Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 03560629 Mr K Reader Mrs M L Reader Mrs M L Reader iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03560629 2024-03-31 03560629 2025-03-31 03560629 2024-04-01 2025-03-31 03560629 frs-core:FurnitureFittings 2025-03-31 03560629 frs-core:FurnitureFittings 2024-04-01 2025-03-31 03560629 frs-core:FurnitureFittings 2024-03-31 03560629 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 03560629 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03560629 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 03560629 frs-core:MotorVehicles 2025-03-31 03560629 frs-core:MotorVehicles 2024-04-01 2025-03-31 03560629 frs-core:MotorVehicles 2024-03-31 03560629 frs-core:PlantMachinery 2025-03-31 03560629 frs-core:PlantMachinery 2024-04-01 2025-03-31 03560629 frs-core:PlantMachinery 2024-03-31 03560629 frs-core:ShareCapital 2025-03-31 03560629 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 03560629 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03560629 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03560629 frs-bus:SmallEntities 2024-04-01 2025-03-31 03560629 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03560629 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03560629 frs-bus:Director1 2024-04-01 2025-03-31 03560629 frs-bus:Director2 2024-04-01 2025-03-31 03560629 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 03560629 frs-countries:EnglandWales 2024-04-01 2025-03-31 03560629 2023-03-31 03560629 2024-03-31 03560629 2023-04-01 2024-03-31 03560629 frs-core:ShareCapital 2024-03-31 03560629 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 03560629
Karl Reader Catering Limited
Financial Statements
For The Year Ended 31 March 2025
Dymond Ashworth
Chartered Certified Accountants
First Floor 98-100
Gisburn Road
Barrowford
Lancashire
BB9 6EW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03560629
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 150,097 150,265
150,097 150,265
CURRENT ASSETS
Debtors 5 20,000 3,036
Investments 6 265,000 315,000
Cash at bank and in hand 5,352 2,147
290,352 320,183
Creditors: Amounts Falling Due Within One Year 7 (1,050 ) (1,050 )
NET CURRENT ASSETS (LIABILITIES) 289,302 319,133
TOTAL ASSETS LESS CURRENT LIABILITIES 439,399 469,398
NET ASSETS 439,399 469,398
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 439,397 469,396
SHAREHOLDERS' FUNDS 439,399 469,398
Page 1
Page 2
For the year ending 31 March 2025 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 K Reader
Director
17/05/2025
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
Karl Reader Catering Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03560629 . The registered office is Sunnymead, 4 Higham Road, Padiham, Lancashire, BB12 9AP.
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. 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 15% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 April 2024 149,185 700 16,766 5,935 172,586
As at 31 March 2025 149,185 700 16,766 5,935 172,586
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2024 - 563 16,714 5,044 22,321
Provided during the period - 21 13 134 168
As at 31 March 2025 - 584 16,727 5,178 22,489
Net Book Value
As at 31 March 2025 149,185 116 39 757 150,097
As at 1 April 2024 149,185 137 52 891 150,265
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 20,000 3,036
6. Current Asset Investments
2025 2024
£ £
Unlisted investments 265,000 315,000
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 1,050 1,050
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4