Acorah Software Products - Accounts Production 16.2.850 false true true false 21 July 2023 31 July 2024 31 July 2024 15019073 Mr Anthony Davison Mr Paul Sanderson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15019073 2023-07-20 15019073 2024-07-31 15019073 2023-07-21 2024-07-31 15019073 frs-core:CurrentFinancialInstruments 2024-07-31 15019073 frs-core:ComputerEquipment 2024-07-31 15019073 frs-core:ComputerEquipment 2023-07-21 2024-07-31 15019073 frs-core:ComputerEquipment 2023-07-20 15019073 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-21 2024-07-31 15019073 frs-core:FurnitureFittings 2024-07-31 15019073 frs-core:FurnitureFittings 2023-07-21 2024-07-31 15019073 frs-core:FurnitureFittings 2023-07-20 15019073 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 15019073 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-21 2024-07-31 15019073 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-20 15019073 frs-core:OtherResidualIntangibleAssets 2024-07-31 15019073 frs-core:OtherResidualIntangibleAssets 2023-07-21 2024-07-31 15019073 frs-core:OtherResidualIntangibleAssets 2023-07-20 15019073 frs-core:PlantMachinery 2024-07-31 15019073 frs-core:PlantMachinery 2023-07-21 2024-07-31 15019073 frs-core:PlantMachinery 2023-07-20 15019073 frs-core:ShareCapital 2024-07-31 15019073 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 15019073 frs-bus:PrivateLimitedCompanyLtd 2023-07-21 2024-07-31 15019073 frs-bus:FilletedAccounts 2023-07-21 2024-07-31 15019073 frs-bus:SmallEntities 2023-07-21 2024-07-31 15019073 frs-bus:AuditExempt-NoAccountantsReport 2023-07-21 2024-07-31 15019073 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-21 2024-07-31 15019073 frs-bus:Director1 2023-07-21 2024-07-31 15019073 frs-bus:Director2 2023-07-21 2024-07-31 15019073 frs-countries:EnglandWales 2023-07-21 2024-07-31
Registered number: 15019073
Avenue Farm Food Park Limited
Unaudited Financial Statements
For the Period 21 July 2023 to 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 15019073
31 July 2024
Notes £ £
FIXED ASSETS
Tangible Assets 5 66,841
66,841
CURRENT ASSETS
Stocks 6 9,750
Debtors 7 28,371
Cash at bank and in hand 5,848
43,969
Creditors: Amounts Falling Due Within One Year 8 (274,707 )
NET CURRENT ASSETS (LIABILITIES) (230,738 )
TOTAL ASSETS LESS CURRENT LIABILITIES (163,897 )
NET LIABILITIES (163,897 )
CAPITAL AND RESERVES
Called up share capital 9 100
Profit and Loss Account (163,997 )
SHAREHOLDERS' FUNDS (163,897)
For the period 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 Anthony Davison
Director
Mr Paul Sanderson
Director
02/04/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Avenue Farm Food Park Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15019073 . The registered office is Unit 5, Avenue Business Park, Brockley Road, Elsworth, Cambridge, CB23 4EY.
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. Going Concern Disclosure
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Other intangible assets are amortised on a straight line basis over their estimated useful life of either 5 years.
During the period, the franchise agreement was cancelled due to the company going into liquidation. The full value has been written off in the period.
2.5. 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 20% Reducing Balance
Plant & Machinery 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 33% Straight Line
2.6. 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 period was: 13
13
Page 2
Page 3
4. Intangible Assets
Other
£
Cost
As at 21 July 2023 -
Additions 15,000
Disposals (15,000 )
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 -
As at 21 July 2023 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 21 July 2023 - - - - -
Additions 1,095 46,740 27,324 1,511 76,670
As at 31 July 2024 1,095 46,740 27,324 1,511 76,670
Depreciation
As at 21 July 2023 - - - - -
Provided during the period 182 5,914 3,327 406 9,829
As at 31 July 2024 182 5,914 3,327 406 9,829
Net Book Value
As at 31 July 2024 913 40,826 23,997 1,105 66,841
As at 21 July 2023 - - - - -
6. Stocks
31 July 2024
£
Stock 9,750
7. Debtors
31 July 2024
£
Due within one year
Trade debtors 5,938
Other debtors 22,433
28,371
Page 3
Page 4
8. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Trade creditors 71,345
Other loans 129,990
Other creditors 71,915
Taxation and social security 1,457
274,707
9. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 100
10. Related Party Transactions
At the year end the company owed the Directors £59,051 which is interest free and repayable upon demand.
Davison & Co.
During the period the company was provided a loan by a related party, Davison & Co. of £129,990, which is interest free and repayable upon demand.
Page 4