Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 11635149 Mr Calum Chrystie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11635149 2023-10-31 11635149 2024-10-31 11635149 2023-11-01 2024-10-31 11635149 frs-core:CurrentFinancialInstruments 2024-10-31 11635149 frs-core:FurnitureFittings 2024-10-31 11635149 frs-core:FurnitureFittings 2023-11-01 2024-10-31 11635149 frs-core:FurnitureFittings 2023-10-31 11635149 frs-core:MotorVehicles 2024-10-31 11635149 frs-core:MotorVehicles 2023-11-01 2024-10-31 11635149 frs-core:MotorVehicles 2023-10-31 11635149 frs-core:PlantMachinery 2024-10-31 11635149 frs-core:PlantMachinery 2023-11-01 2024-10-31 11635149 frs-core:PlantMachinery 2023-10-31 11635149 frs-core:ShareCapital 2024-10-31 11635149 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 11635149 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11635149 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 11635149 frs-bus:SmallEntities 2023-11-01 2024-10-31 11635149 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11635149 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 11635149 frs-bus:Director1 2023-11-01 2024-10-31 11635149 frs-countries:EnglandWales 2023-11-01 2024-10-31 11635149 2022-10-31 11635149 2023-10-31 11635149 2022-11-01 2023-10-31 11635149 frs-core:CurrentFinancialInstruments 2023-10-31 11635149 frs-core:ShareCapital 2023-10-31 11635149 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 11635149
The Dub Hut (Ashford) Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11635149
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,339 5,894
19,339 5,894
CURRENT ASSETS
Stocks 5 47,794 53,388
Debtors 6 28,950 31,027
Cash at bank and in hand 118,798 111,802
195,542 196,217
Creditors: Amounts Falling Due Within One Year 7 (153,089 ) (153,905 )
NET CURRENT ASSETS (LIABILITIES) 42,453 42,312
TOTAL ASSETS LESS CURRENT LIABILITIES 61,792 48,206
NET ASSETS 61,792 48,206
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 61,790 48,204
SHAREHOLDERS' FUNDS 61,792 48,206
Page 1
Page 2
For the year ending 31 October 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.
On behalf of the board
Mr Calum Chrystie
Director
24/07/2025
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
The Dub Hut (Ashford) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11635149 . The registered office is C/O Pembury Clarek Associates, Thames Innovation Centre, 2 Veridion Way, Erith, DA18 4AL.
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 25 S/L
Motor Vehicles 25 S/L
Fixtures & Fittings 25 S/L
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2023 10,880 18,350 3,854 33,084
Additions - 26,990 - 26,990
As at 31 October 2024 10,880 45,340 3,854 60,074
Depreciation
As at 1 November 2023 6,528 18,350 2,312 27,190
Provided during the period 1,632 11,335 578 13,545
As at 31 October 2024 8,160 29,685 2,890 40,735
Net Book Value
As at 31 October 2024 2,720 15,655 964 19,339
As at 1 November 2023 4,352 - 1,542 5,894
5. Stocks
2024 2023
£ £
Materials 47,794 53,388
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 16,677 31,027
Amounts owed by associates 12,273 -
28,950 31,027
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 44,617 52,008
Bank loans and overdrafts 18,232 18,232
Corporation tax 7,749 -
VAT 13,241 14,415
Other creditors 69,250 69,250
153,089 153,905
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4