Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 07502189 Mr Harjinder Thind Mr Jaswinder Thind Mr Sukhbinder Thind iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07502189 2023-01-31 07502189 2024-01-31 07502189 2023-02-01 2024-01-31 07502189 frs-core:Non-currentFinancialInstruments 2024-01-31 07502189 frs-core:FurnitureFittings 2023-02-01 2024-01-31 07502189 frs-core:NetGoodwill 2023-02-01 2024-01-31 07502189 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-01-31 07502189 frs-core:PlantMachinery 2023-02-01 2024-01-31 07502189 frs-core:ShareCapital 2024-01-31 07502189 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07502189 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07502189 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 07502189 frs-bus:SmallEntities 2023-02-01 2024-01-31 07502189 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07502189 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07502189 frs-core:CostValuation 2023-01-31 07502189 frs-core:CostValuation 2024-01-31 07502189 frs-bus:Director1 2023-02-01 2024-01-31 07502189 frs-bus:Director2 2023-02-01 2024-01-31 07502189 frs-bus:Director3 2023-02-01 2024-01-31 07502189 frs-countries:EnglandWales 2023-02-01 2024-01-31 07502189 2022-01-31 07502189 2023-01-31 07502189 2022-02-01 2023-01-31 07502189 frs-core:Non-currentFinancialInstruments 2023-01-31 07502189 frs-core:ShareCapital 2023-01-31 07502189 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 07502189
Tasted Ltd
ABRIDGED Financial Statements
For The Year Ended 31 January 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 07502189
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 22,750 29,250
Tangible Assets 5 37,832 37,334
Investments 6 1,914 1,914
62,496 68,498
CURRENT ASSETS
Stocks 2,690 3,065
Cash at bank and in hand 86,634 161,840
89,324 164,905
Creditors: Amounts Falling Due Within One Year (177,474 ) (227,744 )
NET CURRENT ASSETS (LIABILITIES) (88,150 ) (62,839 )
TOTAL ASSETS LESS CURRENT LIABILITIES (25,654 ) 5,659
Creditors: Amounts Falling Due After More Than One Year (14,000 ) (20,000 )
NET LIABILITIES (39,654 ) (14,341 )
CAPITAL AND RESERVES
Called up share capital 7 200 200
Profit and Loss Account (39,854 ) (14,541 )
SHAREHOLDERS' FUNDS (39,654) (14,341)
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Harjinder Thind
Director
29 October 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Tasted Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07502189 . The registered office is 70 East Hill, Dartford, Kent, UK, DA1 1RZ.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
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 10 Years
Plant & Machinery 15% Reducing balance
Fixtures & Fittings 15% Reducing blance
2.5. 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 (2023: 2)
2 2
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4. Intangible Assets
Total
£
Cost
As at 1 February 2023 65,000
As at 31 January 2024 65,000
Amortisation
As at 1 February 2023 35,750
Provided during the period 6,500
As at 31 January 2024 42,250
Net Book Value
As at 31 January 2024 22,750
As at 1 February 2023 29,250
5. Tangible Assets
Total
£
Cost
As at 1 February 2023 96,463
Additions 7,175
As at 31 January 2024 103,638
Depreciation
As at 1 February 2023 59,129
Provided during the period 6,677
As at 31 January 2024 65,806
Net Book Value
As at 31 January 2024 37,832
As at 1 February 2023 37,334
6. Investments
Total
£
Cost
As at 1 February 2023 1,914
As at 31 January 2024 1,914
Provision
As at 1 February 2023 -
As at 31 January 2024 -
Net Book Value
As at 31 January 2024 1,914
As at 1 February 2023 1,914
Page 4
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7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 5