Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08484200 Mrs R L Kenny Mr L P Kenny iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08484200 2023-04-30 08484200 2024-04-30 08484200 2023-05-01 2024-04-30 08484200 frs-core:CurrentFinancialInstruments 2024-04-30 08484200 frs-core:Non-currentFinancialInstruments 2024-04-30 08484200 frs-core:ComputerEquipment 2024-04-30 08484200 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08484200 frs-core:ComputerEquipment 2023-04-30 08484200 frs-core:FurnitureFittings 2024-04-30 08484200 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08484200 frs-core:FurnitureFittings 2023-04-30 08484200 frs-core:PlantMachinery 2024-04-30 08484200 frs-core:PlantMachinery 2023-05-01 2024-04-30 08484200 frs-core:PlantMachinery 2023-04-30 08484200 frs-core:ShareCapital 2024-04-30 08484200 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08484200 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08484200 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08484200 frs-bus:SmallEntities 2023-05-01 2024-04-30 08484200 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08484200 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08484200 frs-bus:OrdinaryShareClass1 2023-05-01 2024-04-30 08484200 frs-bus:OrdinaryShareClass1 2024-04-30 08484200 frs-bus:OrdinaryShareClass3 2023-05-01 2024-04-30 08484200 frs-bus:OrdinaryShareClass3 2024-04-30 08484200 frs-bus:Director1 2023-05-01 2024-04-30 08484200 frs-bus:Director2 2023-05-01 2024-04-30 08484200 frs-countries:EnglandWales 2023-05-01 2024-04-30 08484200 2022-04-30 08484200 2023-04-30 08484200 2022-05-01 2023-04-30 08484200 frs-core:CurrentFinancialInstruments 2023-04-30 08484200 frs-core:Non-currentFinancialInstruments 2023-04-30 08484200 frs-core:ShareCapital 2023-04-30 08484200 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 08484200 frs-bus:OrdinaryShareClass1 2022-05-01 2023-04-30 08484200 frs-bus:OrdinaryShareClass3 2022-05-01 2023-04-30
Registered number: 08484200
Kennys Sports Bar Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Deans
Gibson House Hurricane Court
Hurricane Close
Stafford
ST16 1GZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08484200
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 127,230 67,343
127,230 67,343
CURRENT ASSETS
Stocks 5 10,500 10,500
Debtors 6 26,319 8,312
Cash at bank and in hand 133,885 137,487
170,704 156,299
Creditors: Amounts Falling Due Within One Year 7 (105,662 ) (71,634 )
NET CURRENT ASSETS (LIABILITIES) 65,042 84,665
TOTAL ASSETS LESS CURRENT LIABILITIES 192,272 152,008
Creditors: Amounts Falling Due After More Than One Year 8 (16,667 ) (26,667 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (26,208 ) (13,469 )
NET ASSETS 149,397 111,872
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 149,197 111,672
SHAREHOLDERS' FUNDS 149,397 111,872
Page 1
Page 2
For the year ending 30 April 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 L P Kenny
Director
19 December 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
Kennys Sports Bar Limited is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1a "Small Entities" and the Companies Act 2006.  The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.  The policies adopted for the recognition of turnover are as follows:
Sale of goods
Turnover from the sale of food and drink is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually at the point that the customer has paid for the goods. These goods can include the sale of physical goods or the hiring of goods.
Interest receivable
Interest income is recognised using the effective interest method.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.  Cost includes costs directly attributable to making the asset capable of operating as intended.  Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
Plant & Machinery 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 20% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are stated at the lower of cost and estimated selling price less costs to complete and sell.  Cost includes all cost of purchase, cost of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula.  Provision is made for damaged, obsolete and slow-moving stock where appropriate.
2.5. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.  
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements.  Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
...CONTINUED
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Page 4
2.5. Taxation - continued
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.6. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
2.7. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 15)
15 15
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 55,504 87,079 7,858 150,441
Additions 29,403 29,386 25,574 84,363
As at 30 April 2024 84,907 116,465 33,432 234,804
Depreciation
As at 1 May 2023 38,139 41,077 3,882 83,098
Provided during the period 7,258 11,308 5,910 24,476
As at 30 April 2024 45,397 52,385 9,792 107,574
Net Book Value
As at 30 April 2024 39,510 64,080 23,640 127,230
As at 1 May 2023 17,365 46,002 3,976 67,343
5. Stocks
2024 2023
£ £
Stock 10,500 10,500
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 20,648 942
Other debtors 5,671 7,370
26,319 8,312
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 25,648 12,617
Bank loans and overdrafts 10,000 10,000
Corporation tax 8,253 17,796
VAT 1,684 8,008
Other creditors 4,410 5,036
Accruals and deferred income 16,067 4,108
Directors' loan accounts 39,600 14,069
105,662 71,634
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 16,667 26,667
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
100 Ordinary B shares of £ 1.00 each 100 100
200 200
Page 5