Acorah Software Products - Accounts Production 14.6.300 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 11614346 Mr Ishfaq Ahmed Mr Ishfaq Ahmed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11614346 2022-10-31 11614346 2023-10-31 11614346 2022-11-01 2023-10-31 11614346 frs-core:CurrentFinancialInstruments 2023-10-31 11614346 frs-core:Non-currentFinancialInstruments 2023-10-31 11614346 frs-core:ComputerEquipment 2023-10-31 11614346 frs-core:ComputerEquipment 2022-11-01 2023-10-31 11614346 frs-core:ComputerEquipment 2022-10-31 11614346 frs-core:FurnitureFittings 2023-10-31 11614346 frs-core:FurnitureFittings 2022-11-01 2023-10-31 11614346 frs-core:FurnitureFittings 2022-10-31 11614346 frs-core:PlantMachinery 2023-10-31 11614346 frs-core:PlantMachinery 2022-11-01 2023-10-31 11614346 frs-core:PlantMachinery 2022-10-31 11614346 frs-core:ShareCapital 2023-10-31 11614346 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 11614346 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 11614346 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 11614346 frs-bus:SmallEntities 2022-11-01 2023-10-31 11614346 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 11614346 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 11614346 frs-bus:Director1 2022-11-01 2023-10-31 11614346 frs-bus:CompanySecretary1 2022-11-01 2023-10-31 11614346 frs-countries:EnglandWales 2022-11-01 2023-10-31 11614346 2021-10-31 11614346 2022-10-31 11614346 2021-11-01 2022-10-31 11614346 frs-core:CurrentFinancialInstruments 2022-10-31 11614346 frs-core:Non-currentFinancialInstruments 2022-10-31 11614346 frs-core:ShareCapital 2022-10-31 11614346 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 11614346
Heavenly Desserts Manchester Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11614346
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 118,985 212,725
118,985 212,725
CURRENT ASSETS
Stocks 5 13,227 12,593
Debtors 6 346,943 62,537
Cash at bank and in hand 14,936 244,349
375,106 319,479
Creditors: Amounts Falling Due Within One Year 7 (540,916 ) (442,947 )
NET CURRENT ASSETS (LIABILITIES) (165,810 ) (123,468 )
TOTAL ASSETS LESS CURRENT LIABILITIES (46,825 ) 89,257
Creditors: Amounts Falling Due After More Than One Year 8 (32,463 ) (40,435 )
NET (LIABILITIES)/ASSETS (79,288 ) 48,822
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (79,388 ) 48,722
SHAREHOLDERS' FUNDS (79,288) 48,822
Page 1
Page 2
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 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 Ishfaq Ahmed
Director
31/07/2024
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
Heavenly Desserts Manchester Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11614346 . The registered office is 50 Park Lane, Great Harwood, BB6 7RF.
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% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
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 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 23 (2022: 22)
23 22
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2022 52,735 327,898 11,806 392,439
Additions - 5,750 - 5,750
As at 31 October 2023 52,735 333,648 11,806 398,189
Depreciation
As at 1 November 2022 20,006 153,805 5,903 179,714
Provided during the period 13,184 83,355 2,951 99,490
As at 31 October 2023 33,190 237,160 8,854 279,204
Net Book Value
As at 31 October 2023 19,545 96,488 2,952 118,985
As at 1 November 2022 32,729 174,093 5,903 212,725
5. Stocks
2023 2022
£ £
Stock 13,227 12,593
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 32,455 32,455
Prepayments and accrued income 18,908 30,521
Other debtors 296,253 -
Pension scheme prepayments (673 ) (439 )
346,943 62,537
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 15,492 30,206
Bank loans and overdrafts 6,377 -
Corporation tax - 9,163
Other taxes and social security 1,845 3,302
VAT 29,124 32,045
Net wages - 376
Other creditors 389,914 291,575
Accruals and deferred income 97,734 76,000
Director's loan account 430 280
540,916 442,947
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 32,463 40,435
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5