Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10737242 Mr Aaron Smithyes Mrs Sophie Smithyes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10737242 2023-04-30 10737242 2024-04-30 10737242 2023-05-01 2024-04-30 10737242 frs-core:CurrentFinancialInstruments 2024-04-30 10737242 frs-core:Non-currentFinancialInstruments 2024-04-30 10737242 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10737242 frs-core:FurnitureFittings 2024-04-30 10737242 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10737242 frs-core:FurnitureFittings 2023-04-30 10737242 frs-core:MotorVehicles 2024-04-30 10737242 frs-core:MotorVehicles 2023-05-01 2024-04-30 10737242 frs-core:MotorVehicles 2023-04-30 10737242 frs-core:PlantMachinery 2024-04-30 10737242 frs-core:PlantMachinery 2023-05-01 2024-04-30 10737242 frs-core:PlantMachinery 2023-04-30 10737242 frs-core:ShareCapital 2024-04-30 10737242 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10737242 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10737242 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10737242 frs-bus:SmallEntities 2023-05-01 2024-04-30 10737242 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10737242 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10737242 frs-bus:Director1 2023-05-01 2024-04-30 10737242 frs-bus:Director2 2023-05-01 2024-04-30 10737242 frs-core:CurrentFinancialInstruments 2 2024-04-30 10737242 frs-countries:EnglandWales 2023-05-01 2024-04-30 10737242 2022-04-30 10737242 2023-04-30 10737242 2022-05-01 2023-04-30 10737242 frs-core:CurrentFinancialInstruments 2023-04-30 10737242 frs-core:Non-currentFinancialInstruments 2023-04-30 10737242 frs-core:ShareCapital 2023-04-30 10737242 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 10737242 frs-core:CurrentFinancialInstruments 1 2023-04-30 10737242 frs-core:CurrentFinancialInstruments 2 2023-04-30
Registered number: 10737242
M&E South East Project Management Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Trayler Lane Accounts LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10737242
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 137,995 26,110
137,995 26,110
CURRENT ASSETS
Debtors 5 245,568 135,242
Cash at bank and in hand 47,967 27,926
293,535 163,168
Creditors: Amounts Falling Due Within One Year 6 (291,836 ) (132,805 )
NET CURRENT ASSETS (LIABILITIES) 1,699 30,363
TOTAL ASSETS LESS CURRENT LIABILITIES 139,694 56,473
Creditors: Amounts Falling Due After More Than One Year 7 (23,418 ) (28,024 )
NET ASSETS 116,276 28,449
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 116,176 28,349
SHAREHOLDERS' FUNDS 116,276 28,449
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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 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.
On behalf of the board
Mr Aaron Smithyes
Director
29/01/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
M&E South East Project Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10737242 . The registered office is 50 Princes Street, Ipswich, Suffolk, IP1 1RJ.
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:
Plant & Machinery 25% straight line
Motor Vehicles 20% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 33% straight line
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.
...CONTINUED
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2.4. Taxation - continued
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 May 2023 13,969 14,871 5,657 34,497
Additions - 128,677 3,905 132,582
As at 30 April 2024 13,969 143,548 9,562 167,079
Depreciation
As at 1 May 2023 1,254 3,222 3,911 8,387
Provided during the period 3,492 15,796 1,409 20,697
As at 30 April 2024 4,746 19,018 5,320 29,084
Net Book Value
As at 30 April 2024 9,223 124,530 4,242 137,995
As at 1 May 2023 12,715 11,649 1,746 26,110
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 221,525 76,503
Prepayments and accrued income 23,748 44,670
Other debtors 295 -
VAT - 13,729
Net wages - 340
245,568 135,242
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 51,519 35,632
Bank loans and overdrafts 4,607 4,605
Corporation tax 23,546 471
Other taxes and social security 3,407 172
VAT 44,613 -
Other creditors 3,894 77,370
Amex control - 14,484
Ford Credit HP control accounts 93,797 -
Directors' loan accounts 66,453 71
291,836 132,805
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 23,418 28,024
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 181,900 6,200
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