Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2024 1 January 2024 false 1 July 2024 31 December 2024 31 December 2024 11721618 Mr Peter Buck iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11721618 2024-06-30 11721618 2024-12-31 11721618 2024-07-01 2024-12-31 11721618 frs-core:CurrentFinancialInstruments 2024-12-31 11721618 frs-core:ComputerEquipment 2024-12-31 11721618 frs-core:ComputerEquipment 2024-07-01 2024-12-31 11721618 frs-core:ComputerEquipment 2024-06-30 11721618 frs-core:PlantMachinery 2024-12-31 11721618 frs-core:PlantMachinery 2024-07-01 2024-12-31 11721618 frs-core:PlantMachinery 2024-06-30 11721618 frs-core:ShareCapital 2024-12-31 11721618 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11721618 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2024-12-31 11721618 frs-bus:FilletedAccounts 2024-07-01 2024-12-31 11721618 frs-bus:SmallEntities 2024-07-01 2024-12-31 11721618 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2024-12-31 11721618 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2024-12-31 11721618 frs-bus:Director1 2024-07-01 2024-12-31 11721618 frs-countries:EnglandWales 2024-07-01 2024-12-31 11721618 2023-12-31 11721618 2024-06-30 11721618 2024-01-01 2024-06-30 11721618 frs-core:CurrentFinancialInstruments 2024-06-30 11721618 frs-core:ShareCapital 2024-06-30 11721618 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 11721618
Provenance Flavours Limited
Unaudited Financial Statements
For the Period 1 July 2024 to 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11721618
31 December 2024 30 June 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,747 3,192
5,747 3,192
CURRENT ASSETS
Stocks - 1,000
Debtors 5 35,487 7,613
Cash at bank and in hand 103,171 73,796
138,658 82,409
Creditors: Amounts Falling Due Within One Year 6 (71,798 ) (48,944 )
NET CURRENT ASSETS (LIABILITIES) 66,860 33,465
TOTAL ASSETS LESS CURRENT LIABILITIES 72,607 36,657
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,475 ) -
NET ASSETS 71,132 36,657
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 71,032 36,557
SHAREHOLDERS' FUNDS 71,132 36,657
Page 1
Page 2
For the period ending 31 December 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 Peter Buck
Director
17/02/2025
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
Provenance Flavours Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11721618 . The registered office is Grosvenor House, 11 St. Pauls Square, Birmingham, B3 1RB.
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% on Cost
Computer Equipment 25% on Cost
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 July 2024 3,895 2,344 6,239
Additions 2,609 1,238 3,847
As at 31 December 2024 6,504 3,582 10,086
Depreciation
As at 1 July 2024 2,779 268 3,047
Provided during the period 936 356 1,292
As at 31 December 2024 3,715 624 4,339
...CONTINUED
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Net Book Value
As at 31 December 2024 2,789 2,958 5,747
As at 1 July 2024 1,116 2,076 3,192
5. Debtors
31 December 2024 30 June 2024
£ £
Due within one year
Trade debtors 33,555 6,711
Prepayments and accrued income 1,932 -
Other taxes and social security - 902
35,487 7,613
6. Creditors: Amounts Falling Due Within One Year
31 December 2024 30 June 2024
£ £
Trade creditors 11,283 2,807
Bank loans and overdrafts 479 613
Corporation tax 40,070 18,020
Other taxes and social security 146 -
VAT 18,520 11,735
Other creditors - 1,047
Accruals and deferred income 1,300 1,808
Director's loan account - 12,914
71,798 48,944
7. Share Capital
31 December 2024 30 June 2024
£ £
Allotted, Called up and fully paid 100 100
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