Acorah Software Products - Accounts Production 16.0.110 false true false 1 April 2023 31 March 2024 31 March 2024 07873631 Mrs Danielle Head Mr Alec Game iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07873631 2023-03-31 07873631 2024-03-31 07873631 2023-04-01 2024-03-31 07873631 frs-core:CurrentFinancialInstruments 2024-03-31 07873631 frs-core:Non-currentFinancialInstruments 2024-03-31 07873631 frs-core:ComputerEquipment 2024-03-31 07873631 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07873631 frs-core:ComputerEquipment 2023-03-31 07873631 frs-core:FurnitureFittings 2024-03-31 07873631 frs-core:FurnitureFittings 2023-04-01 2024-03-31 07873631 frs-core:FurnitureFittings 2023-03-31 07873631 frs-core:MotorVehicles 2024-03-31 07873631 frs-core:MotorVehicles 2023-04-01 2024-03-31 07873631 frs-core:MotorVehicles 2023-03-31 07873631 frs-core:PlantMachinery 2024-03-31 07873631 frs-core:PlantMachinery 2023-04-01 2024-03-31 07873631 frs-core:PlantMachinery 2023-03-31 07873631 frs-core:ShareCapital 2024-03-31 07873631 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07873631 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07873631 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07873631 frs-bus:SmallEntities 2023-04-01 2024-03-31 07873631 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07873631 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07873631 frs-bus:Director1 2023-04-01 2024-03-31 07873631 frs-bus:Director1 2023-03-31 07873631 frs-bus:Director1 2024-03-31 07873631 frs-bus:Director2 2023-04-01 2024-03-31 07873631 frs-bus:Director2 2023-03-31 07873631 frs-bus:Director2 2024-03-31 07873631 frs-countries:EnglandWales 2023-04-01 2024-03-31
Registered number: 07873631
Merlin Air Conditioning Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Blue Rocket Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07873631
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 6,257
6,257
CURRENT ASSETS
Debtors 5 4,289
Cash at bank and in hand 49,597
53,886
Creditors: Amounts Falling Due Within One Year 6 (12,307 )
NET CURRENT ASSETS (LIABILITIES) 41,579
TOTAL ASSETS LESS CURRENT LIABILITIES 47,836
Creditors: Amounts Falling Due After More Than One Year 7 (13,933 )
NET ASSETS 33,903
CAPITAL AND RESERVES
Called up share capital 8 200
Profit and Loss Account 33,703
SHAREHOLDERS' FUNDS 33,903
Page 1
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 Alec Game
Director
04/11/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Merlin Air Conditioning Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07873631 . The registered office is Bramling Oast Amber Lane, Chart Sutton, Maidstone, Kent, ME17 3SF.
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. 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:
Plant & Machinery 20% Straight Line
Motor Vehicles 20% Straight Line
Fixtures & Fittings 20% Straight Line
Computer Equipment 20% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 8,527 22,995 299 1,132 32,953
Additions 494 - - 142 636
Disposals (342 ) - - - (342 )
As at 31 March 2024 8,679 22,995 299 1,274 33,247
Depreciation
As at 1 April 2023 8,002 15,719 299 1,132 25,152
Provided during the period - 1,819 - 19 1,838
As at 31 March 2024 8,002 17,538 299 1,151 26,990
Net Book Value
As at 31 March 2024 677 5,457 - 123 6,257
As at 1 April 2023 525 7,276 - - 7,801
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5. Debtors
2024
£
Due within one year
Trade debtors 950
Amounts owed by group undertakings (9,932)
Other debtors 13,271
4,289
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 401
Bank loans and overdrafts 6,431
Other creditors 4,143
Taxation and social security 1,332
12,307
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Bank loans 13,933
8. Share Capital
2024
£
Allotted, Called up and fully paid 200
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mrs Danielle Head 1,574 10,000 - - 11,574
Mr Alec Game 15 - - - 15
The above loan is unsecured, interest free and repayable on demand.
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