Acorah Software Products - Accounts Production 15.0.600 true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 11706235 Mr SHIJIAN LIN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11706235 2022-11-30 11706235 2023-11-30 11706235 2022-12-01 2023-11-30 11706235 frs-core:CurrentFinancialInstruments 2023-11-30 11706235 frs-core:Non-currentFinancialInstruments 2023-11-30 11706235 frs-core:FurnitureFittings 2023-11-30 11706235 frs-core:FurnitureFittings 2022-12-01 2023-11-30 11706235 frs-core:FurnitureFittings 2022-11-30 11706235 frs-core:PlantMachinery 2023-11-30 11706235 frs-core:PlantMachinery 2022-12-01 2023-11-30 11706235 frs-core:PlantMachinery 2022-11-30 11706235 frs-core:ShareCapital 2023-11-30 11706235 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11706235 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11706235 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 11706235 frs-bus:SmallEntities 2022-12-01 2023-11-30 11706235 frs-bus:EntityNoLongerTradingButTradedInPast 2022-12-01 2023-11-30 11706235 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11706235 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11706235 frs-bus:Director1 2022-12-01 2023-11-30 11706235 frs-countries:EnglandWales 2022-12-01 2023-11-30 11706235 2021-11-30 11706235 2022-11-30 11706235 2021-12-01 2022-11-30 11706235 frs-core:CurrentFinancialInstruments 2022-11-30 11706235 frs-core:Non-currentFinancialInstruments 2022-11-30 11706235 frs-core:ShareCapital 2022-11-30 11706235 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 11706235
PINK SALMON EXPRESS LTD
Unaudited Financial Statements
For The Year Ended 30 November 2023
TEA & CO.
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11706235
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 52,000 52,000
Cash at bank and in hand 824 824
52,824 52,824
Creditors: Amounts Falling Due Within One Year 6 (9,923 ) (9,923 )
NET CURRENT ASSETS (LIABILITIES) 42,901 42,901
TOTAL ASSETS LESS CURRENT LIABILITIES 42,901 42,901
Creditors: Amounts Falling Due After More Than One Year 7 (41,000 ) (41,000 )
NET ASSETS 1,901 1,901
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 1,899 1,899
SHAREHOLDERS' FUNDS 1,901 1,901
Page 1
Page 2
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 SHIJIAN LIN
Director
31/08/2024
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
PINK SALMON EXPRESS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11706235 . The registered office is THE CONCESSION, UNIT 34 MECURY MALL, MERCURY GARDENS, ROMFORD, RM1 3EE.
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. 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 25% straight line basis
Fixtures & Fittings 25% straight line basis
2.3. 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 year 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 asset reflects 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 December 2022 7,315 599 7,914
As at 30 November 2023 7,315 599 7,914
Depreciation
As at 1 December 2022 7,315 599 7,914
As at 30 November 2023 7,315 599 7,914
...CONTINUED
Page 3
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Net Book Value
As at 30 November 2023 - - -
As at 1 December 2022 - - -
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 52,000 52,000
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 1,866 1,866
Director's loan account 8,057 8,057
9,923 9,923
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 41,000 41,000
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
Page 4