Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10453993 Mrs Michelle Adams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10453993 2023-09-30 10453993 2024-09-30 10453993 2023-10-01 2024-09-30 10453993 frs-core:CurrentFinancialInstruments 2024-09-30 10453993 frs-core:Non-currentFinancialInstruments 2024-09-30 10453993 frs-core:ShareCapital 2024-09-30 10453993 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10453993 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10453993 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10453993 frs-bus:SmallEntities 2023-10-01 2024-09-30 10453993 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10453993 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10453993 frs-bus:Director1 2023-10-01 2024-09-30 10453993 frs-countries:EnglandWales 2023-10-01 2024-09-30 10453993 2022-09-30 10453993 2023-09-30 10453993 2022-10-01 2023-09-30 10453993 frs-core:CurrentFinancialInstruments 2023-09-30 10453993 frs-core:Non-currentFinancialInstruments 2023-09-30 10453993 frs-core:ShareCapital 2023-09-30 10453993 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10453993
Mayplace Properties Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Adams Accountancy
Chartered Accountants
Heritage House, 34b North Cray Road
Bexley
Kent
DA5 3LZ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10453993
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 - 4,247
Cash at bank and in hand 645 1,005
645 5,252
Creditors: Amounts Falling Due Within One Year 5 (431 ) (3,371 )
NET CURRENT ASSETS (LIABILITIES) 214 1,881
TOTAL ASSETS LESS CURRENT LIABILITIES 214 1,881
Creditors: Amounts Falling Due After More Than One Year 6 - (1,440 )
NET ASSETS 214 441
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 212 439
SHAREHOLDERS' FUNDS 214 441
For the year ending 30 September 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
Mrs Michelle Adams
Director
29/04/2025
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
Mayplace Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10453993 . The registered office is 4 Old Barn Way, Barnehurst, Kent, DA7 6EP.
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. Significant judgements and estimations
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported.  These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
2.3. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.  Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest or a similar debt instrument.  Debt instruments are subsequently measured at amortised cost.  Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss.  All other such investments are subsequently measured at cost less impairment.  Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.  Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date.  If there I objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.  For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assed individually for impairment.  Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.  Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
3. Average Number of Employees
Average number of employees during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors - 4,247
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 388 3,371
Other creditors 43 -
431 3,371
Page 2
Page 3
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 1,440
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
8. Related Party Transactions
At 30th September 2024 the company owed £43 (2023: was owed £4,247) by a company under common control. This loan is interest free and repayable on demand
Page 3