Acorah Software Products - Accounts Production 15.0.400 false true false 1 December 2022 30 November 2023 30 November 2023 11044793 Mr Edward Barrett Mr David Barrett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11044793 2022-11-30 11044793 2023-11-30 11044793 2022-12-01 2023-11-30 11044793 frs-core:CurrentFinancialInstruments 2023-11-30 11044793 frs-core:ShareCapital 2023-11-30 11044793 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11044793 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11044793 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 11044793 frs-bus:SmallEntities 2022-12-01 2023-11-30 11044793 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11044793 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11044793 frs-bus:Director1 2022-12-01 2023-11-30 11044793 frs-bus:Director2 2022-12-01 2023-11-30 11044793 frs-core:CurrentFinancialInstruments 1 2023-11-30 11044793 frs-countries:EnglandWales 2022-12-01 2023-11-30
Registered number: 11044793
Gloriously Vegan Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11044793
2023
Notes £ £
CURRENT ASSETS
Debtors 4 112,653
Cash at bank and in hand 95,376
208,029
Creditors: Amounts Falling Due Within One Year 5 (189,814 )
NET CURRENT ASSETS (LIABILITIES) 18,215
TOTAL ASSETS LESS CURRENT LIABILITIES 18,215
NET ASSETS 18,215
CAPITAL AND RESERVES
Called up share capital 6 100
Profit and Loss Account 18,115
SHAREHOLDERS' FUNDS 18,215
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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 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 Edward Barrett
Director
26/02/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Gloriously Vegan Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11044793 . The registered office is 141 Bunning Way, London, N7 9UW.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
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4. Debtors
2023
£
Due within one year
Inventory 112,237
Stripe Reserved Balances 416
112,653
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5. Creditors: Amounts Falling Due Within One Year
2023
£
Trade creditors 51,140
Bank loans and overdrafts 12,957
Conquer Marketing Ltd. Loan 28,540
Corporation tax 413
Rounding (25 )
Directors' loan accounts 96,789
189,814
6. Share Capital
2023
£
Allotted, Called up and fully paid 100
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