Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2024 1 May 2023 false 1 May 2024 31 December 2024 31 December 2024 02059639 Mr Phillip Marshall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02059639 2024-04-30 02059639 2024-12-31 02059639 2024-05-01 2024-12-31 02059639 frs-core:CurrentFinancialInstruments 2024-12-31 02059639 frs-core:ComputerEquipment 2024-12-31 02059639 frs-core:ComputerEquipment 2024-05-01 2024-12-31 02059639 frs-core:ComputerEquipment 2024-04-30 02059639 frs-core:ShareCapital 2024-12-31 02059639 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 02059639 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2024-12-31 02059639 frs-bus:FilletedAccounts 2024-05-01 2024-12-31 02059639 frs-bus:SmallEntities 2024-05-01 2024-12-31 02059639 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2024-12-31 02059639 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2024-12-31 02059639 frs-bus:Director1 2024-05-01 2024-12-31 02059639 frs-bus:Director1 2024-04-30 02059639 frs-bus:Director1 2024-12-31 02059639 frs-countries:EnglandWales 2024-05-01 2024-12-31 02059639 2023-04-30 02059639 2024-04-30 02059639 2023-05-01 2024-04-30 02059639 frs-core:CurrentFinancialInstruments 2024-04-30 02059639 frs-core:ShareCapital 2024-04-30 02059639 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 02059639
Mischievous Wolf Limited
Unaudited Financial Statements
For the Period 1 May 2024 to 31 December 2024
Finacta Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 02059639
31 December 2024 30 April 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,063 16,012
16,063 16,012
CURRENT ASSETS
Debtors 5 138,518 247,806
Cash at bank and in hand 144,062 194,339
282,580 442,145
Creditors: Amounts Falling Due Within One Year 6 (95,817 ) (112,416 )
NET CURRENT ASSETS (LIABILITIES) 186,763 329,729
TOTAL ASSETS LESS CURRENT LIABILITIES 202,826 345,741
NET ASSETS 202,826 345,741
CAPITAL AND RESERVES
Called up share capital 7 339,376 339,376
Profit and Loss Account (136,550 ) 6,365
SHAREHOLDERS' FUNDS 202,826 345,741
Page 1
Page 2
For the period ending 31 December 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 Phillip Marshall
Director
31/01/2025
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
Mischievous Wolf Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02059639 . The registered office is Dominions House, 23-25 St. Augustines Parade, Bristol, BS1 4UL.
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 3 year straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 9 (2024: 5)
9 5
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2024 21,310
Additions 5,027
As at 31 December 2024 26,337
Depreciation
As at 1 May 2024 5,298
Provided during the period 4,976
As at 31 December 2024 10,274
Net Book Value
As at 31 December 2024 16,063
As at 1 May 2024 16,012
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5. Debtors
31 December 2024 30 April 2024
£ £
Due within one year
Trade debtors 48,467 254,307
Other debtors 90,051 (6,501)
138,518 247,806
6. Creditors: Amounts Falling Due Within One Year
31 December 2024 30 April 2024
£ £
Trade creditors 31,849 30,037
Other creditors 45,978 49,110
Taxation and social security 17,990 33,269
95,817 112,416
7. Share Capital
31 December 2024 30 April 2024
£ £
Allotted, Called up and fully paid 339,376 339,376
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Phillip Marshall (6,857 ) 75,201 - - 68,344
The above loan is unsecured, interest free and repayable on demand.
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