Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 04730275 Ms C Smith Ms C Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04730275 2022-12-31 04730275 2023-12-31 04730275 2023-01-01 2023-12-31 04730275 frs-core:CurrentFinancialInstruments 2023-12-31 04730275 frs-core:Non-currentFinancialInstruments 2023-12-31 04730275 frs-core:ComputerEquipment 2023-12-31 04730275 frs-core:ComputerEquipment 2023-01-01 2023-12-31 04730275 frs-core:ComputerEquipment 2022-12-31 04730275 frs-core:FurnitureFittings 2023-12-31 04730275 frs-core:FurnitureFittings 2023-01-01 2023-12-31 04730275 frs-core:FurnitureFittings 2022-12-31 04730275 frs-core:PlantMachinery 2023-12-31 04730275 frs-core:PlantMachinery 2023-01-01 2023-12-31 04730275 frs-core:PlantMachinery 2022-12-31 04730275 frs-core:ShareCapital 2023-12-31 04730275 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04730275 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04730275 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04730275 frs-bus:SmallEntities 2023-01-01 2023-12-31 04730275 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04730275 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04730275 frs-bus:Director1 2023-01-01 2023-12-31 04730275 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 04730275 frs-countries:EnglandWales 2023-01-01 2023-12-31 04730275 2021-12-31 04730275 2022-12-31 04730275 2022-01-01 2022-12-31 04730275 frs-core:CurrentFinancialInstruments 2022-12-31 04730275 frs-core:Non-currentFinancialInstruments 2022-12-31 04730275 frs-core:ShareCapital 2022-12-31 04730275 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 04730275
All In The Mix Limited
Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04730275
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 134 179
134 179
CURRENT ASSETS
Stocks 5 12,230 14,520
Debtors 6 3,164 3,164
Cash at bank and in hand 18,577 15,469
33,971 33,153
Creditors: Amounts Falling Due Within One Year 7 (25,785 ) (23,056 )
NET CURRENT ASSETS (LIABILITIES) 8,186 10,097
TOTAL ASSETS LESS CURRENT LIABILITIES 8,320 10,276
Creditors: Amounts Falling Due After More Than One Year 8 (7,145 ) (10,008 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13 ) (19 )
NET ASSETS 1,162 249
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 1,062 149
SHAREHOLDERS' FUNDS 1,162 249
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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
Ms C Smith
Director
20 August 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
All In The Mix Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04730275 . The registered office is 550 Valley Road, Basford Nottingham, Nottinghamshire, NG5 1JJ.
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 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 3)
4 3
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 5,122 610 3,309 9,041
As at 31 December 2023 5,122 610 3,309 9,041
Depreciation
As at 1 January 2023 5,098 610 3,154 8,862
Provided during the period 6 - 39 45
As at 31 December 2023 5,104 610 3,193 8,907
Net Book Value
As at 31 December 2023 18 - 116 134
As at 1 January 2023 24 - 155 179
5. Stocks
2023 2022
£ £
Stock 12,230 14,520
6. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 3,164 3,164
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 15,998 14,007
Bank loans and overdrafts 2,859 2,854
Corporation tax 2,086 572
VAT 2,166 2,291
Accruals and deferred income 653 653
Director's loan account 2,023 2,679
25,785 23,056
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 7,145 10,008
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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10. Related Party Transactions
At the balance sheet date, the company owed the director £2,023 (2022:£2,679). This amount is unsecured, interest free, with no fixed repayment date.
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