Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 30 November 2023 false 1 April 2024 30 March 2025 30 March 2025 15318869 Mr Christopher Manners Mr Andrew Holland Mr Frederick Samengo-Turner Mr Leo Johnson Dodo Pubs Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15318869 2024-03-31 15318869 2025-03-30 15318869 2024-04-01 2025-03-30 15318869 frs-core:CurrentFinancialInstruments 2025-03-30 15318869 frs-core:ComputerEquipment 2025-03-30 15318869 frs-core:ComputerEquipment 2024-04-01 2025-03-30 15318869 frs-core:ComputerEquipment 2024-03-31 15318869 frs-core:FurnitureFittings 2025-03-30 15318869 frs-core:FurnitureFittings 2024-04-01 2025-03-30 15318869 frs-core:FurnitureFittings 2024-03-31 15318869 frs-core:PlantMachinery 2025-03-30 15318869 frs-core:PlantMachinery 2024-04-01 2025-03-30 15318869 frs-core:PlantMachinery 2024-03-31 15318869 frs-core:ShareCapital 2025-03-30 15318869 frs-core:RetainedEarningsAccumulatedLosses 2025-03-30 15318869 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-30 15318869 frs-bus:FilletedAccounts 2024-04-01 2025-03-30 15318869 frs-bus:SmallEntities 2024-04-01 2025-03-30 15318869 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-30 15318869 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-30 15318869 1 2024-04-01 2025-03-30 15318869 frs-bus:Director1 2024-04-01 2025-03-30 15318869 frs-bus:Director2 2024-04-01 2025-03-30 15318869 frs-bus:Director3 2024-04-01 2025-03-30 15318869 frs-bus:Director4 2024-04-01 2025-03-30 15318869 frs-countries:EnglandWales 2024-04-01 2025-03-30 15318869 2023-11-29 15318869 2024-03-31 15318869 2023-11-30 2024-03-31 15318869 frs-core:CurrentFinancialInstruments 2024-03-31 15318869 frs-core:ShareCapital 2024-03-31 15318869 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 15318869
The Airs And Graces Pub Ltd
Financial Statements
For The Year Ended 30 March 2025
Virgate Accounts Ltd
1st Floor Olympus House
Quedgeley
Gloucester
GL2 4NF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15318869
30 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 73,651 58,215
73,651 58,215
CURRENT ASSETS
Stocks 5 9,106 13,353
Debtors 6 21,027 35,514
Cash at bank and in hand 34,537 16,492
64,670 65,359
Creditors: Amounts Falling Due Within One Year 7 (112,956 ) (153,016 )
NET CURRENT ASSETS (LIABILITIES) (48,286 ) (87,657 )
TOTAL ASSETS LESS CURRENT LIABILITIES 25,365 (29,442 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (18,413 ) (14,554 )
NET ASSETS/(LIABILITIES) 6,952 (43,996 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 6,852 (44,096 )
SHAREHOLDERS' FUNDS 6,952 (43,996)
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For the year ending 30 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 Christopher Manners
Director
03/08/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Airs And Graces Pub Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15318869 . The registered office is 1st Floor Olympus House, Quedgeley, Gloucester, GL2 4NF.
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.
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 3 yrs straight line
Fixtures & Fittings 25% reducing balance
Computer Equipment 3 yrs straight line
The fixed assets additions will depreciated from April 24 onwards at the rates shown above.
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.
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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 11)
11 11
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 26,060 27,097 5,058 58,215
Additions 6,551 34,007 136 40,694
As at 30 March 2025 32,611 61,104 5,194 98,909
Depreciation
As at 1 April 2024 - - - -
Provided during the period 9,758 13,772 1,728 25,258
As at 30 March 2025 9,758 13,772 1,728 25,258
Net Book Value
As at 30 March 2025 22,853 47,332 3,466 73,651
As at 1 April 2024 26,060 27,097 5,058 58,215
5. Stocks
30 March 2025 31 March 2024
£ £
Stock 9,106 13,353
6. Debtors
30 March 2025 31 March 2024
£ £
Due within one year
Other debtors 21,027 35,514
7. Creditors: Amounts Falling Due Within One Year
30 March 2025 31 March 2024
£ £
Trade creditors 19,127 38,230
Amounts owed to group undertakings 57,675 100,867
Other creditors 23,348 13,919
Taxation and social security 12,806 -
112,956 153,016
8. Share Capital
30 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 100 100
9. Ultimate Controlling Party
The company's ultimate controlling party is Dodo Pubs Limited by virtue of its ownership of 100% of the issued share capital in the company.
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