Acorah Software Products - Accounts Production 15.0.600 false true false 1 September 2022 31 December 2023 31 December 2023 12823877 Mr Faris Sheibani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12823877 2022-08-31 12823877 2023-12-31 12823877 2022-09-01 2023-12-31 12823877 frs-core:Non-currentFinancialInstruments 2023-12-31 12823877 frs-core:ComputerEquipment 2022-09-01 2023-12-31 12823877 frs-core:FurnitureFittings 2022-09-01 2023-12-31 12823877 frs-core:PlantMachinery 2022-09-01 2023-12-31 12823877 frs-core:ShareCapital 2023-12-31 12823877 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12823877 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-12-31 12823877 frs-bus:AbridgedAccounts 2022-09-01 2023-12-31 12823877 frs-bus:SmallEntities 2022-09-01 2023-12-31 12823877 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-12-31 12823877 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-12-31 12823877 frs-bus:Director1 2022-09-01 2023-12-31 12823877 frs-countries:EnglandWales 2022-09-01 2023-12-31
Registered number: 12823877
QIMA CAFE LIMITED
Unaudited ABRIDGED Financial Statements
For the Period 1 September 2022 to 31 December 2023
Cooper Young & Partners Ltd
Chartered Accountants
Hunter House
109 Snakes Lane West
Woodford Green
Essex
IG8 0DY
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 12823877
31 December 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 25,425
25,425
CURRENT ASSETS
Stocks 2,723
Debtors 1,946
Cash at bank and in hand 3,634
8,303
Creditors: Amounts Falling Due Within One Year (172,852 )
NET CURRENT ASSETS (LIABILITIES) (164,549 )
TOTAL ASSETS LESS CURRENT LIABILITIES (139,124 )
Creditors: Amounts Falling Due After More Than One Year (58,719 )
NET LIABILITIES (197,843 )
CAPITAL AND RESERVES
Called up share capital 5 1
Profit and Loss Account (197,844 )
SHAREHOLDERS' FUNDS (197,843)
Page 1
Page 2
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 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Faris Sheibani
Director
4 September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
QIMA CAFE LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 12823877 . The registered office is 109 Snakes Lane West, Woodford Green, IG8 0DY.
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 20% on written down value
Fixtures & Fittings 20% on written down value
Computer Equipment 25% on written down value
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 8
8
4. Tangible Assets
Total
£
Cost
As at 1 September 2022 -
Additions 27,949
As at 31 December 2023 27,949
Depreciation
As at 1 September 2022 -
Provided during the period 2,524
As at 31 December 2023 2,524
...CONTINUED
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Net Book Value
As at 31 December 2023 25,425
As at 1 September 2022 -
5. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 1
6. Post Balance Sheet Events
Followig the year end, the members of the Company entered into a share exchange arrangement thereby transferring the entire share capital of the Company to Origins 1450 Limited, a company incorproated in the UK (CRN: 14020333) and considered a related party owing to it having the same beneficial owners. 
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