Acorah Software Products - Accounts Production 16.1.200 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 12587462 Mr Cristian Ioan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12587462 2023-05-31 12587462 2024-05-31 12587462 2023-06-01 2024-05-31 12587462 frs-core:CurrentFinancialInstruments 2024-05-31 12587462 frs-core:Non-currentFinancialInstruments 2024-05-31 12587462 frs-core:ComputerEquipment 2024-05-31 12587462 frs-core:ComputerEquipment 2023-06-01 2024-05-31 12587462 frs-core:ComputerEquipment 2023-05-31 12587462 frs-core:ShareCapital 2024-05-31 12587462 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 12587462 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12587462 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 12587462 frs-bus:SmallEntities 2023-06-01 2024-05-31 12587462 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12587462 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 12587462 frs-bus:Director1 2023-06-01 2024-05-31 12587462 frs-countries:EnglandWales 2023-06-01 2024-05-31 12587462 2022-05-31 12587462 2023-05-31 12587462 2022-06-01 2023-05-31 12587462 frs-core:CurrentFinancialInstruments 2023-05-31 12587462 frs-core:Non-currentFinancialInstruments 2023-05-31 12587462 frs-core:ShareCapital 2023-05-31 12587462 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 12587462
Meteor Market Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
67 Meridian Centre
Havant
Hampshire
PO9 1UN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12587462
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 328 -
328 -
CURRENT ASSETS
Debtors 5 8,684 10,069
Cash at bank and in hand 11,098 6,423
19,782 16,492
Creditors: Amounts Falling Due Within One Year 6 1 -
NET CURRENT ASSETS (LIABILITIES) 19,783 16,492
TOTAL ASSETS LESS CURRENT LIABILITIES 20,111 16,492
Creditors: Amounts Falling Due After More Than One Year 7 (20,254 ) (27,254 )
NET LIABILITIES (143 ) (10,762 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (144 ) (10,763 )
SHAREHOLDERS' FUNDS (143) (10,762)
Page 1
Page 2
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Cristian Ioan
Director
10/01/2025
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
Meteor Market Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12587462 . The registered office is 80 Alder Road, Southampton, SO16 5EF.
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:
Computer Equipment 25% straight line depreciation
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 June 2023 -
Additions 438
As at 31 May 2024 438
Depreciation
As at 1 June 2023 -
Provided during the period 110
As at 31 May 2024 110
Net Book Value
As at 31 May 2024 328
As at 1 June 2023 -
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
VAT 8,684 10,069
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 20,254 27,254
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4