Acorah Software Products - Accounts Production 16.1.300 false true false 21 April 2023 30 April 2024 30 April 2024 14819660 Mrs Lucy Bailey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14819660 2023-04-20 14819660 2024-04-30 14819660 2023-04-21 2024-04-30 14819660 frs-core:CurrentFinancialInstruments 2024-04-30 14819660 frs-core:ComputerEquipment 2024-04-30 14819660 frs-core:ComputerEquipment 2023-04-21 2024-04-30 14819660 frs-core:ComputerEquipment 2023-04-20 14819660 frs-core:ShareCapital 2024-04-30 14819660 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14819660 frs-bus:PrivateLimitedCompanyLtd 2023-04-21 2024-04-30 14819660 frs-bus:FilletedAccounts 2023-04-21 2024-04-30 14819660 frs-bus:SmallEntities 2023-04-21 2024-04-30 14819660 frs-bus:AuditExemptWithAccountantsReport 2023-04-21 2024-04-30 14819660 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-21 2024-04-30 14819660 frs-bus:Director1 2023-04-21 2024-04-30 14819660 frs-countries:EnglandWales 2023-04-21 2024-04-30
Registered number: 14819660
Luna Mason Author Ltd
Unaudited Financial Statements
For the Period 21 April 2023 to 30 April 2024
Hub Accountants Limited
Chartered Accountants
1C Fridays Court
3-5 High Street
Ringwood
Hampshire
BH24 1AB
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Chartered Accountant's report to the director on the preparation of the unaudited statutory accounts of Luna Mason Author Ltd For the Period 21 April 2023 to 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Luna Mason Author Ltd For the Period 21 April 2023 to 30 April 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of Luna Mason Author Ltd , as a body, in accordance with the terms of our engagement letter dated 03 August 2023. Our work has been undertaken solely to prepare for your approval the accounts of Luna Mason Author Ltd and state those matters that we have agreed to state to the director of Luna Mason Author Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Luna Mason Author Ltd and its director, as a body, for our work or for this report.
It is your duty to ensure that Luna Mason Author Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Luna Mason Author Ltd . You consider that Luna Mason Author Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit of the accounts of Luna Mason Author Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
21st January 2025
Hub Accountants Limited
Chartered Accountants
1C Fridays Court
3-5 High Street
Ringwood
Hampshire
BH24 1AB
Page 1
Page 2
Balance Sheet
Registered number: 14819660
30 April 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 568
568
CURRENT ASSETS
Debtors 5 66,332
Cash at bank and in hand 87,546
153,878
Creditors: Amounts Falling Due Within One Year 6 (85,115 )
NET CURRENT ASSETS (LIABILITIES) 68,763
TOTAL ASSETS LESS CURRENT LIABILITIES 69,331
NET ASSETS 69,331
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account 69,231
SHAREHOLDERS' FUNDS 69,331
Page 2
Page 3
For the period ending 30 April 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 her 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
Mrs Lucy Bailey
Director
21st January 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Luna Mason Author Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14819660 . The registered office is 1C Fridays Court, 3 -5 High Street, Ringwood, Hampshire, BH24 1AB.
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 represents income from the sale of books and royalties.
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 3 years straight line basis
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 4
Page 5
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Tangible Assets
Computer Equipment
£
Cost
As at 21 April 2023 -
Additions 852
As at 30 April 2024 852
Depreciation
As at 21 April 2023 -
Provided during the period 284
As at 30 April 2024 284
Net Book Value
As at 30 April 2024 568
As at 21 April 2023 -
5. Debtors
30 April 2024
£
Due within one year
Trade debtors 64,660
Other debtors 1,672
66,332
6. Creditors: Amounts Falling Due Within One Year
30 April 2024
£
Trade creditors 3,314
Other creditors 34,911
Taxation and social security 46,890
85,115
Page 5
Page 6
7. Share Capital
30 April 2024
£
Allotted, Called up and fully paid 100
8. Directors Advances, Credits and Guarantees
Dividends paid to directors
30 April 2024
£
Mrs Lucy Bailey 73,500
Page 6