Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07195986 Mrs Tarryn Morgan Mr Barry Colman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07195986 2023-03-31 07195986 2024-03-31 07195986 2023-04-01 2024-03-31 07195986 frs-core:CurrentFinancialInstruments 2024-03-31 07195986 frs-core:Non-currentFinancialInstruments 2024-03-31 07195986 frs-core:ShareCapital 2024-03-31 07195986 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07195986 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07195986 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07195986 frs-bus:SmallEntities 2023-04-01 2024-03-31 07195986 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07195986 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07195986 frs-core:UnlistedNon-exchangeTraded 2024-03-31 07195986 frs-core:UnlistedNon-exchangeTraded 2023-03-31 07195986 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 07195986 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 07195986 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 07195986 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 07195986 frs-bus:Director1 2023-04-01 2024-03-31 07195986 frs-bus:Director2 2023-04-01 2024-03-31 07195986 frs-countries:EnglandWales 2023-04-01 2024-03-31 07195986 2022-03-31 07195986 2023-03-31 07195986 2022-04-01 2023-03-31 07195986 frs-core:CurrentFinancialInstruments 2023-03-31 07195986 frs-core:Non-currentFinancialInstruments 2023-03-31 07195986 frs-core:ShareCapital 2023-03-31 07195986 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07195986
Money4Machines Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07195986
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 47,719 47,719
47,719 47,719
CURRENT ASSETS
Debtors 5 894,367 128,531
Cash at bank and in hand 65,018 45,522
959,385 174,053
Creditors: Amounts Falling Due Within One Year 6 - (39,254 )
NET CURRENT ASSETS (LIABILITIES) 959,385 134,799
TOTAL ASSETS LESS CURRENT LIABILITIES 1,007,104 182,518
Creditors: Amounts Falling Due After More Than One Year 7 (1,000 ) (1,000 )
NET ASSETS 1,006,104 181,518
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,006,004 181,418
SHAREHOLDERS' FUNDS 1,006,104 181,518
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 Barry Colman
Director
7 November 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
Money4Machines Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07195986 . The registered office is 59 HIGH STREET, GREAT MISSENDEN, BUCKINGHAMSHIRE, HP16 0AL.
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:
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Unlisted
£
Cost
As at 1 April 2023 47,719
As at 31 March 2024 47,719
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 47,719
As at 1 April 2023 47,719
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,860 -
VAT 16 69
Called up share capital not paid 99 99
1,975 168
Due after more than one year
Amounts owed by group undertakings 892,392 128,363
894,367 128,531
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 39,254
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 1,000 1,000
8. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 99 99
Called Up Share Capital has been paid up 1 1
Amount of Allotted, Called Up Share Capital 100 100
Page 4