Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 413231 Mrs WENDY POTTER Mr STEPHEN POTTER Mr LEE POTTER Mr. S.M. Potter false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 413231 2023-12-31 413231 2024-12-31 413231 2024-01-01 2024-12-31 413231 frs-core:CurrentFinancialInstruments 2024-12-31 413231 frs-core:FurnitureFittings 2024-12-31 413231 frs-core:FurnitureFittings 2024-01-01 2024-12-31 413231 frs-core:FurnitureFittings 2023-12-31 413231 frs-core:NetGoodwill 2024-12-31 413231 frs-core:NetGoodwill 2024-01-01 2024-12-31 413231 frs-core:NetGoodwill 2023-12-31 413231 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 413231 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 413231 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 413231 frs-core:MotorVehicles 2024-12-31 413231 frs-core:MotorVehicles 2024-01-01 2024-12-31 413231 frs-core:MotorVehicles 2023-12-31 413231 frs-core:PlantMachinery 2024-01-01 2024-12-31 413231 frs-core:ShareCapital 2024-12-31 413231 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 413231 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 413231 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 413231 frs-bus:SmallEntities 2024-01-01 2024-12-31 413231 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 413231 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 413231 1 2024-01-01 2024-12-31 413231 frs-core:ListedExchangeTraded 2024-12-31 413231 frs-core:ListedExchangeTraded 2023-12-31 413231 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 413231 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 413231 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 413231 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 413231 frs-bus:Director1 2024-01-01 2024-12-31 413231 frs-bus:Director2 2024-01-01 2024-12-31 413231 frs-bus:Director3 2024-01-01 2024-12-31 413231 frs-countries:EnglandWales 2024-01-01 2024-12-31 413231 2022-12-31 413231 2023-12-31 413231 2023-01-01 2023-12-31 413231 frs-core:CurrentFinancialInstruments 2023-12-31 413231 frs-core:ShareCapital 2023-12-31 413231 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 413231
POTTERS (CONFECTIONERS) LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2024
E. HANTON ACCOUNTANCY SERVICES
3 ROW 75
HOWARD STREET SOUTH
GREAT YARMOUTH
NORFOLK
NR30 2PU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 413231
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,041 1,041
Tangible Assets 5 151,510 155,194
Investments 6 150,000 150,000
302,551 306,235
CURRENT ASSETS
Stocks 7 33,000 36,000
Debtors 8 3,345 1,250
Cash at bank and in hand 166,392 158,618
202,737 195,868
Creditors: Amounts Falling Due Within One Year 9 (35,473 ) (36,192 )
NET CURRENT ASSETS (LIABILITIES) 167,264 159,676
TOTAL ASSETS LESS CURRENT LIABILITIES 469,815 465,911
NET ASSETS 469,815 465,911
CAPITAL AND RESERVES
Called up share capital 10 1,600 1,600
Profit and Loss Account 468,215 464,311
SHAREHOLDERS' FUNDS 469,815 465,911
Page 1
Page 2
For the year 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 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 STEPHEN POTTER
Director
26/02/2025
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
POTTERS (CONFECTIONERS) LIMITED Registered number 413231 is a limited by shares company incorporated in England & Wales. The Registered Office is 38/39 REGENT ROAD, GREAT YARMOUTH, NORFOLK, NR30 2AJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It has not been amortised due to its historic nature and immaterial value.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 0%
Plant & Machinery 15% reducing balance method
Motor Vehicles 25% reducing balance method
Fixtures & Fittings 15% reducing balance method
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.
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 2 2
Manufacturing 2 2
5 5
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 1,041
As at 31 December 2024 1,041
Net Book Value
As at 31 December 2024 1,041
As at 1 January 2024 1,041
5. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 139,643 28,617 22,458 190,718
As at 31 December 2024 139,643 28,617 22,458 190,718
Depreciation
As at 1 January 2024 - 15,100 20,424 35,524
Provided during the period - 3,379 305 3,684
As at 31 December 2024 - 18,479 20,729 39,208
Net Book Value
As at 31 December 2024 139,643 10,138 1,729 151,510
As at 1 January 2024 139,643 13,517 2,034 155,194
6. Investments
Listed
£
Cost
As at 1 January 2024 150,000
As at 31 December 2024 150,000
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 150,000
As at 1 January 2024 150,000
7. Stocks
2024 2023
£ £
Stock 33,000 36,000
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Page 5
8. Debtors
2024 2023
£ £
Due within one year
Other debtors 3,345 1,250
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Corporation tax 2,337 2,599
Other taxes and social security - 1,311
VAT 3,086 3,349
Net wages 1 5,285
Accruals and deferred income 1,650 3,881
Directors' loan accounts 28,398 19,767
35,473 36,192
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,600 1,600
11. Directors Advances, Credits and Guarantees
No dividends were paid to directors in this year
12. Dividends
No Dividends were paid or proposed for this financial year
13. Controlling Party
The company's controlling party is Mr. S.M. Potter by virtue of his ownership of 51% of the issued share capital in the company.
Page 5