Acorah Software Products - Accounts Production 16.0.110 false true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 08145764 Mr Daniel Warder Mr Vernon Warder Mr Daniel Warder true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08145764 2023-01-31 08145764 2024-01-31 08145764 2023-02-01 2024-01-31 08145764 frs-core:CurrentFinancialInstruments 2024-01-31 08145764 frs-core:Non-currentFinancialInstruments 2024-01-31 08145764 frs-core:ComputerEquipment 2024-01-31 08145764 frs-core:ComputerEquipment 2023-02-01 2024-01-31 08145764 frs-core:ComputerEquipment 2023-01-31 08145764 frs-core:FurnitureFittings 2024-01-31 08145764 frs-core:FurnitureFittings 2023-02-01 2024-01-31 08145764 frs-core:FurnitureFittings 2023-01-31 08145764 frs-core:NetGoodwill 2024-01-31 08145764 frs-core:NetGoodwill 2023-02-01 2024-01-31 08145764 frs-core:NetGoodwill 2023-01-31 08145764 frs-core:PlantMachinery 2024-01-31 08145764 frs-core:PlantMachinery 2023-02-01 2024-01-31 08145764 frs-core:PlantMachinery 2023-01-31 08145764 frs-core:ShareCapital 2024-01-31 08145764 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 08145764 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08145764 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 08145764 frs-bus:SmallEntities 2023-02-01 2024-01-31 08145764 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08145764 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08145764 1 2023-02-01 2024-01-31 08145764 frs-bus:Director1 2023-02-01 2024-01-31 08145764 frs-bus:Director1 2023-01-31 08145764 frs-bus:Director1 2024-01-31 08145764 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 08145764 frs-core:CurrentFinancialInstruments 1 2024-01-31 08145764 frs-countries:EnglandWales 2023-02-01 2024-01-31 08145764 2022-01-31 08145764 2023-01-31 08145764 2022-02-01 2023-01-31 08145764 frs-core:CurrentFinancialInstruments 2023-01-31 08145764 frs-core:Non-currentFinancialInstruments 2023-01-31 08145764 frs-core:ShareCapital 2023-01-31 08145764 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 08145764 frs-core:CurrentFinancialInstruments 1 2023-01-31 08145764 frs-core:CurrentFinancialInstruments 2 2023-01-31
Registered number: 08145764
North Beach Pizzeria Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Xeinadin South Wales & West Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08145764
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 4,000 6,000
Tangible Assets 5 42,550 53,970
46,550 59,970
CURRENT ASSETS
Stocks 6 3,328 3,025
Debtors 7 91,501 43,983
Cash at bank and in hand 102,598 154,218
197,427 201,226
Creditors: Amounts Falling Due Within One Year 8 (203,300 ) (199,563 )
NET CURRENT ASSETS (LIABILITIES) (5,873 ) 1,663
TOTAL ASSETS LESS CURRENT LIABILITIES 40,677 61,633
Creditors: Amounts Falling Due After More Than One Year 9 (47,237 ) (51,000 )
NET (LIABILITIES)/ASSETS (6,560 ) 10,633
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account (6,562 ) 10,631
SHAREHOLDERS' FUNDS (6,560) 10,633
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Daniel Warder
Director
18/09/2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
North Beach Pizzeria Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08145764 . The registered office is Top Joes, Upper Frog Street, Tenby, Pembrokeshire, SA70 7JD.
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.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. 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% Reducing balance
Fixtures & Fittings 20% Reducing balance
Computer Equipment 33% Straight line
2.6. 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.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2023: 4)
14 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2023 20,000
As at 31 January 2024 20,000
Amortisation
As at 1 February 2023 14,000
Provided during the period 2,000
As at 31 January 2024 16,000
Net Book Value
As at 31 January 2024 4,000
As at 1 February 2023 6,000
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5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 86,809 22,018 2,980 111,807
As at 31 January 2024 86,809 22,018 2,980 111,807
Depreciation
As at 1 February 2023 41,705 14,939 1,193 57,837
Provided during the period 9,021 1,416 983 11,420
As at 31 January 2024 50,726 16,355 2,176 69,257
Net Book Value
As at 31 January 2024 36,083 5,663 804 42,550
As at 1 February 2023 45,104 7,079 1,787 53,970
6. Stocks
2024 2023
£ £
Stock 3,328 3,025
7. Debtors
2024 2023
£ £
Due within one year
Other debtors - S455 Tax 29,414 17,424
Director's loan account 62,087 26,559
91,501 43,983
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 44,944 44,579
Bank loans and overdrafts 17,080 17,080
Corporation tax 15,194 3,204
Other taxes and social security 25,471 42,508
VAT 37,416 47,226
Pensions Payable - 232
Accrued expenses 1,237 1,750
Amounts owed to related parties 61,958 42,984
203,300 199,563
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9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 47,237 51,000
47,237 51,000
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
11. Directors Advances, Credits and Guarantees
During the year, the director used the company current account to record the amounts due to him and drawn by him. Loans and advances totalling £35,528 and repayments totalling £nil were made. At the year end, the balance owed to the company £62,087 (2023 : £26,559 owed by the company).
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Mr Daniel Warder 26,559 35,528 - - 62,087
The above loan is unsecured, interest free and repayable on demand.
12. Related Party Transactions
The director was voted no dividends during the year (2023: £14,000). 
The director shareholder in North Beach Pizzeria Limited is also director shareholder in Landsker Cuisine Limited. At the year end, the balance owed to Landsker Cuisine Limited was £22,833 (2023: £22,833) and Top beef Limited £39,125 (2023: £20,150).
13. Ultimate Controlling Party
The company's ultimate controlling party is Mr Daniel Warder by virtue of his ownership of 100% of the issued share capital in the company.
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