Acorah Software Products - Accounts Production 14.5.601 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 SC118394 Mr Terence Sargent Mr James Anderson Mr Gavin Gatt Mr Lewis Platt Mr Craig Roger Mr Marc Thomson Brown & Mcrae LLP iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC118394 2022-09-30 SC118394 2023-09-30 SC118394 2022-10-01 2023-09-30 SC118394 frs-core:CurrentFinancialInstruments 2023-09-30 SC118394 frs-core:Non-currentFinancialInstruments 2023-09-30 SC118394 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 SC118394 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 SC118394 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-09-30 SC118394 frs-core:OtherReservesSubtotal 2023-09-30 SC118394 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 SC118394 frs-bus:CompanyLimitedByGuarantee 2022-10-01 2023-09-30 SC118394 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 SC118394 frs-bus:SmallEntities 2022-10-01 2023-09-30 SC118394 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 SC118394 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 SC118394 frs-bus:Director1 2022-10-01 2023-09-30 SC118394 frs-bus:Director2 2022-10-01 2023-09-30 SC118394 frs-bus:Director3 2022-10-01 2023-09-30 SC118394 frs-bus:Director4 2022-10-01 2023-09-30 SC118394 frs-bus:Director5 2022-10-01 2023-09-30 SC118394 frs-bus:Director6 2022-10-01 2023-09-30 SC118394 frs-bus:CompanySecretary1 2022-10-01 2023-09-30 SC118394 frs-countries:Scotland 2022-10-01 2023-09-30 SC118394 2021-09-30 SC118394 2022-09-30 SC118394 2021-10-01 2022-09-30 SC118394 frs-core:CurrentFinancialInstruments 2022-09-30 SC118394 frs-core:Non-currentFinancialInstruments 2022-09-30 SC118394 frs-core:OtherReservesSubtotal 2022-09-30 SC118394 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: SC118394
Fraserburgh Indoor Leisure Centre
Unaudited Financial Statements
For The Year Ended 30 September 2023
M Squared Accountants Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC118394
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 106,688 113,295
106,688 113,295
CURRENT ASSETS
Debtors 5 125,885 127,098
Cash at bank and in hand 68 68
125,953 127,166
Creditors: Amounts Falling Due Within One Year 6 (1,260 ) (1,199 )
NET CURRENT ASSETS (LIABILITIES) 124,693 125,967
TOTAL ASSETS LESS CURRENT LIABILITIES 231,381 239,262
Creditors: Amounts Falling Due After More Than One Year 7 (24,523 ) (25,897 )
NET ASSETS 206,858 213,365
RESERVES
Other reserves 130,909 130,909
Income and Expenditure Account 75,949 82,456
MEMBERS' FUNDS 206,858 213,365
Page 1
Page 2
For the year ending 30 September 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 Income and Expenditure Account.
On behalf of the board
Mr Lewis Platt
Director
Mr Craig Roger
Director
11/03/2024
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
Fraserburgh Indoor Leisure Centre is a private company, limited by guarantee, incorporated in Scotland, registered number SC118394 . The registered office is Anderson House, Fraserburgh, Aberdeenshire, AB43 9AB.
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:
Freehold 2% SL / 6% SL
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 October 2022 383,674
As at 30 September 2023 383,674
Depreciation
As at 1 October 2022 270,379
Provided during the period 6,607
As at 30 September 2023 276,986
Net Book Value
As at 30 September 2023 106,688
As at 1 October 2022 113,295
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due after more than one year
Loan Due from The Leisure Centre 125,885 127,098
125,885 127,098
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals 1,260 1,199
1,260 1,199
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Deferred income 24,523 25,897
24,523 25,897
8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 4