Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 08287160 Mr Steven Fairman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08287160 2022-11-30 08287160 2023-11-30 08287160 2022-12-01 2023-11-30 08287160 frs-core:CurrentFinancialInstruments 2023-11-30 08287160 frs-core:Non-currentFinancialInstruments 2023-11-30 08287160 frs-core:MotorVehicles 2023-11-30 08287160 frs-core:MotorVehicles 2022-12-01 2023-11-30 08287160 frs-core:MotorVehicles 2022-11-30 08287160 frs-core:PlantMachinery 2023-11-30 08287160 frs-core:PlantMachinery 2022-12-01 2023-11-30 08287160 frs-core:PlantMachinery 2022-11-30 08287160 frs-core:ShareCapital 2023-11-30 08287160 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 08287160 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08287160 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 08287160 frs-bus:SmallEntities 2022-12-01 2023-11-30 08287160 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 08287160 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 08287160 frs-bus:Director1 2022-12-01 2023-11-30 08287160 frs-countries:EnglandWales 2022-12-01 2023-11-30 08287160 2021-11-30 08287160 2022-11-30 08287160 2021-12-01 2022-11-30 08287160 frs-core:CurrentFinancialInstruments 2022-11-30 08287160 frs-core:Non-currentFinancialInstruments 2022-11-30 08287160 frs-core:ShareCapital 2022-11-30 08287160 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 08287160
Picnic and Cake Box Company Limited
Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08287160
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,944 62
8,944 62
CURRENT ASSETS
Stocks 5 9,758 7,865
Debtors 6 212 1,214
Cash at bank and in hand 29,238 32,204
39,208 41,283
Creditors: Amounts Falling Due Within One Year 7 (50,692 ) (32,177 )
NET CURRENT ASSETS (LIABILITIES) (11,484 ) 9,106
TOTAL ASSETS LESS CURRENT LIABILITIES (2,540 ) 9,168
Creditors: Amounts Falling Due After More Than One Year 8 (3,593 ) (4,063 )
NET (LIABILITIES)/ASSETS (6,133 ) 5,105
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (6,233 ) 5,005
SHAREHOLDERS' FUNDS (6,133) 5,105
Page 1
Page 2
For the year ending 30 November 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 Steven Fairman
Director
12 August 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
Picnic and Cake Box Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08287160 . The registered office is 15 The Broadway, Woodford Green, Essex, IG8 0HL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Sales, marketing and distribution 1 1
1 1
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 December 2022 984 - 984
Additions - 10,417 10,417
As at 30 November 2023 984 10,417 11,401
Depreciation
As at 1 December 2022 922 - 922
Provided during the period 16 1,519 1,535
As at 30 November 2023 938 1,519 2,457
Net Book Value
As at 30 November 2023 46 8,898 8,944
As at 1 December 2022 62 - 62
5. Stocks
2023 2022
£ £
Materials 9,758 7,865
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 212 -
Other debtors - 1,030
Other taxes and social security - 184
212 1,214
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 2,280 -
Other loans 13,983 -
Other taxes and social security 110 -
Accruals and deferred income 1,250 975
Director's loan account 33,069 31,202
50,692 32,177
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8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 3,593 4,063
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5