Acorah Software Products - Accounts Production 16.2.800 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 06650993 Mr Alex Mungo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06650993 2023-07-31 06650993 2024-07-31 06650993 2023-08-01 2024-07-31 06650993 frs-core:CurrentFinancialInstruments 2024-07-31 06650993 frs-core:ComputerEquipment 2024-07-31 06650993 frs-core:ComputerEquipment 2023-08-01 2024-07-31 06650993 frs-core:ComputerEquipment 2023-07-31 06650993 frs-core:ShareCapital 2024-07-31 06650993 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 06650993 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 06650993 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 06650993 frs-bus:SmallEntities 2023-08-01 2024-07-31 06650993 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 06650993 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 06650993 frs-bus:Director1 2023-08-01 2024-07-31 06650993 frs-bus:Director1 2023-07-31 06650993 frs-bus:Director1 2024-07-31 06650993 frs-countries:EnglandWales 2023-08-01 2024-07-31 06650993 2022-07-31 06650993 2023-07-31 06650993 2022-08-01 2023-07-31 06650993 frs-core:CurrentFinancialInstruments 2023-07-31 06650993 frs-core:ShareCapital 2023-07-31 06650993 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 06650993
GO MUNGO SEO LIMITED
Unaudited Financial Statements
For The Year Ended 31 July 2024
Edmonds Accountancy
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06650993
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 4,306 10,489
Cash at bank and in hand 1,106 1,102
5,412 11,591
Creditors: Amounts Falling Due Within One Year 6 (5,639 ) (6,540 )
NET CURRENT ASSETS (LIABILITIES) (227 ) 5,051
TOTAL ASSETS LESS CURRENT LIABILITIES (227 ) 5,051
NET (LIABILITIES)/ASSETS (227 ) 5,051
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (228 ) 5,050
SHAREHOLDERS' FUNDS (227) 5,051
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 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
Mr Alex Mungo
Director
24/02/2025
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
GO MUNGO SEO LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 06650993 . The registered office is 46b Queen's Head Street, London, N1 8NG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial
Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small
Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.
Revenue is recognised for the provision of services as the contractual activity progresses.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer Equipment 33% on cost
2.4. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the statement of financial position date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2023 750
As at 31 July 2024 750
Depreciation
As at 1 August 2023 750
As at 31 July 2024 750
Net Book Value
As at 31 July 2024 -
As at 1 August 2023 -
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 4,306 10,489
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 1,951 1,951
Taxation and social security 3,688 4,589
5,639 6,540
7. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Alex Mungo 9,569 26,100 (10,526 ) - 4,143
The above loan is unsecured, interest free and repayable on demand.
Page 3