Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 13421837 Mr Maximilian Palfi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13421837 2023-05-31 13421837 2024-05-31 13421837 2023-06-01 2024-05-31 13421837 frs-core:CurrentFinancialInstruments 2024-05-31 13421837 frs-core:ComputerEquipment 2024-05-31 13421837 frs-core:ComputerEquipment 2023-06-01 2024-05-31 13421837 frs-core:ComputerEquipment 2023-05-31 13421837 frs-core:PlantMachinery 2024-05-31 13421837 frs-core:PlantMachinery 2023-06-01 2024-05-31 13421837 frs-core:PlantMachinery 2023-05-31 13421837 frs-core:ShareCapital 2024-05-31 13421837 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 13421837 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13421837 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 13421837 frs-bus:SmallEntities 2023-06-01 2024-05-31 13421837 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13421837 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13421837 frs-bus:Director1 2023-06-01 2024-05-31 13421837 frs-core:Non-currentFinancialInstruments 1 2024-05-31 13421837 frs-countries:EnglandWales 2023-06-01 2024-05-31 13421837 2022-05-31 13421837 2023-05-31 13421837 2022-06-01 2023-05-31 13421837 frs-core:CurrentFinancialInstruments 2023-05-31 13421837 frs-core:ShareCapital 2023-05-31 13421837 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 13421837 frs-core:Non-currentFinancialInstruments 1 2023-05-31
Registered number: 13421837
The Cocktail Broker Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13421837
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,126 872
2,126 872
CURRENT ASSETS
Stocks 5 4,900 2,074
Debtors 6 21,024 20,485
Cash at bank and in hand 4,826 7,056
30,750 29,615
Creditors: Amounts Falling Due Within One Year 7 (84,085 ) (44,901 )
NET CURRENT ASSETS (LIABILITIES) (53,335 ) (15,286 )
TOTAL ASSETS LESS CURRENT LIABILITIES (51,209 ) (14,414 )
NET LIABILITIES (51,209 ) (14,414 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (51,210 ) (14,415 )
SHAREHOLDERS' FUNDS (51,209) (14,414)
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 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 Maximilian Palfi
Director
28/01/2025
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
The Cocktail Broker Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13421837 . The registered office is 85 Great Portland Street, First Floor, London, England, W1W 7LT.
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 Straight Line
Computer Equipment Straight Line
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: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 June 2023 - 948 948
Additions 1,725 - 1,725
As at 31 May 2024 1,725 948 2,673
Depreciation
As at 1 June 2023 - 76 76
Provided during the period 460 11 471
As at 31 May 2024 460 87 547
...CONTINUED
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Page 4
Net Book Value
As at 31 May 2024 1,265 861 2,126
As at 1 June 2023 - 872 872
5. Stocks
2024 2023
£ £
Stock 4,900 2,074
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,795 10,701
Prepayments and accrued income - 1,155
Other debtors - 8,629
11,795 20,485
Due after more than one year
Other debtors (1) 9,229 -
21,024 20,485
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,662 7,712
Bank loans and overdrafts 790 -
Other loans - 886
Other taxes and social security 468 67
VAT 9,567 8,891
Director's loan account 64,598 27,345
84,085 44,901
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4