Acorah Software Products - Accounts Production 15.0.600 false true false 12 December 2022 31 December 2023 31 December 2023 14536697 Mr Damien Abraham Mr Matthew Taylor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14536697 2022-12-11 14536697 2023-12-31 14536697 2022-12-12 2023-12-31 14536697 frs-core:CurrentFinancialInstruments 2023-12-31 14536697 frs-core:MotorVehicles 2023-12-31 14536697 frs-core:MotorVehicles 2022-12-12 2023-12-31 14536697 frs-core:MotorVehicles 2022-12-11 14536697 frs-core:ShareCapital 2023-12-31 14536697 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14536697 frs-bus:PrivateLimitedCompanyLtd 2022-12-12 2023-12-31 14536697 frs-bus:FilletedAccounts 2022-12-12 2023-12-31 14536697 frs-bus:SmallEntities 2022-12-12 2023-12-31 14536697 frs-bus:AuditExempt-NoAccountantsReport 2022-12-12 2023-12-31 14536697 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-12 2023-12-31 14536697 frs-bus:Director1 2022-12-12 2023-12-31 14536697 frs-bus:Director2 2022-12-12 2023-12-31 14536697 frs-countries:EnglandWales 2022-12-12 2023-12-31
Registered number: 14536697
Fresh Coat Ltd
Unaudited Financial Statements
For the Period 12 December 2022 to 31 December 2023
MK Accountancy Bristol Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14536697
31 December 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,700
1,700
CURRENT ASSETS
Debtors 5 19,961
Cash at bank and in hand 25
19,986
Creditors: Amounts Falling Due Within One Year 6 (21,309 )
NET CURRENT ASSETS (LIABILITIES) (1,323 )
TOTAL ASSETS LESS CURRENT LIABILITIES 377
NET ASSETS 377
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account 376
SHAREHOLDERS' FUNDS 377
For the period 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 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 Damien Abraham
Director
12/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Fresh Coat Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14536697 . The registered office is Ground Floor Ground Floor, 2 Woodland Way, Bristol, BS15 1QL.
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:
Motor Vehicles 15% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Motor Vehicles
£
Cost
As at 12 December 2022 -
Additions 2,000
As at 31 December 2023 2,000
Depreciation
As at 12 December 2022 -
Provided during the period 300
As at 31 December 2023 300
Net Book Value
As at 31 December 2023 1,700
As at 12 December 2022 -
Page 2
Page 3
5. Debtors
31 December 2023
£
Due within one year
Trade debtors 11,882
Other debtors 8,079
19,961
6. Creditors: Amounts Falling Due Within One Year
31 December 2023
£
Trade creditors 1
Other creditors 21,228
Taxation and social security 80
21,309
7. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 1
Page 3