Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 November 2022 false 1 April 2023 31 March 2024 31 March 2024 08015791 D Levy A Levy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08015791 2023-03-31 08015791 2024-03-31 08015791 2023-04-01 2024-03-31 08015791 frs-core:CurrentFinancialInstruments 2024-03-31 08015791 frs-core:Non-currentFinancialInstruments 2024-03-31 08015791 frs-core:BetweenOneFiveYears 2024-03-31 08015791 frs-core:ComputerEquipment 2024-03-31 08015791 frs-core:ComputerEquipment 2023-04-01 2024-03-31 08015791 frs-core:ComputerEquipment 2023-03-31 08015791 frs-core:FurnitureFittings 2024-03-31 08015791 frs-core:FurnitureFittings 2023-04-01 2024-03-31 08015791 frs-core:FurnitureFittings 2023-03-31 08015791 frs-core:NetGoodwill 2024-03-31 08015791 frs-core:NetGoodwill 2023-04-01 2024-03-31 08015791 frs-core:NetGoodwill 2023-03-31 08015791 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 08015791 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 08015791 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 08015791 frs-core:MotorVehicles 2024-03-31 08015791 frs-core:MotorVehicles 2023-04-01 2024-03-31 08015791 frs-core:MotorVehicles 2023-03-31 08015791 frs-core:PlantMachinery 2024-03-31 08015791 frs-core:PlantMachinery 2023-04-01 2024-03-31 08015791 frs-core:PlantMachinery 2023-03-31 08015791 frs-core:WithinOneYear 2024-03-31 08015791 frs-core:ShareCapital 2024-03-31 08015791 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08015791 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08015791 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08015791 frs-bus:SmallEntities 2023-04-01 2024-03-31 08015791 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08015791 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08015791 frs-bus:Director1 2023-04-01 2024-03-31 08015791 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 08015791 frs-countries:EnglandWales 2023-04-01 2024-03-31 08015791 2022-10-31 08015791 2023-03-31 08015791 2022-11-01 2023-03-31 08015791 frs-core:CurrentFinancialInstruments 2023-03-31 08015791 frs-core:Non-currentFinancialInstruments 2023-03-31 08015791 frs-core:BetweenOneFiveYears 2023-03-31 08015791 frs-core:WithinOneYear 2023-03-31 08015791 frs-core:ShareCapital 2023-03-31 08015791 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08015791
Eat A Pitta Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08015791
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 637,895 400,036
637,895 400,036
CURRENT ASSETS
Stocks 6 55,823 75,962
Debtors 7 150,657 109,015
Cash at bank and in hand 33,983 136,826
240,463 321,803
Creditors: Amounts Falling Due Within One Year 8 (171,176 ) (153,840 )
NET CURRENT ASSETS (LIABILITIES) 69,287 167,963
TOTAL ASSETS LESS CURRENT LIABILITIES 707,182 567,999
Creditors: Amounts Falling Due After More Than One Year 9 (91,659 ) (32,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (74,227 ) (74,227 )
NET ASSETS 541,296 461,272
CAPITAL AND RESERVES
Called up share capital 11 1 1
Profit and Loss Account 541,295 461,271
SHAREHOLDERS' FUNDS 541,296 461,272
Page 1
Page 2
For the year ending 31 March 2024 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
D Levy
Director
14 August 2024
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Eat A Pitta Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08015791 . The registered office is Unit 9 Newbridge Trading Estate, Newbridge Close, Bristol, BS4 4AX.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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 2% straight line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 33.33% reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.8. 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.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 91 (2023: 85)
91 85
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 160,000
As at 31 March 2024 160,000
Amortisation
As at 1 April 2023 160,000
As at 31 March 2024 160,000
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2023 301,785 357,848 28,185 55,471
Additions 213,799 28,692 31,754 2,458
Disposals - - (7,833 ) -
As at 31 March 2024 515,584 386,540 52,106 57,929
Depreciation
As at 1 April 2023 25,776 258,109 13,117 50,072
Provided during the period 6,510 28,131 6,914 1,759
Disposals - - (5,961 ) -
As at 31 March 2024 32,286 286,240 14,070 51,831
Net Book Value
As at 31 March 2024 483,298 100,300 38,036 6,098
As at 1 April 2023 276,009 99,739 15,068 5,399
Computer Equipment Total
£ £
Cost
As at 1 April 2023 18,087 761,376
Additions 8,403 285,106
Disposals - (7,833 )
As at 31 March 2024 26,490 1,038,649
Depreciation
As at 1 April 2023 14,266 361,340
Provided during the period 2,061 45,375
Disposals - (5,961 )
As at 31 March 2024 16,327 400,754
Net Book Value
As at 31 March 2024 10,163 637,895
As at 1 April 2023 3,821 400,036
6. Stocks
31 March 2024 31 March 2023
£ £
Stock 55,823 -
Materials - 75,962
55,823 75,962
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7. Debtors
31 March 2024 31 March 2023
£ £
Due within one year
Trade debtors 38,448 5,565
Prepayments and accrued income 16,258 49,342
Other debtors 32,310 32,310
VAT 23,641 21,798
Amounts owed by group undertakings 40,000 -
150,657 109,015
8. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Net obligations under finance lease and hire purchase contracts 12,430 (200 )
Trade creditors 111,364 127,509
Bank loans and overdrafts 29,167 -
Other taxes and social security 15,965 14,705
Other creditors 2,230 3,392
Accruals and deferred income - 8,372
Director's loan account 20 62
171,176 153,840
9. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 31 March 2023
£ £
Net obligations under finance lease and hire purchase contracts 15,196 -
Bank loans 76,463 32,500
91,659 32,500
10. Obligations Under Finance Leases and Hire Purchase
31 March 2024 31 March 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 12,430 (200 )
Later than one year and not later than five years 15,196 -
27,626 (200 )
27,626 (200 )
11. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 1 1
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