Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 10 December 2021 false 1 January 2023 31 December 2023 31 December 2023 13792793 Mr MYQUANG HO iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13792793 2022-12-31 13792793 2023-12-31 13792793 2023-01-01 2023-12-31 13792793 frs-core:CurrentFinancialInstruments 2023-12-31 13792793 frs-core:PlantMachinery 2023-12-31 13792793 frs-core:PlantMachinery 2023-01-01 2023-12-31 13792793 frs-core:PlantMachinery 2022-12-31 13792793 frs-core:ShareCapital 2023-12-31 13792793 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13792793 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13792793 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13792793 frs-bus:SmallEntities 2023-01-01 2023-12-31 13792793 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13792793 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13792793 frs-bus:Director1 2023-01-01 2023-12-31 13792793 frs-countries:EnglandWales 2023-01-01 2023-12-31 13792793 2021-12-09 13792793 2022-12-31 13792793 2021-12-10 2022-12-31 13792793 frs-core:CurrentFinancialInstruments 2022-12-31 13792793 frs-core:ShareCapital 2022-12-31 13792793 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13792793
CUP.PHOBUN LTD
Unaudited Financial Statements
For The Year Ended 31 December 2023
Proaccounts UK
Unit M228, 89 Bickersteth Road
Tooting
LONDON
SW17 9SH
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13792793
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,504 18,130
14,504 18,130
CURRENT ASSETS
Stocks 5 - 900
Cash at bank and in hand 5,469 7,992
5,469 8,892
Creditors: Amounts Falling Due Within One Year 6 (53,575 ) (71,084 )
NET CURRENT ASSETS (LIABILITIES) (48,106 ) (62,192 )
TOTAL ASSETS LESS CURRENT LIABILITIES (33,602 ) (44,062 )
NET LIABILITIES (33,602 ) (44,062 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (33,702 ) (44,162 )
SHAREHOLDERS' FUNDS (33,602) (44,062)
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 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 MYQUANG HO
Director
02/10/2024
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
CUP.PHOBUN LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13792793 . The registered office is 271 NEW CROSS ROAD, NEW CROSS, LONDON, SE14 6AR.
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% 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 1)
2 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2023 22,662
As at 31 December 2023 22,662
Depreciation
As at 1 January 2023 4,532
Provided during the period 3,626
As at 31 December 2023 8,158
Net Book Value
As at 31 December 2023 14,504
As at 1 January 2023 18,130
Page 2
Page 3
5. Stocks
31 December 2023 31 December 2022
£ £
Work in progress - 900
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Other creditors 53,035 70,724
Accruals and deferred income 540 360
53,575 71,084
7. Share Capital
31 December 2023 31 December 2022
£ £
Allotted, Called up and fully paid 100 100
Page 3