Acorah Software Products - Accounts Production 15.0.500 false true 31 July 2023 1 October 2022 false 1 August 2023 31 July 2024 31 July 2024 13621317 Mr Yusuf Ali Mr Murtaza Pattherwala iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13621317 2023-07-31 13621317 2024-07-31 13621317 2023-08-01 2024-07-31 13621317 frs-core:CurrentFinancialInstruments 2024-07-31 13621317 frs-core:ComputerEquipment 2024-07-31 13621317 frs-core:ComputerEquipment 2023-08-01 2024-07-31 13621317 frs-core:ComputerEquipment 2023-07-31 13621317 frs-core:FurnitureFittings 2024-07-31 13621317 frs-core:FurnitureFittings 2023-08-01 2024-07-31 13621317 frs-core:FurnitureFittings 2023-07-31 13621317 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 13621317 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 13621317 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-31 13621317 frs-core:PlantMachinery 2024-07-31 13621317 frs-core:PlantMachinery 2023-08-01 2024-07-31 13621317 frs-core:PlantMachinery 2023-07-31 13621317 frs-core:ShareCapital 2024-07-31 13621317 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 13621317 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 13621317 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 13621317 frs-bus:SmallEntities 2023-08-01 2024-07-31 13621317 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 13621317 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 13621317 frs-bus:Director1 2023-08-01 2024-07-31 13621317 frs-bus:Director2 2023-08-01 2024-07-31 13621317 frs-core:CurrentFinancialInstruments 1 2024-07-31 13621317 frs-countries:EnglandWales 2023-08-01 2024-07-31 13621317 2022-09-30 13621317 2023-07-31 13621317 2022-10-01 2023-07-31 13621317 frs-core:CurrentFinancialInstruments 2023-07-31 13621317 frs-core:ShareCapital 2023-07-31 13621317 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 13621317 frs-core:CurrentFinancialInstruments 1 2023-07-31
Registered number: 13621317
The Green Cocoa Lab Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13621317
31 July 2024 31 July 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 282,976 296,513
282,976 296,513
CURRENT ASSETS
Debtors 5 - 12,155
Cash at bank and in hand 16,458 21
16,458 12,176
Creditors: Amounts Falling Due Within One Year 6 (805,883 ) (707,639 )
NET CURRENT ASSETS (LIABILITIES) (789,425 ) (695,463 )
TOTAL ASSETS LESS CURRENT LIABILITIES (506,449 ) (398,950 )
NET LIABILITIES (506,449 ) (398,950 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (506,549 ) (399,050 )
SHAREHOLDERS' FUNDS (506,449) (398,950)
Page 1
Page 2
For the year ending 31 July 2024 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
Mr Yusuf Ali
Director
Mr Murtaza Pattherwala
Director
01/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Green Cocoa Lab Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13621317 . The registered office is 78 HIGH STREET, NEWPORT PAGNELL, ENGLAND, MK16 8AQ.
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 NA
Plant & Machinery 25% SLM
Fixtures & Fittings 25% SLM
Computer Equipment 25% SLM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 7)
7 7
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2023 262,908 31,432 20,924 5,789 321,053
Additions - - - 1,333 1,333
As at 31 July 2024 262,908 31,432 20,924 7,122 322,386
Depreciation
As at 1 August 2023 - 11,485 10,462 2,593 24,540
Provided during the period - 7,859 5,231 1,780 14,870
As at 31 July 2024 - 19,344 15,693 4,373 39,410
Net Book Value
As at 31 July 2024 262,908 12,088 5,231 2,749 282,976
As at 1 August 2023 262,908 19,947 10,462 3,196 296,513
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Page 4
5. Debtors
31 July 2024 31 July 2023
£ £
Due within one year
VAT - 12,155
6. Creditors: Amounts Falling Due Within One Year
31 July 2024 31 July 2023
£ £
Other taxes and social security 2,443 380
VAT 305 -
Net wages - 7,002
Other creditors (1) 12,700 -
Directors' loan accounts 790,435 700,257
805,883 707,639
7. Share Capital
31 July 2024 31 July 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4