Acorah Software Products - Accounts Production 16.0.110 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 11523951 Mr Hamish Page Mr Daniel Hamilton Mr Louis Wren iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11523951 2023-08-31 11523951 2024-08-31 11523951 2023-09-01 2024-08-31 11523951 frs-core:CurrentFinancialInstruments 2024-08-31 11523951 frs-core:Non-currentFinancialInstruments 2024-08-31 11523951 frs-core:ShareCapital 2024-08-31 11523951 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11523951 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11523951 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11523951 frs-bus:SmallEntities 2023-09-01 2024-08-31 11523951 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11523951 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11523951 frs-bus:Director1 2023-09-01 2024-08-31 11523951 frs-bus:Director2 2023-09-01 2024-08-31 11523951 frs-bus:Director3 2023-09-01 2024-08-31 11523951 frs-core:Non-currentFinancialInstruments 1 2024-08-31 11523951 frs-countries:EnglandWales 2023-09-01 2024-08-31 11523951 2022-08-31 11523951 2023-08-31 11523951 2022-09-01 2023-08-31 11523951 frs-core:CurrentFinancialInstruments 2023-08-31 11523951 frs-core:Non-currentFinancialInstruments 2023-08-31 11523951 frs-core:ShareCapital 2023-08-31 11523951 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 11523951 frs-core:Non-currentFinancialInstruments 1 2023-08-31
Registered number: 11523951
The Hemp Collective Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Tasker Osman & Co
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 11523951
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 1,850 1,850
1,850 1,850
Creditors: Amounts Falling Due Within One Year 5 (4,905 ) (2,021 )
NET CURRENT ASSETS (LIABILITIES) (3,055 ) (171 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,055 ) (171 )
Creditors: Amounts Falling Due After More Than One Year 6 (14,083 ) (16,368 )
NET LIABILITIES (17,138 ) (16,539 )
CAPITAL AND RESERVES
Called up share capital 7 6 3
Profit and Loss Account (17,144 ) (16,542 )
SHAREHOLDERS' FUNDS (17,138) (16,539)
For the year ending 31 August 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 Hamish Page
Director
Mr Daniel Hamilton
Director
Mr Louis Wren
Director
25/11/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The Hemp Collective Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11523951 . The registered office is 11a Jew Street, Brighton, East Sussex, BN1 1UT.
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. 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: NIL (2023: NIL)
- -
4. Stocks
2024 2023
£ £
Stock & Work in progress 1,850 1,850
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 694 800
Accruals and deferred income 360 360
Directors' loan accounts 3,851 861
4,905 2,021
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce back loan 14,083 16,368
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 6 3
Page 2