Acorah Software Products - Accounts Production 16.8.310 false true true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 03567755 Mr Maurice Mond Mr Hari Gurung M.N.C. Management Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03567755 2024-05-31 03567755 2025-05-31 03567755 2024-06-01 2025-05-31 03567755 frs-core:CurrentFinancialInstruments 2025-05-31 03567755 frs-core:ShareCapital 2025-05-31 03567755 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 03567755 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 03567755 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 03567755 frs-bus:SmallEntities 2024-06-01 2025-05-31 03567755 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 03567755 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 03567755 frs-bus:Director1 2024-06-01 2025-05-31 03567755 frs-bus:Director2 2024-06-01 2025-05-31 03567755 frs-bus:CompanySecretary1 2024-06-01 2025-05-31 03567755 frs-countries:EnglandWales 2024-06-01 2025-05-31 03567755 2023-05-31 03567755 2024-05-31 03567755 2023-06-01 2024-05-31 03567755 frs-core:CurrentFinancialInstruments 2024-05-31 03567755 frs-core:ShareCapital 2024-05-31 03567755 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 03567755
Strikeglen Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
Mouktaris & Co Ltd
Chartered Accountants & Registered Auditors
156a Burnt Oak Broadway
Edgware
Middlesex
HA8 0AX
Strikeglen Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1
Notes to the Financial Statements | 2—3

Page 1
Strikeglen Limited
Statement of Financial Position
As At 31 May 2025
Statement of Financial Position
Registered number: 03567755

| 2025 | 2024
--- | --- | ---
| Notes | € | € | € | €
CURRENT ASSETS
Debtors | 4 | 342,860 |  | 10,465 |
Cash at bank and in hand |  | 112,409 |  | 66,140 |
|  | 455,269 |  | 76,605 |
Creditors: Amounts Falling Due Within One Year | 5 | (390,694 ) |  | (39,026 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 64,575 |  | 37,579
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 64,575 |  | 37,579
NET ASSETS |  |  | 64,575 |  | 37,579
CAPITAL AND RESERVES
Called up share capital | 6 |  | 2 |  | 2
Income Statement |  |  | 64,573 |  | 37,577
SHAREHOLDERS' FUNDS |  |  | 64,575 |  | 37,579

For the year ending 31 May 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 Income Statement.
On behalf of the board

Mr Maurice Mond Director
31 July 2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Strikeglen Limited
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
Strikeglen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03567755 . The registered office is 156a Burnt Oak Broadway, Edgware, Middlesex, HA8 0AX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements are prepared in Euro, which is the functional currency of the entity.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. 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.
2.4. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
2.5. Financial Instruments
Basic financial assets
Basic financial assets include cash, trade receivables, loans receivable and other financial instruments that meet the relevant conditions.
These assets are initially recognised at transaction price (including transaction costs) unless the arrangement constitutes a financing transaction, in which case the asset is measured at the present value of future receipts discounted at a market rate of interest.
Subsequently, basic financial assets are measured at amortised cost using the effective interest method, less any impairment losses. At each reporting date, the company assesses whether there is objective evidence of impairment. If such evidence exists, the carrying amount is reduced and the loss is recognised in the income statement.
Basic financial assets are derecognised when the rights to the cash flows from the asset expire or are substantially transferred to a third party.
Basic financial liabilities
Basic financial liabilities include trade payables, accruals, loans payable and other financial instruments that meet the relevant conditions.
These liabilities are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction. In such cases, the liability is measured at the present value of future payments discounted at a market rate of interest.
Subsequently, basic financial liabilities are measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the obligation is discharged, cancelled, or expires.
Page 2
Page 3
Strikeglen Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into Euro at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
The tax expense represents the sum of the corporation 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| € |  | €
Due within one year
Trade debtors | 342,400 |  | 10,465
VAT | 460 |  | -
| 342,860 |  | 10,465

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| € |  | €
Trade creditors | 380,301 |  | 34,160
Corporation tax | 5,511 |  | -
Other creditors | 4,882 |  | 4,866
| 390,694 |  | 39,026

6. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| € |  | €
Allotted, Called up and fully paid | 2 |  | 2

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