Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 09557105 Mr Mark Kershaw Mr Mark Hirons Ms Louise Mcgoff iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09557105 2023-04-30 09557105 2024-04-30 09557105 2023-05-01 2024-04-30 09557105 frs-core:CurrentFinancialInstruments 2024-04-30 09557105 frs-core:Non-currentFinancialInstruments 2024-04-30 09557105 frs-core:ComputerEquipment 2024-04-30 09557105 frs-core:ComputerEquipment 2023-05-01 2024-04-30 09557105 frs-core:ComputerEquipment 2023-04-30 09557105 frs-core:FurnitureFittings 2024-04-30 09557105 frs-core:FurnitureFittings 2023-05-01 2024-04-30 09557105 frs-core:FurnitureFittings 2023-04-30 09557105 frs-core:NetGoodwill 2024-04-30 09557105 frs-core:NetGoodwill 2023-05-01 2024-04-30 09557105 frs-core:NetGoodwill 2023-04-30 09557105 frs-core:PlantMachinery 2024-04-30 09557105 frs-core:PlantMachinery 2023-05-01 2024-04-30 09557105 frs-core:PlantMachinery 2023-04-30 09557105 frs-core:ShareCapital 2024-04-30 09557105 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 09557105 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09557105 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 09557105 frs-bus:SmallEntities 2023-05-01 2024-04-30 09557105 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09557105 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09557105 frs-bus:Director1 2023-05-01 2024-04-30 09557105 frs-bus:Director2 2023-05-01 2024-04-30 09557105 frs-bus:Director3 2023-05-01 2024-04-30 09557105 frs-core:CurrentFinancialInstruments 1 2024-04-30 09557105 frs-core:Non-currentFinancialInstruments 1 2024-04-30 09557105 frs-countries:EnglandWales 2023-05-01 2024-04-30 09557105 2022-04-30 09557105 2023-04-30 09557105 2022-05-01 2023-04-30 09557105 frs-core:CurrentFinancialInstruments 2023-04-30 09557105 frs-core:Non-currentFinancialInstruments 2023-04-30 09557105 frs-core:BetweenOneFiveYears 2023-04-30 09557105 frs-core:ShareCapital 2023-04-30 09557105 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 09557105 frs-core:CurrentFinancialInstruments 1 2023-04-30 09557105 frs-core:Non-currentFinancialInstruments 1 2023-04-30
Registered number: 09557105
Pickled Walnut Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09557105
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 11,245 18,495
11,245 18,495
CURRENT ASSETS
Stocks 6 18,250 16,750
Debtors 7 3,117 4,914
Cash at bank and in hand 1,188 2,391
22,555 24,055
Creditors: Amounts Falling Due Within One Year 8 (36,126 ) (37,432 )
NET CURRENT ASSETS (LIABILITIES) (13,571 ) (13,377 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,326 ) 5,118
Creditors: Amounts Falling Due After More Than One Year 9 (51,260 ) (47,220 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,040 ) (3,040 )
NET LIABILITIES (56,626 ) (45,142 )
CAPITAL AND RESERVES
Called up share capital 11 450 450
Profit and Loss Account (57,076 ) (45,592 )
SHAREHOLDERS' FUNDS (56,626) (45,142)
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For the year ending 30 April 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 Mark Kershaw
Director
12th September 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
Pickled Walnut Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09557105 . The registered office is 50-52 Bridge Road, Litherland, Liverpool, L21 6PH.
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 10 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:
Plant & Machinery 10% SL
Fixtures & Fittings 10% RB
Computer Equipment 10% RB
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. 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: 26 (2023: 21)
26 21
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4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2023 77,914
As at 30 April 2024 77,914
Amortisation
As at 1 May 2023 77,914
As at 30 April 2024 77,914
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 -
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 36,633 2,692 2,788 42,113
Disposals (6,000 ) - - (6,000 )
As at 30 April 2024 30,633 2,692 2,788 36,113
Depreciation
As at 1 May 2023 20,996 730 1,892 23,618
Provided during the period 964 196 90 1,250
As at 30 April 2024 21,960 926 1,982 24,868
Net Book Value
As at 30 April 2024 8,673 1,766 806 11,245
As at 1 May 2023 15,637 1,962 896 18,495
6. Stocks
2024 2023
£ £
Finished goods 18,250 16,750
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,098 4,895
Other debtors 19 19
3,117 4,914
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 14,515 15,914
Other taxes and social security 2,590 2,575
VAT 11,545 7,760
Funds to be refunded 1,035 1,035
Directors' loan accounts 6,441 10,148
36,126 37,432
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 2,351
MK Loan 37,966 34,869
Carlsberg Marston's Loan 13,294 10,000
51,260 47,220
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years - 2,351
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 450 450
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