Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10740274 Mrs JOANNA COLYER Mr Tyler Colyer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10740274 2023-04-30 10740274 2024-04-30 10740274 2023-05-01 2024-04-30 10740274 frs-core:CurrentFinancialInstruments 2024-04-30 10740274 frs-core:Non-currentFinancialInstruments 2024-04-30 10740274 frs-core:BetweenOneFiveYears 2024-04-30 10740274 frs-core:ComputerEquipment 2024-04-30 10740274 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10740274 frs-core:ComputerEquipment 2023-04-30 10740274 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10740274 frs-core:MotorVehicles 2024-04-30 10740274 frs-core:MotorVehicles 2023-05-01 2024-04-30 10740274 frs-core:MotorVehicles 2023-04-30 10740274 frs-core:PlantMachinery 2024-04-30 10740274 frs-core:PlantMachinery 2023-05-01 2024-04-30 10740274 frs-core:PlantMachinery 2023-04-30 10740274 frs-core:WithinOneYear 2024-04-30 10740274 frs-core:ShareCapital 2024-04-30 10740274 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10740274 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10740274 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10740274 frs-bus:SmallEntities 2023-05-01 2024-04-30 10740274 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10740274 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10740274 frs-bus:Director1 2023-05-01 2024-04-30 10740274 frs-bus:Director2 2023-05-01 2024-04-30 10740274 frs-countries:EnglandWales 2023-05-01 2024-04-30 10740274 2022-04-30 10740274 2023-04-30 10740274 2022-05-01 2023-04-30 10740274 frs-core:CurrentFinancialInstruments 2023-04-30 10740274 frs-core:Non-currentFinancialInstruments 2023-04-30 10740274 frs-core:BetweenOneFiveYears 2023-04-30 10740274 frs-core:WithinOneYear 2023-04-30 10740274 frs-core:ShareCapital 2023-04-30 10740274 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10740274
MORELIGHT GLASS DESIGN LIMITED
Unaudited Financial Statements
For The Year Ended 30 April 2024
SLM Accountants & Tax Advisors
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10740274
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,948 33,387
33,948 33,387
CURRENT ASSETS
Stocks 5 31,794 -
Debtors 6 56,913 66,655
Cash at bank and in hand 7,479 28,984
96,186 95,639
Creditors: Amounts Falling Due Within One Year 7 (19,313 ) (21,026 )
NET CURRENT ASSETS (LIABILITIES) 76,873 74,613
TOTAL ASSETS LESS CURRENT LIABILITIES 110,821 108,000
Creditors: Amounts Falling Due After More Than One Year 8 (51,508 ) (32,722 )
NET ASSETS 59,313 75,278
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 59,213 75,178
SHAREHOLDERS' FUNDS 59,313 75,278
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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
Mrs JOANNA COLYER
Director
29/11/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
MORELIGHT GLASS DESIGN LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10740274 . The registered office is C/O Hillside, 55 Rectory Grove, Leigh-On-Sea, SS9 2HA.
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 20% reducing balance
Motor Vehicles 20% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 20% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 3,390 43,116 1,578 48,084
Additions 8,333 - 766 9,099
As at 30 April 2024 11,723 43,116 2,344 57,183
Depreciation
As at 1 May 2023 1,033 12,953 711 14,697
Provided during the period 589 7,541 408 8,538
As at 30 April 2024 1,622 20,494 1,119 23,235
Net Book Value
As at 30 April 2024 10,101 22,622 1,225 33,948
As at 1 May 2023 2,357 30,163 867 33,387
5. Stocks
2024 2023
£ £
Materials 8,022 -
Work in progress 23,772 -
31,794 -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 38,376 49,958
Other debtors 18,487 16,697
VAT 50 -
56,913 66,655
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,372 4,372
Bank loans and overdrafts 3,560 3,560
Other taxes and social security 4,798 -
VAT - 5,833
Accruals and deferred income 6,537 6,915
Directors' loan accounts 46 346
19,313 21,026
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 20,154 20,154
Bank loans 31,354 12,568
51,508 32,722
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,372 4,372
Later than one year and not later than five years 20,154 20,154
24,526 24,526
24,526 24,526
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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