Acorah Software Products - Accounts Production 15.0.500 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11279486 Mr Ryan McMahon Mr Daniel Murphy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11279486 2023-03-31 11279486 2024-03-31 11279486 2023-04-01 2024-03-31 11279486 frs-core:CurrentFinancialInstruments 2024-03-31 11279486 frs-core:Non-currentFinancialInstruments 2024-03-31 11279486 frs-core:ShareCapital 2024-03-31 11279486 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11279486 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11279486 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11279486 frs-bus:SmallEntities 2023-04-01 2024-03-31 11279486 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11279486 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11279486 frs-bus:Director1 2023-04-01 2024-03-31 11279486 frs-bus:Director2 2023-04-01 2024-03-31 11279486 frs-countries:EnglandWales 2023-04-01 2024-03-31 11279486 2022-03-31 11279486 2023-03-31 11279486 2022-04-01 2023-03-31 11279486 frs-core:CurrentFinancialInstruments 2023-03-31 11279486 frs-core:Non-currentFinancialInstruments 2023-03-31 11279486 frs-core:ShareCapital 2023-03-31 11279486 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11279486
Innovative Cocktails Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 11279486
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 2,500 2,500
Cash at bank and in hand 5,368 10,317
7,868 12,817
Creditors: Amounts Falling Due Within One Year 5 (7,752 ) (1,674 )
NET CURRENT ASSETS (LIABILITIES) 116 11,143
TOTAL ASSETS LESS CURRENT LIABILITIES 116 11,143
Creditors: Amounts Falling Due After More Than One Year 6 (11,065 ) (20,000 )
NET LIABILITIES (10,949 ) (8,857 )
CAPITAL AND RESERVES
Called up share capital 7 1,500 1,500
Profit and Loss Account (12,449 ) (10,357 )
SHAREHOLDERS' FUNDS (10,949) (8,857)
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 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 Ryan McMahon
Director
19/08/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Innovative Cocktails Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11279486 . The registered office is 48 Berry Street Berry Street, Liverpool, L1 4JQ.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
4. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 2,500 2,500
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Bank loans and overdrafts 6,077 -
Other creditors 1,674 1,674
7,752 1,674
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 11,065 20,000
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,500 1,500
Page 2