Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2023 1 October 2022 false 1 January 2024 20 August 2024 20 August 2024 09793852 Mr Milaim Zenelaj iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09793852 2023-12-31 09793852 2024-08-20 09793852 2024-01-01 2024-08-20 09793852 frs-core:CurrentFinancialInstruments 2024-08-20 09793852 frs-core:ComputerEquipment 2024-08-20 09793852 frs-core:ComputerEquipment 2024-01-01 2024-08-20 09793852 frs-core:ComputerEquipment 2023-12-31 09793852 frs-core:FurnitureFittings 2024-08-20 09793852 frs-core:FurnitureFittings 2024-01-01 2024-08-20 09793852 frs-core:FurnitureFittings 2023-12-31 09793852 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-08-20 09793852 frs-core:PlantMachinery 2024-08-20 09793852 frs-core:PlantMachinery 2024-01-01 2024-08-20 09793852 frs-core:PlantMachinery 2023-12-31 09793852 frs-core:ShareCapital 2024-08-20 09793852 frs-core:RetainedEarningsAccumulatedLosses 2024-08-20 09793852 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-08-20 09793852 frs-bus:FilletedAccounts 2024-01-01 2024-08-20 09793852 frs-bus:SmallEntities 2024-01-01 2024-08-20 09793852 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-08-20 09793852 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-08-20 09793852 frs-bus:Director1 2024-01-01 2024-08-20 09793852 frs-bus:Director1 2023-12-31 09793852 frs-bus:Director1 2024-08-20 09793852 frs-countries:EnglandWales 2024-01-01 2024-08-20 09793852 2022-09-30 09793852 2023-12-31 09793852 2022-10-01 2023-12-31 09793852 frs-core:CurrentFinancialInstruments 2023-12-31 09793852 frs-core:Non-currentFinancialInstruments 2023-12-31 09793852 frs-core:ShareCapital 2023-12-31 09793852 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09793852
Nicolas Greek Taverna Ltd
Unaudited Financial Statements
For the Period 1 January 2024 to 20 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 09793852
20 August 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 - 26,057
Cash at bank and in hand 75 47,436
75 73,493
Creditors: Amounts Falling Due Within One Year 6 (6,617 ) (73,434 )
NET CURRENT ASSETS (LIABILITIES) (6,542 ) 59
TOTAL ASSETS LESS CURRENT LIABILITIES (6,542 ) 59
NET (LIABILITIES)/ASSETS (6,542 ) 59
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (6,544 ) 57
SHAREHOLDERS' FUNDS (6,542) 59
For the period ending 20 August 2024 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 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 Milaim Zenelaj
Director
04/09/2024
The notes on pages 2 to 4 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Nicolas Greek Taverna Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09793852 . The registered office is 1 Milnyard Square, Orton Southgate, Peterborough, PE2 6GX.
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. Going Concern Disclosure
The directors believe that the going concern basis is not appropriate as the company has no realistic alternative but to cease trading. The company now has ceased trading.
2.3. 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.
2.4. 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:
Leasehold Straight line over 10 years
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2023: 3)
1 3
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 - - - -
Depreciation
As at 1 January 2024 - - - -
As at 20 August 2024 - - - -
Net Book Value
As at 20 August 2024 - - - -
As at 1 January 2024 - - - -
5. Debtors
20 August 2024 31 December 2023
£ £
Due within one year
Director's loan account - 19,482
Due after more than one year
Corporation tax recoverable assets - 6,575
- 26,057
6. Creditors: Amounts Falling Due Within One Year
20 August 2024 31 December 2023
£ £
Trade creditors - 20,191
Bank loans and overdrafts - 37,353
Corporation tax 677 8,801
VAT 678 5,694
Accruals and deferred income 550 1,395
Director's loan account 4,712 -
6,617 73,434
7. Share Capital
20 August 2024 31 December 2023
£ £
Allotted, Called up and fully paid 2 2
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8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 20 August 2024
£ £ £ £ £
Mr Milaim Zenelaj 19,482 - - - -
The above loan is unsecured, interest free and repayable on demand.
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