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 SC655321 Mr Adrian Kay Ms Francoise Kay iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC655321 2023-02-28 SC655321 2024-02-29 SC655321 2023-03-01 2024-02-29 SC655321 frs-core:CurrentFinancialInstruments 2024-02-29 SC655321 frs-core:PlantMachinery 2024-02-29 SC655321 frs-core:PlantMachinery 2023-03-01 2024-02-29 SC655321 frs-core:PlantMachinery 2023-02-28 SC655321 frs-core:ShareCapital 2024-02-29 SC655321 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 SC655321 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC655321 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 SC655321 frs-bus:SmallEntities 2023-03-01 2024-02-29 SC655321 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 SC655321 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 SC655321 frs-bus:Director1 2023-03-01 2024-02-29 SC655321 frs-bus:Director2 2023-03-01 2024-02-29 SC655321 frs-core:CurrentFinancialInstruments 2 2024-02-29 SC655321 frs-core:CurrentFinancialInstruments 3 2024-02-29 SC655321 frs-core:CurrentFinancialInstruments 4 2024-02-29 SC655321 frs-core:CurrentFinancialInstruments 7 2024-02-29 SC655321 frs-core:CurrentFinancialInstruments 8 2024-02-29 SC655321 frs-countries:Scotland 2023-03-01 2024-02-29 SC655321 2022-02-28 SC655321 2023-02-28 SC655321 2022-03-01 2023-02-28 SC655321 frs-core:CurrentFinancialInstruments 2023-02-28 SC655321 frs-core:ShareCapital 2023-02-28 SC655321 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 SC655321 frs-core:CurrentFinancialInstruments 2 2023-02-28 SC655321 frs-core:CurrentFinancialInstruments 3 2023-02-28 SC655321 frs-core:CurrentFinancialInstruments 4 2023-02-28 SC655321 frs-core:CurrentFinancialInstruments 5 2023-02-28 SC655321 frs-core:CurrentFinancialInstruments 6 2023-02-28 SC655321 frs-core:CurrentFinancialInstruments 7 2023-02-28 SC655321 frs-core:CurrentFinancialInstruments 8 2023-02-28
Registered number: SC655321
Fka Bfi Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Sutherland Black
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC655321
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,360 4,480
3,360 4,480
CURRENT ASSETS
Debtors 5 6,226 9,081
Cash at bank and in hand 221 910
6,447 9,991
Creditors: Amounts Falling Due Within One Year 6 (174,683 ) (143,616 )
NET CURRENT ASSETS (LIABILITIES) (168,236 ) (133,625 )
TOTAL ASSETS LESS CURRENT LIABILITIES (164,876 ) (129,145 )
NET LIABILITIES (164,876 ) (129,145 )
CAPITAL AND RESERVES
Called up share capital 7 200 200
Profit and Loss Account (165,076 ) (129,345 )
SHAREHOLDERS' FUNDS (164,876) (129,145)
Page 1
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
Mr Adrian Kay
Director
29/11/2024
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
Fka Bfi Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC655321 . The registered office is 7-8 , Inchwood Park, Bathgate, Scotland, EH48 2FY.
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 not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors are committed to continuing to finance the compnay, which is expected to trade into profit next year.
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. 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 25% RBM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 March 2023 6,368
As at 29 February 2024 6,368
Depreciation
As at 1 March 2023 1,888
Provided during the period 1,120
As at 29 February 2024 3,008
Net Book Value
As at 29 February 2024 3,360
As at 1 March 2023 4,480
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,818 1,664
Dry Clean Team Ltd (DCT) 190 750
FKA HFI Ltd 50 -
VAT 3,168 6,667
6,226 9,081
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 16,990 39,810
Other taxes and social security 6,631 1,253
Pension liability 112 17
Almond Valley Property 133,485 77,849
FKA Property - 3,960
FKA BML Ltd - 4,900
FKA HNL 88 -
FKA Textile 1,550 -
Accruals and deferred income 840 840
Directors' loan accounts 14,987 14,987
174,683 143,616
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Page 5
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 5