Acorah Software Products - Accounts Production 15.0.600 false true true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 12171182 Mrs Kimberly Murray Mr Stuart Murray iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12171182 2022-08-31 12171182 2023-08-31 12171182 2022-09-01 2023-08-31 12171182 frs-core:CurrentFinancialInstruments 2023-08-31 12171182 frs-core:Non-currentFinancialInstruments 2023-08-31 12171182 frs-core:ComputerEquipment 2023-08-31 12171182 frs-core:ComputerEquipment 2022-09-01 2023-08-31 12171182 frs-core:ComputerEquipment 2022-08-31 12171182 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-31 12171182 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-09-01 2023-08-31 12171182 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-08-31 12171182 frs-core:MotorVehicles 2023-08-31 12171182 frs-core:MotorVehicles 2022-09-01 2023-08-31 12171182 frs-core:MotorVehicles 2022-08-31 12171182 frs-core:PlantMachinery 2023-08-31 12171182 frs-core:PlantMachinery 2022-09-01 2023-08-31 12171182 frs-core:PlantMachinery 2022-08-31 12171182 frs-core:ShareCapital 2023-08-31 12171182 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 12171182 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 12171182 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 12171182 frs-bus:SmallEntities 2022-09-01 2023-08-31 12171182 frs-bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 12171182 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 12171182 frs-bus:OrdinaryShareClass1 2022-09-01 2023-08-31 12171182 frs-bus:OrdinaryShareClass1 2023-08-31 12171182 frs-bus:Director1 2022-09-01 2023-08-31 12171182 frs-bus:Director2 2022-09-01 2023-08-31 12171182 frs-countries:EnglandWales 2022-09-01 2023-08-31 12171182 2021-08-31 12171182 2022-08-31 12171182 2021-09-01 2022-08-31 12171182 frs-core:CurrentFinancialInstruments 2022-08-31 12171182 frs-core:Non-currentFinancialInstruments 2022-08-31 12171182 frs-core:ShareCapital 2022-08-31 12171182 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31 12171182 frs-bus:OrdinaryShareClass1 2021-09-01 2022-08-31
Registered number: 12171182
Capital Alpaca Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2023
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Capital Alpaca Ltd for the year ended 31 August 2023
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Capital Alpaca Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Capital Alpaca Ltd , as a body, in accordance with the terms of our engagement letter dated 27 June 2024. Our work has been undertaken solely to prepare for your approval the accounts of Capital Alpaca Ltd and state those matters that we have agreed to state to the directors of Capital Alpaca Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Capital Alpaca Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Capital Alpaca Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Capital Alpaca Ltd . You consider that Capital Alpaca Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Capital Alpaca Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
23rd August 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 12171182
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 563,948 634,942
563,948 634,942
CURRENT ASSETS
Stocks 5 287,463 258,250
Debtors 6 3,927 159,880
Cash at bank and in hand 1,008 2,656
292,398 420,786
Creditors: Amounts Falling Due Within One Year 7 (12,542 ) (24,832 )
NET CURRENT ASSETS (LIABILITIES) 279,856 395,954
TOTAL ASSETS LESS CURRENT LIABILITIES 843,804 1,030,896
Creditors: Amounts Falling Due After More Than One Year 8 (2,078,014 ) (1,959,759 )
NET LIABILITIES (1,234,210 ) (928,863 )
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account (1,234,212 ) (928,865 )
SHAREHOLDERS' FUNDS (1,234,210) (928,863)
Page 2
Page 3
For the year ending 31 August 2023 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 Stuart Murray
Director
23rd August 2024
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Capital Alpaca Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12171182 . The registered office is Little Pethills Farm, Hollin Lane, Sutton, Macclesfield, Cheshire, SK11 0NJ.
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. Going Concern Disclosure
The directors believe that the going concern basis is not appropriate as the company has no realistic alternative but to cease trading. As at 31 August 2023 the company had net liabilities totalling £1,232,118 (2022: £928,863).
2.3. 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.
2.4. 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 10 years
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 33% Straight Line
2.5. 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: 5 (2022: 4)
5 4
Page 4
Page 5
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2022 652,673 129,154 18,140 349 800,316
Additions 42,979 13,362 - - 56,341
Disposals - (58,354 ) (18,140 ) - (76,494 )
As at 31 August 2023 695,652 84,162 - 349 780,163
Depreciation
As at 1 September 2022 105,536 49,002 10,487 349 165,374
Provided during the period 67,443 16,161 1,457 - 85,061
Disposals - (22,276 ) (11,944 ) - (34,220 )
As at 31 August 2023 172,979 42,887 - 349 216,215
Net Book Value
As at 31 August 2023 522,673 41,275 - - 563,948
As at 1 September 2022 547,137 80,152 7,653 - 634,942
5. Stocks
2023 2022
£ £
Stock 287,463 258,250
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 3,927 159,880
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 2,898
Other creditors 11,104 8,261
Taxation and social security 1,438 13,673
12,542 24,832
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 2,078,014 1,959,759
9. Provisions for Liabilities
Page 5
Page 6
10. Share Capital
2023 2022
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1 each 2 2
Page 6