Acorah Software Products - Accounts Production 16.1.300 false true false 1 July 2023 30 June 2024 30 June 2024 10241506 Mr QAISER RASHID iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10241506 2023-06-30 10241506 2024-06-30 10241506 2023-07-01 2024-06-30 10241506 frs-core:CurrentFinancialInstruments 2024-06-30 10241506 frs-core:Non-currentFinancialInstruments 2024-06-30 10241506 frs-core:ComputerEquipment 2024-06-30 10241506 frs-core:ComputerEquipment 2023-07-01 2024-06-30 10241506 frs-core:ComputerEquipment 2023-06-30 10241506 frs-core:FurnitureFittings 2024-06-30 10241506 frs-core:FurnitureFittings 2023-07-01 2024-06-30 10241506 frs-core:FurnitureFittings 2023-06-30 10241506 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 10241506 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10241506 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 10241506 frs-core:MotorVehicles 2024-06-30 10241506 frs-core:MotorVehicles 2023-07-01 2024-06-30 10241506 frs-core:MotorVehicles 2023-06-30 10241506 frs-core:ShareCapital 2024-06-30 10241506 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10241506 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10241506 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10241506 frs-bus:SmallEntities 2023-07-01 2024-06-30 10241506 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10241506 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10241506 frs-bus:Director1 2023-07-01 2024-06-30 10241506 frs-countries:EnglandWales 2023-07-01 2024-06-30
Registered number: 10241506
MAR PROPERTY SERVICES (UK) LIMITED
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10241506
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 319,374
319,374
CURRENT ASSETS
Debtors 5 88,667
Cash at bank and in hand 17,632
106,299
Creditors: Amounts Falling Due Within One Year 6 (467,143 )
NET CURRENT ASSETS (LIABILITIES) (360,844 )
TOTAL ASSETS LESS CURRENT LIABILITIES (41,470 )
Creditors: Amounts Falling Due After More Than One Year 7 (31,823 )
NET LIABILITIES (73,293 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (73,393 )
SHAREHOLDERS' FUNDS (73,293)
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 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 QAISER RASHID
Director
07/03/2025
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
MAR PROPERTY SERVICES (UK) LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10241506 . The registered office is 44 BYRON ROAD, SOUTH CROYDON, LONDON, CR2 8DY.
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:
Freehold 234007
Motor Vehicles 79219
Fixtures & Fittings 864
Computer Equipment 1458
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2
2
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 234,007 79,219 3,500 1,458 318,184
Additions - - - 1,190 1,190
As at 30 June 2024 234,007 79,219 3,500 2,648 319,374
Net Book Value
As at 30 June 2024 234,007 79,219 3,500 2,648 319,374
As at 1 July 2023 234,007 79,219 3,500 1,458 318,184
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Page 4
5. Debtors
2024
£
Due within one year
Trade debtors 7,319
Other debtors 65,000
VAT 16,348
88,667
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 46,151
Corporation tax 964
Other taxes and social security 706
Net wages 33,765
Director's loan account 385,557
467,143
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Bank loans 31,823
8. Share Capital
2024
£
Allotted, Called up and fully paid 100
Page 4