Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 9414821 Mrs Helen Elliott Helen Elliott true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9414821 2023-01-31 9414821 2024-01-31 9414821 2023-02-01 2024-01-31 9414821 frs-core:CurrentFinancialInstruments 2024-01-31 9414821 frs-core:Non-currentFinancialInstruments 2024-01-31 9414821 frs-core:MotorVehicles 2024-01-31 9414821 frs-core:MotorVehicles 2023-02-01 2024-01-31 9414821 frs-core:MotorVehicles 2023-01-31 9414821 frs-core:PlantMachinery 2024-01-31 9414821 frs-core:PlantMachinery 2023-02-01 2024-01-31 9414821 frs-core:PlantMachinery 2023-01-31 9414821 frs-core:ShareCapital 2024-01-31 9414821 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 9414821 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 9414821 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 9414821 frs-bus:SmallEntities 2023-02-01 2024-01-31 9414821 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 9414821 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 9414821 1 2023-02-01 2024-01-31 9414821 frs-bus:Director1 2023-02-01 2024-01-31 9414821 frs-countries:EnglandWales 2023-02-01 2024-01-31 9414821 2022-01-31 9414821 2023-01-31 9414821 2022-02-01 2023-01-31 9414821 frs-core:CurrentFinancialInstruments 2023-01-31 9414821 frs-core:Non-currentFinancialInstruments 2023-01-31 9414821 frs-core:ShareCapital 2023-01-31 9414821 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 9414821
Plymouth Baguettes Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
C T B Book Keeping Limited
29 Looe Street
The Barbican
Plymouth
PL4 0EA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 9414821
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,781 8,629
8,781 8,629
CURRENT ASSETS
Stocks 5 7,350 5,840
Debtors 6 450 450
Cash at bank and in hand 2,238 1,480
10,038 7,770
Creditors: Amounts Falling Due Within One Year 7 (9,848 ) (5,658 )
NET CURRENT ASSETS (LIABILITIES) 190 2,112
TOTAL ASSETS LESS CURRENT LIABILITIES 8,971 10,741
Creditors: Amounts Falling Due After More Than One Year 8 (3,544 ) (2,579 )
NET ASSETS 5,427 8,162
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 5,426 8,161
SHAREHOLDERS' FUNDS 5,427 8,162
Page 1
Page 2
For the year ending 31 January 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 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
Mrs Helen Elliott
Director
08/10/2024
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
Plymouth Baguettes Limited Registered number 9414821 is a limited by shares company incorporated in England & Wales. The Registered Office is 29 Looe Street, Plymouth, PL4 0EA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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
Motor Vehicles 18% 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
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Sales, marketing and distribution 4 4
4 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 February 2023 11,238 6,300 17,538
Additions 2,262 - 2,262
As at 31 January 2024 13,500 6,300 19,800
...CONTINUED
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Page 4
Depreciation
As at 1 February 2023 6,083 2,826 8,909
Provided during the period 1,484 626 2,110
As at 31 January 2024 7,567 3,452 11,019
Net Book Value
As at 31 January 2024 5,933 2,848 8,781
As at 1 February 2023 5,155 3,474 8,629
5. Stocks
2024 2023
£ £
Stock 7,350 5,840
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 450 450
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,866 2,368
Corporation tax 3,280 2,538
Accruals and deferred income 702 752
9,848 5,658
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,386 2,432
Directors loan account 158 147
3,544 2,579
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mrs Helen Elliott 17,250 16,750
11. Ultimate Controlling Party
The company's ultimate controlling party is Helen Elliott by virtue of his ownership of 100% of the issued share capital in the company.
Page 4