Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 03293588 Mr A G Parsons Mr L A Gold Mr L A Gold true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03293588 2023-03-31 03293588 2024-03-31 03293588 2023-04-01 2024-03-31 03293588 frs-core:CurrentFinancialInstruments 2024-03-31 03293588 frs-core:Non-currentFinancialInstruments 2024-03-31 03293588 frs-core:ComputerEquipment 2024-03-31 03293588 frs-core:ComputerEquipment 2023-04-01 2024-03-31 03293588 frs-core:ComputerEquipment 2023-03-31 03293588 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 03293588 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03293588 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 03293588 frs-core:MotorVehicles 2024-03-31 03293588 frs-core:MotorVehicles 2023-04-01 2024-03-31 03293588 frs-core:MotorVehicles 2023-03-31 03293588 frs-core:PlantMachinery 2024-03-31 03293588 frs-core:PlantMachinery 2023-04-01 2024-03-31 03293588 frs-core:PlantMachinery 2023-03-31 03293588 frs-core:RevaluationReserve 2023-03-31 03293588 frs-core:RevaluationReserve 2024-03-31 03293588 frs-core:ShareCapital 2024-03-31 03293588 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03293588 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03293588 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 03293588 frs-bus:SmallEntities 2023-04-01 2024-03-31 03293588 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03293588 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03293588 1 2023-04-01 2024-03-31 03293588 frs-core:UnlistedNon-exchangeTraded 2024-03-31 03293588 frs-core:UnlistedNon-exchangeTraded 2023-03-31 03293588 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 03293588 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 03293588 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 03293588 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 03293588 frs-bus:Director1 2023-04-01 2024-03-31 03293588 frs-bus:Director2 2023-04-01 2024-03-31 03293588 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 03293588 frs-countries:EnglandWales 2023-04-01 2024-03-31 03293588 2022-03-31 03293588 2023-03-31 03293588 2022-04-01 2023-03-31 03293588 frs-core:CurrentFinancialInstruments 2023-03-31 03293588 frs-core:Non-currentFinancialInstruments 2023-03-31 03293588 frs-core:RevaluationReserve 2023-03-31 03293588 frs-core:ShareCapital 2023-03-31 03293588 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 03293588 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 03293588
4M Investments Limited
Financial Statements
For The Year Ended 31 March 2024
Halkin Lerman Davis Limited
Beaumont Chancery
44 Southampton Buildings
Holborn
London
WC2A 1AP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03293588
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,577,812 1,972,743
Investments 5 2,101 2,101
1,579,913 1,974,844
CURRENT ASSETS
Debtors 6 1,699,443 1,830,091
Cash at bank and in hand 246,867 48,008
1,946,310 1,878,099
Creditors: Amounts Falling Due Within One Year 7 (403,420 ) (497,511 )
NET CURRENT ASSETS (LIABILITIES) 1,542,890 1,380,588
TOTAL ASSETS LESS CURRENT LIABILITIES 3,122,803 3,355,432
Creditors: Amounts Falling Due After More Than One Year 8 (1,525,500 ) (1,645,500 )
NET ASSETS 1,597,303 1,709,932
CAPITAL AND RESERVES
Called up share capital 9 750,000 750,000
Revaluation reserve 10 588,373 588,373
Profit and Loss Account 258,930 371,559
SHAREHOLDERS' FUNDS 1,597,303 1,709,932
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 L A Gold
Director
26/12/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
4M Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03293588 . The registered office is 5 Stirling Court, Stirling Way, Borehamwood, WD6 2FX.
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. 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 not provided
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 25% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 1,965,094 13,064 19,866 3,627 2,001,651
Disposals (393,019 ) - - - (393,019 )
As at 31 March 2024 1,572,075 13,064 19,866 3,627 1,608,632
Depreciation
As at 1 April 2023 - 12,460 14,654 1,794 28,908
Provided during the period - 151 1,303 458 1,912
As at 31 March 2024 - 12,611 15,957 2,252 30,820
Net Book Value
As at 31 March 2024 1,572,075 453 3,909 1,375 1,577,812
As at 1 April 2023 1,965,094 604 5,212 1,833 1,972,743
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 April 2023 2,101
As at 31 March 2024 2,101
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 2,101
As at 1 April 2023 2,101
Investments in subsidiary undertakings are recognised at cost.
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 33,781
Other debtors 279,866 220,269
Corporation tax recoverable assets 1,500 1,500
Other taxes and social security - 4,283
Amounts owed by group undertakings 1,418,077 1,570,258
1,699,443 1,830,091
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1
Bank loans and overdrafts 20,000 22,691
Other taxes and social security 1,866 -
VAT 21,224 -
Other creditors 34,591 100,000
Other creditors (1) - 17,000
Accruals and deferred income 850 42,633
Directors' loan accounts 108,717 37,514
Amounts owed to group undertakings 216,172 277,672
403,420 497,511
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,525,500 1,645,500
Page 4
Page 5
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 750,000 750,000
10. Reserves
Revaluation Reserve
£
As at 1 April 2023 588,373
As at 31 March 2024 588,373
11. Related Party Transactions
Amounts due from group undertakings within one year at the balance sheet date represents amounts due to the company from its wholly owned subsidiaries.
Included within other debtors due within one year is a total of £279,368 (2023 - £220,269) owed to the company from entities under common control or connected with directors.
Amounts due to group undertakings within one year at the balance sheet date represents amounts due from the company to a wholly owned subsidiary.
Included within other creditors due within one year at the balance sheet date is a total of £32,000 (2023 - £110,700) owed by the Company to entities under common control or connected with directors.
Also included within other creditors due within one year at the balance sheet date is a loan of £108,717 (2023 - £37,514) from a director, Mr. L. Gold.
12. Ultimate Controlling Party
The ultimate controlling party is L A Gold.
Page 5