Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 11517292 J P Morris iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11517292 2023-08-31 11517292 2024-08-31 11517292 2023-09-01 2024-08-31 11517292 frs-core:CurrentFinancialInstruments 2024-08-31 11517292 frs-core:Non-currentFinancialInstruments 2024-08-31 11517292 frs-core:ComputerEquipment 2024-08-31 11517292 frs-core:ComputerEquipment 2023-09-01 2024-08-31 11517292 frs-core:ComputerEquipment 2023-08-31 11517292 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-01 2024-08-31 11517292 frs-core:FurnitureFittings 2024-08-31 11517292 frs-core:FurnitureFittings 2023-09-01 2024-08-31 11517292 frs-core:FurnitureFittings 2023-08-31 11517292 frs-core:NetGoodwill 2024-08-31 11517292 frs-core:NetGoodwill 2023-09-01 2024-08-31 11517292 frs-core:NetGoodwill 2023-08-31 11517292 frs-core:OtherResidualIntangibleAssets 2024-08-31 11517292 frs-core:OtherResidualIntangibleAssets 2023-09-01 2024-08-31 11517292 frs-core:OtherResidualIntangibleAssets 2023-08-31 11517292 frs-core:ShareCapital 2024-08-31 11517292 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11517292 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11517292 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11517292 frs-bus:SmallEntities 2023-09-01 2024-08-31 11517292 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11517292 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11517292 frs-bus:Director1 2023-09-01 2024-08-31 11517292 frs-core:CurrentFinancialInstruments 2 2024-08-31 11517292 frs-countries:EnglandWales 2023-09-01 2024-08-31 11517292 2022-08-31 11517292 2023-08-31 11517292 2022-09-01 2023-08-31 11517292 frs-core:CurrentFinancialInstruments 2023-08-31 11517292 frs-core:Non-currentFinancialInstruments 2023-08-31 11517292 frs-core:ShareCapital 2023-08-31 11517292 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 11517292 frs-core:CurrentFinancialInstruments 1 2023-08-31 11517292 frs-core:CurrentFinancialInstruments 2 2023-08-31
Registered number: 11517292
MJMorris Leisure Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
The Boss Partnership
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11517292
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 40,375 49,875
Tangible Assets 5 9,326 11,657
49,701 61,532
CURRENT ASSETS
Stocks 6 17,219 16,520
Debtors 7 19,285 18,665
Cash at bank and in hand 9,832 3,784
46,336 38,969
Creditors: Amounts Falling Due Within One Year 8 (223,001 ) (217,467 )
NET CURRENT ASSETS (LIABILITIES) (176,665 ) (178,498 )
TOTAL ASSETS LESS CURRENT LIABILITIES (126,964 ) (116,966 )
Creditors: Amounts Falling Due After More Than One Year 9 (11,894 ) (17,442 )
NET LIABILITIES (138,858 ) (134,408 )
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account (138,860 ) (134,410 )
SHAREHOLDERS' FUNDS (138,858) (134,408)
Page 1
Page 2
For the year 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
J P Morris
Director
24/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
MJMorris Leisure Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11517292 . The registered office is 19 High Street, Sutton Coldfield, B72 1XS.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.5. 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:
Fixtures & Fittings 20&% Straight Line
Computer Equipment 33% Straight Line
2.6. 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 12)
12 12
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 September 2023 45,000 50,000 95,000
As at 31 August 2024 45,000 50,000 95,000
Amortisation
As at 1 September 2023 21,375 23,750 45,125
Provided during the period 4,500 5,000 9,500
As at 31 August 2024 25,875 28,750 54,625
Net Book Value
As at 31 August 2024 19,125 21,250 40,375
As at 1 September 2023 23,625 26,250 49,875
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 32,044 429 32,473
As at 31 August 2024 32,044 429 32,473
Depreciation
As at 1 September 2023 20,387 429 20,816
Provided during the period 2,331 - 2,331
As at 31 August 2024 22,718 429 23,147
Net Book Value
As at 31 August 2024 9,326 - 9,326
As at 1 September 2023 11,657 - 11,657
6. Stocks
2024 2023
£ £
Materials 17,219 16,520
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 14,537 14,016
Net wages 232 133
Director's loan account 4,516 4,516
19,285 18,665
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 37,441
Bank loans and overdrafts 31,017 30,596
Other loans - YouLend 31,223 -
Other taxes and social security 2,968 113
VAT 12,191 2,504
Pensions Control - 103
M Morris loan 144,000 144,000
Accruals and deferred income 1,602 2,710
223,001 217,467
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 11,894 17,442
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 5