Acorah Software Products - Accounts Production 16.1.300 false true false 1 June 2023 30 June 2024 30 June 2024 14908702 Mrs Madega Isaacs Mr Mohammed Isaacs iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14908702 2023-05-31 14908702 2024-06-30 14908702 2023-06-01 2024-06-30 14908702 frs-core:CurrentFinancialInstruments 2024-06-30 14908702 frs-core:Non-currentFinancialInstruments 2024-06-30 14908702 frs-core:FurnitureFittings 2024-06-30 14908702 frs-core:FurnitureFittings 2023-06-01 2024-06-30 14908702 frs-core:FurnitureFittings 2023-05-31 14908702 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 14908702 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-06-30 14908702 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 14908702 frs-core:ShareCapital 2024-06-30 14908702 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14908702 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-06-30 14908702 frs-bus:FilletedAccounts 2023-06-01 2024-06-30 14908702 frs-bus:SmallEntities 2023-06-01 2024-06-30 14908702 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-06-30 14908702 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-06-30 14908702 frs-bus:Director1 2023-06-01 2024-06-30 14908702 frs-bus:Director2 2023-06-01 2024-06-30 14908702 frs-countries:EnglandWales 2023-06-01 2024-06-30
Registered number: 14908702
MMFI Investments Ltd
Unaudited Financial Statements
For the Period 1 June 2023 to 30 June 2024
Wilkinson Accounting Solutions Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14908702
30 June 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 437,788
437,788
CURRENT ASSETS
Debtors 5 18,537
Cash at bank and in hand 18,012
36,549
Creditors: Amounts Falling Due Within One Year 6 (194,193 )
NET CURRENT ASSETS (LIABILITIES) (157,644 )
TOTAL ASSETS LESS CURRENT LIABILITIES 280,144
Creditors: Amounts Falling Due After More Than One Year 7 (283,930 )
NET LIABILITIES (3,786 )
CAPITAL AND RESERVES
Called up share capital 8 2
Profit and Loss Account (3,788 )
SHAREHOLDERS' FUNDS (3,786)
Page 1
Page 2
For the period 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 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 Mohammed Isaacs
Director
27/02/2025
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
MMFI Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14908702 . The registered office is Stuart House, St John's Street, Peterborough, Cambridgeshire, PE1 5DD.
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:
Freehold No depreciation policy
Fixtures & Fittings No depreciation policy
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 June 2023 - - -
Additions 437,688 100 437,788
As at 30 June 2024 437,688 100 437,788
Net Book Value
As at 30 June 2024 437,688 100 437,788
As at 1 June 2023 - - -
5. Debtors
30 June 2024
£
Due within one year
Other debtors 18,537
6. Creditors: Amounts Falling Due Within One Year
30 June 2024
£
Trade creditors 1,199
Amounts owed to group undertakings 192,994
194,193
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
30 June 2024
£
Bank loans 283,930
8. Share Capital
30 June 2024
£
Allotted, Called up and fully paid 2
Page 4