Acorah Software Products - Accounts Production 16.0.110 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 10444876 Dr Devik Patel Mr Shaswat Patel Mr Parag Patel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10444876 2022-10-31 10444876 2023-10-31 10444876 2022-11-01 2023-10-31 10444876 frs-core:CurrentFinancialInstruments 2023-10-31 10444876 frs-core:Non-currentFinancialInstruments 2023-10-31 10444876 frs-core:ComputerEquipment 2023-10-31 10444876 frs-core:ComputerEquipment 2022-11-01 2023-10-31 10444876 frs-core:ComputerEquipment 2022-10-31 10444876 frs-core:FurnitureFittings 2023-10-31 10444876 frs-core:FurnitureFittings 2022-11-01 2023-10-31 10444876 frs-core:FurnitureFittings 2022-10-31 10444876 frs-core:NetGoodwill 2022-11-01 2023-10-31 10444876 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-31 10444876 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-11-01 2023-10-31 10444876 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-10-31 10444876 frs-core:PlantMachinery 2023-10-31 10444876 frs-core:PlantMachinery 2022-11-01 2023-10-31 10444876 frs-core:PlantMachinery 2022-10-31 10444876 frs-core:ShareCapital 2023-10-31 10444876 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 10444876 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 10444876 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 10444876 frs-bus:SmallEntities 2022-11-01 2023-10-31 10444876 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 10444876 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 10444876 frs-bus:Director1 2022-11-01 2023-10-31 10444876 frs-bus:Director2 2022-11-01 2023-10-31 10444876 frs-bus:Director3 2022-11-01 2023-10-31 10444876 frs-core:CurrentFinancialInstruments 2 2023-10-31 10444876 frs-countries:EnglandWales 2022-11-01 2023-10-31 10444876 2021-10-31 10444876 2022-10-31 10444876 2021-11-01 2022-10-31 10444876 frs-core:CurrentFinancialInstruments 2022-10-31 10444876 frs-core:Non-currentFinancialInstruments 2022-10-31 10444876 frs-core:ShareCapital 2022-10-31 10444876 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 10444876 frs-core:CurrentFinancialInstruments 2 2022-10-31
Registered number: 10444876
4P Leisure Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10444876
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 130,583 147,227
130,583 147,227
CURRENT ASSETS
Debtors 5 38,849 81,069
Cash at bank and in hand 1,815 6,314
40,664 87,383
Creditors: Amounts Falling Due Within One Year 6 (370,586 ) (440,074 )
NET CURRENT ASSETS (LIABILITIES) (329,922 ) (352,691 )
TOTAL ASSETS LESS CURRENT LIABILITIES (199,339 ) (205,464 )
Creditors: Amounts Falling Due After More Than One Year 7 (177,810 ) (181,514 )
NET LIABILITIES (377,149 ) (386,978 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (377,249 ) (387,078 )
SHAREHOLDERS' FUNDS (377,149) (386,978)
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Page 2
For the year ending 31 October 2023 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 Shaswat Patel
Director
31 July 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
4P Leisure Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10444876 . The registered office is C/O LAS Accountants LLP, No.1 Royal Exchange, London, EC3V 3DG.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less
any accumulated amortisation and any accumulated impairment losses.

Goodwill is being amortised evenly over its estimated useful life of 5 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 0%
Plant & Machinery 15%
Fixtures & Fittings 15%
Computer Equipment 25%
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
2.8. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 2)
4 2
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 November 2022 23,394 1,900 234,802 576 260,672
Additions - 2,018 - - 2,018
As at 31 October 2023 23,394 3,918 234,802 576 262,690
Depreciation
As at 1 November 2022 - 817 112,234 394 113,445
Provided during the period - 232 18,385 45 18,662
As at 31 October 2023 - 1,049 130,619 439 132,107
Net Book Value
As at 31 October 2023 23,394 2,869 104,183 137 130,583
As at 1 November 2022 23,394 1,083 122,568 182 147,227
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 8,414 10,347
Prepayments and accrued income 1,935 42,222
Other Debtors Rent Deposits 28,500 28,500
38,849 81,069
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (7,325 ) -
Bank loans and overdrafts 65,422 92,396
Other loans 9,000 -
Other taxes and social security 3,867 5,473
VAT 12,882 4,465
Pension Payable 225 158
Accruals and deferred income 32,041 83,108
Directors' loan accounts 254,474 254,474
370,586 440,074
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7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 62,096 125,164
Other creditors 115,714 56,350
177,810 181,514
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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