Acorah Software Products - Accounts Production 16.5.460 false true false 17 January 2024 31 January 2025 31 January 2025 15420700 Mrs Julie Smith Mr Ian Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15420700 2024-01-16 15420700 2025-01-31 15420700 2024-01-17 2025-01-31 15420700 frs-core:FurnitureFittings 2025-01-31 15420700 frs-core:FurnitureFittings 2024-01-17 2025-01-31 15420700 frs-core:FurnitureFittings 2024-01-16 15420700 frs-core:ShareCapital 2025-01-31 15420700 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 15420700 frs-bus:PrivateLimitedCompanyLtd 2024-01-17 2025-01-31 15420700 frs-bus:FilletedAccounts 2024-01-17 2025-01-31 15420700 frs-bus:SmallEntities 2024-01-17 2025-01-31 15420700 frs-bus:AuditExempt-NoAccountantsReport 2024-01-17 2025-01-31 15420700 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-17 2025-01-31 15420700 frs-bus:Director1 2024-01-17 2025-01-31 15420700 frs-bus:Director2 2024-01-17 2025-01-31 15420700 frs-countries:EnglandWales 2024-01-17 2025-01-31
Registered number: 15420700
Michael Wallace Holdings Ltd
Unaudited Financial Statements
For the Period 17 January 2024 to 31 January 2025
Bruce Allen LLP
Ground floor Suite
Crown House , 40 North Street
Hornchurch
Essex
RM11 1EW
Michael Wallace Holdings Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
Michael Wallace Holdings Ltd
Balance Sheet
As At 31 January 2025
Balance Sheet
Registered number: 15420700

| 31 January 2025
--- | ---
| Notes | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 522
Investment Properties | 5 |  | 100,461
|  |  | 100,983
CURRENT ASSETS
Debtors | 6 | 1,843 |
Cash at bank and in hand |  | 100 |
|  | 1,943 |
Creditors: Amounts Falling Due Within One Year | 7 | (102,737 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (100,794 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 189
NET ASSETS |  |  | 189
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100
Profit and Loss Account |  |  | 89
SHAREHOLDERS' FUNDS |  |  | 189

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

Mrs Julie Smith Director
5th September 2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Michael Wallace Holdings Ltd
Notes to the Financial Statements
For the Period 17 January 2024 to 31 January 2025
Notes to the Financial Statements
1. General Information
Michael Wallace Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15420700 . The registered office is Ground Floor Suite Crown House, 40 North Street, Hornchurch, RM11 1EU.
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:

Fixtures & Fittings | 25% per annum reducing balance

2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets

| Fixtures & Fittings
--- | ---
| £
Cost
As at 17 January 2024 | -
Additions | 696
As at 31 January 2025 | 696
Depreciation
As at 17 January 2024 | -
Provided during the period | 174
As at 31 January 2025 | 174
Net Book Value
As at 31 January 2025 | 522
As at 17 January 2024 | -

Page 2
Page 3
Michael Wallace Holdings Ltd
Notes to the Financial Statements (continued)
For the Period 17 January 2024 to 31 January 2025
5. Investment Property

| 31 January 2025
--- | ---
| £
Fair Value
As at 17 January 2024 | -
Additions | 100,461
As at 31 January 2025 | 100,461

6. Debtors

| 31 January 2025
--- | ---
| £
Due within one year
Other debtors | 1,843

7. Creditors: Amounts Falling Due Within One Year

| 31 January 2025
--- | ---
| £
Other creditors | 102,737

8. Share Capital

| 31 January 2025
--- | ---
| £
Allotted, Called up and fully paid | 100

Page 3