Acorah Software Products - Accounts Production 16.2.800 false true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 08879868 Ms Deborah Middleton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08879868 2024-02-28 08879868 2025-02-28 08879868 2024-02-29 2025-02-28 08879868 frs-core:CurrentFinancialInstruments 2025-02-28 08879868 frs-core:MotorVehicles 2025-02-28 08879868 frs-core:MotorVehicles 2024-02-29 2025-02-28 08879868 frs-core:MotorVehicles 2024-02-28 08879868 frs-core:ShareCapital 2025-02-28 08879868 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 08879868 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 08879868 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 08879868 frs-bus:SmallEntities 2024-02-29 2025-02-28 08879868 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 08879868 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 08879868 frs-bus:Director1 2024-02-29 2025-02-28 08879868 frs-countries:EnglandWales 2024-02-29 2025-02-28 08879868 2023-02-28 08879868 2024-02-28 08879868 2023-03-01 2024-02-28 08879868 frs-core:CurrentFinancialInstruments 2024-02-28 08879868 frs-core:ShareCapital 2024-02-28 08879868 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 08879868
MGER Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Accountancy Extra
33 Harrison Road
Halifax
HX1 2AF
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08879868
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 19,534 12,878
Cash at bank and in hand 412 8,409
19,946 21,287
Creditors: Amounts Falling Due Within One Year 6 (7,501 ) (3,890 )
NET CURRENT ASSETS (LIABILITIES) 12,445 17,397
TOTAL ASSETS LESS CURRENT LIABILITIES 12,445 17,397
NET ASSETS 12,445 17,397
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 12,345 17,297
SHAREHOLDERS' FUNDS 12,445 17,397
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 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
Ms Deborah Middleton
Director
02/06/2025
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
MGER Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08879868 . The registered office is 33 Holly Road, Scissett, Huddersfield, HD8 9GT.
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. 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:
Motor Vehicles 25% on SLM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 2)
1 2
4. Tangible Assets
Motor Vehicles
£
Cost
As at 29 February 2024 15,379
As at 28 February 2025 15,379
Depreciation
As at 29 February 2024 15,379
As at 28 February 2025 15,379
Net Book Value
As at 28 February 2025 -
As at 29 February 2024 -
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 11,700 -
Other debtors 7,834 7,834
VAT - 3,779
Other taxes and social security - 1,265
19,534 12,878
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 1,937 3,890
VAT 1,884 -
Other creditors 2,400 -
Director's loan account 1,280 -
7,501 3,890
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3