Acorah Software Products - Accounts Production 16.0.110 false true true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 08669916 Mr Mark Woodbridge Mrs Zoe Woodbridge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08669916 2023-02-28 08669916 2024-02-29 08669916 2023-03-01 2024-02-29 08669916 frs-core:CurrentFinancialInstruments 2024-02-29 08669916 frs-core:ComputerEquipment 2024-02-29 08669916 frs-core:ComputerEquipment 2023-03-01 2024-02-29 08669916 frs-core:ComputerEquipment 2023-02-28 08669916 frs-core:NetGoodwill 2024-02-29 08669916 frs-core:NetGoodwill 2023-03-01 2024-02-29 08669916 frs-core:NetGoodwill 2023-02-28 08669916 frs-core:PlantMachinery 2024-02-29 08669916 frs-core:PlantMachinery 2023-03-01 2024-02-29 08669916 frs-core:PlantMachinery 2023-02-28 08669916 frs-core:ShareCapital 2024-02-29 08669916 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 08669916 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 08669916 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 08669916 frs-bus:SmallEntities 2023-03-01 2024-02-29 08669916 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 08669916 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 08669916 frs-bus:Director1 2023-03-01 2024-02-29 08669916 frs-bus:Director2 2023-03-01 2024-02-29 08669916 frs-countries:EnglandWales 2023-03-01 2024-02-29 08669916 2022-02-28 08669916 2023-02-28 08669916 2022-03-01 2023-02-28 08669916 frs-core:CurrentFinancialInstruments 2023-02-28 08669916 frs-core:ShareCapital 2023-02-28 08669916 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 08669916
Black Lab Pubs Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Julian Robert Walker
FMAAT
J R Walker Ltd
11b Boundary Road
Brackley
Northamptonshire
NN13 7ES
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08669916
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 6,016 2,989
6,016 2,989
CURRENT ASSETS
Stocks 6 4,440 8,790
Cash at bank and in hand 10,531 -
14,971 8,790
Creditors: Amounts Falling Due Within One Year 8 (51,025 ) (43,635 )
NET CURRENT ASSETS (LIABILITIES) (36,054 ) (34,845 )
TOTAL ASSETS LESS CURRENT LIABILITIES (30,038 ) (31,856 )
NET LIABILITIES (30,038 ) (31,856 )
CAPITAL AND RESERVES
Called up share capital 9 160 160
Profit and Loss Account (30,198 ) (32,016 )
SHAREHOLDERS' FUNDS (30,038) (31,856)
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Page 2
For the year ending 29 February 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
Mrs Zoe Woodbridge
Director
26th March 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
Black Lab Pubs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08669916 . The registered office is The Crewe Arms, Hinton-In-The-Hedges, Brackley, Northamptonshire, NN13 5NF.
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 identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
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. 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 .... years.
2.5. 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% per annum reducing balance basis
Computer Equipment 15% per annum reducing balance basis
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 5)
4 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 March 2023 25,000
As at 29 February 2024 25,000
Amortisation
As at 1 March 2023 25,000
As at 29 February 2024 25,000
Net Book Value
As at 29 February 2024 -
As at 1 March 2023 -
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 March 2023 3,363 421 3,784
Additions 3,963 125 4,088
As at 29 February 2024 7,326 546 7,872
Depreciation
As at 1 March 2023 731 64 795
Provided during the period 989 72 1,061
As at 29 February 2024 1,720 136 1,856
Net Book Value
As at 29 February 2024 5,606 410 6,016
As at 1 March 2023 2,632 357 2,989
6. Stocks
2024 2023
£ £
Stock 4,440 8,790
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Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 33,799 4,944
Other loans - 6,745
Other taxes and social security 1,258 783
VAT 10,853 22,283
Net wages 4,918 5,965
Other creditors 197 2,915
51,025 43,635
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 160 160
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