Acorah Software Products - Accounts Production 16.0.110 false true 30 June 2023 6 June 2022 false 1 July 2023 30 June 2024 30 June 2024 14150257 Mr M P Bishop iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14150257 2023-06-30 14150257 2024-06-30 14150257 2023-07-01 2024-06-30 14150257 frs-core:CurrentFinancialInstruments 2024-06-30 14150257 frs-core:ComputerEquipment 2023-07-01 2024-06-30 14150257 frs-core:FurnitureFittings 2023-07-01 2024-06-30 14150257 frs-core:PlantMachinery 2024-06-30 14150257 frs-core:PlantMachinery 2023-07-01 2024-06-30 14150257 frs-core:PlantMachinery 2023-06-30 14150257 frs-core:ShareCapital 2024-06-30 14150257 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14150257 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14150257 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 14150257 frs-bus:SmallEntities 2023-07-01 2024-06-30 14150257 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14150257 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14150257 frs-core:CostValuation 2023-06-30 14150257 frs-core:AdditionsToInvestments 2024-06-30 14150257 frs-core:CostValuation 2024-06-30 14150257 frs-core:ProvisionsForImpairmentInvestments 2023-06-30 14150257 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 14150257 frs-bus:Director1 2023-07-01 2024-06-30 14150257 frs-countries:EnglandWales 2023-07-01 2024-06-30 14150257 2022-06-05 14150257 2023-06-30 14150257 2022-06-06 2023-06-30 14150257 frs-core:CurrentFinancialInstruments 2023-06-30 14150257 frs-core:ShareCapital 2023-06-30 14150257 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 14150257
Marc Bishop Family Investments Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 14150257
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,527 -
Investments 5 9,911 -
11,438 -
CURRENT ASSETS
Stocks 6 3,790 -
Debtors 7 23,565 41,173
Cash at bank and in hand 33,942 21,756
61,297 62,929
Creditors: Amounts Falling Due Within One Year 8 (18,926 ) (18,904 )
NET CURRENT ASSETS (LIABILITIES) 42,371 44,025
TOTAL ASSETS LESS CURRENT LIABILITIES 53,809 44,025
NET ASSETS 53,809 44,025
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 53,709 43,925
SHAREHOLDERS' FUNDS 53,809 44,025
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For the year ending 30 June 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 M P Bishop
Director
17/02/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Marc Bishop Family Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14150257 . The registered office is Woodside House, Woodside, Chilworth, Southampton, Hampshire, SO16 7LB.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Fixtures & Fittings 20% Straight Line
Computer Equipment 20% Straight Line
2.4. 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.
2.5. Financial Instruments
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
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2.6. Taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Share Capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 July 2023 -
Additions 1,908
As at 30 June 2024 1,908
Depreciation
As at 1 July 2023 -
Provided during the period 381
As at 30 June 2024 381
Net Book Value
As at 30 June 2024 1,527
As at 1 July 2023 -
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5. Investments
Other
£
Cost
As at 1 July 2023 -
Additions 9,911
As at 30 June 2024 9,911
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 9,911
As at 1 July 2023 -
6. Stocks
30 June 2024 30 June 2023
£ £
Stock 3,790 -
7. Debtors
30 June 2024 30 June 2023
£ £
Due within one year
Trade debtors - 9,000
Amounts owed by participating interests 20,873 5,101
Other debtors 2,692 27,072
23,565 41,173
8. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Trade creditors 8,205 -
Other creditors 3,035 3,763
Taxation and social security 7,686 15,141
18,926 18,904
9. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 100 100
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10. Related Party Transactions
Stroika International Investments LimitedCompany under common controlLoan to Stroika International Investments Limited of £5,306 (FY2023:£5,101). This loan is unsecured and will be repaid by Janaury 2026. Interest is charged at 4%

Stroika International Investments Limited

Company under common control

Loan to Stroika International Investments Limited of £5,306 (FY2023:£5,101). This loan is unsecured and will be repaid by Janaury 2026. Interest is charged at 4%

4Front Recruitment LimitedCompany under common controlLoan to 4Front Recruitment Limited of £15,690 (FY2023:£nil). This loan is unsecured and will be repaid by September 2025. Interest is charged at 8% per annum.

4Front Recruitment Limited

Company under common control

Loan to 4Front Recruitment Limited of £15,690 (FY2023:£nil). This loan is unsecured and will be repaid by September 2025. Interest is charged at 8% per annum.

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