Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 04395325 Mr AMRITANSHU SRIVASTAVA Mrs STEPHANIE SRIVASTAVA Mrs STEPHANIE SRIVASTAVA iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04395325 2023-03-31 04395325 2024-03-31 04395325 2023-04-01 2024-03-31 04395325 frs-core:CurrentFinancialInstruments 2024-03-31 04395325 frs-core:PlantMachinery 2024-03-31 04395325 frs-core:PlantMachinery 2023-04-01 2024-03-31 04395325 frs-core:PlantMachinery 2023-03-31 04395325 frs-core:ShareCapital 2024-03-31 04395325 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04395325 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04395325 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 04395325 frs-bus:SmallEntities 2023-04-01 2024-03-31 04395325 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04395325 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04395325 frs-core:UnlistedNon-exchangeTraded 2024-03-31 04395325 frs-core:UnlistedNon-exchangeTraded 2023-03-31 04395325 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 04395325 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 04395325 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 04395325 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 04395325 frs-bus:Director1 2023-04-01 2024-03-31 04395325 frs-bus:Director2 2023-04-01 2024-03-31 04395325 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 04395325 frs-countries:EnglandWales 2023-04-01 2024-03-31 04395325 2022-03-31 04395325 2023-03-31 04395325 2022-04-01 2023-03-31 04395325 frs-core:CurrentFinancialInstruments 2023-03-31 04395325 frs-core:ShareCapital 2023-03-31 04395325 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 04395325
MRAS LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2024
Proaccounts UK
Unit M302, 89 Bickersteth Road
Tooting
LONDON
SW17 9SH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04395325
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,328 2,741
Investments 5 1,175 1,175
3,503 3,916
CURRENT ASSETS
Debtors 6 783 488
Cash at bank and in hand 12,961 32,617
13,744 33,105
Creditors: Amounts Falling Due Within One Year 7 (11,029 ) (11,728 )
NET CURRENT ASSETS (LIABILITIES) 2,715 21,377
TOTAL ASSETS LESS CURRENT LIABILITIES 6,218 25,293
NET ASSETS 6,218 25,293
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 6,018 25,093
SHAREHOLDERS' FUNDS 6,218 25,293
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 AMRITANSHU SRIVASTAVA
Director
15/01/2025
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
MRAS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04395325 . The registered office is 71 Pepys Road, London, SE14 5SE.
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:
Plant & Machinery 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 1 1
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 78,457
Additions 363
As at 31 March 2024 78,820
Depreciation
As at 1 April 2023 75,716
Provided during the period 776
As at 31 March 2024 76,492
Net Book Value
As at 31 March 2024 2,328
As at 1 April 2023 2,741
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 April 2023 1,175
As at 31 March 2024 1,175
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 1,175
As at 1 April 2023 1,175
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 783 488
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 421
Other taxes and social security - 245
Other creditors 1,029 1,062
Amounts owed to associates 10,000 10,000
11,029 11,728
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
9. Dividends
Page 4