Acorah Software Products - Accounts Production 16.0.110 false true false 1 September 2023 31 August 2024 31 August 2024 12835599 Mr Marco Scorovich Mrs Lyall Scorovich iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12835599 2023-08-31 12835599 2024-08-31 12835599 2023-09-01 2024-08-31 12835599 frs-core:CurrentFinancialInstruments 2024-08-31 12835599 frs-core:Non-currentFinancialInstruments 2024-08-31 12835599 frs-core:ComputerEquipment 2024-08-31 12835599 frs-core:ComputerEquipment 2023-09-01 2024-08-31 12835599 frs-core:ComputerEquipment 2023-08-31 12835599 frs-core:FurnitureFittings 2023-09-01 2024-08-31 12835599 frs-core:MotorVehicles 2024-08-31 12835599 frs-core:MotorVehicles 2023-09-01 2024-08-31 12835599 frs-core:MotorVehicles 2023-08-31 12835599 frs-core:PlantMachinery 2024-08-31 12835599 frs-core:PlantMachinery 2023-09-01 2024-08-31 12835599 frs-core:PlantMachinery 2023-08-31 12835599 frs-core:ShareCapital 2024-08-31 12835599 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12835599 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12835599 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12835599 frs-bus:SmallEntities 2023-09-01 2024-08-31 12835599 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12835599 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12835599 frs-bus:Director1 2023-09-01 2024-08-31 12835599 frs-bus:Director2 2023-09-01 2024-08-31 12835599 frs-countries:EnglandWales 2023-09-01 2024-08-31
Registered number: 12835599
Thyme and Beyond Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Leo Bookkeeping
MAAT
3 Hanbury Lodge
Broadmoor
Kilgetty
Pembrokeshire
SA68 0RH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12835599
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 46,110
46,110
CURRENT ASSETS
Debtors 5 1,890
Cash at bank and in hand 18,533
20,423
Creditors: Amounts Falling Due Within One Year 6 (3,222 )
NET CURRENT ASSETS (LIABILITIES) 17,201
TOTAL ASSETS LESS CURRENT LIABILITIES 63,311
Creditors: Amounts Falling Due After More Than One Year 7 (102,838 )
NET LIABILITIES (39,527 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (39,627 )
SHAREHOLDERS' FUNDS (39,527)
Page 1
Page 2
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
Mrs Lyall Scorovich
Director
03/12/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Thyme and Beyond Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12835599 . The registered office is Pleasant Valley, Stepaside, Narberth, Pembrokeshire, SA67 8LR.
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:
Plant & Machinery 15%
Motor Vehicles 25%
Fixtures & Fittings 25%
Computer Equipment 15%
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
-
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 75,149 5,300 900 81,349
Additions 561 7,700 1,976 10,237
Transfers - (4,200 ) - (4,200 )
As at 31 August 2024 75,710 8,800 2,876 87,386
Depreciation
As at 1 September 2023 28,358 2,319 250 30,927
Provided during the period 7,285 2,670 394 10,349
As at 31 August 2024 35,643 4,989 644 41,276
Net Book Value
As at 31 August 2024 40,067 3,811 2,232 46,110
As at 1 September 2023 46,791 2,981 650 50,422
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5. Debtors
2024
£
Due within one year
Other debtors 1,890
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 1,773
Other creditors 1,449
3,222
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Other creditors 102,838
8. Share Capital
2024
£
Allotted, Called up and fully paid 100
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