Acorah Software Products - Accounts Production 19.2.450 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 05776059 Mr Kamal Ali Mr Naziur Rahman Mr Anwar Miah iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05776059 2024-05-31 05776059 2025-05-31 05776059 2024-06-01 2025-05-31 05776059 frs-core:CurrentFinancialInstruments 2025-05-31 05776059 frs-core:MotorVehicles 2025-05-31 05776059 frs-core:MotorVehicles 2024-06-01 2025-05-31 05776059 frs-core:MotorVehicles 2024-05-31 05776059 frs-core:PlantMachinery 2025-05-31 05776059 frs-core:PlantMachinery 2024-06-01 2025-05-31 05776059 frs-core:PlantMachinery 2024-05-31 05776059 frs-core:ShareCapital 2025-05-31 05776059 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 05776059 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 05776059 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 05776059 frs-bus:SmallEntities 2024-06-01 2025-05-31 05776059 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 05776059 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 05776059 frs-bus:Director1 2024-06-01 2025-05-31 05776059 frs-bus:Director2 2024-06-01 2025-05-31 05776059 frs-bus:CompanySecretary1 2024-06-01 2025-05-31 05776059 frs-countries:EnglandWales 2024-06-01 2025-05-31 05776059 2023-05-31 05776059 2024-05-31 05776059 2023-06-01 2024-05-31 05776059 frs-core:CurrentFinancialInstruments 2024-05-31 05776059 frs-core:ShareCapital 2024-05-31 05776059 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 05776059
Euroasia Catering Supplies Ltd
Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05776059
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,047 17,396
22,047 17,396
CURRENT ASSETS
Stocks 5 40,000 40,500
Debtors 6 637,591 647,174
Cash at bank and in hand 29,696 7,075
707,287 694,749
Creditors: Amounts Falling Due Within One Year 7 (635,101 ) (595,932 )
NET CURRENT ASSETS (LIABILITIES) 72,186 98,817
TOTAL ASSETS LESS CURRENT LIABILITIES 94,233 116,213
NET ASSETS 94,233 116,213
CAPITAL AND RESERVES
Called up share capital 8 9 9
Profit and Loss Account 94,224 116,204
SHAREHOLDERS' FUNDS 94,233 116,213
Page 1
Page 2
For the year ending 31 May 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 Kamal Ali
Director
24 May 2026
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
Euroasia Catering Supplies Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05776059 . The registered office is Unit H7 Park Avenue, Sundon Park Road, Luton, Bedfordshire, LU3 3BP.
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:
Plant & Machinery 25%
Motor Vehicles 25%
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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 6)
9 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 June 2024 88,101 93,250 181,351
Additions - 12,000 12,000
As at 31 May 2025 88,101 105,250 193,351
Depreciation
As at 1 June 2024 78,621 85,334 163,955
Provided during the period 2,370 4,979 7,349
As at 31 May 2025 80,991 90,313 171,304
Net Book Value
As at 31 May 2025 7,110 14,937 22,047
As at 1 June 2024 9,480 7,916 17,396
5. Stocks
2025 2024
£ £
Materials 40,000 40,500
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 634,757 643,471
Other debtors 2,834 3,703
637,591 647,174
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 443,286 279,535
Other creditors 171,798 299,083
Taxation and social security 20,017 17,314
635,101 595,932
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 9 9
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