Acorah Software Products - Accounts Production 16.3.350 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 13930868 Mrs Louise Brown Mr Mark Scott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13930868 2024-02-29 13930868 2025-02-28 13930868 2024-03-01 2025-02-28 13930868 frs-core:CurrentFinancialInstruments 2025-02-28 13930868 frs-core:Non-currentFinancialInstruments 2025-02-28 13930868 frs-core:ComputerEquipment 2025-02-28 13930868 frs-core:ComputerEquipment 2024-03-01 2025-02-28 13930868 frs-core:ComputerEquipment 2024-02-29 13930868 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 13930868 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 13930868 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 13930868 frs-core:ShareCapital 2025-02-28 13930868 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 13930868 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 13930868 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 13930868 frs-bus:SmallEntities 2024-03-01 2025-02-28 13930868 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 13930868 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 13930868 frs-bus:Director1 2024-03-01 2025-02-28 13930868 frs-bus:Director2 2024-03-01 2025-02-28 13930868 frs-countries:EnglandWales 2024-03-01 2025-02-28 13930868 2023-02-28 13930868 2024-02-29 13930868 2023-03-01 2024-02-29 13930868 frs-core:CurrentFinancialInstruments 2024-02-29 13930868 frs-core:Non-currentFinancialInstruments 2024-02-29 13930868 frs-core:ShareCapital 2024-02-29 13930868 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 13930868
Mi Kas Lu Casa Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13930868
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 799,989 797,270
799,989 797,270
CURRENT ASSETS
Cash at bank and in hand 1,940 1,880
1,940 1,880
Creditors: Amounts Falling Due Within One Year 5 (290,495 ) (284,320 )
NET CURRENT ASSETS (LIABILITIES) (288,555 ) (282,440 )
TOTAL ASSETS LESS CURRENT LIABILITIES 511,434 514,830
Creditors: Amounts Falling Due After More Than One Year 6 (528,680 ) (528,680 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (517 ) -
NET LIABILITIES (17,763 ) (13,850 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (17,863 ) (13,950 )
SHAREHOLDERS' FUNDS (17,763) (13,850)
Page 1
Page 2
For the year ending 28 February 2025 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
Mrs Louise Brown
Director
09/05/2025
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
Mi Kas Lu Casa Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13930868 . The registered office is 3 Valdene Close, Sutton Valence, Maidstone, ME17 3GS.
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.
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:
Freehold 0%
Computer Equipment 15% WDV
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet 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.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
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4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 March 2024 797,270 - 797,270
Additions - 3,199 3,199
As at 28 February 2025 797,270 3,199 800,469
Depreciation
As at 1 March 2024 - - -
Provided during the period - 480 480
As at 28 February 2025 - 480 480
Net Book Value
As at 28 February 2025 797,270 2,719 799,989
As at 1 March 2024 797,270 - 797,270
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 510 510
Directors' loan accounts 289,985 283,810
290,495 284,320
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 528,680 528,680
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
Included in Other Creditors is an amount of £289,984 (2024 - £283,810) owed to the directors. This loan is interest free and no repayment terms have been agreed.
Page 4