Acorah Software Products - Accounts Production 16.0.110 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10172794 Mr Andrew Shengas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10172794 2023-05-31 10172794 2024-05-31 10172794 2023-06-01 2024-05-31 10172794 frs-core:CurrentFinancialInstruments 2024-05-31 10172794 frs-core:ComputerEquipment 2024-05-31 10172794 frs-core:ComputerEquipment 2023-06-01 2024-05-31 10172794 frs-core:ComputerEquipment 2023-05-31 10172794 frs-core:FurnitureFittings 2024-05-31 10172794 frs-core:FurnitureFittings 2023-06-01 2024-05-31 10172794 frs-core:FurnitureFittings 2023-05-31 10172794 frs-core:PlantMachinery 2024-05-31 10172794 frs-core:PlantMachinery 2023-06-01 2024-05-31 10172794 frs-core:PlantMachinery 2023-05-31 10172794 frs-core:ShareCapital 2024-05-31 10172794 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10172794 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10172794 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10172794 frs-bus:SmallEntities 2023-06-01 2024-05-31 10172794 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10172794 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10172794 frs-bus:Director1 2023-06-01 2024-05-31 10172794 frs-countries:EnglandWales 2023-06-01 2024-05-31 10172794 2022-05-31 10172794 2023-05-31 10172794 2022-06-01 2023-05-31 10172794 frs-core:CurrentFinancialInstruments 2023-05-31 10172794 frs-core:ShareCapital 2023-05-31 10172794 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10172794
A And C Takeaways Limited
Financial Statements
For The Year Ended 31 May 2024
Charles & Co.
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10172794
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,389 25,790
22,389 25,790
CURRENT ASSETS
Stocks 5 3,448 3,275
Debtors 6 3,750 -
Cash at bank and in hand 71,583 55,670
78,781 58,945
Creditors: Amounts Falling Due Within One Year 7 (71,197 ) (18,996 )
NET CURRENT ASSETS (LIABILITIES) 7,584 39,949
TOTAL ASSETS LESS CURRENT LIABILITIES 29,973 65,739
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,287 ) (5,589 )
NET ASSETS 25,686 60,150
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 25,586 60,050
SHAREHOLDERS' FUNDS 25,686 60,150
Page 1
Page 2
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Andrew Shengas
Director
23/10/2024
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
A And C Takeaways Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10172794 . The registered office is 252 Station Road, Bamber Bridge, Preston, Lancashire, PR5 6EA.
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.

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:
Plant & Machinery 15% on reducing balance basis
Fixtures & Fittings 15% on reducing balance basis
Computer Equipment 33.3% on straight line basis
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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
7Average number of employees, including directors, during the year was 7 (2023: 7)
7 7
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 30,450 23,949 402 54,801
Additions - 676 - 676
As at 31 May 2024 30,450 24,625 402 55,477
Depreciation
As at 1 June 2023 17,494 11,295 222 29,011
Provided during the period 1,944 1,999 134 4,077
As at 31 May 2024 19,438 13,294 356 33,088
Net Book Value
As at 31 May 2024 11,012 11,331 46 22,389
As at 1 June 2023 12,956 12,654 180 25,790
5. Stocks
2024 2023
£ £
Materials 3,448 3,275
6. Debtors
2024 2023
£ £
Due within one year
Other taxes and social security 3,750 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,462 1,035
Corporation tax 7,655 1,569
Other taxes and social security - 887
VAT 10,920 9,605
Pension creditor - 25
Accruals and deferred income 4,620 4,610
Director's loan account 43,540 1,265
71,197 18,996
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4