Acorah Software Products - Accounts Production 16.0.110 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 April 2024 30 April 2024 06751864 Mr Kevin Monk Mr Phil Bottle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06751864 2022-11-30 06751864 2024-04-30 06751864 2022-12-01 2024-04-30 06751864 frs-core:Non-currentFinancialInstruments 2024-04-30 06751864 frs-core:ComputerEquipment 2022-12-01 2024-04-30 06751864 frs-core:PlantMachinery 2022-12-01 2024-04-30 06751864 frs-core:ShareCapital 2024-04-30 06751864 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 06751864 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2024-04-30 06751864 frs-bus:AbridgedAccounts 2022-12-01 2024-04-30 06751864 frs-bus:SmallEntities 2022-12-01 2024-04-30 06751864 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2024-04-30 06751864 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2024-04-30 06751864 frs-core:CostValuation 2022-11-30 06751864 frs-core:CostValuation 2024-04-30 06751864 frs-bus:Director1 2022-12-01 2024-04-30 06751864 frs-bus:Director2 2022-12-01 2024-04-30 06751864 frs-countries:EnglandWales 2022-12-01 2024-04-30 06751864 2021-11-30 06751864 2022-11-30 06751864 2021-12-01 2022-11-30 06751864 frs-core:Non-currentFinancialInstruments 2022-11-30 06751864 frs-core:ShareCapital 2022-11-30 06751864 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 06751864
Mango Swiss Limited
Unaudited ABRIDGED Financial Statements
For the Period 1 December 2022 to 30 April 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 06751864
30 April 2024 30 November 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 78 298
Investments 5 54,000 54,000
54,078 54,298
CURRENT ASSETS
Debtors 74,227 105,153
Cash at bank and in hand 76,491 76,667
150,718 181,820
Creditors: Amounts Falling Due Within One Year (147,295 ) (187,363 )
NET CURRENT ASSETS (LIABILITIES) 3,423 (5,543 )
TOTAL ASSETS LESS CURRENT LIABILITIES 57,501 48,755
Creditors: Amounts Falling Due After More Than One Year (15,353 ) (29,899 )
NET ASSETS 42,148 18,856
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 42,048 18,756
SHAREHOLDERS' FUNDS 42,148 18,856
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For the period ending 30 April 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 April 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Kevin Monk
Director
21/11/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Mango Swiss Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06751864 . The registered office is 76 Innovation Centre, University Road, Canterbury, Kent, CT2 7FG.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 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.
2.4. 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:
Plant & Machinery 20% on Cost
Computer Equipment 25% on Cost
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 5)
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4. Tangible Assets
Total
£
Cost
As at 1 December 2022 6,357
As at 30 April 2024 6,357
Depreciation
As at 1 December 2022 6,059
Provided during the period 220
As at 30 April 2024 6,279
Net Book Value
As at 30 April 2024 78
As at 1 December 2022 298
5. Investments
Total
£
Cost
As at 1 December 2022 54,000
As at 30 April 2024 54,000
Provision
As at 1 December 2022 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 54,000
As at 1 December 2022 54,000
The investment represents 76% of share capital purchased in Sard JV (07916735)
6. Share Capital
30 April 2024 30 November 2022
£ £
Allotted, Called up and fully paid 100 100
7. Reserves
Profit and loss account

The profit and loss account includes all current and prior period retained profits and losses.
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8. Related Party Transactions
All related party transactions, during the current and prior periods, including key management personnel compensation were made under normal market conditions.
Key Personnel
At year end the company owed key personnel £14,426 (2022: £107,332). This amount was unsecured, interest free and repayable on demand.
Sard JV Limited
During the period, the company sold £626,199 (2022: £399,475) of services to its subsidary company, Sard JV Limited.
At the year end the company was owed £73,100 (2022: £104,640) from Sard JV Limited. This amount was unsecured, interest free and repayable on demand.
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