Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09102475 Mr Kevin Gallichan Miss Merran Lawrence iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09102475 2023-06-30 09102475 2024-06-30 09102475 2023-07-01 2024-06-30 09102475 frs-core:CurrentFinancialInstruments 2024-06-30 09102475 frs-core:Non-currentFinancialInstruments 2024-06-30 09102475 frs-core:FurnitureFittings 2024-06-30 09102475 frs-core:FurnitureFittings 2023-07-01 2024-06-30 09102475 frs-core:FurnitureFittings 2023-06-30 09102475 frs-core:PlantMachinery 2024-06-30 09102475 frs-core:PlantMachinery 2023-07-01 2024-06-30 09102475 frs-core:PlantMachinery 2023-06-30 09102475 frs-core:ShareCapital 2024-06-30 09102475 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09102475 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09102475 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09102475 frs-bus:SmallEntities 2023-07-01 2024-06-30 09102475 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09102475 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09102475 frs-core:UnlistedNon-exchangeTraded 2024-06-30 09102475 frs-core:UnlistedNon-exchangeTraded 2023-06-30 09102475 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-06-30 09102475 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-06-30 09102475 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-06-30 09102475 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-06-30 09102475 frs-bus:Director1 2023-07-01 2024-06-30 09102475 frs-bus:Director2 2023-07-01 2024-06-30 09102475 frs-core:CurrentFinancialInstruments 1 2024-06-30 09102475 frs-core:CurrentFinancialInstruments 2 2024-06-30 09102475 frs-countries:EnglandWales 2023-07-01 2024-06-30 09102475 2022-06-30 09102475 2023-06-30 09102475 2022-07-01 2023-06-30 09102475 frs-core:CurrentFinancialInstruments 2023-06-30 09102475 frs-core:Non-currentFinancialInstruments 2023-06-30 09102475 frs-core:ShareCapital 2023-06-30 09102475 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 09102475 frs-core:CurrentFinancialInstruments 1 2023-06-30 09102475 frs-core:CurrentFinancialInstruments 2 2023-06-30
Registered number: 09102475
Gallichan Pub Co Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Mendip Accounting Solutions Ltd
6 Hill Road
Clevedon
North Somerset
BS21 7NE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09102475
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,856 19,175
Investments 5 7,629 7,629
37,485 26,804
CURRENT ASSETS
Stocks 6 17,611 16,490
Debtors 7 16,649 10,472
Cash at bank and in hand 8,591 3,159
42,851 30,121
Creditors: Amounts Falling Due Within One Year 8 (165,892 ) (100,847 )
NET CURRENT ASSETS (LIABILITIES) (123,041 ) (70,726 )
TOTAL ASSETS LESS CURRENT LIABILITIES (85,556 ) (43,922 )
Creditors: Amounts Falling Due After More Than One Year 9 (20,957 ) (47,180 )
NET LIABILITIES (106,513 ) (91,102 )
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account (106,515 ) (91,104 )
SHAREHOLDERS' FUNDS (106,513) (91,102)
Page 1
Page 2
For the year ending 30 June 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
Miss Merran Lawrence
Director
07/02/2025
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
Gallichan Pub Co Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09102475 . The registered office is 6 Hill Road, Clevedon, North Somerset, BS21 7NE.
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 25% reducing balance
Fixtures & Fittings 20% reducing balance
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: 28 (2023: 16)
28 16
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 July 2023 4,724 41,070 45,794
Additions 18,330 92 18,422
As at 30 June 2024 23,054 41,162 64,216
Depreciation
As at 1 July 2023 1,495 25,124 26,619
Provided during the period 1,109 6,632 7,741
As at 30 June 2024 2,604 31,756 34,360
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 June 2024 20,450 9,406 29,856
As at 1 July 2023 3,229 15,946 19,175
5. Investments
Unlisted
£
Cost
As at 1 July 2023 7,629
As at 30 June 2024 7,629
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 7,629
As at 1 July 2023 7,629
6. Stocks
2024 2023
£ £
Materials 17,611 16,490
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 15,812 6,812
Prepayments and accrued income - 231
Pension contributions 635 3,429
16,447 10,472
Due after more than one year
Net wages 202 -
16,649 10,472
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 59,979 17,130
Bank loans and overdrafts 39,054 48,462
Other taxes and social security 9,331 2,651
VAT 28,006 12,650
M Lawrence loan 3,010 -
Other creditors (2) 26,512 19,954
165,892 100,847
Page 4
Page 5
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 20,957 47,180
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 5