Acorah Software Products - Accounts Production 16.2.850 false true true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 09829081 Mr Daniel Chadwick Mr Jonathan Chadwick iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09829081 2023-10-31 09829081 2024-10-31 09829081 2023-11-01 2024-10-31 09829081 frs-core:CurrentFinancialInstruments 2024-10-31 09829081 frs-core:Non-currentFinancialInstruments 2024-10-31 09829081 frs-core:ComputerEquipment 2024-10-31 09829081 frs-core:ComputerEquipment 2023-11-01 2024-10-31 09829081 frs-core:ComputerEquipment 2023-10-31 09829081 frs-core:FurnitureFittings 2024-10-31 09829081 frs-core:FurnitureFittings 2023-11-01 2024-10-31 09829081 frs-core:FurnitureFittings 2023-10-31 09829081 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 09829081 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 09829081 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 09829081 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 09829081 frs-core:MotorVehicles 2024-10-31 09829081 frs-core:MotorVehicles 2023-11-01 2024-10-31 09829081 frs-core:MotorVehicles 2023-10-31 09829081 frs-core:PlantMachinery 2024-10-31 09829081 frs-core:PlantMachinery 2023-11-01 2024-10-31 09829081 frs-core:PlantMachinery 2023-10-31 09829081 frs-core:WithinOneYear 2024-10-31 09829081 frs-core:ShareCapital 2024-10-31 09829081 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 09829081 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09829081 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 09829081 frs-bus:SmallEntities 2023-11-01 2024-10-31 09829081 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09829081 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 09829081 frs-core:DeferredTaxation 2023-10-31 09829081 frs-core:DeferredTaxation 2024-10-31 09829081 frs-bus:Director1 2023-11-01 2024-10-31 09829081 frs-bus:Director2 2023-11-01 2024-10-31 09829081 frs-countries:EnglandWales 2023-11-01 2024-10-31 09829081 2022-10-31 09829081 2023-10-31 09829081 2022-11-01 2023-10-31 09829081 frs-core:CurrentFinancialInstruments 2023-10-31 09829081 frs-core:Non-currentFinancialInstruments 2023-10-31 09829081 frs-core:WithinOneYear 2023-10-31 09829081 frs-core:ShareCapital 2023-10-31 09829081 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 09829081
Cakes & Dreams Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09829081
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 65,530 54,503
65,530 54,503
CURRENT ASSETS
Stocks 5 148,730 142,487
Debtors 6 218,810 178,591
Cash at bank and in hand 1,981 62,820
369,521 383,898
Creditors: Amounts Falling Due Within One Year 7 (373,723 ) (285,794 )
NET CURRENT ASSETS (LIABILITIES) (4,202 ) 98,104
TOTAL ASSETS LESS CURRENT LIABILITIES 61,328 152,607
Creditors: Amounts Falling Due After More Than One Year 8 (208,018 ) (19,468 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,818 ) (6,672 )
NET (LIABILITIES)/ASSETS (155,508 ) 126,467
CAPITAL AND RESERVES
Called up share capital 11 3 3
Profit and Loss Account (155,511 ) 126,464
SHAREHOLDERS' FUNDS (155,508) 126,467
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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 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 Daniel Chadwick
Director
06/06/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cakes & Dreams Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09829081 . The registered office is 14 Beaumaris Close, Leigh, WN7 5BP.
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.
Going concern
These financial statements are prepared on a going concern basis. The Directors have every expectation that the company will continue in operational existence for the foreseeable future and meet its liabilities as they fall due.
Thus the Directors consider it appropriate to prepare these financial statements on a going concern basis.
Cash at bank and in hand
Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are showing within borrowings in current liabilities.
2.2. Going Concern Disclosure
These financial statements are prepared on the going concern basis. The Directors have every expectation that the company will continue in operational ecistence for the oreseeable futgure and meet its liabilities as they fall due. 
2.3. 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. 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.
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:
Freehold 33.33%
Leasehold 33.33%
Plant & Machinery 33.33%
Motor Vehicles 25%
Fixtures & Fittings 33.33%
Computer Equipment 33.33%
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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. 
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2.7. 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2023: 19)
20 19
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 November 2023 - 1,470 66,428 10,707
Additions 7,990 1,841 16,000 585
As at 31 October 2024 7,990 3,311 82,428 11,292
Depreciation
As at 1 November 2023 - 623 22,656 2,684
Provided during the period 2,663 1,093 8,216 3,726
As at 31 October 2024 2,663 1,716 30,872 6,410
Net Book Value
As at 31 October 2024 5,327 1,595 51,556 4,882
As at 1 November 2023 - 847 43,772 8,023
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Computer Equipment Total
£ £
Cost
As at 1 November 2023 4,309 82,914
Additions 1,594 28,010
As at 31 October 2024 5,903 110,924
Depreciation
As at 1 November 2023 2,448 28,411
Provided during the period 1,285 16,983
As at 31 October 2024 3,733 45,394
Net Book Value
As at 31 October 2024 2,170 65,530
As at 1 November 2023 1,861 54,503
Cost or valuation as at 31 October 2024 represented by:
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
At cost 7,990 3,311 82,428 11,292
7,990 3,311 82,428 11,292
Computer Equipment Total
£ £
At cost 5,903 110,924
5,903 110,924
5. Stocks
2024 2023
£ £
Stock 148,730 142,487
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 174,730 168,460
Prepayments and accrued income 20,305 5,905
Other debtors 23,775 4,226
218,810 178,591
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 13,983 -
Trade creditors 301,905 194,799
Other loans 19,468 8,003
Other taxes and social security 15,217 15,591
Other creditors 3,457 49,329
Accruals and deferred income 19,693 18,072
373,723 285,794
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans - 19,468
Other creditors 208,018 -
208,018 19,468
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 13,983 -
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 November 2023 6,672 6,672
Balance at 31 October 2024 6,672 6,672
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
12. Financial Instruments
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