Acorah Software Products - Accounts Production 16.1.200 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 08115690 Mr Adam Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08115690 2023-06-30 08115690 2024-06-30 08115690 2023-07-01 2024-06-30 08115690 frs-core:CurrentFinancialInstruments 2024-06-30 08115690 frs-core:PlantMachinery 2024-06-30 08115690 frs-core:PlantMachinery 2023-07-01 2024-06-30 08115690 frs-core:PlantMachinery 2023-06-30 08115690 frs-core:ShareCapital 2024-06-30 08115690 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 08115690 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08115690 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 08115690 frs-bus:SmallEntities 2023-07-01 2024-06-30 08115690 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 08115690 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08115690 frs-bus:Director1 2023-07-01 2024-06-30 08115690 frs-core:CurrentFinancialInstruments 1 2024-06-30 08115690 frs-countries:EnglandWales 2023-07-01 2024-06-30 08115690 2022-06-30 08115690 2023-06-30 08115690 2022-07-01 2023-06-30 08115690 frs-core:CurrentFinancialInstruments 2023-06-30 08115690 frs-core:ShareCapital 2023-06-30 08115690 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 08115690 frs-core:CurrentFinancialInstruments 1 2023-06-30
Registered number: 08115690
Sativa Shakes Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Director Mr Adam Williams
Company Number 08115690
Registered Office First Floor, New Barnes Mill
Cottonmill Lane
St Albans
AL1 2HA
Accountants Town & Forest
Chartered Accountants & Statutory Auditors
First Floor, New Barnes Mill
Cottonmill Lane
St Albans
AL1 2HA
Page 1
Page 2
Balance Sheet
Registered number: 08115690
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 2,663
- 2,663
CURRENT ASSETS
Stocks 5 - 1,478
Debtors 6 107 147
Cash at bank and in hand 32 13
139 1,638
Creditors: Amounts Falling Due Within One Year 7 (42,773 ) (42,600 )
NET CURRENT ASSETS (LIABILITIES) (42,634 ) (40,962 )
TOTAL ASSETS LESS CURRENT LIABILITIES (42,634 ) (38,299 )
NET LIABILITIES (42,634 ) (38,299 )
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account (42,734 ) (38,399 )
SHAREHOLDERS' FUNDS (42,634) (38,299)
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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 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 Adam Williams
Director
24 March 2025
The notes on pages 4 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sativa Shakes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08115690 . The registered office is First Floor, New Barnes Mill, Cottonmill Lane, St Albans, AL1 2HA.
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.
The presentation currency of the financial statements is the Pound Sterling (£).
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 
As can be seen in note 8 of the full accounts, the historical cost convention has been modified as these accounts have not been prepared on a going concern basis.
2.2. 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% on reducing balance
2.3. Stocks and Work in Progress
Stocks 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.
2.4. Taxation
Taxation expense represents the sum of the tax currently payable and deferred tax.
Taxation for the year comprises current and deferred tax. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing difference that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in the tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.5. Provisions and accruals
Provisions are recognised when there is a present legal or constructive obligation as a result of past events and the amount can be reliably estimated. Provisions are not recognised for future operating losses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2023 5,049
Additions (5,049 )
As at 30 June 2024 -
Depreciation
As at 1 July 2023 2,386
Provided during the period 333
Disposals (2,719 )
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 2,663
5. Stocks
2024 2023
£ £
Stocks - 1,478
6. Debtors
2024 2023
£ £
Due within one year
VAT 107 147
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accrued expenses 1,226 750
Director's loan account 41,547 41,850
42,773 42,600
8. Post Balance Sheet Events
The accounts for Sativa Shakes Limited for the year ended 30 June 2024 have not been prepared on a going concern basis. The company had very little trade during the year and the director is likely to close the company in 2025.
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