Acorah Software Products - Accounts Production 16.1.300 false true true 30 June 2023 1 January 2022 false 1 July 2023 30 June 2024 30 June 2024 07888525 Ms Claire Gibson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07888525 2023-06-30 07888525 2024-06-30 07888525 2023-07-01 2024-06-30 07888525 frs-core:CurrentFinancialInstruments 2024-06-30 07888525 frs-core:Non-currentFinancialInstruments 2024-06-30 07888525 frs-core:ComputerEquipment 2024-06-30 07888525 frs-core:ComputerEquipment 2023-07-01 2024-06-30 07888525 frs-core:ComputerEquipment 2023-06-30 07888525 frs-core:MotorVehicles 2023-07-01 2024-06-30 07888525 frs-core:ShareCapital 2024-06-30 07888525 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 07888525 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07888525 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 07888525 frs-bus:SmallEntities 2023-07-01 2024-06-30 07888525 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07888525 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 07888525 frs-bus:Director1 2023-07-01 2024-06-30 07888525 frs-bus:Director1 2023-06-30 07888525 frs-bus:Director1 2024-06-30 07888525 frs-countries:EnglandWales 2023-07-01 2024-06-30 07888525 2021-12-31 07888525 2023-06-30 07888525 2022-01-01 2023-06-30 07888525 frs-core:CurrentFinancialInstruments 2023-06-30 07888525 frs-core:Non-currentFinancialInstruments 2023-06-30 07888525 frs-core:ShareCapital 2023-06-30 07888525 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 07888525
The Merchandising Company (TMC) Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Chatsworth FD Ltd
Chartered Accountants
93 Beaumont Road
Petts Wood
Orpington
BR5 1JH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07888525
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 1,869 29,305
Cash at bank and in hand 25,081 9,615
26,950 38,920
Creditors: Amounts Falling Due Within One Year 6 (9,550 ) (6,355 )
NET CURRENT ASSETS (LIABILITIES) 17,400 32,565
TOTAL ASSETS LESS CURRENT LIABILITIES 17,400 32,565
Creditors: Amounts Falling Due After More Than One Year 7 (34,938 ) (40,263 )
NET LIABILITIES (17,538 ) (7,698 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (17,539 ) (7,699 )
SHAREHOLDERS' FUNDS (17,538) (7,698)
Page 1
Page 2
For the year 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Claire Gibson
Director
06/03/2025
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
The Merchandising Company (TMC) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07888525 . The registered office is 28 Woodsome Road, London, NW5 1RY.
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. Going Concern Disclosure
The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern and she has undertaken to provide financial support so that the company can settle its financial liabilities as they fall due.
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:
Motor Vehicles 25% straight line
Computer Equipment 25% straight line
2.4. Comparatives
Please note that the comparatives shown in the Profit & Loss account are for a long period of account of 18 months.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 July 2023 12,356
Disposals (12,356 )
As at 30 June 2024 -
Depreciation
As at 1 July 2023 12,356
Disposals (12,356 )
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
Page 3
Page 4
5. Debtors
30 June 2024 30 June 2023
£ £
Due within one year
Other debtors - 2,527
Corporation tax recoverable assets 1,869 -
Director's loan account - 25,392
Amounts owed by other participating interests - 1,386
1,869 29,305
6. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Trade creditors - 423
Bank loans and overdrafts 5,658 5,382
Other taxes and social security 53 467
Other creditors - 83
Director's loan account 3,081 -
Amounts owed to other participating interests 758 -
9,550 6,355
7. Creditors: Amounts Falling Due After More Than One Year
30 June 2024 30 June 2023
£ £
Bank loans 34,938 40,263
8. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 30 June 2024
£ £ £ £ £
Ms Claire Gibson 25,392 - 28,473 - (3,081 )
The above loan is unsecured, interest free and repayable on demand.
Page 4