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 13553642 Ms Ching Han Man iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13553642 2023-09-30 13553642 2024-09-30 13553642 2023-10-01 2024-09-30 13553642 frs-core:CurrentFinancialInstruments 2024-09-30 13553642 frs-core:Non-currentFinancialInstruments 2024-09-30 13553642 frs-core:ComputerEquipment 2024-09-30 13553642 frs-core:ComputerEquipment 2023-10-01 2024-09-30 13553642 frs-core:ComputerEquipment 2023-09-30 13553642 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 13553642 frs-core:FurnitureFittings 2024-09-30 13553642 frs-core:FurnitureFittings 2023-10-01 2024-09-30 13553642 frs-core:FurnitureFittings 2023-09-30 13553642 frs-core:OtherResidualIntangibleAssets 2024-09-30 13553642 frs-core:OtherResidualIntangibleAssets 2023-10-01 2024-09-30 13553642 frs-core:OtherResidualIntangibleAssets 2023-09-30 13553642 frs-core:PlantMachinery 2024-09-30 13553642 frs-core:PlantMachinery 2023-10-01 2024-09-30 13553642 frs-core:PlantMachinery 2023-09-30 13553642 frs-core:ShareCapital 2024-09-30 13553642 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 13553642 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 13553642 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 13553642 frs-bus:SmallEntities 2023-10-01 2024-09-30 13553642 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 13553642 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 13553642 frs-bus:Director1 2023-10-01 2024-09-30 13553642 frs-countries:EnglandWales 2023-10-01 2024-09-30 13553642 2022-09-30 13553642 2023-09-30 13553642 2022-10-01 2023-09-30 13553642 frs-core:CurrentFinancialInstruments 2023-09-30 13553642 frs-core:Non-currentFinancialInstruments 2023-09-30 13553642 frs-core:ShareCapital 2023-09-30 13553642 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 13553642
Ming Hin Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Danny Liew Accountancy Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 13553642
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 210 420
Tangible Assets 5 11,668 16,657
11,878 17,077
CURRENT ASSETS
Stocks 6 17,060 24,862
Debtors 7 14,475 18,026
Cash at bank and in hand 10,854 12,138
42,389 55,026
Creditors: Amounts Falling Due Within One Year 8 (321,185 ) (278,218 )
NET CURRENT ASSETS (LIABILITIES) (278,796 ) (223,192 )
TOTAL ASSETS LESS CURRENT LIABILITIES (266,918 ) (206,115 )
NET LIABILITIES (266,918 ) (206,115 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (266,920 ) (206,117 )
SHAREHOLDERS' FUNDS (266,918) (206,115)
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 members have 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
Ms Ching Han Man
Director
20/06/2025
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
Ming Hin Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13553642 . The registered office is 312 High Street, Orpington, London, BR6 0NG.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are trade mark It is amortised to profit and loss account over its estimated economic life of 4 years.
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
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Intangible Assets
Other
£
Cost
As at 1 October 2023 840
As at 30 September 2024 840
Amortisation
As at 1 October 2023 420
Provided during the period 210
As at 30 September 2024 630
Net Book Value
As at 30 September 2024 210
As at 1 October 2023 420
Page 2
Page 3
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 14,812 13,519 618 28,949
Disposals (1,100 ) - - (1,100 )
As at 30 September 2024 13,712 13,519 618 27,849
Depreciation
As at 1 October 2023 6,274 5,863 155 12,292
Provided during the period 1,859 1,914 116 3,889
As at 30 September 2024 8,133 7,777 271 16,181
Net Book Value
As at 30 September 2024 5,579 5,742 347 11,668
As at 1 October 2023 8,538 7,656 463 16,657
6. Stocks
2024 2023
£ £
Finished goods 17,060 24,862
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 1,910
Other debtors 225 1,866
225 3,776
Due after more than one year
Trade debtors 14,250 -
Other debtors - 14,250
14,250 14,250
14,475 18,026
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 10,202 6
Other creditors 307,096 271,950
Taxation and social security 3,887 6,262
321,185 278,218
Page 3
Page 4
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4