Acorah Software Products - Accounts Production 16.2.850 false true true false 1 August 2023 31 December 2024 31 December 2024 15042224 Mr Kevin Lange iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15042224 2023-07-31 15042224 2024-12-31 15042224 2023-08-01 2024-12-31 15042224 frs-core:ShareCapital 2024-12-31 15042224 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15042224 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-12-31 15042224 frs-bus:AbridgedAccounts 2023-08-01 2024-12-31 15042224 frs-bus:SmallEntities 2023-08-01 2024-12-31 15042224 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-12-31 15042224 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-12-31 15042224 frs-bus:Director1 2023-08-01 2024-12-31 15042224 frs-countries:EnglandWales 2023-08-01 2024-12-31
Registered number: 15042224
Pals Spirits UK Ltd
Unaudited ABRIDGED Financial Statements
For the Period 1 August 2023 to 31 December 2024
Ballantyne & Co
Chartered Accountants & Registered Auditors
60 St. Enoch Square
Glasgow
G1 4AG
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2
Page 1
Abridged Balance Sheet
Registered number: 15042224
31 December 2024
Notes £ £
CURRENT ASSETS
Stocks 1,134,021
Cash at bank and in hand 1,305
1,135,326
Creditors: Amounts Falling Due Within One Year (1,227,573 )
NET CURRENT ASSETS (LIABILITIES) (92,247 )
TOTAL ASSETS LESS CURRENT LIABILITIES (92,247 )
NET LIABILITIES (92,247 )
CAPITAL AND RESERVES
Called up share capital 4 1
Profit and Loss Account (92,248 )
SHAREHOLDERS' FUNDS (92,247)
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Kevin Lange
Director
28 March 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
Pals Spirits UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15042224 . The registered office is Profile West, Suite D - Second Floor , 950 Great West Road , Brentford, TW8 9ES.
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 director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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: NIL
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4. Share Capital
31 December 2024
£
Allotted, Called up and fully paid 1
Page 2