Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 29 December 2024 29 December 2024 11429298 Mr Steven Mahr Mr Oliver Betsch iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11429298 2023-12-31 11429298 2024-12-29 11429298 2024-01-01 2024-12-29 11429298 frs-core:CurrentFinancialInstruments 2024-12-29 11429298 frs-core:Non-currentFinancialInstruments 2024-12-29 11429298 frs-core:ComputerEquipment 2024-12-29 11429298 frs-core:ComputerEquipment 2024-01-01 2024-12-29 11429298 frs-core:ComputerEquipment 2023-12-31 11429298 frs-core:PlantMachinery 2024-01-01 2024-12-29 11429298 frs-core:ShareCapital 2024-12-29 11429298 frs-core:RetainedEarningsAccumulatedLosses 2024-12-29 11429298 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-29 11429298 frs-bus:FilletedAccounts 2024-01-01 2024-12-29 11429298 frs-bus:SmallEntities 2024-01-01 2024-12-29 11429298 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-29 11429298 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-29 11429298 frs-bus:Director1 2024-01-01 2024-12-29 11429298 frs-bus:Director2 2024-01-01 2024-12-29 11429298 frs-countries:EnglandWales 2024-01-01 2024-12-29 11429298 2022-12-31 11429298 2023-12-31 11429298 2023-01-01 2023-12-31 11429298 frs-core:CurrentFinancialInstruments 2023-12-31 11429298 frs-core:Non-currentFinancialInstruments 2023-12-31 11429298 frs-core:ShareCapital 2023-12-31 11429298 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11429298
Myplant Biotechnologies UK Ltd
Unaudited Financial Statements
For The Year Ended 29 December 2024
Acconomy VFD Limited
Chartered Certified Accountants
Bayside Business Centre
Sovereign Business Park
Poole
Dorset
BH15 3TB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11429298
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 593 -
593 -
CURRENT ASSETS
Stocks 5 75,459 56,127
Debtors 6 24,966 49,929
Cash at bank and in hand 17,898 27,525
118,323 133,581
Creditors: Amounts Falling Due Within One Year 7 (392,446 ) (24,987 )
NET CURRENT ASSETS (LIABILITIES) (274,123 ) 108,594
TOTAL ASSETS LESS CURRENT LIABILITIES (273,530 ) 108,594
Creditors: Amounts Falling Due After More Than One Year 8 (648,279 ) (887,874 )
NET LIABILITIES (921,809 ) (779,280 )
CAPITAL AND RESERVES
Called up share capital 9 20,010 20,010
Profit and Loss Account (941,819 ) (799,290 )
SHAREHOLDERS' FUNDS (921,809) (779,280)
Page 1
Page 2
For the year ending 29 December 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
Mr Steven Mahr
Director
16th September 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
Myplant Biotechnologies UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11429298 . The registered office is Bayside Business Park, Willis Way, Poole, Dorset, BH15 3TB.
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:
Plant & Machinery 25% straight line
Computer Equipment 25% straight line
2.4. 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.
2.5. 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: NIL (2023: NIL)
- -
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 -
Additions 791
As at 29 December 2024 791
Depreciation
As at 1 January 2024 -
Provided during the period 198
As at 29 December 2024 198
Net Book Value
As at 29 December 2024 593
As at 1 January 2024 -
5. Stocks
2024 2023
£ £
Materials 75,459 56,127
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 24,195 35,929
Prepayments and accrued income 771 14,000
24,966 49,929
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 384,850 23,062
Other taxes and social security 3,210 -
VAT 3,993 252
Accruals and deferred income 393 1,673
392,446 24,987
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to related parties 648,279 887,874
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Page 5
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20,010 20,010
Page 5