Acorah Software Products - Accounts Production 16.3.350 false true true false 29 September 2023 31 January 2025 31 January 2025 15175990 Mr Hussein Ahmed Mr Martin Walshe Mr Mark Johnson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15175990 2023-09-28 15175990 2025-01-31 15175990 2023-09-29 2025-01-31 15175990 frs-core:CurrentFinancialInstruments 2025-01-31 15175990 frs-core:ComputerEquipment 2025-01-31 15175990 frs-core:ComputerEquipment 2023-09-29 2025-01-31 15175990 frs-core:ComputerEquipment 2023-09-28 15175990 frs-core:FurnitureFittings 2025-01-31 15175990 frs-core:FurnitureFittings 2023-09-29 2025-01-31 15175990 frs-core:FurnitureFittings 2023-09-28 15175990 frs-core:ShareCapital 2025-01-31 15175990 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 15175990 frs-bus:PrivateLimitedCompanyLtd 2023-09-29 2025-01-31 15175990 frs-bus:FilletedAccounts 2023-09-29 2025-01-31 15175990 frs-bus:SmallEntities 2023-09-29 2025-01-31 15175990 frs-bus:AuditExempt-NoAccountantsReport 2023-09-29 2025-01-31 15175990 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-29 2025-01-31 15175990 frs-bus:Director1 2023-09-29 2025-01-31 15175990 frs-bus:Director1 2023-09-28 15175990 frs-bus:Director1 2025-01-31 15175990 frs-bus:Director2 2023-09-29 2025-01-31 15175990 frs-bus:Director3 2023-09-29 2025-01-31 15175990 frs-countries:EnglandWales 2023-09-29 2025-01-31
Registered number: 15175990
Mercury Freight Ltd
Unaudited Financial Statements
For the Period 29 September 2023 to 31 January 2025
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15175990
31 January 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 3,540
3,540
CURRENT ASSETS
Debtors 5 96,052
Cash at bank and in hand 19,147
115,199
Creditors: Amounts Falling Due Within One Year 6 (189,696 )
NET CURRENT ASSETS (LIABILITIES) (74,497 )
TOTAL ASSETS LESS CURRENT LIABILITIES (70,957 )
NET LIABILITIES (70,957 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (71,057 )
SHAREHOLDERS' FUNDS (70,957)
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 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
Mr Hussein Ahmed
Director
22nd February 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
Mercury Freight Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15175990 . The registered office is Unit 3, Suite 11a Ferry Lane, Felixstowe, Suffolk, IP11 3QU.
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 accounts have been prepared on the going concern basis as there is sufficient evidence that the trade will continue for the next 12 months. Although the balance sheet is overdrawn the directors are comitted to help the company meet all liabilities when these fall due.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.  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.
2.4. 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:
Fixtures & Fittings 25% Reducing balance
Computer Equipment 33% Straight line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 29 September 2023 - - -
Additions 590 4,331 4,921
As at 31 January 2025 590 4,331 4,921
Depreciation
As at 29 September 2023 - - -
Provided during the period 135 1,246 1,381
As at 31 January 2025 135 1,246 1,381
Net Book Value
As at 31 January 2025 455 3,085 3,540
As at 29 September 2023 - - -
Page 2
Page 3
5. Debtors
31 January 2025
£
Due within one year
Trade debtors 90,869
Other debtors 5,183
96,052
6. Creditors: Amounts Falling Due Within One Year
31 January 2025
£
Trade creditors 110,636
Other creditors 74,891
Taxation and social security 4,169
189,696
Included in other creditors is a loan from Transmode Logistics Ltd, a compnay under common control, of £71,391.
7. Share Capital
31 January 2025
£
Allotted, Called up and fully paid 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 29 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Mr Hussein Ahmed - 100 - - 100
The above loan is unsecured, interest free and repayable on demand.
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