Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 NI653705 Mr Robert Ashley French Mrs Amy Elizabeth French iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI653705 2024-01-31 NI653705 2025-01-31 NI653705 2024-02-01 2025-01-31 NI653705 frs-core:CurrentFinancialInstruments 2025-01-31 NI653705 frs-core:ComputerEquipment 2025-01-31 NI653705 frs-core:ComputerEquipment 2024-02-01 2025-01-31 NI653705 frs-core:ComputerEquipment 2024-01-31 NI653705 frs-core:ShareCapital 2025-01-31 NI653705 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 NI653705 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 NI653705 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 NI653705 frs-bus:SmallEntities 2024-02-01 2025-01-31 NI653705 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 NI653705 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 NI653705 frs-core:UnlistedNon-exchangeTraded 2025-01-31 NI653705 frs-core:UnlistedNon-exchangeTraded 2024-01-31 NI653705 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-01-31 NI653705 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2025-01-31 NI653705 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-01-31 NI653705 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-01-31 NI653705 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-01-31 NI653705 frs-bus:Director1 2024-02-01 2025-01-31 NI653705 frs-bus:Director2 2024-02-01 2025-01-31 NI653705 frs-countries:NorthernIreland 2024-02-01 2025-01-31 NI653705 2023-01-31 NI653705 2024-01-31 NI653705 2023-02-01 2024-01-31 NI653705 frs-core:CurrentFinancialInstruments 2024-01-31 NI653705 frs-core:ShareCapital 2024-01-31 NI653705 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: NI653705
French Village Group Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Gray + Press Accountants
21 Old Channel Road
Unit 4A Channel Wharf
Belfast
Antrim
BT3 9DE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: NI653705
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,723 3,797
Investments 5 400 500
4,123 4,297
CURRENT ASSETS
Debtors 6 906,308 849,063
Cash at bank and in hand 3,508 8,332
909,816 857,395
Creditors: Amounts Falling Due Within One Year 7 (704,209 ) (183,309 )
NET CURRENT ASSETS (LIABILITIES) 205,607 674,086
TOTAL ASSETS LESS CURRENT LIABILITIES 209,730 678,383
NET ASSETS 209,730 678,383
CAPITAL AND RESERVES
Called up share capital 600 600
Profit and Loss Account 209,130 677,783
SHAREHOLDERS' FUNDS 209,730 678,383
For the year ending 31 January 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 Robert Ashley French
Director
31/05/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
French Village Group Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI653705 . The registered office is 32 Montgomery Road, Belfast , BT6 9HL.
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:
Computer Equipment 10% Straight Line
2.4. Pensions
The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the
balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.
2.5. Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be
measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.6. Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 9)
9 9
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2024 4,326
Additions 388
As at 31 January 2025 4,714
Depreciation
As at 1 February 2024 529
Provided during the period 462
As at 31 January 2025 991
Net Book Value
As at 31 January 2025 3,723
As at 1 February 2024 3,797
5. Investments
Unlisted
£
Cost
As at 1 February 2024 500
Disposals (100 )
As at 31 January 2025 400
Provision
As at 1 February 2024 -
As at 31 January 2025 -
Net Book Value
As at 31 January 2025 400
As at 1 February 2024 500
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 13,064 39,925
Amounts owed by group undertakings 884,289 809,038
Other debtors 8,955 100
906,308 849,063
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Page 4
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,045 1,524
Amounts owed to group undertakings 376,486 132,018
Other creditors 43,694 29,131
Taxation and social security 282,984 20,636
704,209 183,309
8. Related Party Transactions
During the financial year, various loan accounts operated between French Village Bakery Ltd and other companies, all of which were under common control.
At the end of the financial year a total balance of £882,572 was owed to French Village Group Ltd by French Village Bakery Ltd (2024 - £809,038).
At the end of the financial year a total balance of £195,343 was owed by French Village Group Ltd to French Capital Limited (2024 - £3,855).
At the end of the financial year a total balance of £181,142 was owed by French Village Group Ltd to French Mills Capital Limited (2024 - £128,164)
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