Acorah Software Products - Accounts Production 16.1.300 false true 28 February 2023 1 March 2022 false 1 March 2023 24 February 2024 24 February 2024 09984684 Mr Kalbinder Singh SRAI iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09984684 2023-02-28 09984684 2024-02-24 09984684 2023-03-01 2024-02-24 09984684 frs-core:CurrentFinancialInstruments 2024-02-24 09984684 frs-core:Non-currentFinancialInstruments 2024-02-24 09984684 frs-core:FurnitureFittings 2024-02-24 09984684 frs-core:FurnitureFittings 2023-03-01 2024-02-24 09984684 frs-core:FurnitureFittings 2023-02-28 09984684 frs-core:PlantMachinery 2024-02-24 09984684 frs-core:PlantMachinery 2023-03-01 2024-02-24 09984684 frs-core:PlantMachinery 2023-02-28 09984684 frs-core:ShareCapital 2024-02-24 09984684 frs-core:RetainedEarningsAccumulatedLosses 2024-02-24 09984684 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-24 09984684 frs-bus:FilletedAccounts 2023-03-01 2024-02-24 09984684 frs-bus:SmallEntities 2023-03-01 2024-02-24 09984684 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-24 09984684 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-24 09984684 frs-bus:Director1 2023-03-01 2024-02-24 09984684 frs-bus:Director1 2023-02-28 09984684 frs-bus:Director1 2024-02-24 09984684 frs-countries:EnglandWales 2023-03-01 2024-02-24 09984684 2022-02-28 09984684 2023-02-28 09984684 2022-03-01 2023-02-28 09984684 frs-core:CurrentFinancialInstruments 2023-02-28 09984684 frs-core:Non-currentFinancialInstruments 2023-02-28 09984684 frs-core:ShareCapital 2023-02-28 09984684 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 09984684
2 Man Home Delivery Limited
Unaudited Financial Statements
For The Year Ended 24 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09984684
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,094 20,965
20,094 20,965
CURRENT ASSETS
Debtors 5 2,340,868 2,158,662
Cash at bank and in hand 18,825 7,436
2,359,693 2,166,098
Creditors: Amounts Falling Due Within One Year 6 (3,336,052 ) (2,916,087 )
NET CURRENT ASSETS (LIABILITIES) (976,359 ) (749,989 )
TOTAL ASSETS LESS CURRENT LIABILITIES (956,265 ) (729,024 )
Creditors: Amounts Falling Due After More Than One Year 7 (1,498 ) (1,337 )
NET LIABILITIES (957,763 ) (730,361 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (957,764 ) (730,362 )
SHAREHOLDERS' FUNDS (957,763) (730,361)
Page 1
Page 2
For the year ending 24 February 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 Kalbinder Singh SRAI
Director
31st December 2024
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
2 Man Home Delivery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09984684 . The registered office is Office 1 Izabella House, 24-26 Regent Place, Birmingham, B1 3NJ.
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% Straight Line
Fixtures & Fittings 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 5)
9 5
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 March 2023 - 42,821 42,821
Additions 5,462 - 5,462
As at 24 February 2024 5,462 42,821 48,283
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 March 2023 - 21,856 21,856
Provided during the period 1,092 5,241 6,333
As at 24 February 2024 1,092 27,097 28,189
Net Book Value
As at 24 February 2024 4,370 15,724 20,094
As at 1 March 2023 - 20,965 20,965
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,804,461 1,690,505
Other debtors 536,407 468,157
2,340,868 2,158,662
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,603,317 2,762,996
Bank loans and overdrafts 152,617 -
Other creditors 9,386 5,886
Taxation and social security 570,732 147,205
3,336,052 2,916,087
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Taxation and social security 1,498 1,337
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4
Page 5
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 March 2023 Amounts advanced Amounts repaid Amounts written off As at 24 February 2024
£ £ £ £ £
Mr Kalbinder Singh SRAI 318,205 68,250 - - 386,456
The above loan is unsecured, interest free and repayable on demand.
Page 5