Acorah Software Products - Accounts Production 16.1.300 false true false 2 August 2023 31 August 2024 31 August 2024 15045111 Mr Trevor McGrath iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15045111 2023-08-01 15045111 2024-08-31 15045111 2023-08-02 2024-08-31 15045111 frs-core:CurrentFinancialInstruments 2024-08-31 15045111 frs-core:ShareCapital 2024-08-31 15045111 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 15045111 frs-bus:PrivateLimitedCompanyLtd 2023-08-02 2024-08-31 15045111 frs-bus:FilletedAccounts 2023-08-02 2024-08-31 15045111 frs-bus:SmallEntities 2023-08-02 2024-08-31 15045111 frs-bus:AuditExempt-NoAccountantsReport 2023-08-02 2024-08-31 15045111 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-02 2024-08-31 15045111 frs-bus:Director1 2023-08-02 2024-08-31 15045111 frs-countries:EnglandWales 2023-08-02 2024-08-31
Registered number: 15045111
Mfh Development Ltd
Unaudited Financial Statements
For the Period 2 August 2023 to 31 August 2024
Montacs
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 15045111
31 August 2024
Notes £ £
CURRENT ASSETS
Stocks 4 148,576
Debtors 5 5,803
Cash at bank and in hand 730
155,109
Creditors: Amounts Falling Due Within One Year 6 (202,579 )
NET CURRENT ASSETS (LIABILITIES) (47,470 )
TOTAL ASSETS LESS CURRENT LIABILITIES (47,470 )
NET LIABILITIES (47,470 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (47,570 )
SHAREHOLDERS' FUNDS (47,470)
For the period ending 31 August 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 Trevor McGrath
Director
21/03/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Mfh Development Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15045111 . The registered office is Treetops, Station Road, Styal, SK7 5SA.
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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Stocks
31 August 2024
£
Work in progress 148,576
5. Debtors
31 August 2024
£
Due within one year
Other debtors 5,803
6. Creditors: Amounts Falling Due Within One Year
31 August 2024
£
Trade creditors 7,062
Bank loans and overdrafts 16,244
Other creditors 179,273
202,579
7. Share Capital
31 August 2024
£
Allotted, Called up and fully paid 100
Page 2