Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11098751 A F Bolton V Ferrett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11098751 2023-03-31 11098751 2024-03-31 11098751 2023-04-01 2024-03-31 11098751 frs-core:CurrentFinancialInstruments 2024-03-31 11098751 frs-core:Non-currentFinancialInstruments 2024-03-31 11098751 frs-core:FurnitureFittings 2024-03-31 11098751 frs-core:FurnitureFittings 2023-04-01 2024-03-31 11098751 frs-core:FurnitureFittings 2023-03-31 11098751 frs-core:ShareCapital 2024-03-31 11098751 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11098751 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11098751 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11098751 frs-bus:SmallEntities 2023-04-01 2024-03-31 11098751 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11098751 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11098751 frs-bus:Director1 2023-04-01 2024-03-31 11098751 frs-bus:Director2 2023-04-01 2024-03-31 11098751 frs-core:CurrentFinancialInstruments 1 2024-03-31 11098751 frs-countries:EnglandWales 2023-04-01 2024-03-31 11098751 2022-03-31 11098751 2023-03-31 11098751 2022-04-01 2023-03-31 11098751 frs-core:CurrentFinancialInstruments 2023-03-31 11098751 frs-core:Non-currentFinancialInstruments 2023-03-31 11098751 frs-core:ShareCapital 2023-03-31 11098751 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 11098751 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 11098751
Riverside Cottage Camping Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11098751
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 900 1,000
900 1,000
CURRENT ASSETS
Debtors 5 23,500 13,000
Cash at bank and in hand 18,414 24,057
41,914 37,057
Creditors: Amounts Falling Due Within One Year 6 (5,620 ) (5,408 )
NET CURRENT ASSETS (LIABILITIES) 36,294 31,649
TOTAL ASSETS LESS CURRENT LIABILITIES 37,194 32,649
Creditors: Amounts Falling Due After More Than One Year 7 (3,033 ) (5,633 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (175 ) (200 )
NET ASSETS 33,986 26,816
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 33,886 26,716
SHAREHOLDERS' FUNDS 33,986 26,816
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For the year ending 31 March 2024 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
V Ferrett
Director
31 May 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Riverside Cottage Camping Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11098751 . The registered office is Riverside Cottage Station Road, Northiam, Rye, TN31 6FE.
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.
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:
Equipment, fixtures & fittings 10% on cost
2.4. 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 years 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 assets reflect 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: 2 (2023: 2)
2 2
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4. Tangible Assets
Equipment, fixtures & fittings
£
Cost
As at 1 April 2023 1,223
As at 31 March 2024 1,223
Depreciation
As at 1 April 2023 223
Provided during the period 100
As at 31 March 2024 323
Net Book Value
As at 31 March 2024 900
As at 1 April 2023 1,000
5. Debtors
2024 2023
£ £
Due within one year
Intercompany current account 23,500 13,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 2,600 2,600
Corporation tax 2,990 2,628
Directors' loan accounts 30 180
5,620 5,408
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,033 5,633
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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9. Related Party Transactions
The company is under the control of A F Bolton and V Ferrett, the directors. At the year end the directors are owed £30 by the company (2023: £180).
Rent is also payable to the directors in an amount of £42,000 (2023: £42,000).
A management charge was received from an associated company for £16,000 (2023: £0) during the year, relating to services provided at normal commercial rates.
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