Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 21 June 2022 false 1 August 2023 31 July 2024 31 July 2024 14187269 Mr Michael Colcombe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14187269 2023-07-31 14187269 2024-07-31 14187269 2023-08-01 2024-07-31 14187269 frs-core:CurrentFinancialInstruments 2024-07-31 14187269 frs-core:ShareCapital 2024-07-31 14187269 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 14187269 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 14187269 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 14187269 frs-bus:SmallEntities 2023-08-01 2024-07-31 14187269 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 14187269 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 14187269 frs-bus:Director1 2023-08-01 2024-07-31 14187269 frs-countries:EnglandWales 2023-08-01 2024-07-31 14187269 2022-06-20 14187269 2023-07-31 14187269 2022-06-21 2023-07-31 14187269 frs-core:CurrentFinancialInstruments 2023-07-31 14187269 frs-core:ShareCapital 2023-07-31 14187269 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 14187269
M&M Beverages Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
N T Ellis Chartered Accountants
2 Risca Road
Newport
NP20 4JW
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14187269
31 July 2024 31 July 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 5,672 1,087
Debtors 5 2,176 -
Cash at bank and in hand 150 1,335
7,998 2,422
Creditors: Amounts Falling Due Within One Year 6 (23,032 ) (7,916 )
NET CURRENT ASSETS (LIABILITIES) (15,034 ) (5,494 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15,034 ) (5,494 )
NET LIABILITIES (15,034 ) (5,494 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (15,134 ) (5,594 )
SHAREHOLDERS' FUNDS (15,034) (5,494)
For the year ending 31 July 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 Michael Colcombe
Director
21/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
M&M Beverages Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14187269 . The registered office is 24 Lysaght Gardens, Newport, NP19 4AT.
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. 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.
2.3. 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 year was: 1 (2023: NIL)
1 -
4. Stocks
31 July 2024 31 July 2023
£ £
Finished goods 5,672 1,087
5. Debtors
31 July 2024 31 July 2023
£ £
Due within one year
Trade debtors 1,595 -
Other debtors 581 -
2,176 -
6. Creditors: Amounts Falling Due Within One Year
31 July 2024 31 July 2023
£ £
Trade creditors 4,090 856
Bank loans and overdrafts 825 -
Amounts owed to group undertakings 3,565 6,295
Other creditors 14,552 200
Taxation and social security - 565
23,032 7,916
Page 2
Page 3
7. Share Capital
31 July 2024 31 July 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3