Acorah Software Products - Accounts Production 16.1.300 false true false 7 March 2023 31 March 2024 31 March 2024 14713952 Mr Barnaby Gaunt Ms Anne Connoly iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14713952 2023-03-06 14713952 2024-03-31 14713952 2023-03-07 2024-03-31 14713952 frs-core:Non-currentFinancialInstruments 2024-03-31 14713952 frs-core:ShareCapital 2024-03-31 14713952 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14713952 frs-bus:PrivateLimitedCompanyLtd 2023-03-07 2024-03-31 14713952 frs-bus:AbridgedAccounts 2023-03-07 2024-03-31 14713952 frs-bus:SmallEntities 2023-03-07 2024-03-31 14713952 frs-bus:AuditExempt-NoAccountantsReport 2023-03-07 2024-03-31 14713952 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-07 2024-03-31 14713952 frs-bus:Director1 2023-03-07 2024-03-31 14713952 frs-bus:Director2 2023-03-07 2024-03-31 14713952 frs-countries:EnglandWales 2023-03-07 2024-03-31
Registered number: 14713952
Two Mabels Ltd
Unaudited ABRIDGED Financial Statements
For the Period 7 March 2023 to 31 March 2024
Together We Count Limited
87 Heeley Bank Road
Sheffield
South Yorkshire
S2 3GL
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 14713952
31 March 2024
Notes £ £
FIXED ASSETS
Investment Properties 4 514,500
514,500
CURRENT ASSETS
Cash at bank and in hand 14,085
14,085
Creditors: Amounts Falling Due Within One Year (71,307 )
NET CURRENT ASSETS (LIABILITIES) (57,222 )
TOTAL ASSETS LESS CURRENT LIABILITIES 457,278
Creditors: Amounts Falling Due After More Than One Year (456,827 )
NET ASSETS 451
CAPITAL AND RESERVES
Called up share capital 5 2
Profit and Loss Account 449
SHAREHOLDERS' FUNDS 451
Page 1
Page 2
For the period 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Barnaby Gaunt
Director
18 January 2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Two Mabels Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14713952 . The registered office is 20 Barmouth Road, Sheffield, England, S7 2DH.
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
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. 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 years 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Investment Property
31 March 2024
£
Fair Value
As at 7 March 2023 -
Additions 514,500
As at 31 March 2024 514,500
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
31 March 2024
£
Cost 514,500
5. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 2
Page 3