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 10261624 Mr Harun Zorel Mr Erdal Vural iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10261624 2023-07-31 10261624 2024-07-31 10261624 2023-08-01 2024-07-31 10261624 frs-core:CurrentFinancialInstruments 2024-07-31 10261624 frs-core:Non-currentFinancialInstruments 2024-07-31 10261624 frs-core:ComputerEquipment 2024-07-31 10261624 frs-core:ComputerEquipment 2023-08-01 2024-07-31 10261624 frs-core:ComputerEquipment 2023-07-31 10261624 frs-core:FurnitureFittings 2024-07-31 10261624 frs-core:FurnitureFittings 2023-08-01 2024-07-31 10261624 frs-core:FurnitureFittings 2023-07-31 10261624 frs-core:MotorVehicles 2024-07-31 10261624 frs-core:MotorVehicles 2023-08-01 2024-07-31 10261624 frs-core:MotorVehicles 2023-07-31 10261624 frs-core:PlantMachinery 2024-07-31 10261624 frs-core:PlantMachinery 2023-08-01 2024-07-31 10261624 frs-core:PlantMachinery 2023-07-31 10261624 frs-core:ShareCapital 2024-07-31 10261624 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10261624 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10261624 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10261624 frs-bus:SmallEntities 2023-08-01 2024-07-31 10261624 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10261624 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10261624 frs-bus:Director1 2023-08-01 2024-07-31 10261624 frs-bus:Director2 2023-08-01 2024-07-31 10261624 frs-countries:EnglandWales 2023-08-01 2024-07-31 10261624 2022-07-31 10261624 2023-07-31 10261624 2022-08-01 2023-07-31 10261624 frs-core:CurrentFinancialInstruments 2023-07-31 10261624 frs-core:Non-currentFinancialInstruments 2023-07-31 10261624 frs-core:ShareCapital 2023-07-31 10261624 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 10261624
Abbey Grill Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Trek Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10261624
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 53,401 21,349
53,401 21,349
CURRENT ASSETS
Stocks 5 2,000 2,000
Debtors 6 25,766 42,214
Cash at bank and in hand 45,740 22,827
73,506 67,041
Creditors: Amounts Falling Due Within One Year 7 (85,327 ) (50,538 )
NET CURRENT ASSETS (LIABILITIES) (11,821 ) 16,503
TOTAL ASSETS LESS CURRENT LIABILITIES 41,580 37,852
Creditors: Amounts Falling Due After More Than One Year 8 (34,101 ) (33,525 )
NET ASSETS 7,479 4,327
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 7,478 4,326
SHAREHOLDERS' FUNDS 7,479 4,327
Page 1
Page 2
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.
On behalf of the board
Mr Harun Zorel
Director
13th February 2025
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
Abbey Grill Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10261624 . The registered office is 14 & 15 Southernhay West, Exeter, EX1 1PL.
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 18% Reducing balance
Motor Vehicles 18% Reducing balance
Fixtures & Fittings 18% Reducing balance
Computer Equipment 18% 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: 5 (2023: 5)
5 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2023 19,000 3,600 19,700 - 42,300
Additions 17,704 - 14,090 7,809 39,603
As at 31 July 2024 36,704 3,600 33,790 7,809 81,903
Depreciation
As at 1 August 2023 8,019 1,510 11,422 - 20,951
Provided during the period 1,743 376 4,026 1,406 7,551
As at 31 July 2024 9,762 1,886 15,448 1,406 28,502
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 July 2024 26,942 1,714 18,342 6,403 53,401
As at 1 August 2023 10,981 2,090 8,278 - 21,349
5. Stocks
2024 2023
£ £
Stock 2,000 2,000
6. Debtors
2024 2023
£ £
Due within one year
Directors' loan accounts 25,766 42,214
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
PAYE Tax 98 149
VAT 83,729 48,514
Accruals and deferred income 1,500 1,875
85,327 50,538
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 34,101 33,525
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4