Acorah Software Products - Accounts Production 16.2.850 false true true 31 May 2024 1 June 2023 false 1 June 2024 31 October 2024 31 October 2024 13404981 Mrs Jingjing Wu Mrs Jingjing Wu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13404981 2024-05-31 13404981 2024-10-31 13404981 2024-06-01 2024-10-31 13404981 frs-core:CurrentFinancialInstruments 2024-10-31 13404981 frs-core:PlantMachinery 2024-10-31 13404981 frs-core:PlantMachinery 2024-06-01 2024-10-31 13404981 frs-core:PlantMachinery 2024-05-31 13404981 frs-core:ShareCapital 2024-10-31 13404981 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 13404981 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2024-10-31 13404981 frs-bus:FilletedAccounts 2024-06-01 2024-10-31 13404981 frs-bus:SmallEntities 2024-06-01 2024-10-31 13404981 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2024-10-31 13404981 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2024-10-31 13404981 frs-bus:Director1 2024-06-01 2024-10-31 13404981 frs-bus:Director2 2024-06-01 2024-10-31 13404981 frs-countries:EnglandWales 2024-06-01 2024-10-31 13404981 2023-05-31 13404981 2024-05-31 13404981 2023-06-01 2024-05-31 13404981 frs-core:CurrentFinancialInstruments 2024-05-31 13404981 frs-core:ShareCapital 2024-05-31 13404981 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 13404981 frs-core:CurrentFinancialInstruments 1 2024-05-31 13404981 frs-core:CurrentFinancialInstruments 7 2024-05-31
Registered number: 13404981
Panda Bake Limited
Unaudited Financial Statements
For the Period 1 June 2024 to 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13404981
31 October 2024 31 May 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 (1 ) 202
(1 ) 202
CURRENT ASSETS
Stocks 5 - 534
Debtors 6 - (126 )
Cash at bank and in hand - 679
- 1,087
Creditors: Amounts Falling Due Within One Year 7 (16,497 ) (12,688 )
NET CURRENT ASSETS (LIABILITIES) (16,497 ) (11,601 )
TOTAL ASSETS LESS CURRENT LIABILITIES (16,498 ) (11,399 )
NET LIABILITIES (16,498 ) (11,399 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (16,598 ) (11,499 )
SHAREHOLDERS' FUNDS (16,498) (11,399)
Page 1
Page 2
For the period ending 31 October 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 Jingjing Wu
Director
19/12/2024
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
Panda Bake Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13404981 . The registered office is 23 High Street, Bagshot, GU19 5AF.
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
The directors believe that the going concern basis is not appropriate as the company has no realistic alternative but to cease trading.
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.
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:
Plant & Machinery 25%
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2024: 2)
1 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 June 2024 637
As at 31 October 2024 637
Depreciation
As at 1 June 2024 435
Provided during the period 203
As at 31 October 2024 638
Net Book Value
As at 31 October 2024 (1 )
As at 1 June 2024 202
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Page 4
5. Stocks
31 October 2024 31 May 2024
£ £
Stock - 534
6. Debtors
31 October 2024 31 May 2024
£ £
Due within one year
Trade debtors - 69
Deposits Received - (195 )
- (126 )
7. Creditors: Amounts Falling Due Within One Year
31 October 2024 31 May 2024
£ £
Trade creditors - (1 )
Other taxes and social security 1 84
Pensions Payable - 119
Accruals and deferred income 743 306
Directors' loan accounts 15,753 12,180
16,497 12,688
8. Share Capital
31 October 2024 31 May 2024
£ £
Allotted, Called up and fully paid 100 100
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