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 12833408 Mr Andras Meder iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12833408 2023-08-31 12833408 2024-08-31 12833408 2023-09-01 2024-08-31 12833408 frs-core:ShareCapital 2024-08-31 12833408 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12833408 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12833408 frs-bus:AbridgedAccounts 2023-09-01 2024-08-31 12833408 frs-bus:SmallEntities 2023-09-01 2024-08-31 12833408 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12833408 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12833408 frs-bus:Director1 2023-09-01 2024-08-31 12833408 frs-countries:EnglandWales 2023-09-01 2024-08-31 12833408 2022-08-31 12833408 2023-08-31 12833408 2022-09-01 2023-08-31 12833408 frs-core:ShareCapital 2023-08-31 12833408 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12833408
MKL MOTORS LTD
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2
Page 1
Abridged Balance Sheet
Registered number: 12833408
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 23,711 8,534
Cash at bank and in hand 100 7,625
23,811 16,159
Creditors: Amounts Falling Due Within One Year (23,759 ) (16,075 )
NET CURRENT ASSETS (LIABILITIES) 52 84
TOTAL ASSETS LESS CURRENT LIABILITIES 52 84
NET ASSETS 52 84
CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and Loss Account 51 83
SHAREHOLDERS' FUNDS 52 84
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 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Andras Meder
Director
20/05/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
MKL MOTORS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12833408 . The registered office is 10 Cecil Road, London, NW9 5EL.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the director has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer rebates and other similar allowances.
2.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight - line basis over the period of the lease.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
5. Contingent Liabilities
Operating lease commitments not included in the balance sheet amount to £19,400 (2023- £26,400)
Page 2