Acorah Software Products - Accounts Production 15.0.310 false true 31 March 2023 1 January 2022 false 1 April 2023 31 March 2024 31 March 2024 05819791 Mr Graham Beeson Mr Joseph Kewley Mr John O'Gorman Mr Raymond Virr Mrs Jayne Ellery Mr Graham Beeson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05819791 2023-03-31 05819791 2024-03-31 05819791 2023-04-01 2024-03-31 05819791 frs-core:Non-currentFinancialInstruments 2024-03-31 05819791 frs-core:ComputerEquipment 2023-04-01 2024-03-31 05819791 frs-core:FurnitureFittings 2023-04-01 2024-03-31 05819791 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 05819791 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05819791 frs-core:MotorVehicles 2023-04-01 2024-03-31 05819791 frs-core:PlantMachinery 2023-04-01 2024-03-31 05819791 frs-core:OtherReservesSubtotal 2024-03-31 05819791 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05819791 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 05819791 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 05819791 frs-bus:SmallEntities 2023-04-01 2024-03-31 05819791 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05819791 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05819791 frs-core:CostValuation 2023-03-31 05819791 frs-core:CostValuation 2024-03-31 05819791 frs-bus:Director1 2023-04-01 2024-03-31 05819791 frs-bus:Director2 2023-04-01 2024-03-31 05819791 frs-bus:Director3 2023-04-01 2024-03-31 05819791 frs-bus:Director4 2023-04-01 2024-03-31 05819791 frs-bus:Director5 2023-04-01 2024-03-31 05819791 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 05819791 frs-countries:EnglandWales 2023-04-01 2024-03-31 05819791 2021-12-31 05819791 2023-03-31 05819791 2022-01-01 2023-03-31 05819791 frs-core:Non-currentFinancialInstruments 2023-03-31 05819791 frs-core:OtherReservesSubtotal 2023-03-31 05819791 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05819791
Budleigh Salterton Croquet Club Limited
ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 05819791
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 387,291 403,332
Investments 5 38,728 38,728
426,019 442,060
CURRENT ASSETS
Stocks 7,183 3,923
Debtors 45,684 32,843
Cash at bank and in hand 98,085 34,191
150,952 70,957
Creditors: Amounts Falling Due Within One Year (66,886 ) (36,680 )
NET CURRENT ASSETS (LIABILITIES) 84,066 34,277
TOTAL ASSETS LESS CURRENT LIABILITIES 510,085 476,337
Creditors: Amounts Falling Due After More Than One Year - (752 )
NET ASSETS 510,085 475,585
RESERVES
Other reserves 1,615 1,504
Income and Expenditure Account 508,470 474,081
MEMBERS' FUNDS 510,085 475,585
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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 Income and Expenditure Account.
All of the company's members have consented to the preparation of an Abridged Income and Expenditure Account and an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr John O'Gorman
Director
26/06/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Abridged Financial Statements
1. General Information
Budleigh Salterton Croquet Club Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 05819791 . The registered office is Westfield Close, Budleigh Salterton, Devon, EX9 6ST.
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
The Freehold Land and the Clubhouse are not depreciated. Although the Clubhouse Building would normally attract a depreciation charge,  its cost cannot be separated from the cost of the freehold land.  A disposal of the freehold land is not anticipated and,  In the opinion of the directors,  there is no benefit to obtaining a valuation of the Freehold Land and Clubhouse.
Freehold No Depreciation
Leasehold 2% on Cost per annum
Plant & Machinery In seven equal Instalments
Motor Vehicles 2% on Cost per annum
Fixtures & Fittings 15% of written down value
Computer Equipment See Notes above
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. Taxation
Budleigh Salterton Croquet Club Ltd is registered as a Community Amateur Sports Club (CASC). Consequently, it does not need to be registered for VAT and receives relief on business rates, is exempt from Corporation Tax and benefits from Gift Aid status.
The Directors are satisfied that the Club fulfilled all the statutpry requirements to retain its CASC registration throughout the period of these accounts. It will also meet the necessary qualifications to remain a CASC for the foreseeable future.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Total
£
Cost
As at 1 April 2023 563,970
As at 31 March 2024 563,970
Depreciation
As at 1 April 2023 160,638
Provided during the period 16,041
As at 31 March 2024 176,679
Net Book Value
As at 31 March 2024 387,291
As at 1 April 2023 403,332
5. Investments
Total
£
Cost
As at 1 April 2023 38,728
As at 31 March 2024 38,728
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 38,728
As at 1 April 2023 38,728
6. 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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