Acorah Software Products - Accounts Production 14.5.601 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 00796418 Mr P B Stevenson Mr I D Stevenson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00796418 2022-12-31 00796418 2023-12-31 00796418 2023-01-01 2023-12-31 00796418 frs-core:CurrentFinancialInstruments 2023-12-31 00796418 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 00796418 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 00796418 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 00796418 frs-core:OtherReservesSubtotal 2023-12-31 00796418 frs-core:ShareCapital 2023-12-31 00796418 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 00796418 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 00796418 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 00796418 frs-bus:SmallEntities 2023-01-01 2023-12-31 00796418 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 00796418 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 00796418 frs-bus:Director1 2023-01-01 2023-12-31 00796418 frs-bus:Director2 2023-01-01 2023-12-31 00796418 frs-countries:EnglandWales 2023-01-01 2023-12-31 00796418 2021-12-31 00796418 2022-12-31 00796418 2022-01-01 2022-12-31 00796418 frs-core:CurrentFinancialInstruments 2022-12-31 00796418 frs-core:OtherReservesSubtotal 2022-12-31 00796418 frs-core:ShareCapital 2022-12-31 00796418 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 00796418
Caroline & Brian Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 00796418
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 164,000 168,000
164,000 168,000
Creditors: Amounts Falling Due Within One Year 5 (93,622 ) (80,513 )
NET CURRENT ASSETS (LIABILITIES) (93,622 ) (80,513 )
TOTAL ASSETS LESS CURRENT LIABILITIES 70,378 87,487
NET ASSETS 70,378 87,487
CAPITAL AND RESERVES
Called up share capital 6 100 100
Other reserves 174,034 174,034
Profit and Loss Account (103,756 ) (86,647 )
SHAREHOLDERS' FUNDS 70,378 87,487
For the year ending 31 December 2023 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 P B Stevenson
Director
2 April 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Caroline & Brian Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00796418 . The registered office is Baronia, Bridle Path, Larkhill, Wantage, Oxfordshire, OX12 8PL.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Going Concern Disclosure
The company reports a loss for the year ended 31 December 2023 and remains reliant on the continued financial support of the directors. The directors have loaned the company further funds in the year and have agreed to continue to meet the company's debts as they fall due. In addition they have agreed not to seek repayment of the directors loan account balance until such time that the company can afford to make repayments. The accounts have been prepared on a going concern basis. 
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 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.
2.4. 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 2% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 January 2023 200,000
As at 31 December 2023 200,000
...CONTINUED
Page 2
Page 3
Depreciation
As at 1 January 2023 32,000
Provided during the period 4,000
As at 31 December 2023 36,000
Net Book Value
As at 31 December 2023 164,000
As at 1 January 2023 168,000
Cost or valuation as at 31 December 2023 represented by:
Land & Property
Freehold
£
At valuation 200,000
200,000
The fair value of the property has been arrived at on the basis of a valuation carried out on 6 April 2010 by Messrs Eckersley White Estate Agents, who are not conneted with the company. The valuation was made on an open market basis by reference to market evidence of transaction prices for similiar properties. The directors believe that this valuation is still appropriate.
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 443 408
Directors' loan accounts 93,179 80,105
93,622 80,513
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 3