Acorah Software Products - Accounts Production 16.0.110 false true true 30 June 2023 11 January 2022 false 1 July 2023 30 June 2024 30 June 2024 13842108 Mr T Bolton Miss R Howes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13842108 2023-06-30 13842108 2024-06-30 13842108 2023-07-01 2024-06-30 13842108 frs-core:CurrentFinancialInstruments 2024-06-30 13842108 frs-core:Non-currentFinancialInstruments 2024-06-30 13842108 frs-core:BetweenOneFiveYears 2024-06-30 13842108 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 13842108 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 13842108 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-30 13842108 frs-core:PlantMachinery 2024-06-30 13842108 frs-core:PlantMachinery 2023-07-01 2024-06-30 13842108 frs-core:PlantMachinery 2023-06-30 13842108 frs-core:WithinOneYear 2024-06-30 13842108 frs-core:ShareCapital 2024-06-30 13842108 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 13842108 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 13842108 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 13842108 frs-bus:SmallEntities 2023-07-01 2024-06-30 13842108 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 13842108 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 13842108 frs-bus:Director1 2023-07-01 2024-06-30 13842108 frs-bus:Director2 2023-07-01 2024-06-30 13842108 frs-countries:EnglandWales 2023-07-01 2024-06-30 13842108 2022-01-10 13842108 2023-06-30 13842108 2022-01-11 2023-06-30 13842108 frs-core:CurrentFinancialInstruments 2023-06-30 13842108 frs-core:Non-currentFinancialInstruments 2023-06-30 13842108 frs-core:BetweenOneFiveYears 2023-06-30 13842108 frs-core:WithinOneYear 2023-06-30 13842108 frs-core:ShareCapital 2023-06-30 13842108 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 13842108
Willows Deli Ltd
Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13842108
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 80,944 93,580
80,944 93,580
CURRENT ASSETS
Stocks 5 6,575 7,550
Debtors 6 32,359 49,977
Cash at bank and in hand 121,334 99,430
160,268 156,957
Creditors: Amounts Falling Due Within One Year 7 (80,202 ) (50,007 )
NET CURRENT ASSETS (LIABILITIES) 80,066 106,950
TOTAL ASSETS LESS CURRENT LIABILITIES 161,010 200,530
Creditors: Amounts Falling Due After More Than One Year 8 (205,321 ) (238,586 )
NET LIABILITIES (44,311 ) (38,056 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (44,312 ) (38,057 )
SHAREHOLDERS' FUNDS (44,311) (38,056)
Page 1
Page 2
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 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 T Bolton
Director
29 November 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
Willows Deli Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13842108 . The registered office is 7 West End Place, Weston Turville, Bucks, HP22 5QZ.
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 company is in the early stages of setting the deli up and has reviewed it’s position and considers that it will continue to operate as a going concern, by using day to day working capital and longer term financing offered by the shareholders with their loans to support the business through the early years of trading.
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:
Leasehold over 10 years
Plant & Machinery over 4 and 5 years
2.5. 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: 15 (2023: 12)
15 12
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 July 2023 56,926 72,475 129,401
Additions 2,307 4,280 6,587
Disposals - (2,106 ) (2,106 )
As at 30 June 2024 59,233 74,649 133,882
Depreciation
As at 1 July 2023 8,539 27,282 35,821
Provided during the period 5,923 11,984 17,907
Disposals - (790 ) (790 )
As at 30 June 2024 14,462 38,476 52,938
Net Book Value
As at 30 June 2024 44,771 36,173 80,944
As at 1 July 2023 48,387 45,193 93,580
5. Stocks
30 June 2024 30 June 2023
£ £
Stock 6,575 7,550
6. Debtors
30 June 2024 30 June 2023
£ £
Due within one year
Other debtors 32,359 49,977
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Page 5
7. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Trade creditors 3,964 2,283
Other creditors 52,305 23,160
Taxation and social security 23,933 24,564
80,202 50,007
8. Creditors: Amounts Falling Due After More Than One Year
30 June 2024 30 June 2023
£ £
Other creditors 205,321 238,586
9. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 1 1
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
30 June 2024 30 June 2023
£ £
Not later than one year 37,500 41,250
Later than one year and not later than five years 200,000 -
237,500 41,250
11. Related Party Transactions
Included in other creditors due after more than one year was £205,321 due to the directors of the company (2022: £238,586). 
Interest was charged on the directors' loans at the Base Rate + 2.75%
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