Acorah Software Products - Accounts Production 16.1.300 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 SC416427 Mr Stephen Smith Mr Paul Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC416427 2023-02-28 SC416427 2024-02-29 SC416427 2023-03-01 2024-02-29 SC416427 frs-core:CurrentFinancialInstruments 2024-02-29 SC416427 frs-core:ComputerEquipment 2023-03-01 2024-02-29 SC416427 frs-core:FurnitureFittings 2024-02-29 SC416427 frs-core:FurnitureFittings 2023-03-01 2024-02-29 SC416427 frs-core:FurnitureFittings 2023-02-28 SC416427 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-29 SC416427 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 SC416427 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 SC416427 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 SC416427 frs-core:MotorVehicles 2023-03-01 2024-02-29 SC416427 frs-core:PlantMachinery 2023-03-01 2024-02-29 SC416427 frs-core:CapitalRedemptionReserve 2024-02-29 SC416427 frs-core:SharePremium 2024-02-29 SC416427 frs-core:ShareCapital 2024-02-29 SC416427 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 SC416427 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC416427 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 SC416427 frs-bus:SmallEntities 2023-03-01 2024-02-29 SC416427 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 SC416427 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 SC416427 frs-bus:Director1 2023-03-01 2024-02-29 SC416427 frs-bus:Director2 2023-03-01 2024-02-29 SC416427 frs-countries:Scotland 2023-03-01 2024-02-29 SC416427 2022-02-28 SC416427 2023-02-28 SC416427 2022-03-01 2023-02-28 SC416427 frs-core:CurrentFinancialInstruments 2023-02-28 SC416427 frs-core:CapitalRedemptionReserve 2023-02-28 SC416427 frs-core:SharePremium 2023-02-28 SC416427 frs-core:ShareCapital 2023-02-28 SC416427 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: SC416427
Cheers Dumbarton Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC416427
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 206,368 211,798
206,368 211,798
CURRENT ASSETS
Debtors 5 8,668 (163,889 )
Cash at bank and in hand 2,242 2,526
10,910 (161,363 )
Creditors: Amounts Falling Due Within One Year 6 (227,869 ) (41,144 )
NET CURRENT ASSETS (LIABILITIES) (216,959 ) (202,507 )
TOTAL ASSETS LESS CURRENT LIABILITIES (10,591 ) 9,291
NET (LIABILITIES)/ASSETS (10,591 ) 9,291
CAPITAL AND RESERVES
Called up share capital 7 100 100
Share premium account 105,025 105,025
Capital redemption reserve 96 96
Profit and Loss Account (115,812 ) (95,930 )
SHAREHOLDERS' FUNDS (10,591) 9,291
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Page 2
For the year ending 29 February 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 Paul Smith
Director
07/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cheers Dumbarton Limited is a private company, limited by shares, incorporated in Scotland, registered number SC416427 . The registered office is 52-54 King Street, Stirling , Scotland, FK8 1AY.
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. 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:
Freehold 2%
Leasehold 4%
Plant & Machinery 20%
Motor Vehicles 25%
Fixtures & Fittings 20%
Computer Equipment 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 March 2023 271,495 62,402 333,897
As at 29 February 2024 271,495 62,402 333,897
Depreciation
As at 1 March 2023 59,697 62,402 122,099
Provided during the period 5,430 - 5,430
As at 29 February 2024 65,127 62,402 127,529
Net Book Value
As at 29 February 2024 206,368 - 206,368
As at 1 March 2023 211,798 - 211,798
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 1,871
Other debtors 8,668 -
8,668 1,871
Due after more than one year
Amounts owed by participating interests - (165,760)
8,668 (163,889 )
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 30,417 2,663
Amounts owed to participating interests 175,510 -
Other creditors 21,942 38,481
227,869 41,144
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
The balance due to Lochrise Ltd at the balance sheet date was £104,880 (2023: £96,880). Lochrise Ltd provided funds of £8,000 to Cheers Dumbarton Ltd during the year.
The balance due to Endeavour Hospitality Ltd at the balance sheet date was £70,680 (2023: £63,680). Endeavour Hospitality Ltd provided funds of £7,000 to Cheers Dunbarton Limited during the year.
The balance due to Fubar Stirling Ltd at the balance sheet date was £5,450 (2023: £5,450).
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