Acorah Software Products - Accounts Production 14.5.601 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 10768934 Mr David Chamberlain Mrs Sylvia Chamberlain Mr Peter Iles Mr Nigel Stronach Mr Steven Dark Mr William Alner Mrs Averil Craddock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10768934 2022-12-31 10768934 2023-12-31 10768934 2023-01-01 2023-12-31 10768934 frs-core:CurrentFinancialInstruments 2023-12-31 10768934 frs-core:ComputerEquipment 2023-12-31 10768934 frs-core:ComputerEquipment 2023-01-01 2023-12-31 10768934 frs-core:ComputerEquipment 2022-12-31 10768934 frs-core:FurnitureFittings 2023-12-31 10768934 frs-core:FurnitureFittings 2023-01-01 2023-12-31 10768934 frs-core:FurnitureFittings 2022-12-31 10768934 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 10768934 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 10768934 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 10768934 frs-core:PlantMachinery 2023-12-31 10768934 frs-core:PlantMachinery 2023-01-01 2023-12-31 10768934 frs-core:PlantMachinery 2022-12-31 10768934 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10768934 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 10768934 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10768934 frs-bus:SmallEntities 2023-01-01 2023-12-31 10768934 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10768934 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10768934 frs-bus:Director1 2023-01-01 2023-12-31 10768934 frs-bus:Director2 2023-01-01 2023-12-31 10768934 frs-bus:Director3 2023-01-01 2023-12-31 10768934 frs-bus:Director4 2023-01-01 2023-12-31 10768934 frs-bus:Director5 2023-01-01 2023-12-31 10768934 frs-bus:Director6 2023-01-01 2023-12-31 10768934 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 10768934 frs-countries:EnglandWales 2023-01-01 2023-12-31 10768934 2021-12-31 10768934 2022-12-31 10768934 2022-01-01 2022-12-31 10768934 frs-core:CurrentFinancialInstruments 2022-12-31 10768934 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 10768934
THE COTSWOLD BOWLS CLUB LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10768934
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,036,857 2,043,361
2,036,857 2,043,361
CURRENT ASSETS
Stocks 5 5,400 13,031
Debtors 6 472 205
Cash at bank and in hand 155,097 163,239
160,969 176,475
Creditors: Amounts Falling Due Within One Year 7 (18,305 ) (17,265 )
NET CURRENT ASSETS (LIABILITIES) 142,664 159,210
TOTAL ASSETS LESS CURRENT LIABILITIES 2,179,521 2,202,571
NET ASSETS 2,179,521 2,202,571
Income and Expenditure Account 2,179,521 2,202,571
MEMBERS' FUNDS 2,179,521 2,202,571
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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 Income and Expenditure Account.
On behalf of the board
Mrs Sylvia Chamberlain
Director
16/04/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
THE COTSWOLD BOWLS CLUB LIMITED is a private company, limited by guarantee without share capital, incorporated in England & Wales, registered number 10768934 . The registered office is The Cotswolds Bowls Club, Golden Jubilee Way, Stroud, Gloucestershire, GL5 3HQ.
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 No depreciation
Plant & Machinery 15% Reducing balance
Fixtures & Fittings 15% Reducing balance
Computer Equipment 15% Reducing balance
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.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 2,000,000 10,433 77,965 1,573 2,089,971
As at 31 December 2023 2,000,000 10,433 77,965 1,573 2,089,971
Depreciation
As at 1 January 2023 - 2,398 43,270 942 46,610
Provided during the period - 1,205 5,204 95 6,504
As at 31 December 2023 - 3,603 48,474 1,037 53,114
Net Book Value
As at 31 December 2023 2,000,000 6,830 29,491 536 2,036,857
As at 1 January 2023 2,000,000 8,035 34,695 631 2,043,361
5. Stocks
2023 2022
£ £
Materials 5,400 13,031
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 472 205
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 2,188
Other creditors 16,876 13,935
Taxation and social security 1,429 1,142
18,305 17,265
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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