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 11364180 Mr Nuno Tarrana De Sousa Mr Mike Simonelli iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11364180 2023-05-31 11364180 2024-05-31 11364180 2023-06-01 2024-05-31 11364180 frs-core:CurrentFinancialInstruments 2024-05-31 11364180 frs-core:ComputerEquipment 2023-06-01 2024-05-31 11364180 frs-core:PlantMachinery 2024-05-31 11364180 frs-core:PlantMachinery 2023-06-01 2024-05-31 11364180 frs-core:PlantMachinery 2023-05-31 11364180 frs-core:ShareCapital 2024-05-31 11364180 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11364180 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11364180 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 11364180 frs-bus:SmallEntities 2023-06-01 2024-05-31 11364180 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11364180 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11364180 frs-core:ListedExchangeTraded 2024-05-31 11364180 frs-core:ListedExchangeTraded 2023-05-31 11364180 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-05-31 11364180 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-05-31 11364180 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-05-31 11364180 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-05-31 11364180 frs-bus:Director1 2023-06-01 2024-05-31 11364180 frs-bus:Director2 2023-06-01 2024-05-31 11364180 frs-countries:EnglandWales 2023-06-01 2024-05-31 11364180 2022-05-31 11364180 2023-05-31 11364180 2022-06-01 2023-05-31 11364180 frs-core:CurrentFinancialInstruments 2023-05-31 11364180 frs-core:ShareCapital 2023-05-31 11364180 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 11364180
Mike Simonelli Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Churchill Knight & Associates LTD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11364180
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,679
Investments 5 852 852
852 2,531
CURRENT ASSETS
Debtors 6 22,214 22,214
Cash at bank and in hand 5 238
22,219 22,452
Creditors: Amounts Falling Due Within One Year 7 (344,259 ) (344,013 )
NET CURRENT ASSETS (LIABILITIES) (322,040 ) (321,561 )
TOTAL ASSETS LESS CURRENT LIABILITIES (321,188 ) (319,030 )
NET LIABILITIES (321,188 ) (319,030 )
CAPITAL AND RESERVES
Called up share capital 8 120 120
Profit and Loss Account (321,308 ) (319,150 )
SHAREHOLDERS' FUNDS (321,188) (319,030)
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 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 Nuno Tarrana De Sousa
Director
26/02/2025
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
Mike Simonelli Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11364180 . The registered office is 20 Theseus Walk, London, N1 8DS.
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. 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:
Computer Equipment 33.33%
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 2)
- 2
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 June 2023 12,878
As at 31 May 2024 12,878
Depreciation
As at 1 June 2023 11,199
Provided during the period 1,679
As at 31 May 2024 12,878
Net Book Value
As at 31 May 2024 -
As at 1 June 2023 1,679
5. Investments
Listed
£
Cost
As at 1 June 2023 852
As at 31 May 2024 852
Provision
As at 1 June 2023 -
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 852
As at 1 June 2023 852
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Due after more than one year
Amounts owed by group undertakings 22,214 22,214
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,039 1,038
Other creditors 343,220 342,975
344,259 344,013
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 120 120
Page 4