Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 12525003 Miss G Noon Mr J Hanson Mr L Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12525003 2024-03-31 12525003 2025-03-31 12525003 2024-04-01 2025-03-31 12525003 frs-core:CurrentFinancialInstruments 2025-03-31 12525003 frs-core:ComputerEquipment 2025-03-31 12525003 frs-core:ComputerEquipment 2024-04-01 2025-03-31 12525003 frs-core:ComputerEquipment 2024-03-31 12525003 frs-core:FurnitureFittings 2025-03-31 12525003 frs-core:FurnitureFittings 2024-04-01 2025-03-31 12525003 frs-core:FurnitureFittings 2024-03-31 12525003 frs-core:PlantMachinery 2025-03-31 12525003 frs-core:PlantMachinery 2024-04-01 2025-03-31 12525003 frs-core:PlantMachinery 2024-03-31 12525003 frs-core:SharePremium 2025-03-31 12525003 frs-core:ShareCapital 2025-03-31 12525003 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 12525003 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12525003 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 12525003 frs-bus:SmallEntities 2024-04-01 2025-03-31 12525003 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12525003 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12525003 frs-bus:Director1 2024-04-01 2025-03-31 12525003 frs-bus:Director2 2024-04-01 2025-03-31 12525003 frs-bus:Director3 2024-04-01 2025-03-31 12525003 frs-countries:EnglandWales 2024-04-01 2025-03-31 12525003 2023-03-31 12525003 2024-03-31 12525003 2023-04-01 2024-03-31 12525003 frs-core:CurrentFinancialInstruments 2024-03-31 12525003 frs-core:SharePremium 2024-03-31 12525003 frs-core:ShareCapital 2024-03-31 12525003 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 12525003
North East Distillers Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12525003
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,442 24,609
33,442 24,609
CURRENT ASSETS
Stocks 5 8,944 2,397
Debtors 6 5,227 10,052
Cash at bank and in hand 3,433 10,096
17,604 22,545
Creditors: Amounts Falling Due Within One Year 7 (73,136 ) (26,959 )
NET CURRENT ASSETS (LIABILITIES) (55,532 ) (4,414 )
TOTAL ASSETS LESS CURRENT LIABILITIES (22,090 ) 20,195
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,361 ) (6,152 )
NET (LIABILITIES)/ASSETS (30,451 ) 14,043
CAPITAL AND RESERVES
Called up share capital 8 1 1
Share premium account 80,996 75,996
Profit and Loss Account (111,448 ) (61,954 )
SHAREHOLDERS' FUNDS (30,451) 14,043
Page 1
Page 2
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
Mr L Smith
Director
1 September 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
North East Distillers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12525003 . The registered office is Unit 4 , 91-95 Blandford Street, Newcastle upon Tyne, NE1 3PZ.
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. 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 10% Reducing balance
Fixtures & Fittings 25% Straight line
Computer Equipment 25% Straight line
2.3. 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.
2.4. 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: 1 (2024: 1)
1 1
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 27,540 - 1,249 28,789
Additions 5,182 7,508 456 13,146
As at 31 March 2025 32,722 7,508 1,705 41,935
Depreciation
As at 1 April 2024 3,764 - 416 4,180
Provided during the period 2,554 1,408 351 4,313
As at 31 March 2025 6,318 1,408 767 8,493
Net Book Value
As at 31 March 2025 26,404 6,100 938 33,442
As at 1 April 2024 23,776 - 833 24,609
5. Stocks
2025 2024
£ £
Stock 8,944 2,397
6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 2,415 8,034
Other debtors 2,018 2,018
VAT 676 -
Other taxes and social security 118 -
5,227 10,052
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other taxes and social security - 594
VAT - 449
Accruals and deferred income 2,773 545
Directors' loan accounts 70,363 25,371
73,136 26,959
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4