Acorah Software Products - Accounts Production 15.0.500 false true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 09288322 Mr Gary Chamberlain Mr Allan O'Brien Mr Anthony Chamberlain iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09288322 2022-10-31 09288322 2023-10-31 09288322 2022-11-01 2023-10-31 09288322 frs-core:CurrentFinancialInstruments 2023-10-31 09288322 frs-core:Non-currentFinancialInstruments 2023-10-31 09288322 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-11-01 2023-10-31 09288322 frs-core:FurnitureFittings 2023-10-31 09288322 frs-core:FurnitureFittings 2022-11-01 2023-10-31 09288322 frs-core:FurnitureFittings 2022-10-31 09288322 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-31 09288322 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-11-01 2023-10-31 09288322 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-10-31 09288322 frs-core:OtherResidualIntangibleAssets 2023-10-31 09288322 frs-core:OtherResidualIntangibleAssets 2022-11-01 2023-10-31 09288322 frs-core:OtherResidualIntangibleAssets 2022-10-31 09288322 frs-core:ShareCapital 2023-10-31 09288322 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 09288322 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09288322 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 09288322 frs-bus:SmallEntities 2022-11-01 2023-10-31 09288322 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 09288322 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 09288322 frs-bus:Director1 2022-11-01 2023-10-31 09288322 frs-bus:Director2 2022-11-01 2023-10-31 09288322 frs-bus:Director3 2022-11-01 2023-10-31 09288322 frs-core:CurrentFinancialInstruments 1 2023-10-31 09288322 frs-countries:EnglandWales 2022-11-01 2023-10-31 09288322 2021-10-31 09288322 2022-10-31 09288322 2021-11-01 2022-10-31 09288322 frs-core:CurrentFinancialInstruments 2022-10-31 09288322 frs-core:Non-currentFinancialInstruments 2022-10-31 09288322 frs-core:ShareCapital 2022-10-31 09288322 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 09288322 frs-core:CurrentFinancialInstruments 1 2022-10-31
Registered number: 09288322
Go Leisure Colchester Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Ellis Hicks & Co
85 Danbury Crescent
South Ockendon
Essex
RM15 5BX
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09288322
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 7,800 11,700
Tangible Assets 5 17,066 13,936
24,866 25,636
CURRENT ASSETS
Debtors 6 35,366 43,325
Cash at bank and in hand 7,863 88,258
43,229 131,583
Creditors: Amounts Falling Due Within One Year 7 (68,189 ) (136,196 )
NET CURRENT ASSETS (LIABILITIES) (24,960 ) (4,613 )
TOTAL ASSETS LESS CURRENT LIABILITIES (94 ) 21,023
Creditors: Amounts Falling Due After More Than One Year 8 (15,717 ) (25,765 )
NET LIABILITIES (15,811 ) (4,742 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (15,911 ) (4,842 )
SHAREHOLDERS' FUNDS (15,811) (4,742)
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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 Profit and Loss Account.
On behalf of the board
Mr Gary Chamberlain
Director
22/07/2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Go Leisure Colchester Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09288322 . The registered office is Oyster Court, 1 & 2 St Helens Lane, Colchester, CO1 1TY.
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. Going Concern Disclosure
As at 31st October 2023, the balance sheet at the end of the year recorded net liabilties, the directors believe sufficient financial resources are available to the company to enable it to continue trading into the forseeable future. Therefore, the financial statements have been prepared on a going concern basis.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are franchise fees paid, it is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. 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:
Leasehold 10 Years Striaght line
Fixtures & Fittings 15% Reducing balance
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 2 2
Sales, marketing and distribution 17 20
19 22
4. Intangible Assets
Other
£
Cost
As at 1 November 2022 39,000
As at 31 October 2023 39,000
Amortisation
As at 1 November 2022 27,300
Provided during the period 3,900
As at 31 October 2023 31,200
Net Book Value
As at 31 October 2023 7,800
As at 1 November 2022 11,700
5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2022 36,746 15,840 52,586
Additions - 8,000 8,000
As at 31 October 2023 36,746 23,840 60,586
...CONTINUED
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Depreciation
As at 1 November 2022 24,924 13,726 38,650
Provided during the period 3,675 1,195 4,870
As at 31 October 2023 28,599 14,921 43,520
Net Book Value
As at 31 October 2023 8,147 8,919 17,066
As at 1 November 2022 11,822 2,114 13,936
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 3,726 11,709
Prepayments and accrued income 13,640 13,616
17,366 25,325
Due after more than one year
Rent Deosit 18,000 18,000
18,000 18,000
35,366 43,325
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 10,000 10,000
Corporation tax - 14,449
Other taxes and social security 2,765 3,242
Net wages - 405
Other creditors 23,948 51,230
Other creditors (1) 2,704 4,800
Accruals and deferred income 5,390 4,530
Directors' loan accounts 5,150 22,307
Amounts owed to other participating interests 18,232 25,233
68,189 136,196
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 15,717 25,765
15,717 25,765
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9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Mr A Chamberlain was owed £5,150 at the balance sheet date (2022 - £22,307) and is included in creditors.
The above loan is unsecured, interest free and repayable on demand.
11. Related Party Transactions
At the balance sheet date the company owed £18,233 (2022 - £25,233) to Go Leisure Limited.  
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