Acorah Software Products - Accounts Production 16.0.110 false true false 29 June 2023 30 June 2024 30 June 2024 14970337 Mr Mohammad Malik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14970337 2023-06-28 14970337 2024-06-30 14970337 2023-06-29 2024-06-30 14970337 frs-core:FurnitureFittings 2024-06-30 14970337 frs-core:FurnitureFittings 2023-06-29 2024-06-30 14970337 frs-core:FurnitureFittings 2023-06-28 14970337 frs-core:ShareCapital 2023-06-28 14970337 frs-core:ShareCapital 2024-06-30 14970337 frs-core:RetainedEarningsAccumulatedLosses 2023-06-29 2024-06-30 14970337 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-06-28 14970337 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14970337 frs-bus:PrivateLimitedCompanyLtd 2023-06-29 2024-06-30 14970337 frs-bus:FilletedAccounts 2023-06-29 2024-06-30 14970337 frs-bus:SmallEntities 2023-06-29 2024-06-30 14970337 frs-bus:AuditExempt-NoAccountantsReport 2023-06-29 2024-06-30 14970337 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-29 2024-06-30 14970337 frs-bus:Director1 2023-06-29 2024-06-30 14970337 frs-countries:EnglandWales 2023-06-29 2024-06-30
Registered number: 14970337
Food Bae Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
A & CO ACCOUNTANTS
Contents
Page
Balance Sheet 1
Statement of Changes in Equity 2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14970337
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 14,584
14,584
CURRENT ASSETS
Stocks 5 428
Cash at bank and in hand 2,856
3,284
Creditors: Amounts Falling Due Within One Year 6 (14,795 )
NET CURRENT ASSETS (LIABILITIES) (11,511 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,073
NET ASSETS 3,073
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account 3,072
SHAREHOLDERS' FUNDS 3,073
For the year ending 30 June 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 Mohammad Malik
Director
21/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 1
Page 2
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 29 June 2023 1 - 1
Profit for the year and total comprehensive income - 3,072 3,072
As at 30 June 2024 1 3,072 3,073
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Food Bae Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14970337 . The registered office is Unit TB01, Wythenshawe Civic Centre, Manchester, M22 5RG.
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. 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:
Fixtures & Fittings 20
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 29 June 2023 18,230
As at 30 June 2024 18,230
Depreciation
As at 29 June 2023 -
Provided during the period 3,646
As at 30 June 2024 3,646
Net Book Value
As at 30 June 2024 14,584
As at 29 June 2023 18,230
Page 3
Page 4
5. Stocks
2024
£
Finished goods 428
6. Creditors: Amounts Falling Due Within One Year
2024
£
Other creditors 14,795
7. Share Capital
2024
£
Allotted, Called up and fully paid 1
Page 4