Acorah Software Products - Accounts Production 16.0.110 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 04112721 Mr Steven Talbot Mr Mohammed Rajjak Mr Mohammed Rajjak iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04112721 2022-12-31 04112721 2023-12-31 04112721 2023-01-01 2023-12-31 04112721 frs-core:CurrentFinancialInstruments 2023-12-31 04112721 frs-core:ComputerEquipment 2023-12-31 04112721 frs-core:ComputerEquipment 2023-01-01 2023-12-31 04112721 frs-core:ComputerEquipment 2022-12-31 04112721 frs-core:FurnitureFittings 2023-12-31 04112721 frs-core:FurnitureFittings 2023-01-01 2023-12-31 04112721 frs-core:FurnitureFittings 2022-12-31 04112721 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 04112721 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 04112721 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04112721 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 04112721 frs-core:ShareCapital 2023-12-31 04112721 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04112721 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04112721 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04112721 frs-bus:SmallEntities 2023-01-01 2023-12-31 04112721 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04112721 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04112721 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 04112721 frs-bus:OrdinaryShareClass1 2023-12-31 04112721 frs-bus:Director1 2023-01-01 2023-12-31 04112721 frs-bus:Director2 2023-01-01 2023-12-31 04112721 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 04112721 frs-countries:EnglandWales 2023-01-01 2023-12-31 04112721 2021-12-31 04112721 2022-12-31 04112721 2022-01-01 2022-12-31 04112721 frs-core:CurrentFinancialInstruments 2022-12-31 04112721 frs-core:ShareCapital 2022-12-31 04112721 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 04112721 frs-bus:OrdinaryShareClass1 2022-01-01 2022-12-31
Registered number: 04112721
Mwi Global Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
More Group (Accounting) Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04112721
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,157 13,003
9,157 13,003
CURRENT ASSETS
Debtors 5 1,539 85,244
Cash at bank and in hand 750 222
2,289 85,466
Creditors: Amounts Falling Due Within One Year 6 (109,882 ) (251,405 )
NET CURRENT ASSETS (LIABILITIES) (107,593 ) (165,939 )
TOTAL ASSETS LESS CURRENT LIABILITIES (98,436 ) (152,936 )
NET LIABILITIES (98,436 ) (152,936 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (98,438 ) (152,938 )
SHAREHOLDERS' FUNDS (98,436) (152,936)
Page 1
Page 2
For the year ending 31 December 2023 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 Steven Talbot
Director
20/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Mwi Global Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04112721 . The registered office is 23 Bartholomew Square, London, EC1V 3QT.
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. Going Concern Disclosure
These accounts have been prepared on the going concern basis, on the understanding that the directors of this company will continue to financially support the company in this uncertain period.
2.3. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
2.4. 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:
Freehold 10%
Leasehold 10%
Fixtures & Fittings 15%
Computer Equipment 50%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 2)
1 2
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 16,218 47,849 92,977 157,044
As at 31 December 2023 16,218 47,849 92,977 157,044
Depreciation
As at 1 January 2023 10,223 47,111 86,707 144,041
Provided during the period 600 111 3,135 3,846
As at 31 December 2023 10,823 47,222 89,842 147,887
Net Book Value
As at 31 December 2023 5,395 627 3,135 9,157
As at 1 January 2023 5,995 738 6,270 13,003
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5. Debtors
2023 2022
£ £
Due within one year
VAT 1,539 1,370
Amounts owed by other participating interests - 83,874
1,539 85,244
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (2 ) 61,153
Bank loans and overdrafts 23,317 29,167
Other taxes and social security 563 1,066
Net wages 437 437
Advance received from customer - 92,000
Directors' loan accounts 85,567 67,582
109,882 251,405
7. Share Capital
2023 2022
Allotted, called up but not fully paid £ £
2 Ordinary Shares of £ 1.00 each 2 2
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