Acorah Software Products - Accounts Production 16.1.200 false true false 21 April 2023 30 April 2024 30 April 2024 14820194 Mr Maximilian Muirhead - Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14820194 2023-04-20 14820194 2024-04-30 14820194 2023-04-21 2024-04-30 14820194 frs-core:CurrentFinancialInstruments 2024-04-30 14820194 frs-core:ComputerEquipment 2023-04-21 2024-04-30 14820194 frs-core:NetGoodwill 2024-04-30 14820194 frs-core:NetGoodwill 2023-04-21 2024-04-30 14820194 frs-core:NetGoodwill 2023-04-20 14820194 frs-core:PlantMachinery 2024-04-30 14820194 frs-core:PlantMachinery 2023-04-21 2024-04-30 14820194 frs-core:PlantMachinery 2023-04-20 14820194 frs-core:SharePremium 2024-04-30 14820194 frs-core:ShareCapital 2024-04-30 14820194 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14820194 frs-bus:PrivateLimitedCompanyLtd 2023-04-21 2024-04-30 14820194 frs-bus:FilletedAccounts 2023-04-21 2024-04-30 14820194 frs-bus:SmallEntities 2023-04-21 2024-04-30 14820194 frs-bus:AuditExempt-NoAccountantsReport 2023-04-21 2024-04-30 14820194 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-21 2024-04-30 14820194 frs-bus:OrdinaryShareClass1 2023-04-21 2024-04-30 14820194 frs-bus:OrdinaryShareClass1 2024-04-30 14820194 frs-bus:Director1 2023-04-21 2024-04-30 14820194 frs-countries:EnglandWales 2023-04-21 2024-04-30
Registered number: 14820194
Muirhead-Smith Wealth Management Ltd
Unaudited Financial Statements
For the Period 21 April 2023 to 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14820194
30 April 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 100,201
Tangible Assets 5 730
100,931
CURRENT ASSETS
Cash at bank and in hand 3,275
3,275
Creditors: Amounts Falling Due Within One Year 6 (8,789 )
NET CURRENT ASSETS (LIABILITIES) (5,514 )
TOTAL ASSETS LESS CURRENT LIABILITIES 95,417
NET ASSETS 95,417
CAPITAL AND RESERVES
Called up share capital 7 1
Share premium account 94,201
Profit and Loss Account 1,215
SHAREHOLDERS' FUNDS 95,417
Page 1
Page 2
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 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 Maximilian Muirhead - Smith
Director
20/01/2025
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
Muirhead-Smith Wealth Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14820194 . The registered office is Unit 2, 2 Thayers Farm Road, Beckenham, Kent, BR3 4LZ.
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, excluding discounts, rebates, value
added tax and other sales taxes.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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 15% on Cost
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Intangible Assets
Goodwill
£
Cost
As at 21 April 2023 -
Additions 100,201
As at 30 April 2024 100,201
Net Book Value
As at 30 April 2024 100,201
As at 21 April 2023 -
Page 3
Page 4
5. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 21 April 2023 -
Additions 800
As at 30 April 2024 800
Depreciation
As at 21 April 2023 -
Provided during the period 70
As at 30 April 2024 70
Net Book Value
As at 30 April 2024 730
As at 21 April 2023 -
6. Creditors: Amounts Falling Due Within One Year
30 April 2024
£
Trade creditors 2
Other creditors 2,416
Taxation and social security 6,371
8,789
7. Share Capital
30 April 2024
Allotted, called up and fully paid £
1 Ordinary Shares of £ 1.00 each 1
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