Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 12576689 Mr Andrew Wilkinson Mr Stephen Caunce Mr Daniel Dudley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12576689 2022-12-31 12576689 2023-12-31 12576689 2023-01-01 2023-12-31 12576689 frs-core:CurrentFinancialInstruments 2023-12-31 12576689 frs-core:ComputerEquipment 2023-12-31 12576689 frs-core:ComputerEquipment 2023-01-01 2023-12-31 12576689 frs-core:ComputerEquipment 2022-12-31 12576689 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 12576689 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 12576689 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 12576689 frs-core:MotorVehicles 2023-12-31 12576689 frs-core:MotorVehicles 2023-01-01 2023-12-31 12576689 frs-core:MotorVehicles 2022-12-31 12576689 frs-core:PlantMachinery 2023-12-31 12576689 frs-core:PlantMachinery 2023-01-01 2023-12-31 12576689 frs-core:PlantMachinery 2022-12-31 12576689 frs-core:ShareCapital 2023-12-31 12576689 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12576689 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12576689 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12576689 frs-bus:SmallEntities 2023-01-01 2023-12-31 12576689 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12576689 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12576689 frs-bus:Director1 2023-01-01 2023-12-31 12576689 frs-bus:Director2 2023-01-01 2023-12-31 12576689 frs-bus:Director3 2023-01-01 2023-12-31 12576689 frs-countries:EnglandWales 2023-01-01 2023-12-31 12576689 2021-12-31 12576689 2022-12-31 12576689 2022-01-01 2022-12-31 12576689 frs-core:CurrentFinancialInstruments 2022-12-31 12576689 frs-core:ShareCapital 2022-12-31 12576689 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 12576689
Croston Hall Farm Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Fairmans Accountants
61 Stanifield Lane
Farington
Leyland
PR25 4UD
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12576689
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 580,643 572,767
580,643 572,767
CURRENT ASSETS
Stocks 5 255,465 213,369
Debtors 6 18,468 47,273
Cash at bank and in hand 33,506 11,623
307,439 272,265
Creditors: Amounts Falling Due Within One Year 7 (1,357,464 ) (1,207,753 )
NET CURRENT ASSETS (LIABILITIES) (1,050,025 ) (935,488 )
TOTAL ASSETS LESS CURRENT LIABILITIES (469,382 ) (362,721 )
NET LIABILITIES (469,382 ) (362,721 )
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account (469,392 ) (362,731 )
SHAREHOLDERS' FUNDS (469,382) (362,721)
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Page 2
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 Profit and Loss Account.
On behalf of the board
Mr Andrew Wilkinson
Director
01/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Croston Hall Farm Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12576689 . The registered office is Croston Hall Farm, The Hillocks, Croston, PR26 9RE.
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:
Leasehold 20% S/L
Plant & Machinery 20% S/L and 33% S/L for rams and ewes
Motor Vehicles 20% S/L
Computer Equipment 33% S/L
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 235,056 540,008 27,500 763 803,327
Additions 55,679 124,057 - - 179,736
Disposals - (54,470 ) - - (54,470 )
As at 31 December 2023 290,735 609,595 27,500 763 928,593
Depreciation
As at 1 January 2023 81,059 138,026 11,083 392 230,560
Provided during the period 43,362 88,149 5,500 227 137,238
Disposals - (19,848 ) - - (19,848 )
As at 31 December 2023 124,421 206,327 16,583 619 347,950
Net Book Value
As at 31 December 2023 166,314 403,268 10,917 144 580,643
As at 1 January 2023 153,997 401,982 16,417 371 572,767
5. Stocks
2023 2022
£ £
Stock 255,465 213,369
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 4,632 32,660
Prepayments and accrued income 5,224 3,879
VAT 8,612 10,734
18,468 47,273
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 58,090 70,062
Other taxes and social security 1,014 840
Other creditors 240 74
Accruals and deferred income 20,525 10,262
Directors' loan accounts 1,277,595 1,126,515
1,357,464 1,207,753
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 10 10
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