Acorah Software Products - Accounts Production 16.4.660 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 03548329 Mr MICHAEL KARLINER Mrs MARGARET RAMAGE iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03548329 2024-03-31 03548329 2025-03-31 03548329 2024-04-01 2025-03-31 03548329 frs-core:CurrentFinancialInstruments 2025-03-31 03548329 frs-core:PlantMachinery 2024-04-01 2025-03-31 03548329 frs-core:ShareCapital 2025-03-31 03548329 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 03548329 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03548329 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03548329 frs-bus:SmallEntities 2024-04-01 2025-03-31 03548329 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03548329 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03548329 frs-bus:Director1 2024-04-01 2025-03-31 03548329 frs-bus:Director1 2024-03-31 03548329 frs-bus:Director1 2025-03-31 03548329 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 03548329 frs-countries:EnglandWales 2024-04-01 2025-03-31 03548329 2023-03-31 03548329 2024-03-31 03548329 2023-04-01 2024-03-31 03548329 frs-core:CurrentFinancialInstruments 2024-03-31 03548329 frs-core:ShareCapital 2024-03-31 03548329 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 03548329
MODERN INDUSTRY LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2025
Michael Morris
Chartered Accountant
19 Geariesville Gardens
Ilford
Essex
IG6 1JH
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 03548329
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 1 52
Cash at bank and in hand - 1,868
1 1,920
Creditors: Amounts Falling Due Within One Year 5 - (1,797 )
NET CURRENT ASSETS (LIABILITIES) 1 123
TOTAL ASSETS LESS CURRENT LIABILITIES 1 123
NET ASSETS 1 123
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account - 122
SHAREHOLDERS' FUNDS 1 123
For the year ending 31 March 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 Profit and Loss Account.
On behalf of the board
Mr MICHAEL KARLINER
Director
30/04/2025
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
MODERN INDUSTRY LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 03548329 . The registered office is 39 Sneyd Road, London, NW2 6AL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. 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
2.3. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Debtors
2025 2024
£ £
Due within one year
Other debtors - 52
Director's loan account 1 -
1 52
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - (1 )
Corporation tax - 12
Other creditors - 96
Director's loan account - 1,690
- 1,797
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 2
Page 3
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr MICHAEL KARLINER 1,689 1,749 58 - 1
The above loan is unsecured, interest free and repayable on demand.
Page 3