Acorah Software Products - Accounts Production 14.5.601 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 09838774 Mr Malcolm Bardsley Mr Christopher Cannon Mrs Susan Hayward Mr Nicholas Martin Ms Helen Cromarty Mr David Long Mr Nicholas Martin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09838774 2022-10-31 09838774 2023-10-31 09838774 2022-11-01 2023-10-31 09838774 frs-core:CurrentFinancialInstruments 2023-10-31 09838774 frs-core:PlantMachinery 2023-10-31 09838774 frs-core:PlantMachinery 2022-10-31 09838774 frs-core:OtherReservesSubtotal 2023-10-31 09838774 frs-core:RevaluationReserve 2022-10-31 09838774 frs-core:RevaluationReserve 2023-10-31 09838774 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 09838774 frs-bus:CompanyLimitedByGuarantee 2022-11-01 2023-10-31 09838774 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 09838774 frs-bus:SmallEntities 2022-11-01 2023-10-31 09838774 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 09838774 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 09838774 frs-bus:Director1 2022-11-01 2023-10-31 09838774 frs-bus:Director2 2022-11-01 2023-10-31 09838774 frs-bus:Director3 2022-11-01 2023-10-31 09838774 frs-bus:Director4 2022-11-01 2023-10-31 09838774 frs-bus:Director5 2022-11-01 2023-10-31 09838774 frs-bus:Director6 2022-11-01 2023-10-31 09838774 frs-bus:CompanySecretary1 2022-11-01 2023-10-31 09838774 frs-countries:EnglandWales 2022-11-01 2023-10-31 09838774 2021-10-31 09838774 2022-10-31 09838774 2021-11-01 2022-10-31 09838774 frs-core:CurrentFinancialInstruments 2022-10-31 09838774 frs-core:OtherReservesSubtotal 2022-10-31 09838774 frs-core:RevaluationReserve 2022-10-31 09838774 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 09838774
Wenlock Olympian Society Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Phillips Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09838774
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 115,000 115,000
115,000 115,000
CURRENT ASSETS
Debtors 5 2,000 2,000
Cash at bank and in hand 15,124 13,968
17,124 15,968
NET CURRENT ASSETS (LIABILITIES) 17,124 15,968
TOTAL ASSETS LESS CURRENT LIABILITIES 132,124 130,968
NET ASSETS 132,124 130,968
RESERVES
Revaluation reserve 6 115,000 115,000
Other reserves 13,066 13,066
Income and Expenditure Account 4,058 2,902
MEMBERS' FUNDS 132,124 130,968
Page 1
Page 2
For the year ending 31 October 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
Ms Helen Cromarty
Director
18/04/2024
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
Wenlock Olympian Society Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 09838774 . The registered office is The Corn Exchange, 62 High Street, Much Wenlock, Shropshire, TF13 6AE.
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:
The Society's Archives are included in the accounts at a valuation by the directors.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Archives
£
Cost
As at 1 November 2022 115,000
As at 31 October 2023 115,000
Net Book Value
As at 31 October 2023 115,000
As at 1 November 2022 115,000
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 2,000 2,000
2,000 2,000
6. Reserves
Revaluation Reserve
£
As at 1 November 2022 115,000
As at 31 October 2023 115,000
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 4