Acorah Software Products - Accounts Production 16.2.850 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 13277376 Mr Hoi Yung Ms Wai Wah Leung Ms Wai Fan Louisa Leong Ms Chi Cheung Ms Chi Cheung Mr Hoi Yung false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13277376 2023-08-31 13277376 2024-08-31 13277376 2023-09-01 2024-08-31 13277376 frs-core:CurrentFinancialInstruments 2024-08-31 13277376 frs-core:ComputerEquipment 2024-08-31 13277376 frs-core:ComputerEquipment 2023-09-01 2024-08-31 13277376 frs-core:ComputerEquipment 2023-08-31 13277376 frs-core:FurnitureFittings 2024-08-31 13277376 frs-core:FurnitureFittings 2023-09-01 2024-08-31 13277376 frs-core:FurnitureFittings 2023-08-31 13277376 frs-core:PlantMachinery 2024-08-31 13277376 frs-core:PlantMachinery 2023-09-01 2024-08-31 13277376 frs-core:PlantMachinery 2023-08-31 13277376 frs-core:ShareCapital 2024-08-31 13277376 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 13277376 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13277376 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 13277376 frs-bus:SmallEntities 2023-09-01 2024-08-31 13277376 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 13277376 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 13277376 1 2023-09-01 2024-08-31 13277376 frs-bus:Director1 2023-09-01 2024-08-31 13277376 frs-bus:Director2 2023-09-01 2024-08-31 13277376 frs-bus:Director3 2023-09-01 2024-08-31 13277376 frs-bus:Director4 2023-09-01 2024-08-31 13277376 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 13277376 frs-countries:EnglandWales 2023-09-01 2024-08-31 13277376 2022-08-31 13277376 2023-08-31 13277376 2022-09-01 2023-08-31 13277376 frs-core:CurrentFinancialInstruments 2023-08-31 13277376 frs-core:ShareCapital 2023-08-31 13277376 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 13277376
Me Sensing Limited
Financial Statements
For The Year Ended 31 August 2024
Simply Accounts
1 Queen's Park Road
Handbridge
Chester
Cheshire
CH4 7AD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13277376
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,811 3,933
2,811 3,933
CURRENT ASSETS
Debtors 5 439 316
Cash at bank and in hand 13,702 3,467
14,141 3,783
Creditors: Amounts Falling Due Within One Year 6 (27,300 ) (22,825 )
NET CURRENT ASSETS (LIABILITIES) (13,159 ) (19,042 )
TOTAL ASSETS LESS CURRENT LIABILITIES (10,348 ) (15,109 )
NET LIABILITIES (10,348 ) (15,109 )
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account (11,348 ) (16,109 )
SHAREHOLDERS' FUNDS (10,348) (15,109)
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 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 Hoi Yung
Director
15/04/2025
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
Me Sensing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13277376 . The registered office is Suite 2, Bank Farm Buildings, Chester, Cheshire, CH3 6HJ.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.
2.3. 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.
2.4. 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
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 33% Straight Line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 1,527 2,800 909 5,236
As at 31 August 2024 1,527 2,800 909 5,236
Depreciation
As at 1 September 2023 235 805 263 1,303
Provided during the period 323 499 300 1,122
As at 31 August 2024 558 1,304 563 2,425
Net Book Value
As at 31 August 2024 969 1,496 346 2,811
As at 1 September 2023 1,292 1,995 646 3,933
5. Debtors
2024 2023
£ £
Due within one year
VAT 439 316
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 846 -
Bank loans and overdrafts - 6,064
Directors' loan accounts 26,454 16,761
27,300 22,825
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
8. Controlling Party
The company's controlling party is Mr Hoi Yung by virtue of his ownership of 40% of the issued share capital in the company.
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