Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 03118151 Gavin Jones Emma Clark Emma Clark iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03118151 2023-10-31 03118151 2024-10-31 03118151 2023-11-01 2024-10-31 03118151 frs-core:CurrentFinancialInstruments 2024-10-31 03118151 frs-core:Non-currentFinancialInstruments 2024-10-31 03118151 frs-core:ComputerEquipment 2024-10-31 03118151 frs-core:ComputerEquipment 2023-11-01 2024-10-31 03118151 frs-core:ComputerEquipment 2023-10-31 03118151 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-11-01 2024-10-31 03118151 frs-core:FurnitureFittings 2024-10-31 03118151 frs-core:FurnitureFittings 2023-11-01 2024-10-31 03118151 frs-core:FurnitureFittings 2023-10-31 03118151 frs-core:OtherResidualIntangibleAssets 2024-10-31 03118151 frs-core:OtherResidualIntangibleAssets 2023-10-31 03118151 frs-core:PlantMachinery 2024-10-31 03118151 frs-core:PlantMachinery 2023-11-01 2024-10-31 03118151 frs-core:PlantMachinery 2023-10-31 03118151 frs-core:RevaluationReserve 2023-10-31 03118151 frs-core:RevaluationReserve 2024-10-31 03118151 frs-core:SharePremium 2024-10-31 03118151 frs-core:ShareCapital 2024-10-31 03118151 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 03118151 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 03118151 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 03118151 frs-bus:SmallEntities 2023-11-01 2024-10-31 03118151 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 03118151 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 03118151 frs-bus:Director1 2023-11-01 2024-10-31 03118151 frs-bus:Director2 2023-11-01 2024-10-31 03118151 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 03118151 frs-countries:EnglandWales 2023-11-01 2024-10-31 03118151 2022-10-31 03118151 2023-10-31 03118151 2022-11-01 2023-10-31 03118151 frs-core:CurrentFinancialInstruments 2023-10-31 03118151 frs-core:Non-currentFinancialInstruments 2023-10-31 03118151 frs-core:RevaluationReserve 2023-10-31 03118151 frs-core:SharePremium 2023-10-31 03118151 frs-core:ShareCapital 2023-10-31 03118151 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 03118151
Max Internet Shopping Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Mazuma
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03118151
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 695 925
695 925
CURRENT ASSETS
Stocks 6 33,194 19,815
Debtors 7 10,373 -
Cash at bank and in hand 195 99
43,762 19,914
Creditors: Amounts Falling Due Within One Year 8 (157,003 ) (112,200 )
NET CURRENT ASSETS (LIABILITIES) (113,241 ) (92,286 )
TOTAL ASSETS LESS CURRENT LIABILITIES (112,546 ) (91,361 )
Creditors: Amounts Falling Due After More Than One Year 9 (26,982 ) (12,309 )
NET LIABILITIES (139,528 ) (103,670 )
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Share premium account 15,702 15,702
Revaluation reserve 11 2,538 2,538
Profit and Loss Account (158,768 ) (122,910 )
SHAREHOLDERS' FUNDS (139,528) (103,670)
Page 1
Page 2
For the year ending 31 October 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
Gavin Jones
Director
18/07/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Max Internet Shopping Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03118151 . The registered office is 74 Duke Street, Barrow-In-Furness, LA14 1RX.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... 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 33% Straight Line
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.
2.6. 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 year was: 1 (2023: 1)
1 1
Page 3
Page 4
4. Intangible Assets
Other
£
Cost
As at 1 November 2023 7,000
As at 31 October 2024 7,000
Amortisation
As at 1 November 2023 7,000
As at 31 October 2024 7,000
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 -
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 7,312 11,897 12,757 31,966
As at 31 October 2024 7,312 11,897 12,757 31,966
Depreciation
As at 1 November 2023 6,969 11,690 12,382 31,041
Provided during the period 81 51 98 230
As at 31 October 2024 7,050 11,741 12,480 31,271
Net Book Value
As at 31 October 2024 262 156 277 695
As at 1 November 2023 343 207 375 925
6. Stocks
2024 2023
£ £
Stock 33,194 19,815
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,373 -
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,937 13,270
Bank loans and overdrafts 33,253 42,216
Other creditors 115,690 46,867
Taxation and social security 3,123 9,847
157,003 112,200
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 26,982 12,309
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
11. Reserves
Revaluation Reserve
£
As at 1 November 2023 2,538
As at 31 October 2024 2,538
Page 5