Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10562209 Mrs Amirthagowry Gerethern Mr Markandu Geretheran iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10562209 2024-03-31 10562209 2025-03-31 10562209 2024-04-01 2025-03-31 10562209 frs-core:CurrentFinancialInstruments 2025-03-31 10562209 frs-core:Non-currentFinancialInstruments 2025-03-31 10562209 frs-core:FurnitureFittings 2025-03-31 10562209 frs-core:FurnitureFittings 2024-04-01 2025-03-31 10562209 frs-core:FurnitureFittings 2024-03-31 10562209 frs-core:NetGoodwill 2025-03-31 10562209 frs-core:NetGoodwill 2024-04-01 2025-03-31 10562209 frs-core:NetGoodwill 2024-03-31 10562209 frs-core:MotorVehicles 2025-03-31 10562209 frs-core:MotorVehicles 2024-04-01 2025-03-31 10562209 frs-core:MotorVehicles 2024-03-31 10562209 frs-core:ShareCapital 2025-03-31 10562209 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10562209 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10562209 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10562209 frs-bus:SmallEntities 2024-04-01 2025-03-31 10562209 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10562209 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10562209 frs-bus:Director1 2024-04-01 2025-03-31 10562209 frs-bus:Director2 2024-04-01 2025-03-31 10562209 frs-countries:EnglandWales 2024-04-01 2025-03-31 10562209 2023-03-31 10562209 2024-03-31 10562209 2023-04-01 2024-03-31 10562209 frs-core:CurrentFinancialInstruments 2024-03-31 10562209 frs-core:Non-currentFinancialInstruments 2024-03-31 10562209 frs-core:ShareCapital 2024-03-31 10562209 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10562209
G & A Off Licence Ltd
Financial Statements
For The Year Ended 31 March 2025
Tamsons Accounting & Tax Consultancy Ltd
Financial Accountants'
53-55 College Road
Bromley
Kent
BR1 3QG
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors Mrs Amirthagowry Gerethern
Mr Markandu Geretheran
Company Number 10562209
Registered Office Rayneham
Park Road
Ramsgate
Kent
CT11 7QH
Business 1 Bellevue Road
Ramsgate
Kent
CT11 8LB
Accountants Tamsons Accounting & Tax Consultancy Ltd
Financial Accountants'
53-55 College Road
Bromley
Kent
BR1 3QG
Page 1
Page 2
Balance Sheet
Registered number: 10562209
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 31,778 31,778
Tangible Assets 5 41,326 50,398
73,104 82,176
CURRENT ASSETS
Stocks 250,855 248,145
Debtors 6 243 3,517
Cash at bank and in hand 80,916 340,223
332,014 591,885
Creditors: Amounts Falling Due Within One Year 7 (103,762 ) (401,456 )
NET CURRENT ASSETS (LIABILITIES) 228,252 190,429
TOTAL ASSETS LESS CURRENT LIABILITIES 301,356 272,605
Creditors: Amounts Falling Due After More Than One Year 8 (140,982 ) (152,010 )
NET ASSETS 160,374 120,595
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 160,274 120,495
SHAREHOLDERS' FUNDS 160,374 120,595
Page 2
Page 3
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
Mrs Amirthagowry Gerethern
Director
Mr Markandu Geretheran
Director
15/07/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
G & A Off Licence Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10562209 . The registered office is Rayneham, Park Road, Ramsgate, Kent, CT11 7QH.
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 the 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:
Motor Vehicles 18% @ cost-1 Month
Fixtures & Fittings WDA@18% on Cost
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.
2.6. 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.
...CONTINUED
Page 4
Page 5
2.6. Taxation - continued
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.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 11)
11 11
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 31,778
As at 31 March 2025 31,778
Net Book Value
As at 31 March 2025 31,778
As at 1 April 2024 31,778
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 42,587 20,650 63,237
As at 31 March 2025 42,587 20,650 63,237
Depreciation
As at 1 April 2024 639 12,200 12,839
Provided during the period 7,551 1,521 9,072
As at 31 March 2025 8,190 13,721 21,911
Net Book Value
As at 31 March 2025 34,397 6,929 41,326
As at 1 April 2024 41,948 8,450 50,398
Page 5
Page 6
6. Debtors
2025 2024
£ £
Due within one year
VAT - 3,517
Other taxes and social security 243 -
243 3,517
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 30,152 20,849
Corporation tax 31,919 20,500
Other taxes and social security - 904
VAT 4,795 -
Other creditors 2,628 2,628
Directors' loan accounts 34,268 356,575
103,762 401,456
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans-BBL 140,982 152,010
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
2025 2024
£ £
Mrs Amirthagowry Gerethern 30,000 30,000
Mr Markandu Geretheran 30,000 30,000
Page 6