Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 4 May 2022 false 1 June 2023 31 May 2024 31 May 2024 14086705 H Davies U Ferreira T Sellers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14086705 2023-05-31 14086705 2024-05-31 14086705 2023-06-01 2024-05-31 14086705 frs-core:CurrentFinancialInstruments 2024-05-31 14086705 frs-core:ComputerEquipment 2024-05-31 14086705 frs-core:ComputerEquipment 2023-06-01 2024-05-31 14086705 frs-core:ComputerEquipment 2023-05-31 14086705 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-01 2024-05-31 14086705 frs-core:FurnitureFittings 2024-05-31 14086705 frs-core:FurnitureFittings 2023-06-01 2024-05-31 14086705 frs-core:FurnitureFittings 2023-05-31 14086705 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 14086705 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 14086705 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 14086705 frs-core:OtherResidualIntangibleAssets 2024-05-31 14086705 frs-core:OtherResidualIntangibleAssets 2023-05-31 14086705 frs-core:PlantMachinery 2024-05-31 14086705 frs-core:PlantMachinery 2023-06-01 2024-05-31 14086705 frs-core:PlantMachinery 2023-05-31 14086705 frs-core:ShareCapital 2024-05-31 14086705 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14086705 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14086705 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 14086705 frs-bus:SmallEntities 2023-06-01 2024-05-31 14086705 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14086705 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14086705 frs-bus:Director1 2023-06-01 2024-05-31 14086705 frs-bus:Director2 2023-06-01 2024-05-31 14086705 frs-bus:Director2 2023-05-31 14086705 frs-bus:Director2 2024-05-31 14086705 frs-bus:Director3 2023-06-01 2024-05-31 14086705 frs-core:CurrentFinancialInstruments 1 2024-05-31 14086705 frs-core:CurrentFinancialInstruments 2 2024-05-31 14086705 frs-core:CurrentFinancialInstruments 3 2024-05-31 14086705 frs-core:CurrentFinancialInstruments 4 2024-05-31 14086705 frs-countries:EnglandWales 2023-06-01 2024-05-31 14086705 2022-05-03 14086705 2023-05-31 14086705 2022-05-04 2023-05-31 14086705 frs-core:CurrentFinancialInstruments 2023-05-31 14086705 frs-core:ShareCapital 2023-05-31 14086705 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 14086705 frs-core:CurrentFinancialInstruments 1 2023-05-31 14086705 frs-core:CurrentFinancialInstruments 2 2023-05-31 14086705 frs-core:CurrentFinancialInstruments 3 2023-05-31 14086705 frs-core:CurrentFinancialInstruments 4 2023-05-31
Registered number: 14086705
Story Cellar Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
R Best & Co Ltd
Office 6
7 - 11 High Street
Reigate
Surrey
RH2 9AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14086705
31 May 2024 31 May 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 4,500 4,500
Tangible Assets 5 980,455 1,086,506
984,955 1,091,006
CURRENT ASSETS
Stocks 6 130,009 131,161
Debtors 7 108,120 156,315
Cash at bank and in hand 22,185 26,825
260,314 314,301
Creditors: Amounts Falling Due Within One Year 8 (1,634,530 ) (1,470,732 )
NET CURRENT ASSETS (LIABILITIES) (1,374,216 ) (1,156,431 )
TOTAL ASSETS LESS CURRENT LIABILITIES (389,261 ) (65,425 )
NET LIABILITIES (389,261 ) (65,425 )
CAPITAL AND RESERVES
Called up share capital 9 50 50
Profit and Loss Account (389,311 ) (65,475 )
SHAREHOLDERS' FUNDS (389,261) (65,425)
Page 1
Page 2
For the year ending 31 May 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
H Davies
Director
18 February 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
Story Cellar Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14086705 . The registered office is Office 6, 7 - 11 High Street, Reigate, Surrey, RH2 9AA.
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 - Other Intangible
Other intangible assets are website costs. It is held at cost due and the value will be reviewed annually to check for impairment.
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:
Leasehold 10% on Cost
Plant & Machinery 10% on Cost
Fixtures & Fittings 10% on Cost
Computer Equipment 25% on Cost
2.5. 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 trading year was: 28 (2023: 30)
28 30
Page 3
Page 4
4. Intangible Assets
Other
£
Cost
As at 1 June 2023 4,500
As at 31 May 2024 4,500
Net Book Value
As at 31 May 2024 4,500
As at 1 June 2023 4,500
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2023 782,217 247,132 69,365 4,547 1,103,261
Additions 3,222 - 1,623 - 4,845
As at 31 May 2024 785,439 247,132 70,988 4,547 1,108,106
Depreciation
As at 1 June 2023 11,263 4,155 1,147 190 16,755
Provided during the period 77,960 24,713 7,086 1,137 110,896
As at 31 May 2024 89,223 28,868 8,233 1,327 127,651
Net Book Value
As at 31 May 2024 696,216 218,264 62,755 3,220 980,455
As at 1 June 2023 770,954 242,977 68,218 4,357 1,086,506
6. Stocks
31 May 2024 31 May 2023
£ £
Stock 130,009 131,161
7. Debtors
31 May 2024 31 May 2023
£ £
Due within one year
Trade debtors - 35,900
Prepayments and accrued income 20,258 11,809
Other debtors 87,000 87,102
Tom Sellers Ltd 733 -
VAT - 21,454
Directors' loan accounts 79 -
Called up share capital not paid 50 50
108,120 156,315
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
31 May 2024 31 May 2023
£ £
Trade creditors 316,047 176,512
Bank loans and overdrafts 659 261
Other loans 665,000 665,000
Other taxes and social security 145,483 45,572
VAT 34,163 -
Other creditors 540 -
Pension Control 2,980 9,075
Tronc 7,237 900
Storyland Holdings Ltd 250,690 -
Restaurant Story Ltd 84,625 -
Accruals and deferred income 14,221 128,412
Directors' loan accounts 858 425,000
Amounts owed to associates 112,027 20,000
1,634,530 1,470,732
9. Share Capital
31 May 2024 31 May 2023
£ £
Called Up Share Capital not Paid 50 50
Amount of Allotted, Called Up Share Capital 50 50
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2023 Amounts advanced Amounts repaid Amounts written off As at 31 May 2024
£ £ £ £ £
Miss Ursula Ferreira - 79 - - 79
The above loan is unsecured, interest free and was repaid on the 13th August 2024.
Page 5