Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08118483 Mr Stuart Winikajtis Mr Steven Winik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08118483 2023-08-31 08118483 2024-08-31 08118483 2023-09-01 2024-08-31 08118483 frs-core:CurrentFinancialInstruments 2024-08-31 08118483 frs-core:FurnitureFittings 2024-08-31 08118483 frs-core:FurnitureFittings 2023-09-01 2024-08-31 08118483 frs-core:FurnitureFittings 2023-08-31 08118483 frs-core:NetGoodwill 2024-08-31 08118483 frs-core:NetGoodwill 2023-09-01 2024-08-31 08118483 frs-core:NetGoodwill 2023-08-31 08118483 frs-core:MotorVehicles 2024-08-31 08118483 frs-core:MotorVehicles 2023-09-01 2024-08-31 08118483 frs-core:MotorVehicles 2023-08-31 08118483 frs-core:PlantMachinery 2024-08-31 08118483 frs-core:PlantMachinery 2023-09-01 2024-08-31 08118483 frs-core:PlantMachinery 2023-08-31 08118483 frs-core:ShareCapital 2024-08-31 08118483 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08118483 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08118483 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08118483 frs-bus:SmallEntities 2023-09-01 2024-08-31 08118483 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08118483 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08118483 frs-bus:Director1 2023-09-01 2024-08-31 08118483 frs-bus:Director2 2023-09-01 2024-08-31 08118483 frs-countries:EnglandWales 2023-09-01 2024-08-31 08118483 2022-08-31 08118483 2023-08-31 08118483 2022-09-01 2023-08-31 08118483 frs-core:CurrentFinancialInstruments 2023-08-31 08118483 frs-core:ShareCapital 2023-08-31 08118483 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08118483
WINIK'S BAKERY LIMITED
Financial Statements
For The Year Ended 31 August 2024
Accounting Freedom
Westhill House
2b Devonshire Road
Bexleyheath
DA6 8DS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08118483
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 61,000 61,000
Tangible Assets 5 28,911 38,549
89,911 99,549
CURRENT ASSETS
Stocks 6 2,600 5,500
Debtors 7 1,186 1,163
Cash at bank and in hand 9,747 7,171
13,533 13,834
Creditors: Amounts Falling Due Within One Year 8 (152,933 ) (133,014 )
NET CURRENT ASSETS (LIABILITIES) (139,400 ) (119,180 )
TOTAL ASSETS LESS CURRENT LIABILITIES (49,489 ) (19,631 )
NET LIABILITIES (49,489 ) (19,631 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (49,589 ) (19,731 )
SHAREHOLDERS' FUNDS (49,489) (19,631)
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Page 2
For the year ending 31 August 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 Steven Winik
Director
31/12/2024
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
WINIK'S BAKERY LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 08118483 . The registered office is 264 Broadway, Bexleyheath, Kent, DA6 8BE.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
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
Motor Vehicles 25
Fixtures & Fittings 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 year was: 4 (2023: )
4 -
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 61,000
As at 31 August 2024 61,000
Net Book Value
As at 31 August 2024 61,000
As at 1 September 2023 61,000
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 September 2023 1,899 62,833 68,886 133,618
As at 31 August 2024 1,899 62,833 68,886 133,618
Depreciation
As at 1 September 2023 1,753 38,715 54,601 95,069
Provided during the period 36 6,030 3,572 9,638
As at 31 August 2024 1,789 44,745 58,173 104,707
Net Book Value
As at 31 August 2024 110 18,088 10,713 28,911
As at 1 September 2023 146 24,118 14,285 38,549
6. Stocks
2024 2023
£ £
Stock 2,600 5,500
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,186 1,163
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Bank loans and overdrafts - 24,522
Other creditors 152,736 107,681
Taxation and social security 197 812
152,933 133,014
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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