Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08340022 Mr Neil Blackaller Mr William Jarvis Mrs Tracy Blackaller Mrs Rebekah Jarvis true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08340022 2023-03-31 08340022 2024-03-31 08340022 2023-04-01 2024-03-31 08340022 frs-core:CurrentFinancialInstruments 2024-03-31 08340022 frs-core:ComputerEquipment 2024-03-31 08340022 frs-core:ComputerEquipment 2023-04-01 2024-03-31 08340022 frs-core:ComputerEquipment 2023-03-31 08340022 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 08340022 frs-core:OtherResidualIntangibleAssets 2024-03-31 08340022 frs-core:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 08340022 frs-core:OtherResidualIntangibleAssets 2023-03-31 08340022 frs-core:ShareCapital 2024-03-31 08340022 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08340022 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08340022 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08340022 frs-bus:SmallEntities 2023-04-01 2024-03-31 08340022 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08340022 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08340022 1 2023-04-01 2024-03-31 08340022 frs-core:CostValuation 2023-03-31 08340022 frs-core:CostValuation 2024-03-31 08340022 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 08340022 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 08340022 frs-bus:Director1 2023-04-01 2024-03-31 08340022 frs-bus:Director2 2023-04-01 2024-03-31 08340022 frs-bus:Director3 2023-04-01 2024-03-31 08340022 frs-bus:Director4 2023-04-01 2024-03-31 08340022 frs-countries:EnglandWales 2023-04-01 2024-03-31 08340022 2022-03-31 08340022 2023-03-31 08340022 2022-04-01 2023-03-31 08340022 frs-core:CurrentFinancialInstruments 2023-03-31 08340022 frs-core:ShareCapital 2023-03-31 08340022 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08340022
Metflam (London) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08340022
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 30,189 21,384
Tangible Assets 5 3,402 4,857
Investments 6 310,449 310,449
344,040 336,690
CURRENT ASSETS
Debtors 7 3,814 3,135
Cash at bank and in hand 110,398 28,788
114,212 31,923
Creditors: Amounts Falling Due Within One Year 8 (71,901 ) (31,494 )
NET CURRENT ASSETS (LIABILITIES) 42,311 429
TOTAL ASSETS LESS CURRENT LIABILITIES 386,351 337,119
NET ASSETS 386,351 337,119
CAPITAL AND RESERVES
Called up share capital 9 100,000 100,000
Profit and Loss Account 286,351 237,119
SHAREHOLDERS' FUNDS 386,351 337,119
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Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Neil Blackaller
Director
Mr William Jarvis
Director
25/09/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Metflam (London) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08340022 . The registered office is 6 Roydonbury Industrial Estate, Horsecroft Road, Harlow, Essex, CM19 5BZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are relate to patents. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 4 years straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Intangible Assets
Other
£
Cost
As at 1 April 2023 23,246
Additions 11,482
As at 31 March 2024 34,728
Amortisation
As at 1 April 2023 1,862
Provided during the period 2,677
As at 31 March 2024 4,539
Net Book Value
As at 31 March 2024 30,189
As at 1 April 2023 21,384
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5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 5,823
As at 31 March 2024 5,823
Depreciation
As at 1 April 2023 966
Provided during the period 1,455
As at 31 March 2024 2,421
Net Book Value
As at 31 March 2024 3,402
As at 1 April 2023 4,857
6. Investments
Subsidiaries
£
Cost
As at 1 April 2023 310,449
As at 31 March 2024 310,449
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 310,449
As at 1 April 2023 310,449
7. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 3,814 3,135
3,814 3,135
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,105 11,081
Other taxes and social security 4,215 6,585
VAT 8,068 13,753
Other creditors 75 75
Accruals and deferred income 188 -
Amounts owed to parent undertaking 56,250 -
71,901 31,494
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100,000 100,000
10. Related Party Transactions
1) Company with participating interest in parent company - WRJ Developments Ltd.
Amounts in Creditors less than one year: £56,250 (2023: £0)
11. Ultimate Controlling Party
Parent Company: NB & WJ Holdings Ltd
There is no ultimate controlling party.
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