Acorah Software Products - Accounts Production 16.2.850 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 10483508 Mr RAHEEL MINHAS iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10483508 2023-11-30 10483508 2024-11-30 10483508 2023-12-01 2024-11-30 10483508 frs-core:Non-currentFinancialInstruments 2024-11-30 10483508 frs-core:ComputerEquipment 2023-12-01 2024-11-30 10483508 frs-core:FurnitureFittings 2023-12-01 2024-11-30 10483508 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 10483508 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 10483508 frs-core:MotorVehicles 2024-11-30 10483508 frs-core:MotorVehicles 2023-12-01 2024-11-30 10483508 frs-core:MotorVehicles 2023-11-30 10483508 frs-core:PlantMachinery 2024-11-30 10483508 frs-core:PlantMachinery 2023-12-01 2024-11-30 10483508 frs-core:PlantMachinery 2023-11-30 10483508 frs-core:ShareCapital 2024-11-30 10483508 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 10483508 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 10483508 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 10483508 frs-bus:SmallEntities 2023-12-01 2024-11-30 10483508 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 10483508 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 10483508 frs-bus:Director1 2023-12-01 2024-11-30 10483508 frs-core:Non-currentFinancialInstruments 1 2024-11-30 10483508 frs-countries:EnglandWales 2023-12-01 2024-11-30 10483508 2022-11-30 10483508 2023-11-30 10483508 2022-12-01 2023-11-30 10483508 frs-core:CurrentFinancialInstruments 2023-11-30 10483508 frs-core:Non-currentFinancialInstruments 2023-11-30 10483508 frs-core:ShareCapital 2023-11-30 10483508 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 10483508 frs-core:Non-currentFinancialInstruments 1 2023-11-30
Registered number: 10483508
MIGHTY TRAVELS LTD
Unaudited Financial Statements
For The Year Ended 30 November 2024
NI Accountants
7 New Street
Dudley
West Midlands
DY1 1LT
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10483508
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 499,976 421,227
499,976 421,227
CURRENT ASSETS
Cash at bank and in hand 446,422 270,535
446,422 270,535
Creditors: Amounts Falling Due Within One Year 5 - 1
NET CURRENT ASSETS (LIABILITIES) 446,422 270,536
TOTAL ASSETS LESS CURRENT LIABILITIES 946,398 691,763
Creditors: Amounts Falling Due After More Than One Year 6 (50,106 ) (99,860 )
NET ASSETS 896,292 591,903
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 896,192 591,803
SHAREHOLDERS' FUNDS 896,292 591,903
For the year ending 30 November 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 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 Profit and Loss Account.
On behalf of the board
Mr RAHEEL MINHAS
Director
12/07/2025
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
MIGHTY TRAVELS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10483508 . The registered office is 92 Blakenhale Road, Birmingham, West Midlands, B33 0XA.
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.
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.
2.3. 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:
Freehold 0
Leasehold 0
Plant & Machinery 0
Motor Vehicles 0
Fixtures & Fittings 0
Computer Equipment 0
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 4)
8 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 December 2023 - 399,627 399,627
Additions - 67,949 67,949
As at 30 November 2024 - 467,576 467,576
Depreciation
As at 1 December 2023 - (21,600 ) (21,600 )
Provided during the period (10,800 ) - (10,800 )
As at 30 November 2024 (10,800 ) (21,600 ) (32,400 )
Net Book Value
As at 30 November 2024 10,800 489,176 499,976
As at 1 December 2023 - 421,227 421,227
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans (20,587 ) 29,167
Other loans (10,502 ) (10,502 )
Finance Lease 81,195 81,195
50,106 99,860
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3