Acorah Software Products - Accounts Production 14.5.501 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09327878 Ms Karen Bradshaw Ms Clare Wilkinson Mr Mark Weston Ms Hilary Hall Ms Clare Wilkinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09327878 2022-12-31 09327878 2023-12-31 09327878 2023-01-01 2023-12-31 09327878 frs-core:CurrentFinancialInstruments 2023-12-31 09327878 frs-core:FurnitureFittings 2023-12-31 09327878 frs-core:FurnitureFittings 2023-01-01 2023-12-31 09327878 frs-core:FurnitureFittings 2022-12-31 09327878 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09327878 frs-core:PlantMachinery 2023-12-31 09327878 frs-core:PlantMachinery 2023-01-01 2023-12-31 09327878 frs-core:PlantMachinery 2022-12-31 09327878 frs-core:RevaluationReserve 2022-12-31 09327878 frs-core:RevaluationReserve 2023-12-31 09327878 frs-core:ShareCapital 2023-12-31 09327878 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09327878 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09327878 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09327878 frs-bus:SmallEntities 2023-01-01 2023-12-31 09327878 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09327878 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09327878 frs-bus:Director1 2023-01-01 2023-12-31 09327878 frs-bus:Director2 2023-01-01 2023-12-31 09327878 frs-bus:Director3 2023-01-01 2023-12-31 09327878 frs-bus:Director4 2023-01-01 2023-12-31 09327878 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 09327878 frs-countries:EnglandWales 2023-01-01 2023-12-31 09327878 2021-12-31 09327878 2022-12-31 09327878 2022-01-01 2022-12-31 09327878 frs-core:CurrentFinancialInstruments 2022-12-31 09327878 frs-core:RevaluationReserve 2022-12-31 09327878 frs-core:ShareCapital 2022-12-31 09327878 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09327878
Hanney Community Pub Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Athena Accountants & Business Advisors Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09327878
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,694 8,137
Investment Properties 5 395,000 395,000
403,694 403,137
CURRENT ASSETS
Debtors 6 168 23
Cash at bank and in hand 51,666 31,312
51,834 31,335
Creditors: Amounts Falling Due Within One Year 7 (17,235 ) (15,809 )
NET CURRENT ASSETS (LIABILITIES) 34,599 15,526
TOTAL ASSETS LESS CURRENT LIABILITIES 438,293 418,663
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,789 ) (3,153 )
NET ASSETS 431,504 415,510
CAPITAL AND RESERVES
Called up share capital 8 400,000 400,000
Revaluation reserve 9 73,169 73,169
Profit and Loss Account (41,665 ) (57,659 )
SHAREHOLDERS' FUNDS 431,504 415,510
Page 1
Page 2
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
Ms Clare Wilkinson
Director
27/03/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hanney Community Pub Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09327878 . The registered office is Cherry Orchard House Church Street, West Hanney, Wantage, OX12 0LW.
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 rental income and the sale of goods and services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 Not depreciated
Plant & Machinery 20% Straight line
Fixtures & Fittings 20-25% Straight line
2.4. Investment Properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit and loss account.
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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 5)
5 5
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 51,629 29,903 81,532
Additions - 3,500 3,500
As at 31 December 2023 51,629 33,403 85,032
Depreciation
As at 1 January 2023 50,978 22,417 73,395
Provided during the period 244 2,699 2,943
As at 31 December 2023 51,222 25,116 76,338
Net Book Value
As at 31 December 2023 407 8,287 8,694
As at 1 January 2023 651 7,486 8,137
5. Investment Property
2023
£
Fair Value
As at 1 January 2023 and 31 December 2023 395,000
6. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 168 23
168 23
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 12
VAT 1,506 232
Other creditors 15,124 15,015
Accruals and deferred income 605 550
17,235 15,809
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 400,000 400,000
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Page 5
9. Reserves
Revaluation Reserve
£
As at 1 January 2023 73,169
As at 31 December 2023 73,169
Page 5