Acorah Software Products - Accounts Production 14.5.601 false true 25 December 2022 26 December 2021 false 26 December 2022 25 December 2023 25 December 2023 04537228 Mr Martin Cornish Mr Howard Lewis Mr Steven Czerkawski Mr Peter Gunby iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04537228 2022-12-25 04537228 2023-12-25 04537228 2022-12-26 2023-12-25 04537228 frs-core:CurrentFinancialInstruments 2023-12-25 04537228 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-25 04537228 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-26 2023-12-25 04537228 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-25 04537228 frs-core:OtherReservesSubtotal 2023-12-25 04537228 frs-bus:CompanyLimitedByGuarantee 2022-12-26 2023-12-25 04537228 frs-bus:FilletedAccounts 2022-12-26 2023-12-25 04537228 frs-bus:SmallEntities 2022-12-26 2023-12-25 04537228 frs-bus:AuditExempt-NoAccountantsReport 2022-12-26 2023-12-25 04537228 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-26 2023-12-25 04537228 frs-bus:Director1 2022-12-26 2023-12-25 04537228 frs-bus:Director2 2022-12-26 2023-12-25 04537228 frs-bus:Director3 2022-12-26 2023-12-25 04537228 frs-bus:CompanySecretary1 2022-12-26 2023-12-25 04537228 frs-countries:EnglandWales 2022-12-26 2023-12-25 04537228 2021-12-25 04537228 2022-12-25 04537228 2021-12-26 2022-12-25 04537228 frs-core:CurrentFinancialInstruments 2022-12-25 04537228 frs-core:OtherReservesSubtotal 2022-12-25
Registered number: 04537228
Tara Court Residents Association Limited
Unaudited Financial Statements
For The Year Ended 25 December 2023
GC Accountancy Management Service Ltd
Howes Farm Office
Doddinghurst Road Pilgrims Hatch
Brentwood
Essex
CM15 0SG
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 04537228
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,697 1,697
1,697 1,697
CURRENT ASSETS
Cash at bank and in hand 40,976 35,658
40,976 35,658
Creditors: Amounts Falling Due Within One Year 6 (6,400 ) (3,349 )
NET CURRENT ASSETS (LIABILITIES) 34,576 32,309
TOTAL ASSETS LESS CURRENT LIABILITIES 36,273 34,006
NET ASSETS 36,273 34,006
RESERVES
Other reserves 36,273 34,006
MEMBERS' FUNDS 36,273 34,006
For the year ending 25 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 Income and Expenditure Account.
On behalf of the board
Mr Martin Cornish
Director
02/04/2024
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
Tara Court Residents Association Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 04537228 . The registered office is 118-120 Cranbrook Road, Ilford, Essex, IG1 4LZ.
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 0%
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 4 4
4 4
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 26 December 2022 1,697
As at 25 December 2023 1,697
Net Book Value
As at 25 December 2023 1,697
As at 26 December 2022 1,697
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and service charges paid in advance 6,400 3,349
6,400 3,349
7. 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 3