Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 05147609 Martin David Kilgallon Anne-Marie Kilgallon Rose-Mary Mary Kilgallon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05147609 2023-07-31 05147609 2024-07-31 05147609 2023-08-01 2024-07-31 05147609 frs-core:Non-currentFinancialInstruments 2024-07-31 05147609 frs-core:FurnitureFittings 2023-08-01 2024-07-31 05147609 frs-core:NetGoodwill 2023-08-01 2024-07-31 05147609 frs-core:MotorVehicles 2023-08-01 2024-07-31 05147609 frs-core:WithinOneYear 2024-07-31 05147609 frs-core:ShareCapital 2024-07-31 05147609 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 05147609 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05147609 frs-bus:AbridgedAccounts 2023-08-01 2024-07-31 05147609 frs-bus:SmallEntities 2023-08-01 2024-07-31 05147609 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 05147609 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05147609 frs-bus:Director1 2023-08-01 2024-07-31 05147609 frs-bus:Director1 2023-07-31 05147609 frs-bus:Director1 2024-07-31 05147609 frs-bus:Director2 2023-08-01 2024-07-31 05147609 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 05147609 frs-countries:EnglandWales 2023-08-01 2024-07-31 05147609 2022-07-31 05147609 2023-07-31 05147609 2022-08-01 2023-07-31 05147609 frs-core:Non-currentFinancialInstruments 2023-07-31 05147609 frs-core:WithinOneYear 2023-07-31 05147609 frs-core:ShareCapital 2023-07-31 05147609 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 05147609
The Full Munchy Catering Solutions Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 05147609
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 22,376 22,376
Tangible Assets 5 473,002 389,319
495,378 411,695
CURRENT ASSETS
Stocks 3,000 6,000
Debtors 103,747 107,931
Cash at bank and in hand 201,070 126,941
307,817 240,872
Creditors: Amounts Falling Due Within One Year (357,264 ) (272,519 )
NET CURRENT ASSETS (LIABILITIES) (49,447 ) (31,647 )
TOTAL ASSETS LESS CURRENT LIABILITIES 445,931 380,048
Creditors: Amounts Falling Due After More Than One Year (67,458 ) (79,443 )
NET ASSETS 378,473 300,605
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 378,373 300,505
SHAREHOLDERS' FUNDS 378,473 300,605
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For the year ending 31 July 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 July 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Martin David Kilgallon
Director
24/10/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
The Full Munchy Catering Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05147609 . The registered office is Unit 200 Batley Enterprise Centre, Bradford Road, Batley, West Yorkshire, WF17 8LL.
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. 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 3 years.
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:
Motor Vehicles 15% Reducing balance
Fixtures & Fittings 15% Reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 11 13
Sales, marketing and distribution 3 4
14 17
4. Intangible Assets
Total
£
Cost
As at 1 August 2023 22,376
As at 31 July 2024 22,376
Net Book Value
As at 31 July 2024 22,376
As at 1 August 2023 22,376
5. Tangible Assets
Total
£
Cost
As at 1 August 2023 946,870
Additions 167,153
As at 31 July 2024 1,114,023
Depreciation
As at 1 August 2023 557,551
Provided during the period 83,470
As at 31 July 2024 641,021
Net Book Value
As at 31 July 2024 473,002
As at 1 August 2023 389,319
6. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 20,970 34,454
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Martin Kilgallon 16,073 - 16,073 - -
The above loan is unsecured, interest free and repayable on demand.
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