Acorah Software Products - Accounts Production 14.6.300 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 SC721619 Mr Alexander Harriss Miss Lucy Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC721619 2023-01-31 SC721619 2024-01-31 SC721619 2023-02-01 2024-01-31 SC721619 frs-core:CurrentFinancialInstruments 2024-01-31 SC721619 frs-core:ComputerEquipment 2024-01-31 SC721619 frs-core:ComputerEquipment 2023-02-01 2024-01-31 SC721619 frs-core:ComputerEquipment 2023-01-31 SC721619 frs-core:FurnitureFittings 2024-01-31 SC721619 frs-core:FurnitureFittings 2023-02-01 2024-01-31 SC721619 frs-core:FurnitureFittings 2023-01-31 SC721619 frs-core:ShareCapital 2024-01-31 SC721619 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 SC721619 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC721619 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 SC721619 frs-bus:SmallEntities 2023-02-01 2024-01-31 SC721619 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 SC721619 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 SC721619 frs-bus:Director1 2023-02-01 2024-01-31 SC721619 frs-bus:Director2 2023-02-01 2024-01-31 SC721619 frs-countries:EnglandWales 2023-02-01 2024-01-31 SC721619 2022-01-31 SC721619 2023-01-31 SC721619 2022-02-01 2023-01-31 SC721619 frs-core:CurrentFinancialInstruments 2023-01-31 SC721619 frs-core:ShareCapital 2023-01-31 SC721619 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: SC721619
Leith Bottle Shop Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Onpoint Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC721619
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,699 18,347
13,699 18,347
CURRENT ASSETS
Stocks 5 32,525 25,544
Debtors 6 6,358 6,599
Cash at bank and in hand 5,336 6,085
44,219 38,228
Creditors: Amounts Falling Due Within One Year 7 (80,368 ) (74,756 )
NET CURRENT ASSETS (LIABILITIES) (36,149 ) (36,528 )
TOTAL ASSETS LESS CURRENT LIABILITIES (22,450 ) (18,181 )
NET LIABILITIES (22,450 ) (18,181 )
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account (22,650 ) (18,381 )
SHAREHOLDERS' FUNDS (22,450) (18,181)
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.
On behalf of the board
Mr Alexander Harriss
Director
11/04/2024
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
Leith Bottle Shop Limited is a private company, limited by shares, incorporated in England & Wales, registered number SC721619 . The registered office is 2f2 4 Wellington Street, Edinburgh, EH7 5ED.
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:
Fixtures & Fittings 20%
Computer Equipment 25%
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 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 22,003 993 22,996
As at 31 January 2024 22,003 993 22,996
Depreciation
As at 1 February 2023 4,401 248 4,649
Provided during the period 4,400 248 4,648
As at 31 January 2024 8,801 496 9,297
Net Book Value
As at 31 January 2024 13,202 497 13,699
As at 1 February 2023 17,602 745 18,347
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5. Stocks
2024 2023
£ £
Stock 32,525 25,544
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2 241
Other debtors 6,356 6,358
6,358 6,599
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,220 1,714
Bank loans and overdrafts 1,482 259
Other creditors 70,104 67,827
Taxation and social security 4,562 4,956
80,368 74,756
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 4