Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 26 September 2022 false 1 October 2023 30 September 2024 30 September 2024 14376992 K Staley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14376992 2023-09-30 14376992 2024-09-30 14376992 2023-10-01 2024-09-30 14376992 frs-core:CurrentFinancialInstruments 2024-09-30 14376992 frs-core:ComputerEquipment 2024-09-30 14376992 frs-core:ComputerEquipment 2023-10-01 2024-09-30 14376992 frs-core:ComputerEquipment 2023-09-30 14376992 frs-core:PlantMachinery 2024-09-30 14376992 frs-core:PlantMachinery 2023-10-01 2024-09-30 14376992 frs-core:PlantMachinery 2023-09-30 14376992 frs-core:ShareCapital 2024-09-30 14376992 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 14376992 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 14376992 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 14376992 frs-bus:SmallEntities 2023-10-01 2024-09-30 14376992 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 14376992 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 14376992 frs-bus:Director1 2023-10-01 2024-09-30 14376992 frs-bus:Director1 2023-09-30 14376992 frs-bus:Director1 2024-09-30 14376992 frs-countries:EnglandWales 2023-10-01 2024-09-30 14376992 2022-09-25 14376992 2023-09-30 14376992 2022-09-26 2023-09-30 14376992 frs-core:CurrentFinancialInstruments 2023-09-30 14376992 frs-core:ShareCapital 2023-09-30 14376992 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 14376992
Marion Property Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
ZP Accountants and Business Advisers Ltd
International House, 307 Cotton Exchange
Old Hall Street
Liverpool
L3 9LQ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 14376992
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,665 4,056
18,665 4,056
CURRENT ASSETS
Debtors 5 7,285 6,136
Cash at bank and in hand 16,017 8,244
23,302 14,380
Creditors: Amounts Falling Due Within One Year 6 (45,895 ) (25,771 )
NET CURRENT ASSETS (LIABILITIES) (22,593 ) (11,391 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,928 ) (7,335 )
NET LIABILITIES (3,928 ) (7,335 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (3,929 ) (7,336 )
SHAREHOLDERS' FUNDS (3,928) (7,335)
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 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
K Staley
Director
2nd May 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Marion Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14376992 . The registered office is Unit A, 82 James Carter Road, Mildenhall, Suffolk, IP28 7DE.
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 rents.
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
Computer Equipment 33.3% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
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 on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 1 (2023: 1)
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 4,011 580 4,591
Additions 15,991 - 15,991
As at 30 September 2024 20,002 580 20,582
Depreciation
As at 1 October 2023 390 145 535
Provided during the period 1,189 193 1,382
As at 30 September 2024 1,579 338 1,917
Net Book Value
As at 30 September 2024 18,423 242 18,665
As at 1 October 2023 3,621 435 4,056
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 6,486 4,500
Deferred tax current asset 541 1,636
Director's loan account 258 -
7,285 6,136
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other loans 41,395 24,200
Other creditors 3,600 400
Accruals and deferred income 900 900
Director's loan account - 271
45,895 25,771
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Miss Kate Staley - 7,585 7,327 - 258
The above loan is unsecured, interest free and repayable on demand.
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