Acorah Software Products - Accounts Production 16.2.850 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09671522 Ms Magdalena Adamska iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09671522 2023-07-31 09671522 2024-07-31 09671522 2023-08-01 2024-07-31 09671522 frs-core:CurrentFinancialInstruments 2024-07-31 09671522 frs-core:ComputerEquipment 2024-07-31 09671522 frs-core:ComputerEquipment 2023-08-01 2024-07-31 09671522 frs-core:ComputerEquipment 2023-07-31 09671522 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-01 2024-07-31 09671522 frs-core:OtherResidualIntangibleAssets 2024-07-31 09671522 frs-core:OtherResidualIntangibleAssets 2023-08-01 2024-07-31 09671522 frs-core:OtherResidualIntangibleAssets 2023-07-31 09671522 frs-core:ShareCapital 2024-07-31 09671522 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09671522 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09671522 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 09671522 frs-bus:SmallEntities 2023-08-01 2024-07-31 09671522 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09671522 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09671522 frs-bus:Director1 2023-08-01 2024-07-31 09671522 frs-countries:EnglandWales 2023-08-01 2024-07-31 09671522 2022-07-31 09671522 2023-07-31 09671522 2022-08-01 2023-07-31 09671522 frs-core:CurrentFinancialInstruments 2023-07-31 09671522 frs-core:ShareCapital 2023-07-31 09671522 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 09671522
May The First Limited
Financial Statements
For The Year Ended 31 July 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09671522
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 4,875 -
Tangible Assets 5 56 75
4,931 75
CURRENT ASSETS
Debtors 6 4,122 5,593
Cash at bank and in hand 8,831 22,074
12,953 27,667
Creditors: Amounts Falling Due Within One Year 7 (6,823 ) (11,551 )
NET CURRENT ASSETS (LIABILITIES) 6,130 16,116
TOTAL ASSETS LESS CURRENT LIABILITIES 11,061 16,191
NET ASSETS 11,061 16,191
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 10,961 16,091
SHAREHOLDERS' FUNDS 11,061 16,191
Page 1
Page 2
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 her 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
Ms Magdalena Adamska
Director
20 April 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
May The First Limited Registered number 09671522 is a limited by shares company incorporated in England & Wales. The Registered Office is CKR House, 70 East Hill, Dartford, DA1 1RZ.
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.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 stated at cost less depreciation. 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% reducing balance basis
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 August 2023 -
Additions 6,000
As at 31 July 2024 6,000
Amortisation
As at 1 August 2023 -
Provided during the period 1,125
As at 31 July 2024 1,125
Net Book Value
As at 31 July 2024 4,875
As at 1 August 2023 -
Page 3
Page 4
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2023 749
As at 31 July 2024 749
Depreciation
As at 1 August 2023 674
Provided during the period 19
As at 31 July 2024 693
Net Book Value
As at 31 July 2024 56
As at 1 August 2023 75
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,122 5,593
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 4,008 6,558
VAT 2,148 3,122
Accruals and deferred income 588 1,152
Director's loan account 79 719
6,823 11,551
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 27,200 46,000
Page 4