Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09409419 Mr Jordan Tillman Mrs Julia Tillman Mr Matthew Tillman Mr Kevin Lyons iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09409419 2022-12-31 09409419 2023-12-31 09409419 2023-01-01 2023-12-31 09409419 frs-core:CurrentFinancialInstruments 2023-12-31 09409419 frs-core:ComputerEquipment 2023-12-31 09409419 frs-core:ComputerEquipment 2023-01-01 2023-12-31 09409419 frs-core:ComputerEquipment 2022-12-31 09409419 frs-core:FurnitureFittings 2023-12-31 09409419 frs-core:FurnitureFittings 2023-01-01 2023-12-31 09409419 frs-core:FurnitureFittings 2022-12-31 09409419 frs-core:MotorVehicles 2023-12-31 09409419 frs-core:MotorVehicles 2023-01-01 2023-12-31 09409419 frs-core:MotorVehicles 2022-12-31 09409419 frs-core:PlantMachinery 2023-12-31 09409419 frs-core:PlantMachinery 2023-01-01 2023-12-31 09409419 frs-core:PlantMachinery 2022-12-31 09409419 frs-core:ShareCapital 2023-12-31 09409419 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09409419 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09409419 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09409419 frs-bus:SmallEntities 2023-01-01 2023-12-31 09409419 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09409419 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09409419 frs-bus:Director1 2023-01-01 2023-12-31 09409419 frs-bus:Director2 2023-01-01 2023-12-31 09409419 frs-bus:Director3 2023-01-01 2023-12-31 09409419 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 09409419 frs-countries:EnglandWales 2023-01-01 2023-12-31 09409419 2021-12-31 09409419 2022-12-31 09409419 2022-01-01 2022-12-31 09409419 frs-core:CurrentFinancialInstruments 2022-12-31 09409419 frs-core:ShareCapital 2022-12-31 09409419 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09409419
Crab Apple Catering Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
MKL Accountants Limited
Chartered Certified Accountants
Herston Cross House
230 High Street
Swanage
Dorset
BH19 2PQ
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09409419
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 51,576 61,076
51,576 61,076
CURRENT ASSETS
Stocks 5 3,500 3,500
Debtors 6 748 6,594
Cash at bank and in hand 59,823 27,327
64,071 37,421
Creditors: Amounts Falling Due Within One Year 7 (42,396 ) (13,939 )
NET CURRENT ASSETS (LIABILITIES) 21,675 23,482
TOTAL ASSETS LESS CURRENT LIABILITIES 73,251 84,558
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,759 ) (10,679 )
NET ASSETS 61,492 73,879
CAPITAL AND RESERVES
Called up share capital 8 99 99
Profit and Loss Account 61,393 73,780
SHAREHOLDERS' FUNDS 61,492 73,879
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For the year ending 31 December 2023 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 Julia Tillman
Director
23/05/2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Crab Apple Catering Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09409419 . The registered office is Unit 7, Anvil Centre, Prospect Way, Swanage, BH19 1EJ.
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% Reducing Balance Method
Motor Vehicles 25% Reducing Balance Method
Fixtures & Fittings 25% Reducing Balance Method
Computer Equipment 25% Reducing Balance Method
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.
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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 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.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 4)
5 4
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 93,800 31,795 2,022 5,360 132,977
Additions 7,743 - - - 7,743
Disposals (92 ) - - - (92 )
As at 31 December 2023 101,451 31,795 2,022 5,360 140,628
Depreciation
As at 1 January 2023 56,808 9,973 664 4,456 71,901
Provided during the period 11,171 5,455 339 226 17,191
Disposals (40 ) - - - (40 )
As at 31 December 2023 67,939 15,428 1,003 4,682 89,052
Net Book Value
As at 31 December 2023 33,512 16,367 1,019 678 51,576
As at 1 January 2023 36,992 21,822 1,358 904 61,076
5. Stocks
2023 2022
£ £
Materials 3,500 3,500
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 454 2,317
Prepayments and accrued income 294 4,277
748 6,594
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7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 4,082 1,596
Corporation tax 31,057 6,722
VAT 4,371 2,844
Other creditors 1,866 1,626
Directors' loan accounts 1,020 1,151
42,396 13,939
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 99 99
9. Dividends
2023 2022
£ £
On equity shares:
Interim dividend paid 103,000 39,000
103,000 39,000
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