Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 14 April 2022 false 1 May 2023 30 April 2024 30 April 2024 14046861 Mr Craig Robert Knott Mr. Craig Robert Knott true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14046861 2023-04-30 14046861 2024-04-30 14046861 2023-05-01 2024-04-30 14046861 frs-core:CurrentFinancialInstruments 2024-04-30 14046861 frs-core:FurnitureFittings 2024-04-30 14046861 frs-core:FurnitureFittings 2023-05-01 2024-04-30 14046861 frs-core:FurnitureFittings 2023-04-30 14046861 frs-core:MotorVehicles 2024-04-30 14046861 frs-core:MotorVehicles 2023-05-01 2024-04-30 14046861 frs-core:MotorVehicles 2023-04-30 14046861 frs-core:ShareCapital 2024-04-30 14046861 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14046861 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14046861 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 14046861 frs-bus:SmallEntities 2023-05-01 2024-04-30 14046861 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 14046861 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 14046861 1 2023-05-01 2024-04-30 14046861 frs-bus:Director1 2023-05-01 2024-04-30 14046861 frs-countries:EnglandWales 2023-05-01 2024-04-30 14046861 2022-04-13 14046861 2023-04-30 14046861 2022-04-14 2023-04-30 14046861 frs-core:CurrentFinancialInstruments 2023-04-30 14046861 frs-core:ShareCapital 2023-04-30 14046861 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 14046861
MONTEGO LIMITED
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14046861
30 April 2024 30 April 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 248,782 271,800
248,782 271,800
CURRENT ASSETS
Debtors 5 22,719 4,088
Cash at bank and in hand 195,124 166,203
217,843 170,291
Creditors: Amounts Falling Due Within One Year 6 (417,925 ) (441,836 )
NET CURRENT ASSETS (LIABILITIES) (200,082 ) (271,545 )
TOTAL ASSETS LESS CURRENT LIABILITIES 48,700 255
NET ASSETS 48,700 255
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 48,699 254
SHAREHOLDERS' FUNDS 48,700 255
Page 1
Page 2
For the year 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 Craig Robert Knott
Director
28/01/2025
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
MONTEGO LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 14046861 . The registered office is Unit 146 Atria Shopping Centre, Watford, WD17 2UB.
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:
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 10% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 42 (2023: 24)
42 24
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2023 - 302,000 302,000
Additions 5,550 - 5,550
As at 30 April 2024 5,550 302,000 307,550
Depreciation
As at 1 May 2023 - 30,200 30,200
Provided during the period 1,388 27,180 28,568
As at 30 April 2024 1,388 57,380 58,768
Net Book Value
As at 30 April 2024 4,162 244,620 248,782
As at 1 May 2023 - 271,800 271,800
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5. Debtors
30 April 2024 30 April 2023
£ £
Due within one year
Trade debtors 19,604 4,088
VAT 3,115 -
22,719 4,088
6. Creditors: Amounts Falling Due Within One Year
30 April 2024 30 April 2023
£ £
Trade creditors 393,073 395,775
Other taxes and social security 14,625 11,014
VAT - 14,267
Other creditors - 10,000
Accruals 10,227 10,780
417,925 441,836
7. Share Capital
30 April 2024 30 April 2023
£ £
Allotted, Called up and fully paid 1 1
8. Dividends
30 April 2024 30 April 2023
£ £
On equity shares:
Final dividend paid 15,313 43,499
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr. Craig Robert Knott by virtue of his ownership of 100% of the issued share capital in the company.
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