Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 8 December 2021 false 1 January 2023 31 December 2023 31 December 2023 13789195 Mrs Shruti Prasher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13789195 2022-12-31 13789195 2023-12-31 13789195 2023-01-01 2023-12-31 13789195 frs-core:CurrentFinancialInstruments 2023-12-31 13789195 frs-core:Non-currentFinancialInstruments 2023-12-31 13789195 frs-core:ComputerEquipment 2023-12-31 13789195 frs-core:ComputerEquipment 2023-01-01 2023-12-31 13789195 frs-core:ComputerEquipment 2022-12-31 13789195 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 13789195 frs-core:FurnitureFittings 2023-12-31 13789195 frs-core:FurnitureFittings 2023-01-01 2023-12-31 13789195 frs-core:FurnitureFittings 2022-12-31 13789195 frs-core:OtherResidualIntangibleAssets 2023-12-31 13789195 frs-core:OtherResidualIntangibleAssets 2023-01-01 2023-12-31 13789195 frs-core:OtherResidualIntangibleAssets 2022-12-31 13789195 frs-core:ShareCapital 2023-12-31 13789195 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13789195 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13789195 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13789195 frs-bus:SmallEntities 2023-01-01 2023-12-31 13789195 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13789195 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13789195 frs-bus:Director1 2023-01-01 2023-12-31 13789195 frs-countries:EnglandWales 2023-01-01 2023-12-31 13789195 2021-12-07 13789195 2022-12-31 13789195 2021-12-08 2022-12-31 13789195 frs-core:CurrentFinancialInstruments 2022-12-31 13789195 frs-core:Non-currentFinancialInstruments 2022-12-31 13789195 frs-core:ShareCapital 2022-12-31 13789195 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13789195
RK CAKES LTD
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13789195
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,960 4,455
Tangible Assets 5 77,118 96,398
81,078 100,853
CURRENT ASSETS
Stocks 6 22,370 16,190
Debtors 7 2,823 29,875
Cash at bank and in hand 27,271 3,778
52,464 49,843
Creditors: Amounts Falling Due Within One Year 8 (6,793 ) (40,388 )
NET CURRENT ASSETS (LIABILITIES) 45,671 9,455
TOTAL ASSETS LESS CURRENT LIABILITIES 126,749 110,308
Creditors: Amounts Falling Due After More Than One Year 9 (94,033 ) (110,000 )
NET ASSETS 32,716 308
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 32,616 208
SHAREHOLDERS' FUNDS 32,716 308
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 her 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 Shruti Prasher
Director
18/07/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
RK CAKES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13789195 . The registered office is Unit A, Alpha House, Peacock Street, Gravesend , Kent, DA12 1DW.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are franchise fees. It is amortised to profit and loss account over its estimated economic life of 10 years.
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:
Fixtures & Fittings 20% Reducing balance
Computer Equipment 20% Reducing balance
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: 4 (2022: 4)
4 4
4. Intangible Assets
Other
£
Cost
As at 1 January 2023 4,950
As at 31 December 2023 4,950
...CONTINUED
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Amortisation
As at 1 January 2023 495
Provided during the period 495
As at 31 December 2023 990
Net Book Value
As at 31 December 2023 3,960
As at 1 January 2023 4,455
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 110,620 9,877 120,497
As at 31 December 2023 110,620 9,877 120,497
Depreciation
As at 1 January 2023 22,124 1,975 24,099
Provided during the period 17,699 1,581 19,280
As at 31 December 2023 39,823 3,556 43,379
Net Book Value
As at 31 December 2023 70,797 6,321 77,118
As at 1 January 2023 88,496 7,902 96,398
6. Stocks
31 December 2023 31 December 2022
£ £
Stock 22,370 16,190
7. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
VAT 2,823 29,875
2,823 29,875
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8. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Trade creditors 1,136 38,128
Other taxes and social security - 100
Net wages 2,397 -
Accruals and deferred income 3,260 2,160
6,793 40,388
9. Creditors: Amounts Falling Due After More Than One Year
31 December 2023 31 December 2022
£ £
Other creditors 64,033 80,000
Directors loan account 30,000 30,000
94,033 110,000
10. Share Capital
31 December 2023 31 December 2022
£ £
Allotted, Called up and fully paid 100 100
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