Acorah Software Products - Accounts Production 15.0.600 false true false 13 March 2023 31 March 2024 31 March 2024 SC761964 Angelo Varese Simone Varese Alessandro Varese Gianluca Varese iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC761964 2023-03-12 SC761964 2024-03-31 SC761964 2023-03-13 2024-03-31 SC761964 frs-core:CurrentFinancialInstruments 2024-03-31 SC761964 frs-core:Non-currentFinancialInstruments 2024-03-31 SC761964 frs-core:ComputerEquipment 2024-03-31 SC761964 frs-core:ComputerEquipment 2023-03-13 2024-03-31 SC761964 frs-core:ComputerEquipment 2023-03-12 SC761964 frs-core:FurnitureFittings 2024-03-31 SC761964 frs-core:FurnitureFittings 2023-03-13 2024-03-31 SC761964 frs-core:FurnitureFittings 2023-03-12 SC761964 frs-core:ShareCapital 2024-03-31 SC761964 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC761964 frs-bus:PrivateLimitedCompanyLtd 2023-03-13 2024-03-31 SC761964 frs-bus:FilletedAccounts 2023-03-13 2024-03-31 SC761964 frs-bus:SmallEntities 2023-03-13 2024-03-31 SC761964 frs-bus:AuditExempt-NoAccountantsReport 2023-03-13 2024-03-31 SC761964 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-13 2024-03-31 SC761964 frs-bus:Director1 2023-03-13 2024-03-31 SC761964 frs-bus:Director2 2023-03-13 2024-03-31 SC761964 frs-bus:Director3 2023-03-13 2024-03-31 SC761964 frs-bus:Director4 2023-03-13 2024-03-31 SC761964 frs-countries:Scotland 2023-03-13 2024-03-31
Registered number: SC761964
Sexy Coffee Ltd
Unaudited Financial Statements
For the Period 13 March 2023 to 31 March 2024
14 Newton Place
Glasgow
G3 7PY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC761964
31 March 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 168,536
168,536
CURRENT ASSETS
Stocks 5 1,805
Cash at bank and in hand 84,160
85,965
Creditors: Amounts Falling Due Within One Year 6 (28,780 )
NET CURRENT ASSETS (LIABILITIES) 57,185
TOTAL ASSETS LESS CURRENT LIABILITIES 225,721
Creditors: Amounts Falling Due After More Than One Year 7 (345,685 )
NET LIABILITIES (119,964 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (120,064 )
SHAREHOLDERS' FUNDS (119,964)
Page 1
Page 2
For the period 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
Gianluca Varese
Director
31/05/2024
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
Sexy Coffee Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC761964 . The registered office is 14 Newton Place, Glasgow, G3 7PY.
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.
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:
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
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 period was: 8
8
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 13 March 2023 - - -
Additions 221,995 2,720 224,715
As at 31 March 2024 221,995 2,720 224,715
Depreciation
As at 13 March 2023 - - -
Provided during the period 55,499 680 56,179
As at 31 March 2024 55,499 680 56,179
Net Book Value
As at 31 March 2024 166,496 2,040 168,536
As at 13 March 2023 - - -
5. Stocks
31 March 2024
£
Stock 1,805
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Page 4
6. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Trade creditors 4,246
Other creditors 3,969
Taxation and social security 20,565
28,780
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2024
£
Amounts owed to participating interests 345,685
8. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 100
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