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Registered number: 15392297
MK911 Limited
Unaudited Financial Statements
For the Period 6 January 2024 to 31 January 2025
Goldwyns London LLP
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 15392297
31 January 2025
Notes £ £
CURRENT ASSETS
Stocks 4 185,000
Debtors 5 245
Cash at bank and in hand 1
185,246
Creditors: Amounts Falling Due Within One Year 6 (189,246 )
NET CURRENT ASSETS (LIABILITIES) (4,000 )
TOTAL ASSETS LESS CURRENT LIABILITIES (4,000 )
NET LIABILITIES (4,000 )
CAPITAL AND RESERVES
Called up share capital 7 100
Income Statement (4,100 )
SHAREHOLDERS' FUNDS (4,000)
For the period ending 31 January 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 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 O M Kastro
Director
08/05/2025
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
MK911 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15392297 . The registered office is C/O Goldwyns London LLP, No.1 Royal Exchange, London, EC3V 3DG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
These financial statements for the period ended 31 January 2025 are the first financial statements of MK911 Limited prepared in accordance with FRS 102 (Section 1A), The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of adoption to FRS 102 (Section 1A) was 06 January 2024. 
The financial statements are prepared in UK sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
The principle accounting policies adopted are set below.
2.2. Going Concern Disclosure
The director has considered the prospect of the business for the next twelve months and beyond and has arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The director has also pledged his financial support to assist with this if required. On this basis, the director will continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.7. Financial Instrument
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
2.8. Critical Accounting Judgements and Key Sources of Estimation Uncertainty
In the application of the company's accounting policies, management is required to make judgments, estimates, and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued, and services received following the period end.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Stocks
31 January 2025
£
Stock 185,000
5. Debtors
31 January 2025
£
Due within one year
Other debtors 100
Director's loan account 145
245
6. Creditors: Amounts Falling Due Within One Year
31 January 2025
£
Accruals and deferred income 2,040
Amounts owed to group undertakings 187,206
189,246
7. Share Capital
31 January 2025
£
Allotted, Called up and fully paid 100
During the period, the company issued 100 Ordinary shares at par value of £1 per share. As at 31 January 2024 there are 100 Ordinary Shares in issue.
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 6 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Mr Ohad Kastro - (185,145 ) 185,000 - (145 )
The above loan is unsecured, interest bearing and repayable on demand.
9. Related Party Transactions
The amount owed to Adva Food Services Limited, a company related via common control and directorship, totalled £187,206 as at the period end, which is a current liability, interest free and repayable on demand.
Page 3