Acorah Software Products - Accounts Production 15.0.600 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10942416 Mr Benjamin Smith Mr John Burrows Mr B J Smith false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10942416 2023-09-30 10942416 2024-09-30 10942416 2023-10-01 2024-09-30 10942416 frs-core:CurrentFinancialInstruments 2024-09-30 10942416 frs-core:ShareCapital 2024-09-30 10942416 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10942416 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10942416 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10942416 frs-bus:SmallEntities 2023-10-01 2024-09-30 10942416 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10942416 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10942416 1 2023-10-01 2024-09-30 10942416 frs-bus:Director1 2023-10-01 2024-09-30 10942416 frs-bus:Director1 2023-09-30 10942416 frs-bus:Director1 2024-09-30 10942416 frs-bus:Director2 2023-10-01 2024-09-30 10942416 frs-countries:EnglandWales 2023-10-01 2024-09-30 10942416 2022-09-30 10942416 2023-09-30 10942416 2022-10-01 2023-09-30 10942416 frs-core:CurrentFinancialInstruments 2023-09-30 10942416 frs-core:ShareCapital 2023-09-30 10942416 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10942416
The Fine Diet Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Brisan Accountancy Ltd
Canada House, First Floor, 20/20 Business Park
Maidstone
Kent
ME16 0LS
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10942416
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1,215 1,084
Cash at bank and in hand 30,513 35,691
31,728 36,775
Creditors: Amounts Falling Due Within One Year 5 (51,644 ) (48,609 )
NET CURRENT ASSETS (LIABILITIES) (19,916 ) (11,834 )
TOTAL ASSETS LESS CURRENT LIABILITIES (19,916 ) (11,834 )
NET LIABILITIES (19,916 ) (11,834 )
CAPITAL AND RESERVES
Called up share capital 6 222 222
Profit and Loss Account (20,138 ) (12,056 )
SHAREHOLDERS' FUNDS (19,916) (11,834)
For the year ending 30 September 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 Benjamin Smith
Director
4 November 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The Fine Diet Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10942416 . The registered office is Canada House, First Floor, 20/20 Business Park, Maidstone, Kent, ME16 0LS.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, and have pledged their continued financial support for a minimum of 12 months after the balance sheet date.
2.3. 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.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 25 1,068
Prepayments and accrued income 193 16
VAT 997 -
1,215 1,084
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,082 1,741
VAT - 1,798
Other creditors 27,642 26,878
Accruals and deferred income 2,868 3,140
Directors' loan accounts 15,052 15,052
51,644 48,609
7. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans due to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr Benjamin Smith 15,052 - - - 15,052
The above loan is unsecured, interest free and repayable on demand. It ranks equally with other unsecured creditors of the company.
8. Controlling Party
The company's controlling party is Mr B J Smith by virtue of his ownership of 69% of the issued share capital in the company.
Page 3