Acorah Software Products - Accounts Production 16.1.200 false true false 1 January 2023 6 January 2024 6 January 2024 08335426 Mrs Elinor Davies Mr Gary Davies iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08335426 2022-12-31 08335426 2024-01-06 08335426 2023-01-01 2024-01-06 08335426 frs-core:CurrentFinancialInstruments 2024-01-06 08335426 frs-core:MotorVehicles 2024-01-06 08335426 frs-core:MotorVehicles 2023-01-01 2024-01-06 08335426 frs-core:MotorVehicles 2022-12-31 08335426 frs-core:PlantMachinery 2024-01-06 08335426 frs-core:PlantMachinery 2023-01-01 2024-01-06 08335426 frs-core:PlantMachinery 2022-12-31 08335426 frs-core:RetainedEarningsAccumulatedLosses 2024-01-06 08335426 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2024-01-06 08335426 frs-bus:FilletedAccounts 2023-01-01 2024-01-06 08335426 frs-bus:SmallEntities 2023-01-01 2024-01-06 08335426 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2024-01-06 08335426 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2024-01-06 08335426 frs-bus:Director1 2023-01-01 2024-01-06 08335426 frs-bus:Director2 2023-01-01 2024-01-06 08335426 frs-countries:EnglandWales 2023-01-01 2024-01-06
Registered number: 08335426
Gd Meats (Mountain Ash) Ltd
Unaudited Financial Statements
For The Year Ended 6 January 2024
SBL Business Services Ltd.
26 Allen Street
Caegarw
Mountain Ash
RCT
CF45 4BD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08335426
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 11,527
11,527
CURRENT ASSETS
Stocks 5 5,196
Debtors 6 1,774
Cash at bank and in hand 930
7,900
Creditors: Amounts Falling Due Within One Year 7 (4,702 )
NET CURRENT ASSETS (LIABILITIES) 3,198
TOTAL ASSETS LESS CURRENT LIABILITIES 14,725
NET ASSETS 14,725
Profit and Loss Account 14,725
SHAREHOLDERS' FUNDS 14,725
For the year ending 6 January 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 Gary Davies
Director
06/01/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Gd Meats (Mountain Ash) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08335426 . The registered office is 23 Oxford Street, Mountain Ash, Rct, CF45 3PL.
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 20%
Motor Vehicles 25%
Staright line depreciation on both Plant and machinery and Vahicles
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: 5
5
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2023 13,401 21,315 34,716
As at 6 January 2024 13,401 21,315 34,716
Depreciation
As at 1 January 2023 10,679 12,510 23,189
As at 6 January 2024 10,679 12,510 23,189
Net Book Value
As at 6 January 2024 2,722 8,805 11,527
As at 1 January 2023 2,722 8,805 11,527
Page 2
Page 3
5. Stocks
2024
£
Finished goods 5,196
6. Debtors
2024
£
Due within one year
Other debtors 1,774
7. Creditors: Amounts Falling Due Within One Year
2024
£
Bank loans and overdrafts 4,702
8. Share Capital
2024
£
Page 3