Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12107122 Mr L Carroll Mrs B Carroll iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12107122 2023-07-31 12107122 2024-07-31 12107122 2023-08-01 2024-07-31 12107122 frs-core:CurrentFinancialInstruments 2024-07-31 12107122 frs-core:ComputerEquipment 2024-07-31 12107122 frs-core:ComputerEquipment 2023-08-01 2024-07-31 12107122 frs-core:ComputerEquipment 2023-07-31 12107122 frs-core:FurnitureFittings 2024-07-31 12107122 frs-core:FurnitureFittings 2023-08-01 2024-07-31 12107122 frs-core:FurnitureFittings 2023-07-31 12107122 frs-core:NetGoodwill 2024-07-31 12107122 frs-core:NetGoodwill 2023-08-01 2024-07-31 12107122 frs-core:NetGoodwill 2023-07-31 12107122 frs-core:ShareCapital 2024-07-31 12107122 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12107122 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12107122 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12107122 frs-bus:SmallEntities 2023-08-01 2024-07-31 12107122 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12107122 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12107122 frs-bus:Director1 2023-08-01 2024-07-31 12107122 frs-bus:Director2 2023-08-01 2024-07-31 12107122 frs-countries:EnglandWales 2023-08-01 2024-07-31 12107122 2022-07-31 12107122 2023-07-31 12107122 2022-08-01 2023-07-31 12107122 frs-core:CurrentFinancialInstruments 2023-07-31 12107122 frs-core:ShareCapital 2023-07-31 12107122 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12107122
Dozen Bakery (Norwich) Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
GLX Advisory Limited
Chartered Accountants
69-75 Thorpe Road
Norwich
NR1 1UA
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Company Information
Directors Mr L Carroll
Mrs B Carroll
Company Number 12107122
Registered Office 107a Gloucester Street
Norwich
NR2 2DY
Accountants GLX Advisory Limited
Chartered Accountants
69-75 Thorpe Road
Norwich
NR1 1UA
Page 1
Page 2
Balance Sheet
Registered number: 12107122
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,632 6,722
Tangible Assets 5 30,794 31,168
36,426 37,890
CURRENT ASSETS
Stocks 6 4,000 5,000
Debtors 7 12,730 15,575
Cash at bank and in hand 35,434 37,010
52,164 57,585
Creditors: Amounts Falling Due Within One Year 8 (28,480 ) (32,583 )
NET CURRENT ASSETS (LIABILITIES) 23,684 25,002
TOTAL ASSETS LESS CURRENT LIABILITIES 60,110 62,892
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,851 ) (5,922 )
NET ASSETS 54,259 56,970
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 54,159 56,870
SHAREHOLDERS' FUNDS 54,259 56,970
Page 2
Page 3
For the year ending 31 July 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 L Carroll
Director
26/03/2025
The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Dozen Bakery (Norwich) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12107122 . The registered office is 107a Gloucester Street, Norwich , NR2 2DY.
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. 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 is amortised to profit and loss account over its estimated economic life of 10 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:
Fixtures & Fittings 15% reducing balance
Computer Equipment 15% reducing balance
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.
Page 4
Page 5
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 6)
8 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2023 10,900
As at 31 July 2024 10,900
Amortisation
As at 1 August 2023 4,178
Provided during the period 1,090
As at 31 July 2024 5,268
Net Book Value
As at 31 July 2024 5,632
As at 1 August 2023 6,722
Page 5
Page 6
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 46,151 990 47,141
Additions 4,371 - 4,371
As at 31 July 2024 50,522 990 51,512
Depreciation
As at 1 August 2023 15,629 344 15,973
Provided during the period 4,648 97 4,745
As at 31 July 2024 20,277 441 20,718
Net Book Value
As at 31 July 2024 30,245 549 30,794
As at 1 August 2023 30,522 646 31,168
6. Stocks
2024 2023
£ £
Materials 4,000 5,000
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 605 1,322
Other debtors 12,125 14,253
12,730 15,575
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,065 3,142
Other creditors 22,570 25,301
Taxation and social security 4,845 4,140
28,480 32,583
Page 6
Page 7
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
At the end of the year the company owed the directors £21,917 (2023: £23,739) which is included within other creditors. The loan is unsecured, interest free and repayable on demand.
Page 7