Acorah Software Products - Accounts Production 15.0.600 false true 29 April 2023 30 April 2022 false 30 April 2023 29 April 2024 29 April 2024 11302942 Mr Clive Jackson-Wilding Mrs Helen Jackson-Wilding Mr Edward Jackson-Wilding iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11302942 2023-04-29 11302942 2024-04-29 11302942 2023-04-30 2024-04-29 11302942 frs-core:CurrentFinancialInstruments 2024-04-29 11302942 frs-core:Non-currentFinancialInstruments 2024-04-29 11302942 frs-core:ComputerEquipment 2024-04-29 11302942 frs-core:ComputerEquipment 2023-04-30 2024-04-29 11302942 frs-core:ComputerEquipment 2023-04-29 11302942 frs-core:PlantMachinery 2024-04-29 11302942 frs-core:PlantMachinery 2023-04-30 2024-04-29 11302942 frs-core:PlantMachinery 2023-04-29 11302942 frs-core:ShareCapital 2024-04-29 11302942 frs-core:RetainedEarningsAccumulatedLosses 2024-04-29 11302942 frs-bus:PrivateLimitedCompanyLtd 2023-04-30 2024-04-29 11302942 frs-bus:FilletedAccounts 2023-04-30 2024-04-29 11302942 frs-bus:SmallEntities 2023-04-30 2024-04-29 11302942 frs-bus:AuditExempt-NoAccountantsReport 2023-04-30 2024-04-29 11302942 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-30 2024-04-29 11302942 frs-bus:Director1 2023-04-30 2024-04-29 11302942 frs-bus:Director2 2023-04-30 2024-04-29 11302942 frs-bus:Director3 2023-04-30 2024-04-29 11302942 frs-countries:EnglandWales 2023-04-30 2024-04-29 11302942 2022-04-29 11302942 2023-04-29 11302942 2022-04-30 2023-04-29 11302942 frs-core:CurrentFinancialInstruments 2023-04-29 11302942 frs-core:Non-currentFinancialInstruments 2023-04-29 11302942 frs-core:ShareCapital 2023-04-29 11302942 frs-core:RetainedEarningsAccumulatedLosses 2023-04-29
Registered number: 11302942
Sweetpea Catering Ltd
Unaudited Financial Statements
For The Year Ended 29 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11302942
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 813 1,498
813 1,498
CURRENT ASSETS
Stocks 5 1,100 1,100
Debtors 6 66,281 49,804
Cash at bank and in hand 7,008 6,486
74,389 57,390
Creditors: Amounts Falling Due Within One Year 7 (60,277 ) (40,366 )
NET CURRENT ASSETS (LIABILITIES) 14,112 17,024
TOTAL ASSETS LESS CURRENT LIABILITIES 14,925 18,522
Creditors: Amounts Falling Due After More Than One Year 8 (14,203 ) (18,088 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (154 ) (285 )
NET ASSETS 568 149
CAPITAL AND RESERVES
Called up share capital 9 102 102
Profit and Loss Account 466 47
SHAREHOLDERS' FUNDS 568 149
Page 1
Page 2
For the year ending 29 April 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
Mrs Helen Jackson-Wilding
Director
27/08/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sweetpea Catering Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11302942 . The registered office is 40 Belvedere Road, Bowerhill, Melksham, Wiltshire, SN12 6AJ.
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. 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 over 5 years
Computer Equipment over 3 years
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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 7)
12 7
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 30 April 2023 1,976 994 2,970
As at 29 April 2024 1,976 994 2,970
Depreciation
As at 30 April 2023 768 704 1,472
Provided during the period 395 290 685
As at 29 April 2024 1,163 994 2,157
Net Book Value
As at 29 April 2024 813 - 813
As at 30 April 2023 1,208 290 1,498
5. Stocks
2024 2023
£ £
Finished goods 1,100 1,100
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 22,391 14,009
Prepayments and accrued income 1,050 -
Other debtors 652 -
Directors' loan accounts 42,188 35,795
66,281 49,804
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 13,786 12,067
Bank loans and overdrafts 3,900 8,382
Corporation tax 15,117 10,434
Other taxes and social security 8,374 1,849
VAT 14,110 6,134
Accruals and deferred income 2,187 1,500
Directors' loan accounts 2,803 -
60,277 40,366
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 14,203 18,088
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 102 102
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