Acorah Software Products - Accounts Production 16.2.850 false true true 30 April 2023 1 May 2022 false 1 May 2023 29 April 2024 29 April 2024 08346894 Mr Jason Atherton Taplow House Hotel Ltd Mrs Irha Atherton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08346894 2023-04-30 08346894 2024-04-29 08346894 2023-05-01 2024-04-29 08346894 frs-core:CurrentFinancialInstruments 2024-04-29 08346894 frs-core:Non-currentFinancialInstruments 2024-04-29 08346894 frs-core:ComputerEquipment 2024-04-29 08346894 frs-core:ComputerEquipment 2023-05-01 2024-04-29 08346894 frs-core:ComputerEquipment 2023-04-30 08346894 frs-core:FurnitureFittings 2024-04-29 08346894 frs-core:FurnitureFittings 2023-05-01 2024-04-29 08346894 frs-core:FurnitureFittings 2023-04-30 08346894 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-29 08346894 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-29 08346894 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 08346894 frs-core:PlantMachinery 2024-04-29 08346894 frs-core:PlantMachinery 2023-05-01 2024-04-29 08346894 frs-core:PlantMachinery 2023-04-30 08346894 frs-core:ShareCapital 2024-04-29 08346894 frs-core:RetainedEarningsAccumulatedLosses 2024-04-29 08346894 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-29 08346894 frs-bus:FilletedAccounts 2023-05-01 2024-04-29 08346894 frs-bus:SmallEntities 2023-05-01 2024-04-29 08346894 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-29 08346894 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-29 08346894 frs-bus:Director1 2023-05-01 2024-04-29 08346894 frs-bus:Director2 2023-05-01 2024-04-29 08346894 frs-bus:Director3 2023-05-01 2024-04-29 08346894 frs-core:CurrentFinancialInstruments 1 2024-04-29 08346894 frs-core:CurrentFinancialInstruments 2 2024-04-29 08346894 frs-core:CurrentFinancialInstruments 3 2024-04-29 08346894 frs-countries:EnglandWales 2023-05-01 2024-04-29 08346894 2022-04-30 08346894 2023-04-30 08346894 2022-05-01 2023-04-30 08346894 frs-core:CurrentFinancialInstruments 2023-04-30 08346894 frs-core:Non-currentFinancialInstruments 2023-04-30 08346894 frs-core:ShareCapital 2023-04-30 08346894 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 08346894 frs-core:CurrentFinancialInstruments 1 2023-04-30 08346894 frs-core:CurrentFinancialInstruments 2 2023-04-30 08346894 frs-core:CurrentFinancialInstruments 3 2023-04-30
Registered number: 08346894
The Little Social Restaurant Limited
Financial Statements
For The Year Ended 29 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08346894
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,868 149,276
33,868 149,276
CURRENT ASSETS
Stocks 5 16,841 18,095
Debtors 6 410,892 (194,166 )
Cash at bank and in hand 130,139 44,315
557,872 (131,756 )
Creditors: Amounts Falling Due Within One Year 7 (1,086,450 ) (461,026 )
NET CURRENT ASSETS (LIABILITIES) (528,578 ) (592,782 )
TOTAL ASSETS LESS CURRENT LIABILITIES (494,710 ) (443,506 )
Creditors: Amounts Falling Due After More Than One Year 8 (48,572 ) (68,572 )
NET LIABILITIES (543,282 ) (512,078 )
CAPITAL AND RESERVES
Called up share capital 9 4 4
Profit and Loss Account (543,286 ) (512,082 )
SHAREHOLDERS' FUNDS (543,282) (512,078)
Page 1
Page 2
For the year ending 29 April 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 Jason Atherton
Director
07/02/2025
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 Little Social Restaurant Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08346894 . The registered office is 13 Pollen Street, London, W1S 1NH.
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
At 30 April 2023 the company had net current liabilities of £592,782 ((2022: £609,977). The directors have
reviewed the position and are confident that the company can meet its liabilities as they fall due with the
continued support of the company's creditors.
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 is derived from the sale of food and beverages and is measured as the fair value of the consideration
received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in
accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated
impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the
location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful
lives, using either a straight line or reducing balance method, as indicated below.
Leasehold Over the life of the lease on a straight line
Plant & Machinery Over 7 years on a straight line basis
Fixtures & Fittings Over 7 years on a straight line basis
Computer Equipment Over the life of the lease on a straight line
2.5. Stocks and Work in Progress
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based
on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and
attributable overheads.
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is
reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in
profit or loss.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 18)
15 18
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Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 733,877 196,506 274,560 250 1,205,193
As at 29 April 2024 733,877 196,506 274,560 250 1,205,193
Depreciation
As at 1 May 2023 639,170 166,198 250,466 83 1,055,917
Provided during the period 94,707 8,654 12,047 - 115,408
As at 29 April 2024 733,877 174,852 262,513 83 1,171,325
Net Book Value
As at 29 April 2024 - 21,654 12,047 167 33,868
As at 1 May 2023 94,707 30,308 24,094 167 149,276
5. Stocks
2024 2023
£ £
Stock 16,841 18,095
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - (436,525 )
Prepayments and accrued income 35,556 32,805
Other debtors 379,666 209,406
Other debtors (1) - 4,257
Pension scheme prepayments (4,330 ) (4,109 )
410,892 (194,166 )
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 576,428 (2 )
Other taxes and social security 2,566 3,526
VAT 17,148 4,006
Net wages - 4,622
Other creditors 189,548 191,384
Other creditors (1) (4,257 ) (28,991 )
Other creditors (2) 50,338 124,661
Other creditors (3) 90,986 -
Accruals and deferred income 163,693 161,820
1,086,450 461,026
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 48,572 68,572
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
10. Related Party Transactions
At the year end the company owed £209,406 (2022: £459,245) to companies with common directorships.
At the year end the company was owed £191384 (2022: £37,844) from companies with common directorships.
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