Acorah Software Products - Accounts Production 16.1.300 false true false 3 July 2023 31 July 2024 31 July 2024 14977973 Mr Mukit AHMED Mr Shahamul Hoque CHOUDHURY Mr Nahid Farjan HUSSAIN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14977973 2023-07-02 14977973 2024-07-31 14977973 2023-07-03 2024-07-31 14977973 frs-core:CurrentFinancialInstruments 2024-07-31 14977973 frs-core:Non-currentFinancialInstruments 2024-07-31 14977973 frs-core:ComputerEquipment 2024-07-31 14977973 frs-core:ComputerEquipment 2023-07-03 2024-07-31 14977973 frs-core:ComputerEquipment 2023-07-02 14977973 frs-core:ShareCapital 2024-07-31 14977973 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 14977973 frs-bus:PrivateLimitedCompanyLtd 2023-07-03 2024-07-31 14977973 frs-bus:FilletedAccounts 2023-07-03 2024-07-31 14977973 frs-bus:SmallEntities 2023-07-03 2024-07-31 14977973 frs-bus:AuditExempt-NoAccountantsReport 2023-07-03 2024-07-31 14977973 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-03 2024-07-31 14977973 frs-bus:Director1 2023-07-03 2024-07-31 14977973 frs-bus:Director2 2023-07-03 2024-07-31 14977973 frs-bus:Director3 2023-07-03 2024-07-31 14977973 frs-countries:EnglandWales 2023-07-03 2024-07-31
Registered number: 14977973
MSN INVESTMENTS LTD
Unaudited Financial Statements
For the Period 3 July 2023 to 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14977973
31 July 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,750
Investment Properties 5 592,759
594,509
CURRENT ASSETS
Cash at bank and in hand 4,164
4,164
Creditors: Amounts Falling Due Within One Year 6 (243,992 )
NET CURRENT ASSETS (LIABILITIES) (239,828 )
TOTAL ASSETS LESS CURRENT LIABILITIES 354,681
Creditors: Amounts Falling Due After More Than One Year 7 (367,264 )
NET LIABILITIES (12,583 )
CAPITAL AND RESERVES
Called up share capital 8 3
Profit and Loss Account (12,586 )
SHAREHOLDERS' FUNDS (12,583)
Page 1
Page 2
For the period 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 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 Mukit AHMED
Director
Mr Shahamul Hoque CHOUDHURY
Director
Mr Nahid Farjan HUSSAIN
Director
24/03/2025
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
MSN INVESTMENTS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14977973 . The registered office is 184 Chestnut Avenue,, Eastleigh,, SO50 5BX.
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:
Computer Equipment 25% SLM
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Tangible Assets
Computer Equipment
£
Cost
As at 3 July 2023 -
Additions 2,000
As at 31 July 2024 2,000
Depreciation
As at 3 July 2023 -
Provided during the period 250
As at 31 July 2024 250
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 July 2024 1,750
As at 3 July 2023 -
5. Investment Property
31 July 2024
£
Fair Value
As at 3 July 2023 -
Additions 592,759
As at 31 July 2024 592,759
6. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Bank loans and overdrafts 37,532
Other creditors 206,460
243,992
7. Creditors: Amounts Falling Due After More Than One Year
31 July 2024
£
Bank loans 367,264
8. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 3
9. Related Party Transactions
At the end of the year, amount owed to Director by the company was £206,025. This is interest free loan to company and included under creditors falling due within one year.
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