Acorah Software Products - Accounts Production 16.1.300 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 14103635 Mr Kristian Lundager Mr Jonatan Rasmussen All Gravy ApS 4 Jernbanegade, 1 TH, Kobenhavn, Denmark true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14103635 2023-12-31 14103635 2024-12-31 14103635 2024-01-01 2024-12-31 14103635 frs-core:CurrentFinancialInstruments 2024-12-31 14103635 frs-core:ComputerEquipment 2024-12-31 14103635 frs-core:ComputerEquipment 2024-01-01 2024-12-31 14103635 frs-core:ComputerEquipment 2023-12-31 14103635 frs-core:ShareCapital 2024-12-31 14103635 frs-core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 14103635 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14103635 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14103635 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 14103635 frs-bus:SmallEntities 2024-01-01 2024-12-31 14103635 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14103635 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14103635 1 2024-01-01 2024-12-31 14103635 frs-bus:Director1 2024-01-01 2024-12-31 14103635 frs-bus:Director2 2024-01-01 2024-12-31 14103635 frs-countries:EnglandWales 2024-01-01 2024-12-31 14103635 2022-12-31 14103635 2023-12-31 14103635 2023-01-01 2023-12-31 14103635 frs-core:CurrentFinancialInstruments 2023-12-31 14103635 frs-core:ShareCapital 2022-12-31 14103635 frs-core:ShareCapital 2023-12-31 14103635 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 14103635 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-12-31 14103635 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 14103635
All Gravy Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Goodwille Limited
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 14103635
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 211 527
211 527
CURRENT ASSETS
Debtors 5 5,538 296
Cash at bank and in hand 8,594 1,527
14,132 1,823
Creditors: Amounts Falling Due Within One Year 6 (182,124 ) (171,081 )
NET CURRENT ASSETS (LIABILITIES) (167,992 ) (169,258 )
TOTAL ASSETS LESS CURRENT LIABILITIES (167,781 ) (168,731 )
NET LIABILITIES (167,781 ) (168,731 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (167,782 ) (168,732 )
SHAREHOLDERS' FUNDS (167,781) (168,731)
Page 1
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For the year 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 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 Jonatan Rasmussen
Director
28/05/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 January 2023 1 (135,654 ) (135,653)
Loss for the year and total comprehensive income - (33,078 ) (33,078)
As at 31 December 2023 and 1 January 2024 1 (168,732 ) (168,731)
Profit for the year and total comprehensive income - 950 950
As at 31 December 2024 1 (167,782 ) (167,781)
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Notes to the Financial Statements
1. General Information
All Gravy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14103635 . The registered office is 1 Chapel Street, Warwick, CV34 4HL.
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
Though the Company is operating at a loss, the Directors have a reasonable expectation that the Company will continue to have access to adequate resources to continue in operational existence for the foreseeable future. The Directors have considered a letter of support from its immediate parent company stating that they will support the Company should it not be in a position to meet any repayment obligations. Thus, the Directors continue to adopt the going concern basis in preparing the annual financial statements.
2.3. Turnover
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the
ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.
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:
Computer Equipment 33% straight line
2.5. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from related parties and investments in non-puttable ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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2.8. Debtors
Basic financial assets, including trade and other debtors, are intially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
2.9. Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
2.10. Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
2.11. Share Capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2023: 1)
- 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 949
As at 31 December 2024 949
Depreciation
As at 1 January 2024 422
Provided during the period 316
As at 31 December 2024 738
Net Book Value
As at 31 December 2024 211
As at 1 January 2024 527
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,342 296
VAT 196 -
5,538 296
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 689 261
VAT - 46
Accruals and deferred income 5,090 1,000
Amounts owed to group undertakings 176,345 169,774
182,124 171,081
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Dividends
No dividends were proposed or paid during the current or prior year. 
9. Related Party Transactions
The company is a wholly owned subsidiary member of its group and has therefore taken advantage of the provisions of Section 33. 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” not to disclose transactions with entities that are wholly owned members of the group.
10. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is All Gravy ApS . All Gravy ApS was incorporated in Denmark. Copies of the group accounts may be obtained from the secretary, 4 Jernbanegade, 1 TH, Kobenhavn, Denmark . The ultimate controlling party is All Gravy ApS who controls 100% of the shares of All Gravy Limited .
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