Acorah Software Products - Accounts Production 16.1.300 false true 29 June 2023 30 June 2022 false 30 June 2023 29 June 2024 29 June 2024 NI639264 Mr Roger Allen Mrs Emma Allen Mrs Emma Allen Mrs Emma Allen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI639264 2023-06-29 NI639264 2024-06-29 NI639264 2023-06-30 2024-06-29 NI639264 frs-core:CurrentFinancialInstruments 2024-06-29 NI639264 frs-core:Non-currentFinancialInstruments 2024-06-29 NI639264 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-06-29 NI639264 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-06-30 2024-06-29 NI639264 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-06-29 NI639264 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-29 NI639264 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-30 2024-06-29 NI639264 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-29 NI639264 frs-core:MotorVehicles 2024-06-29 NI639264 frs-core:MotorVehicles 2023-06-30 2024-06-29 NI639264 frs-core:MotorVehicles 2023-06-29 NI639264 frs-core:PlantMachinery 2024-06-29 NI639264 frs-core:PlantMachinery 2023-06-30 2024-06-29 NI639264 frs-core:PlantMachinery 2023-06-29 NI639264 frs-core:ShareCapital 2024-06-29 NI639264 frs-core:RetainedEarningsAccumulatedLosses 2024-06-29 NI639264 frs-bus:PrivateLimitedCompanyLtd 2023-06-30 2024-06-29 NI639264 frs-bus:FilletedAccounts 2023-06-30 2024-06-29 NI639264 frs-bus:SmallEntities 2023-06-30 2024-06-29 NI639264 frs-bus:AuditExempt-NoAccountantsReport 2023-06-30 2024-06-29 NI639264 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-30 2024-06-29 NI639264 frs-bus:Director1 2023-06-30 2024-06-29 NI639264 frs-bus:Director2 2023-06-30 2024-06-29 NI639264 frs-bus:Director2 2023-06-29 NI639264 frs-bus:Director2 2024-06-29 NI639264 frs-bus:CompanySecretary1 2023-06-30 2024-06-29 NI639264 frs-bus:CompanySecretary2 2023-06-30 2024-06-29 NI639264 frs-countries:NorthernIreland 2023-06-30 2024-06-29 NI639264 2022-06-29 NI639264 2023-06-29 NI639264 2022-06-30 2023-06-29 NI639264 frs-core:CurrentFinancialInstruments 2023-06-29 NI639264 frs-core:Non-currentFinancialInstruments 2023-06-29 NI639264 frs-core:ShareCapital 2023-06-29 NI639264 frs-core:RetainedEarningsAccumulatedLosses 2023-06-29
Registered number: NI639264
The Great Outdoor Barbecue Company Limited
Unaudited Financial Statements
For The Year Ended 29 June 2024
MMC Ltd
Moorefield
Lurgan
CRAIGAVON
Armagh
BT66 7NJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI639264
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 12,283 32,933
12,283 32,933
CURRENT ASSETS
Stocks 6 177,444 172,042
Debtors 7 21,758 28,350
Cash at bank and in hand 40,142 49,465
239,344 249,857
Creditors: Amounts Falling Due Within One Year 8 (139,580 ) (138,092 )
NET CURRENT ASSETS (LIABILITIES) 99,764 111,765
TOTAL ASSETS LESS CURRENT LIABILITIES 112,047 144,698
Creditors: Amounts Falling Due After More Than One Year 9 (33,769 ) (38,369 )
NET ASSETS 78,278 106,329
CAPITAL AND RESERVES
Called up share capital 10 120 120
Profit and Loss Account 78,158 106,209
SHAREHOLDERS' FUNDS 78,278 106,329
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For the year ending 29 June 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 Roger Allen
Director
04/03/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Great Outdoor Barbecue Company Limited Registered number NI639264 is a limited by shares company incorporated in Northern Ireland. The Registered Office is 89 Lurgan Road, Magheralin, Craigavon, County Armagh, BT67 0QP.
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 FRS 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 - Intellectual Property
Intellectual property assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
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 33.33
Plant & Machinery 25%
Motor Vehicles 20%
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. 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 year was:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 1 1
2 2
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4. Intangible Assets
Intellectual Property
£
Cost
As at 30 June 2023 2,115
As at 29 June 2024 2,115
Amortisation
As at 30 June 2023 2,115
As at 29 June 2024 2,115
Net Book Value
As at 29 June 2024 -
As at 30 June 2023 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 30 June 2023 30,550 45,387 20,995 96,932
As at 29 June 2024 30,550 45,387 20,995 96,932
Depreciation
As at 30 June 2023 10,183 39,119 14,697 63,999
Provided during the period 10,183 6,268 4,199 20,650
As at 29 June 2024 20,366 45,387 18,896 84,649
Net Book Value
As at 29 June 2024 10,184 - 2,099 12,283
As at 30 June 2023 20,367 6,268 6,298 32,933
6. Stocks
2024 2023
£ £
Finished goods 177,444 172,042
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 21,758 28,350
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 102,081 82,372
Bank loans and overdrafts 4,600 4,600
VAT 2,444 17,159
Other creditors 2,903 2,710
Accruals and deferred income 3,034 2,013
Directors' loan accounts 24,518 29,238
139,580 138,092
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 23,769 28,369
Other loans 10,000 10,000
33,769 38,369
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 120 120
11. Directors Advances, Credits and Guarantees
Included within Creditors is the following loan from the directors:
As at 30 June 2023 Amounts advanced Amounts repaid Amounts written off As at 29 June 2024
£ £ £ £ £
Mrs Emma Allen 29,238 17,790 13,070 - 24,518
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors
2024 2023
£ £
Mrs Emma Allen 500 2,000
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