Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 09692675 Miss Lisa Berberich iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09692675 2022-07-31 09692675 2023-07-31 09692675 2022-08-01 2023-07-31 09692675 frs-core:CurrentFinancialInstruments 2023-07-31 09692675 frs-core:FurnitureFittings 2023-07-31 09692675 frs-core:FurnitureFittings 2022-08-01 2023-07-31 09692675 frs-core:FurnitureFittings 2022-07-31 09692675 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 09692675 frs-bus:CompanyLimitedByGuarantee 2022-08-01 2023-07-31 09692675 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 09692675 frs-bus:SmallEntities 2022-08-01 2023-07-31 09692675 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 09692675 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 09692675 frs-bus:Director1 2022-08-01 2023-07-31 09692675 frs-countries:EnglandWales 2022-08-01 2023-07-31 09692675 2021-07-31 09692675 2022-07-31 09692675 2021-08-01 2022-07-31 09692675 frs-core:CurrentFinancialInstruments 2022-07-31 09692675 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 09692675
Goodstation Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
Grey Cube Accounting Limited
Broad Oak Farm
Horden
Cranbrook
Kent
TN17 2NJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09692675
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 270
- 270
CURRENT ASSETS
Stocks 5 323,731 323,731
Debtors 6 220,116 220,116
Cash at bank and in hand 1,138 1,026
544,985 544,873
Creditors: Amounts Falling Due Within One Year 7 (620,466 ) (624,682 )
NET CURRENT ASSETS (LIABILITIES) (75,481 ) (79,809 )
TOTAL ASSETS LESS CURRENT LIABILITIES (75,481 ) (79,539 )
NET LIABILITIES (75,481 ) (79,539 )
Income and Expenditure Account (75,481 ) (79,539 )
MEMBERS' FUNDS (75,481) (79,539)
Page 1
Page 2
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Miss Lisa Berberich
Director
26/04/2024
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
Goodstation Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 09692675 . The registered office is Lower Windmill Oast Lamberhurst Quarter, Lamberhurst, Tunbridge Wells, TN3 8AL.
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:
Fixtures & Fittings 25% Reducing balance basis
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 August 2022 1,080
As at 31 July 2023 1,080
Depreciation
As at 1 August 2022 810
Provided during the period 270
As at 31 July 2023 1,080
Net Book Value
As at 31 July 2023 -
As at 1 August 2022 270
5. Stocks
2023 2022
£ £
Work in progress 323,731 323,731
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 220,116 220,116
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 28,738 32,315
Other loans 186,860 186,860
Other creditors 404,868 405,507
620,466 624,682
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.
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