Acorah Software Products - Accounts Production 16.3.350 false true false 24 February 2024 28 February 2025 28 February 2025 15520019 Mr S M Roberts iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15520019 2024-02-23 15520019 2025-02-28 15520019 2024-02-24 2025-02-28 15520019 frs-core:CurrentFinancialInstruments 2025-02-28 15520019 frs-core:ShareCapital 2025-02-28 15520019 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 15520019 frs-bus:PrivateLimitedCompanyLtd 2024-02-24 2025-02-28 15520019 frs-bus:FilletedAccounts 2024-02-24 2025-02-28 15520019 frs-bus:SmallEntities 2024-02-24 2025-02-28 15520019 frs-bus:AuditExempt-NoAccountantsReport 2024-02-24 2025-02-28 15520019 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-24 2025-02-28 15520019 frs-bus:Director1 2024-02-24 2025-02-28 15520019 frs-countries:EnglandWales 2024-02-24 2025-02-28
Registered number: 15520019
Petals & Stems Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15520019
2025
Notes £ £
CURRENT ASSETS
Stocks 4 412
Debtors 5 100
Cash at bank and in hand 1,339
1,851
Creditors: Amounts Falling Due Within One Year 6 (4,821 )
NET CURRENT ASSETS (LIABILITIES) (2,970 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,970 )
NET LIABILITIES (2,970 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (3,070 )
SHAREHOLDERS' FUNDS (2,970)
For the year ending 28 February 2025 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.
On behalf of the board
Mr S M Roberts
Director
16th April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Petals & Stems Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15520019 . The registered office is Heddfan Queen Street, Blaengarw, Bridgend, CF32 8AH.
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. 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 year was: NIL
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4. Stocks
2025
£
Stock 412
5. Debtors
2025
£
Due within one year
Other debtors 100
6. Creditors: Amounts Falling Due Within One Year
2025
£
Other creditors 4,821
Page 2
Page 3
7. Share Capital
2025
£
Called Up Share Capital not Paid 100
Amount of Allotted, Called Up Share Capital 100
Page 3