Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04806984 Mr Julio Rocha iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04806984 2023-12-31 04806984 2024-12-31 04806984 2024-01-01 2024-12-31 04806984 frs-core:CurrentFinancialInstruments 2024-12-31 04806984 frs-core:Non-currentFinancialInstruments 2024-12-31 04806984 frs-core:FurnitureFittings 2024-12-31 04806984 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04806984 frs-core:FurnitureFittings 2023-12-31 04806984 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 04806984 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04806984 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 04806984 frs-core:MotorVehicles 2024-01-01 2024-12-31 04806984 frs-core:PlantMachinery 2024-12-31 04806984 frs-core:PlantMachinery 2024-01-01 2024-12-31 04806984 frs-core:PlantMachinery 2023-12-31 04806984 frs-core:ShareCapital 2024-12-31 04806984 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04806984 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04806984 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04806984 frs-bus:SmallEntities 2024-01-01 2024-12-31 04806984 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04806984 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04806984 frs-bus:Director1 2024-01-01 2024-12-31 04806984 frs-countries:EnglandWales 2024-01-01 2024-12-31 04806984 2022-12-31 04806984 2023-12-31 04806984 2023-01-01 2023-12-31 04806984 frs-core:CurrentFinancialInstruments 2023-12-31 04806984 frs-core:Non-currentFinancialInstruments 2023-12-31 04806984 frs-core:ShareCapital 2023-12-31 04806984 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04806984
Metro Piazza (London) Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Budhdeo & Tanga
Association of International Accountants
G23 China Works
100 Black Prince Road
London
SE1 7SJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04806984
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 338,158 317,581
338,158 317,581
CURRENT ASSETS
Stocks 5 16,631 22,108
Debtors 6 11,325 8,572
Cash at bank and in hand 261,260 291,777
289,216 322,457
Creditors: Amounts Falling Due Within One Year 7 (242,356 ) (161,630 )
NET CURRENT ASSETS (LIABILITIES) 46,860 160,827
TOTAL ASSETS LESS CURRENT LIABILITIES 385,018 478,408
Creditors: Amounts Falling Due After More Than One Year 8 (107,305 ) (201,427 )
NET ASSETS 277,713 276,981
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 277,711 276,979
SHAREHOLDERS' FUNDS 277,713 276,981
Page 1
Page 2
For the year ending 31 December 2024 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 Julio Rocha
Director
10/10/2025
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
Metro Piazza (London) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04806984 . The registered office is G 23 China Works, 100 Black prince Road, London, SE1 7SJ.
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:
Leasehold 5%
Plant & Machinery 20%
Motor Vehicles 0
Fixtures & Fittings 20%
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. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
Sales, marketing and distribution 22 22
24 24
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 366,851 64,053 56,383 487,287
Additions 40,030 - - 40,030
As at 31 December 2024 406,881 64,053 56,383 527,317
Depreciation
As at 1 January 2024 79,074 44,350 46,282 169,706
Provided during the period 13,493 3,940 2,020 19,453
As at 31 December 2024 92,567 48,290 48,302 189,159
Net Book Value
As at 31 December 2024 314,314 15,763 8,081 338,158
As at 1 January 2024 287,777 19,703 10,101 317,581
Land & property Leasehold - Depreciation is provided on cost at the rate of 5%
5. Stocks
2024 2023
£ £
Materials 16,631 22,108
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,310 7,114
Prepayments and accrued income - 1,458
Other debtors 2,015 -
11,325 8,572
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 50,601 21,943
Bank loans and overdrafts 37,356 -
Corporation tax 35,119 29,099
Other taxes and social security 46,219 43,204
VAT 32,329 46,555
Other creditors 28,740 -
Accruals and deferred income 9,538 8,323
Director's loan account 2,454 12,506
242,356 161,630
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 107,305 201,427
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 47,000 75,000
A duividend payment of £47000=  paid to director and shareholder
11. Reserves
Reserves of £277711= is after the payment of a dividend 0f £47000=
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