Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 03390959 Mrs Joanne Brooks Mr Stephen Brooks iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03390959 2023-06-30 03390959 2024-06-30 03390959 2023-07-01 2024-06-30 03390959 frs-core:CurrentFinancialInstruments 2024-06-30 03390959 frs-core:Non-currentFinancialInstruments 2024-06-30 03390959 frs-core:ComputerEquipment 2024-06-30 03390959 frs-core:ComputerEquipment 2023-07-01 2024-06-30 03390959 frs-core:ComputerEquipment 2023-06-30 03390959 frs-core:FurnitureFittings 2024-06-30 03390959 frs-core:FurnitureFittings 2023-07-01 2024-06-30 03390959 frs-core:FurnitureFittings 2023-06-30 03390959 frs-core:MotorVehicles 2024-06-30 03390959 frs-core:MotorVehicles 2023-07-01 2024-06-30 03390959 frs-core:MotorVehicles 2023-06-30 03390959 frs-core:PlantMachinery 2024-06-30 03390959 frs-core:PlantMachinery 2023-07-01 2024-06-30 03390959 frs-core:PlantMachinery 2023-06-30 03390959 frs-core:ShareCapital 2024-06-30 03390959 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 03390959 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03390959 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 03390959 frs-bus:SmallEntities 2023-07-01 2024-06-30 03390959 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 03390959 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 03390959 frs-bus:Director1 2023-07-01 2024-06-30 03390959 frs-bus:Director2 2023-07-01 2024-06-30 03390959 frs-countries:EnglandWales 2023-07-01 2024-06-30 03390959 2022-06-30 03390959 2023-06-30 03390959 2022-07-01 2023-06-30 03390959 frs-core:CurrentFinancialInstruments 2023-06-30 03390959 frs-core:Non-currentFinancialInstruments 2023-06-30 03390959 frs-core:ShareCapital 2023-06-30 03390959 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 03390959
Tudor Kitchen Factory Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Bickerstaff Accountancy
Chartered Accountants
Office 44 Beacon Buildings
Leighswood Road
Aldridge
West Midlands
WS9 8AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03390959
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 99,071 133,130
99,071 133,130
CURRENT ASSETS
Stocks 5 69,442 75,011
Debtors 6 313,992 417,379
Cash at bank and in hand 20,740 4,880
404,174 497,270
Creditors: Amounts Falling Due Within One Year 7 (544,569 ) (493,682 )
NET CURRENT ASSETS (LIABILITIES) (140,395 ) 3,588
TOTAL ASSETS LESS CURRENT LIABILITIES (41,324 ) 136,718
Creditors: Amounts Falling Due After More Than One Year 8 (122,500 ) (122,500 )
NET (LIABILITIES)/ASSETS (163,824 ) 14,218
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (163,924 ) 14,118
SHAREHOLDERS' FUNDS (163,824) 14,218
Page 1
Page 2
For the year ending 30 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
Mrs Joanne Brooks
Director
25 February 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
Tudor Kitchen Factory Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03390959 . The registered office is 7 Union Drive, Boldmere, Sutton Coldfield, West Midlands, B73 5TE.
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% per annum on written down value
Motor Vehicles 25% per annum on written down value
Fixtures & Fittings 25% per annum on written down value
Computer Equipment 25% per annum on written down value
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: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 56,525 114,577 36,993 198,298 406,393
Additions - - - 5,779 5,779
As at 30 June 2024 56,525 114,577 36,993 204,077 412,172
Depreciation
As at 1 July 2023 44,987 66,311 24,238 137,727 273,263
Provided during the period 4,971 24,132 1,898 8,837 39,838
As at 30 June 2024 49,958 90,443 26,136 146,564 313,101
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 June 2024 6,567 24,134 10,857 57,513 99,071
As at 1 July 2023 11,538 48,266 12,755 60,571 133,130
5. Stocks
2024 2023
£ £
Stock 69,442 75,011
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 46,938
Other debtors 313,992 370,441
313,992 417,379
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 127,259 71,036
Bank loans and overdrafts 177,295 230,653
Other creditors 207 355
Taxation and social security 239,808 191,638
544,569 493,682
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 122,500 122,500
9. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 97 97
Called Up Share Capital has been paid up 3 3
Amount of Allotted, Called Up Share Capital 100 100
Page 4