Acorah Software Products - Accounts Production 16.3.350 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07511236 Mrs Karen Taylor Mr James Taylor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07511236 2023-07-31 07511236 2024-07-31 07511236 2023-08-01 2024-07-31 07511236 frs-core:CurrentFinancialInstruments 2024-07-31 07511236 frs-core:ComputerEquipment 2023-08-01 2024-07-31 07511236 frs-core:PlantMachinery 2023-08-01 2024-07-31 07511236 frs-core:ShareCapital 2024-07-31 07511236 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07511236 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07511236 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07511236 frs-bus:SmallEntities 2023-08-01 2024-07-31 07511236 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07511236 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07511236 frs-bus:Director1 2023-08-01 2024-07-31 07511236 frs-bus:Director2 2023-08-01 2024-07-31 07511236 frs-countries:EnglandWales 2023-08-01 2024-07-31 07511236 2022-07-31 07511236 2023-07-31 07511236 2022-08-01 2023-07-31 07511236 frs-core:CurrentFinancialInstruments 2023-07-31 07511236 frs-core:ShareCapital 2023-07-31 07511236 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07511236
Montholme Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Tonbridge Accountants Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07511236
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 4 10,000 10,000
Cash at bank and in hand 5,609 6,022
15,609 16,022
Creditors: Amounts Falling Due Within One Year 5 (24,013 ) (23,813 )
NET CURRENT ASSETS (LIABILITIES) (8,404 ) (7,791 )
TOTAL ASSETS LESS CURRENT LIABILITIES (8,404 ) (7,791 )
NET LIABILITIES (8,404 ) (7,791 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (8,504 ) (7,891 )
SHAREHOLDERS' FUNDS (8,404) (7,791)
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Mrs Karen Taylor
Director
19/06/2025
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
Montholme Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07511236 . The registered office is 67a Weald Road, Sevenoaks, Kent, TN13 1QH.
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. Going Concern Disclosure
The Directors took the decision to cease trading on 31 July 2023. Accordingly, the financial statements have been not been prepared on a going concern basis.
The financial statements have been prepared on a break-up basis. Pre-payments have not been recognised and fixed assets that will no longer generate economic benefit have been derecognised. There have been no material adjustments to the valuation or presentation of the company's liabilities.
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.
Consultancy:
Revenue for consultancy projects is recognised based on the stage of completion of each project at the end of the reporting period. 
Private house sales:
Revenue on private house sales is recognised when the significant risks and rewards of ownership have been transferred to the purchaser which will normally occur at handover / legal completion. Revenue is recognised at the fair value of the consideration received or receivable on legal completion.
Construction contracts:
Revenue from construction contracts is recognised based on the measured value of work completed as construction progresses. The measured value of work is based on certified valuations which consider the stage of completion of contracts. Where the outcome of a construction contract cannot be estimated reliably, contract costs are recognised as expenses in the period in which they are incurred and contract revenue is recognised to the extent of contract costs incurred where it is probable that they will be recoverable. Contract expenses are recognised as incurred unless they create an asset related to future contract activity. An expected loss on a contract is recognised immediately in the profit and loss account. Revenues derived from variations on contracts are recognised only when they have been accepted by the customer.
2.4. 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% reducing balance
Computer Equipment 25% reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
2.6. Financial Instruments
The company has chosen to adopt sections 11 and 12 of FRS 102 in respect of financial instruments. Basic financial assets, including trade and other receivables, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. 
Basic financial liabilities, including trade and other payables, and bank loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Stocks
2024 2023
£ £
Stock 10,000 10,000
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 23,487 23,287
Taxation and social security 526 526
24,013 23,813
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3