Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 07319005 Mr Michael Thompson Ms Sandra Lennon Mr Michael Thompson and Ms Sandra Lennon true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07319005 2023-02-28 07319005 2024-02-28 07319005 2023-03-01 2024-02-28 07319005 frs-core:CurrentFinancialInstruments 2024-02-28 07319005 frs-core:Non-currentFinancialInstruments 2024-02-28 07319005 frs-core:FurnitureFittings 2024-02-28 07319005 frs-core:FurnitureFittings 2023-03-01 2024-02-28 07319005 frs-core:FurnitureFittings 2023-02-28 07319005 frs-core:MotorVehicles 2024-02-28 07319005 frs-core:MotorVehicles 2023-03-01 2024-02-28 07319005 frs-core:MotorVehicles 2023-02-28 07319005 frs-core:PlantMachinery 2024-02-28 07319005 frs-core:PlantMachinery 2023-03-01 2024-02-28 07319005 frs-core:PlantMachinery 2023-02-28 07319005 frs-core:ShareCapital 2024-02-28 07319005 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 07319005 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 07319005 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 07319005 frs-bus:SmallEntities 2023-03-01 2024-02-28 07319005 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 07319005 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 07319005 1 2023-03-01 2024-02-28 07319005 frs-bus:Director1 2023-03-01 2024-02-28 07319005 frs-bus:Director2 2023-03-01 2024-02-28 07319005 frs-core:CurrentFinancialInstruments 1 2024-02-28 07319005 frs-countries:EnglandWales 2023-03-01 2024-02-28 07319005 2022-02-28 07319005 2023-02-28 07319005 2022-03-01 2023-02-28 07319005 frs-core:CurrentFinancialInstruments 2023-02-28 07319005 frs-core:Non-currentFinancialInstruments 2023-02-28 07319005 frs-core:ShareCapital 2023-02-28 07319005 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 07319005 frs-core:CurrentFinancialInstruments 1 2023-02-28
Registered number: 07319005
Mick and Dens Limited
Financial Statements
For The Year Ended 28 February 2024
Kennedy Johnson
83 Carlton Drive
Wigston
LE18 1DG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07319005
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,897 21,286
12,897 21,286
CURRENT ASSETS
Stocks 5 8,360 9,554
Debtors 6 90,184 93,259
Cash at bank and in hand 6,035 3,978
104,579 106,791
Creditors: Amounts Falling Due Within One Year 7 (11,512 ) (13,940 )
NET CURRENT ASSETS (LIABILITIES) 93,067 92,851
TOTAL ASSETS LESS CURRENT LIABILITIES 105,964 114,137
Creditors: Amounts Falling Due After More Than One Year 8 (151,111 ) (161,493 )
NET LIABILITIES (45,147 ) (47,356 )
CAPITAL AND RESERVES
Called up share capital 10 200 2
Profit and Loss Account (45,347 ) (47,358 )
SHAREHOLDERS' FUNDS (45,147) (47,356)
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Page 2
For the year ending 28 February 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 Michael Thompson
Director
Ms Sandra Lennon
Director
29/11/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Mick and Dens Limited Registered number 07319005 is a limited by shares company incorporated in England & Wales. The Registered Office is 83 Carlton Drive, Wigston, Leicestershire, LE18 1DG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 10% per annum calculated on cost.
Motor Vehicles 25% per annum calculated on the reducing balance
Fixtures & Fittings 25% per annum calculated on the reducing balance
2.4. Stocks and Work in Progress
Stocks is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. 
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 2 3
3 4
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 March 2023 83,437 11,550 15,304 110,291
As at 28 February 2024 83,437 11,550 15,304 110,291
Depreciation
As at 1 March 2023 63,276 11,220 14,509 89,005
Provided during the period 8,344 45 - 8,389
As at 28 February 2024 71,620 11,265 14,509 97,394
Net Book Value
As at 28 February 2024 11,817 285 795 12,897
As at 1 March 2023 20,161 330 795 21,286
5. Stocks
2024 2023
£ £
Stock 8,360 9,554
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,180 6,255
Due after more than one year
Amounts owed by associates 87,004 87,004
90,184 93,259
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 5,000 5,000
Corporation tax 2,304 3,333
Other taxes and social security 116 521
VAT 3,066 2,466
Pension contributions 66 194
Accruals 960 2,426
11,512 13,940
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 6,249 11,249
Directors loan account 144,862 150,244
151,111 161,493
9. Deferred Taxation
The provision for deferred tax is made up as follows:
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 2
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr Michael Thompson and Ms Sandra Lennon by virtue of their ownership of 100% of the issued share capital in the company.
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