Company Registration No. SC434525 (Scotland)
Agora Greek Delicacies Ltd
Unaudited accounts
for the year ended 31 October 2023
Agora Greek Delicacies Ltd
Unaudited accounts
Contents
Agora Greek Delicacies Ltd
Company Information
for the year ended 31 October 2023
Directors
Michail Sofianos
Christina Lyropoulou
Company Number
SC434525 (Scotland)
Registered Office
4th Floor, 176 Bath Street
Glasgow
G2 4HG
Accountants
TaxKings Ltd
4th Floor, 176 Bath Street
Glasgow
G2 4HG
Agora Greek Delicacies Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
31,512
34,368
Inventories
376,991
134,122
Cash at bank and in hand
44,948
22,472
Creditors: amounts falling due within one year
(214,079)
(101,852)
Net current assets
259,886
242,857
Total assets less current liabilities
291,398
277,225
Creditors: amounts falling due after more than one year
-
(15,845)
Net assets
291,398
261,380
Called up share capital
100
100
Profit and loss account
291,298
261,280
Shareholders' funds
291,398
261,380
For the year ending 31 October 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Michail Sofianos
Director
Company Registration No. SC434525
Agora Greek Delicacies Ltd
Notes to the Accounts
for the year ended 31 October 2023
Agora Greek Delicacies Ltd is a private company, limited by shares, registered in Scotland, registration number SC434525. The registered office is 4th Floor, 176 Bath Street, Glasgow, G2 4HG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Motor vehicles
20% on cost
Fixtures & fittings
20% on cost
Computer equipment
33.33% on cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2022
3,642
60,428
4,985
10,840
79,895
Additions
-
16,750
-
-
16,750
At 31 October 2023
3,642
77,178
4,985
10,840
96,645
At 1 November 2022
2,883
31,546
4,205
6,893
45,527
Charge for the year
190
15,059
780
3,577
19,606
At 31 October 2023
3,073
46,605
4,985
10,470
65,133
At 31 October 2023
569
30,573
-
370
31,512
At 31 October 2022
759
28,882
780
3,947
34,368
Agora Greek Delicacies Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
43,401
163,426
Accrued income and prepayments
-
16,064
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
45,435
13,267
Trade creditors
137,354
27,554
Taxes and social security
15,407
25,728
Other creditors
1,730
1,544
Loans from directors
14,727
37,010
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
15,845
8
Average number of employees
During the year the average number of employees was 15 (2022: 15).