Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 11571016 Mr A Matyushok iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11571016 2023-09-30 11571016 2024-09-30 11571016 2023-10-01 2024-09-30 11571016 frs-core:CurrentFinancialInstruments 2024-09-30 11571016 frs-core:ComputerEquipment 2024-09-30 11571016 frs-core:ComputerEquipment 2023-10-01 2024-09-30 11571016 frs-core:ComputerEquipment 2023-09-30 11571016 frs-core:MotorVehicles 2024-09-30 11571016 frs-core:MotorVehicles 2023-10-01 2024-09-30 11571016 frs-core:MotorVehicles 2023-09-30 11571016 frs-core:PlantMachinery 2024-09-30 11571016 frs-core:PlantMachinery 2023-10-01 2024-09-30 11571016 frs-core:PlantMachinery 2023-09-30 11571016 frs-core:ShareCapital 2024-09-30 11571016 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11571016 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11571016 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 11571016 frs-bus:SmallEntities 2023-10-01 2024-09-30 11571016 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11571016 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11571016 frs-bus:Director1 2023-10-01 2024-09-30 11571016 frs-countries:EnglandWales 2023-10-01 2024-09-30 11571016 2022-09-30 11571016 2023-09-30 11571016 2022-10-01 2023-09-30 11571016 frs-core:CurrentFinancialInstruments 2023-09-30 11571016 frs-core:ShareCapital 2023-09-30 11571016 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 11571016
Mav Capital Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 11571016
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 32,352 43,474
32,352 43,474
CURRENT ASSETS
Debtors 5 220 2,039
Cash at bank and in hand 149,454 65,128
149,674 67,167
Creditors: Amounts Falling Due Within One Year 6 (24,817 ) (15,980 )
NET CURRENT ASSETS (LIABILITIES) 124,857 51,187
TOTAL ASSETS LESS CURRENT LIABILITIES 157,209 94,661
NET ASSETS 157,209 94,661
CAPITAL AND RESERVES
Called up share capital 100 100
Income Statement 157,109 94,561
SHAREHOLDERS' FUNDS 157,209 94,661
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 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 Income Statement.
On behalf of the board
Mr A Matyushok
Director
13/06/2025
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
Mav Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11571016 . The registered office is 97 King Henry's Rd, London, NW3 3QX.
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.
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:
Plant & Machinery 25% straight line
Motor Vehicles 25% straight line
Computer Equipment 33.33% straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 907 46,780 - 47,687
Additions - - 1,083 1,083
As at 30 September 2024 907 46,780 1,083 48,770
...CONTINUED
Page 2
Page 3
Depreciation
As at 1 October 2023 80 4,133 - 4,213
Provided during the period 227 11,695 283 12,205
As at 30 September 2024 307 15,828 283 16,418
Net Book Value
As at 30 September 2024 600 30,952 800 32,352
As at 1 October 2023 827 42,647 - 43,474
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 220 2,039
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 35 -
Other creditors 1,450 5,553
Taxation and social security 23,332 10,427
24,817 15,980
Page 3