Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 12447267 Mr Filippo Ricci iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12447267 2023-02-28 12447267 2024-02-29 12447267 2023-03-01 2024-02-29 12447267 frs-core:CurrentFinancialInstruments 2024-02-29 12447267 frs-core:Non-currentFinancialInstruments 2024-02-29 12447267 frs-core:ComputerEquipment 2024-02-29 12447267 frs-core:ComputerEquipment 2023-03-01 2024-02-29 12447267 frs-core:ComputerEquipment 2023-02-28 12447267 frs-core:FurnitureFittings 2024-02-29 12447267 frs-core:FurnitureFittings 2023-03-01 2024-02-29 12447267 frs-core:FurnitureFittings 2023-02-28 12447267 frs-core:PlantMachinery 2024-02-29 12447267 frs-core:PlantMachinery 2023-03-01 2024-02-29 12447267 frs-core:PlantMachinery 2023-02-28 12447267 frs-core:OtherReservesSubtotal 2024-02-29 12447267 frs-core:ShareCapital 2024-02-29 12447267 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 12447267 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 12447267 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 12447267 frs-bus:SmallEntities 2023-03-01 2024-02-29 12447267 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 12447267 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 12447267 frs-bus:Director1 2023-03-01 2024-02-29 12447267 frs-countries:EnglandWales 2023-03-01 2024-02-29 12447267 2022-02-28 12447267 2023-02-28 12447267 2022-03-01 2023-02-28 12447267 frs-core:CurrentFinancialInstruments 2023-02-28 12447267 frs-core:Non-currentFinancialInstruments 2023-02-28 12447267 frs-core:OtherReservesSubtotal 2023-02-28 12447267 frs-core:ShareCapital 2023-02-28 12447267 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 12447267
Pizza Tyne Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12447267
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 87,777 120,003
87,777 120,003
CURRENT ASSETS
Stocks 5 3,000 3,000
Debtors 6 3,197 10,728
Cash at bank and in hand 33,428 38,571
39,625 52,299
Creditors: Amounts Falling Due Within One Year 7 (72,494 ) (67,431 )
NET CURRENT ASSETS (LIABILITIES) (32,869 ) (15,132 )
TOTAL ASSETS LESS CURRENT LIABILITIES 54,908 104,871
Creditors: Amounts Falling Due After More Than One Year 8 (17,323 ) (26,667 )
NET ASSETS 37,585 78,204
CAPITAL AND RESERVES
Called up share capital 9 10 10
Other reserves (6,300 ) -
Profit and Loss Account 43,875 78,194
SHAREHOLDERS' FUNDS 37,585 78,204
Page 1
Page 2
For the year ending 29 February 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 Filippo Ricci
Director
30/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Pizza Tyne Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12447267 . The registered office is 391 Benton Park Road, Newcastle Upon Tyne, NE7 7EZ.
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.

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% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
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: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2023 180,820 6,972 1,449 189,241
Additions 8,538 9,155 - 17,693
As at 29 February 2024 189,358 16,127 1,449 206,934
Depreciation
As at 1 March 2023 67,558 986 694 69,238
Provided during the period 46,881 2,676 362 49,919
As at 29 February 2024 114,439 3,662 1,056 119,157
Net Book Value
As at 29 February 2024 74,919 12,465 393 87,777
As at 1 March 2023 113,262 5,986 755 120,003
Page 3
Page 4
5. Stocks
2024 2023
£ £
Materials 3,000 3,000
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 2,646 2,102
Other debtors 551 8,626
3,197 10,728
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,659 4,337
Bank loans and overdrafts 10,000 10,000
Other taxes and social security 4,261 2,172
Other creditors 51,700 50,200
Accruals and deferred income 728 -
Director's loan account 4,146 722
72,494 67,431
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 17,323 26,667
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 4