Acorah Software Products - Accounts Production 16.2.850 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 06753791 Mr Michael DAVEY Mr Mark KENT Mr Michael DAVEY iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06753791 2023-11-30 06753791 2024-11-30 06753791 2023-12-01 2024-11-30 06753791 frs-core:CurrentFinancialInstruments 2024-11-30 06753791 frs-core:Non-currentFinancialInstruments 2024-11-30 06753791 frs-core:ComputerEquipment 2024-11-30 06753791 frs-core:ComputerEquipment 2023-12-01 2024-11-30 06753791 frs-core:ComputerEquipment 2023-11-30 06753791 frs-core:FurnitureFittings 2024-11-30 06753791 frs-core:FurnitureFittings 2023-12-01 2024-11-30 06753791 frs-core:FurnitureFittings 2023-11-30 06753791 frs-core:PlantMachinery 2024-11-30 06753791 frs-core:PlantMachinery 2023-12-01 2024-11-30 06753791 frs-core:PlantMachinery 2023-11-30 06753791 frs-core:ShareCapital 2024-11-30 06753791 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 06753791 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 06753791 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 06753791 frs-bus:SmallEntities 2023-12-01 2024-11-30 06753791 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 06753791 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 06753791 frs-bus:Director1 2023-12-01 2024-11-30 06753791 frs-bus:Director2 2023-12-01 2024-11-30 06753791 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 06753791 frs-countries:EnglandWales 2023-12-01 2024-11-30 06753791 2022-11-30 06753791 2023-11-30 06753791 2022-12-01 2023-11-30 06753791 frs-core:CurrentFinancialInstruments 2023-11-30 06753791 frs-core:Non-currentFinancialInstruments 2023-11-30 06753791 frs-core:ShareCapital 2023-11-30 06753791 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 06753791
THE ASTOLAT PUB LIMITED
Unaudited Financial Statements
For The Year Ended 30 November 2024
PLS Management
Pls Management
44 Richmond Road
Kingston Upon Thames
KT2 5EE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06753791
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 141 846
141 846
CURRENT ASSETS
Stocks 5 3,000 3,000
Debtors 6 22,234 23,759
Investments 7 7,814 7,814
Cash at bank and in hand 32,971 7,078
66,019 41,651
Creditors: Amounts Falling Due Within One Year 8 (72,808 ) (64,180 )
NET CURRENT ASSETS (LIABILITIES) (6,789 ) (22,529 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,648 ) (21,683 )
Creditors: Amounts Falling Due After More Than One Year 9 (3,000 ) (5,000 )
NET LIABILITIES (9,648 ) (26,683 )
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account (9,650 ) (26,685 )
SHAREHOLDERS' FUNDS (9,648) (26,683)
Page 1
Page 2
For the year ending 30 November 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 Mark KENT
Director
10/04/2025
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
THE ASTOLAT PUB LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 06753791 . The registered office is THE ASTOLAT PUB, 9 OLD PALACE ROAD, GUILDFORD, SURREY, GU2 7TU.
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 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:
Plant & Machinery no depreciation
Fixtures & Fittings 33% reducing balance
Computer Equipment 33% reducing balance
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.
2.5. 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 year 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 asset reflects 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.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2023 432 13,823 6,844 21,099
Transfers (432 ) 432 - -
As at 30 November 2024 - 14,255 6,844 21,099
Depreciation
As at 1 December 2023 - 13,491 6,762 20,253
Provided during the period - 631 74 705
As at 30 November 2024 - 14,122 6,836 20,958
Net Book Value
As at 30 November 2024 - 133 8 141
As at 1 December 2023 432 332 82 846
5. Stocks
2024 2023
£ £
Finished goods 3,000 3,000
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,507 3,032
Due after more than one year
Amounts owed by joint-ventures 20,727 20,727
22,234 23,759
7. Current Asset Investments
2024 2023
£ £
Short term deposits 7,814 7,814
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Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,082 8,423
Corporation tax 389 (3,985 )
Other taxes and social security 1,023 1,468
VAT 5,132 1,817
Accruals and deferred income 1,966 116
Directors' loan accounts 57,216 56,341
72,808 64,180
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,000 5,000
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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