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 13422398 Mr Malik Alfaiaz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13422398 2023-05-31 13422398 2024-05-31 13422398 2023-06-01 2024-05-31 13422398 frs-core:CurrentFinancialInstruments 2024-05-31 13422398 frs-core:Non-currentFinancialInstruments 2024-05-31 13422398 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 13422398 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 13422398 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 13422398 frs-core:ShareCapital 2024-05-31 13422398 frs-core:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 13422398 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 13422398 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13422398 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 13422398 frs-bus:SmallEntities 2023-06-01 2024-05-31 13422398 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13422398 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13422398 frs-bus:Director1 2023-06-01 2024-05-31 13422398 frs-countries:EnglandWales 2023-06-01 2024-05-31 13422398 2022-05-31 13422398 2023-05-31 13422398 2022-06-01 2023-05-31 13422398 frs-core:CurrentFinancialInstruments 2023-05-31 13422398 frs-core:Non-currentFinancialInstruments 2023-05-31 13422398 frs-core:ShareCapital 2022-05-31 13422398 frs-core:ShareCapital 2023-05-31 13422398 frs-core:RetainedEarningsAccumulatedLosses 2022-06-01 2023-05-31 13422398 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-05-31 13422398 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 13422398
MH SKY PROPERTIES LTD
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—5
Page 1
Balance Sheet
Registered number: 13422398
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 291,570 291,570
291,570 291,570
CURRENT ASSETS
Cash at bank and in hand 7,152 3,275
7,152 3,275
Creditors: Amounts Falling Due Within One Year 5 (1,247 ) (735 )
NET CURRENT ASSETS (LIABILITIES) 5,905 2,540
TOTAL ASSETS LESS CURRENT LIABILITIES 297,475 294,110
Creditors: Amounts Falling Due After More Than One Year 6 (301,698 ) (301,698 )
NET LIABILITIES (4,223 ) (7,588 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (4,323 ) (7,688 )
SHAREHOLDERS' FUNDS (4,223) (7,588)
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 Malik Alfaiaz
Director
23/02/2025
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 June 2022 100 (180 ) (80)
Loss for the year and total comprehensive income - (7,508 ) (7,508)
As at 31 May 2023 and 1 June 2023 100 (7,688 ) (7,588)
Profit for the year and total comprehensive income - 3,365 3,365
As at 31 May 2024 100 (4,323 ) (4,223)
Page 3
Page 4
Notes to the Financial Statements
1. General Information
MH SKY PROPERTIES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13422398 . The registered office is Flat 22 Sherborne Court, 180-186 Cromwell Road, lONDON, SW5 0SS.
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. Turnover includes revenue earned from the property rental received.
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:
Leasehold 0% method
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 June 2023 291,570
As at 31 May 2024 291,570
Net Book Value
As at 31 May 2024 291,570
As at 1 June 2023 291,570
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,247 735
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 202,000 202,000
Directors loan account 99,698 99,698
301,698 301,698
Page 4
Page 5
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5