Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 11216722 Mr Trevor Walker Muniment Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11216722 2023-09-30 11216722 2024-09-30 11216722 2023-10-01 2024-09-30 11216722 frs-core:CurrentFinancialInstruments 2024-09-30 11216722 frs-core:Non-currentFinancialInstruments 2024-09-30 11216722 frs-core:ShareCapital 2024-09-30 11216722 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11216722 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11216722 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 11216722 frs-bus:SmallEntities 2023-10-01 2024-09-30 11216722 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11216722 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11216722 1 2023-10-01 2024-09-30 11216722 frs-bus:Director1 2023-10-01 2024-09-30 11216722 frs-countries:EnglandWales 2023-10-01 2024-09-30 11216722 2022-09-30 11216722 2023-09-30 11216722 2022-10-01 2023-09-30 11216722 frs-core:CurrentFinancialInstruments 2023-09-30 11216722 frs-core:Non-currentFinancialInstruments 2023-09-30 11216722 frs-core:ShareCapital 2023-09-30 11216722 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 11216722
Muniment Titanium Developments Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
B-Tax
Muniment Titanium Developments Limited
Contents
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Muniment Titanium Developments Limited
Balance Sheet
As At 30 September 2024
Balance Sheet
Registered number: 11216722
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand - 882,894
- 882,894
Creditors: Amounts Falling Due Within One Year 4 (245,286 ) (16,335 )
NET CURRENT ASSETS (LIABILITIES) (245,286 ) 866,559
TOTAL ASSETS LESS CURRENT LIABILITIES (245,286 ) 866,559
Creditors: Amounts Falling Due After More Than One Year 5 (411,961 ) (1,218,908 )
NET LIABILITIES (657,247 ) (352,349 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (657,347 ) (352,449 )
SHAREHOLDERS' FUNDS (657,247) (352,349)
For the year ending 30 September 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 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 Trevor Walker
Director
20/09/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Muniment Titanium Developments Limited
Notes to the Financial Statements
For The Year Ended 30 September 2024
Notes to the Financial Statements
1. General Information
Muniment Titanium Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11216722 . The registered office is 10 Brooklands Court, Kettering, Northants, NN15 6FD.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1
Accruals and deferred income 7,363 5,923
Director's loan account 237,923 10,411
245,286 16,335
5. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 47,416 47,416
Other creditors 364,545 1,171,492
411,961 1,218,908
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
Muniment LtdRelated CompanyLoan from Muniment Ltd - balance at year end £364,545 (2023: £1,171,492)

Muniment Ltd

Related Company

Loan from Muniment Ltd - balance at year end £364,545 (2023: £1,171,492)

8. Ultimate Controlling Party
The company's ultimate controlling party is Muniment Ltd by virtue of its ownership of 100% of the issued share capital in the company.
Muniment Ltd acquired a 100% shareholding in the company on 26 September 2023 when the shares were acquired from the former shareholder under the terms of the shareholders agreement and Articles of Association 
9. Contingent Assets
A related party submitted claims for payment over and above the agreed contractual amount of £656,130 and withdrew funds from the bank account of the company. 
The accounts initially make allowance for the sum of £538,224 calculated as follows:
Payments to Contractor £1,194,354
...CONTINUED
Page 2
Page 3
Muniment Titanium Developments Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2024
Less: Fixed Price contract £656,130
The disputed sum of at least £538,224 has been included as a reduction in cash and recognised as a loss in the 2021 accounts.
Court proceedings were commenced against the related party and related companies to recover the amount taken above the agreed contractual amount.
Investigations revealed that in 2022 a property belonging to the company had been unlawfully transferred to a related company without the approval of the Board of Directors
In 2025 a court order was obtained for this property to be transferred back to the company
Page 3