Acorah Software Products - Accounts Production 16.1.300 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 13332469 Mrs Clara Mulcare Mr Paul Mulcare iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13332469 2023-04-30 13332469 2024-04-30 13332469 2023-05-01 2024-04-30 13332469 frs-core:CurrentFinancialInstruments 2024-04-30 13332469 frs-core:Non-currentFinancialInstruments 2024-04-30 13332469 frs-core:FurnitureFittings 2024-04-30 13332469 frs-core:FurnitureFittings 2023-05-01 2024-04-30 13332469 frs-core:FurnitureFittings 2023-04-30 13332469 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-30 13332469 frs-core:InvestmentPropertyIncludedWithinPPE 2023-05-01 2024-04-30 13332469 frs-core:InvestmentPropertyIncludedWithinPPE 2023-04-30 13332469 frs-core:ShareCapital 2024-04-30 13332469 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 13332469 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13332469 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 13332469 frs-bus:SmallEntities 2023-05-01 2024-04-30 13332469 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13332469 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 13332469 frs-bus:Director1 2023-05-01 2024-04-30 13332469 frs-bus:Director2 2023-05-01 2024-04-30 13332469 frs-countries:EnglandWales 2023-05-01 2024-04-30 13332469 2022-04-30 13332469 2023-04-30 13332469 2022-05-01 2023-04-30 13332469 frs-core:CurrentFinancialInstruments 2023-04-30 13332469 frs-core:Non-currentFinancialInstruments 2023-04-30 13332469 frs-core:ShareCapital 2023-04-30 13332469 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 13332469
Mulcare Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13332469
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 209,878 242,757
209,878 242,757
CURRENT ASSETS
Debtors 5 787 4,753
Cash at bank and in hand 7,837 4,273
8,624 9,026
Creditors: Amounts Falling Due Within One Year 6 (85,394 ) (88,319 )
NET CURRENT ASSETS (LIABILITIES) (76,770 ) (79,293 )
TOTAL ASSETS LESS CURRENT LIABILITIES 133,108 163,464
Creditors: Amounts Falling Due After More Than One Year 7 (170,438 ) (170,438 )
NET LIABILITIES (37,330 ) (6,974 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (37,430 ) (7,074 )
SHAREHOLDERS' FUNDS (37,330) (6,974)
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 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 Paul Mulcare
Director
28/01/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Mulcare Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13332469 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
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. Going Concern Disclosure
The director's have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependend upon the continued support of the director's who have undertaken to provide such support for the foreseeable future.
If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
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:
Fixtures & Fittings 25% Straight Line
2.5. Investment Properties
Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.
Changes in fair value are recognised in the profit and loss account.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
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Page 4
4. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost or Valuation
As at 1 May 2023 239,000 7,515 246,515
Additions 229 - 229
Revaluation (31,229 ) - (31,229 )
As at 30 April 2024 208,000 7,515 215,515
Depreciation
As at 1 May 2023 - 3,758 3,758
Provided during the period - 1,879 1,879
As at 30 April 2024 - 5,637 5,637
Net Book Value
As at 30 April 2024 208,000 1,878 209,878
As at 1 May 2023 239,000 3,757 242,757
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 4,022
Prepayments and accrued income 687 631
Other debtors 100 100
787 4,753
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 144 906
Accruals and deferred income - 2,163
Directors' loan accounts 85,250 85,250
85,394 88,319
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 170,438 170,438
8. Secured Creditors
Of the creditors falling due within and after more than one year the following amount is secured by a fixed charge over the investment property. The mortgage is interest only with terms of 11 years.
2024 2023
£ £
Bank loans and overdrafts 170,438 170,438
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5