Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 13590791 Mr Amrit Singh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13590791 2023-08-31 13590791 2024-08-31 13590791 2023-09-01 2024-08-31 13590791 frs-core:CurrentFinancialInstruments 2024-08-31 13590791 frs-core:NetGoodwill 2024-08-31 13590791 frs-core:NetGoodwill 2023-09-01 2024-08-31 13590791 frs-core:NetGoodwill 2023-08-31 13590791 frs-core:ShareCapital 2024-08-31 13590791 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 13590791 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13590791 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 13590791 frs-bus:SmallEntities 2023-09-01 2024-08-31 13590791 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 13590791 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 13590791 frs-bus:Director1 2023-09-01 2024-08-31 13590791 frs-countries:EnglandWales 2023-09-01 2024-08-31 13590791 2022-08-31 13590791 2023-08-31 13590791 2022-09-01 2023-08-31 13590791 frs-core:CurrentFinancialInstruments 2023-08-31 13590791 frs-core:ShareCapital 2023-08-31 13590791 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 13590791
Mpm Mobile & Vape Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13590791
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,250 7,000
5,250 7,000
CURRENT ASSETS
Stocks 5 68,875 -
Debtors 6 11,064 -
Cash at bank and in hand 37,312 7,585
117,251 7,585
Creditors: Amounts Falling Due Within One Year 7 (124,841 ) (15,953 )
NET CURRENT ASSETS (LIABILITIES) (7,590 ) (8,368 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,340 ) (1,368 )
NET LIABILITIES (2,340 ) (1,368 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (2,440 ) (1,468 )
SHAREHOLDERS' FUNDS (2,340) (1,368)
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Page 2
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.
On behalf of the board
Mr Amrit Singh
Director
20/05/2025
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
Mpm Mobile & Vape Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13590791 . The registered office is 12 Hampden Square, London, N14 5JR.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 7,000
As at 31 August 2024 7,000
Amortisation
As at 1 September 2023 -
Provided during the period 1,750
As at 31 August 2024 1,750
Net Book Value
As at 31 August 2024 5,250
As at 1 September 2023 7,000
5. Stocks
2024 2023
£ £
Stock 68,875 -
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 11,064 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 47,194 -
Other creditors 75,280 13,586
Taxation and social security 2,367 2,367
124,841 15,953
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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