Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 14097845 Mr J L Van Mierlo false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14097845 2023-05-31 14097845 2024-05-31 14097845 2023-06-01 2024-05-31 14097845 frs-core:CurrentFinancialInstruments 2024-05-31 14097845 frs-core:ShareCapital 2024-05-31 14097845 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14097845 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14097845 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 14097845 frs-bus:SmallEntities 2023-06-01 2024-05-31 14097845 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14097845 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14097845 1 2023-06-01 2024-05-31 14097845 frs-bus:Director1 2023-06-01 2024-05-31 14097845 frs-countries:EnglandWales 2023-06-01 2024-05-31 14097845 2022-05-31 14097845 2023-05-31 14097845 2022-06-01 2023-05-31 14097845 frs-core:CurrentFinancialInstruments 2023-05-31 14097845 frs-core:ShareCapital 2023-05-31 14097845 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 14097845
Mierlo Media Ltd
Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14097845
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 8,387 7,282
Cash at bank and in hand 166 1,207
8,553 8,489
Creditors: Amounts Falling Due Within One Year 5 (8,466 ) (10,164 )
NET CURRENT ASSETS (LIABILITIES) 87 (1,675 )
TOTAL ASSETS LESS CURRENT LIABILITIES 87 (1,675 )
NET ASSETS/(LIABILITIES) 87 (1,675 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 86 (1,676 )
SHAREHOLDERS' FUNDS 87 (1,675)
Page 1
Page 2
For the year ending 31 May 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 J L Van Mierlo
Director
7 February 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
Mierlo Media Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14097845 . The registered office is 1 Haywards Heath Road, Balcombe, West Sussex, RH17 6NG.
The company's principal activity continues to be that of journalism.
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.
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. 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.
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.
2.4. Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 3
Page 4
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,351 6,739
Other debtors 4,036 543
8,387 7,282
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 1,954 2,113
Taxation and social security 6,512 8,051
8,466 10,164
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Directors Advances, Credits and Guarantees
Included in other debtors due within one year is a loan to the director, Mr J Van Mierlo, amounting to £8,036 (2023 - £543).
8. Controlling Parties
The company's controlling party is its director, Mr J Van Mierlo, by virtue of their interest in the share capital of the company.
Page 4