Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11133573 Mr Alan Dutton Rev Kathryn Stephens Mrs Karen Dutton Mr Martin Chadwick Mrs Robyn Owen Rev Shelley Penduck Mrs Robyn Owen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11133573 2022-12-31 11133573 2023-12-31 11133573 2023-01-01 2023-12-31 11133573 frs-core:CurrentFinancialInstruments 2023-12-31 11133573 frs-core:Non-currentFinancialInstruments 2023-12-31 11133573 frs-core:ComputerEquipment 2023-12-31 11133573 frs-core:ComputerEquipment 2023-01-01 2023-12-31 11133573 frs-core:ComputerEquipment 2022-12-31 11133573 frs-core:FurnitureFittings 2023-12-31 11133573 frs-core:FurnitureFittings 2023-01-01 2023-12-31 11133573 frs-core:FurnitureFittings 2022-12-31 11133573 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11133573 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 11133573 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11133573 frs-bus:SmallEntities 2023-01-01 2023-12-31 11133573 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11133573 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11133573 frs-bus:Director1 2023-01-01 2023-12-31 11133573 frs-bus:Director2 2023-01-01 2023-12-31 11133573 frs-bus:Director3 2023-01-01 2023-12-31 11133573 frs-bus:Director4 2023-01-01 2023-12-31 11133573 frs-bus:Director5 2023-01-01 2023-12-31 11133573 frs-bus:Director6 2023-01-01 2023-12-31 11133573 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 11133573 frs-countries:EnglandWales 2023-01-01 2023-12-31 11133573 2021-12-31 11133573 2022-12-31 11133573 2022-01-01 2022-12-31 11133573 frs-core:CurrentFinancialInstruments 2022-12-31 11133573 frs-core:Non-currentFinancialInstruments 2022-12-31 11133573 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 11133573
Middleport Matters Community Trust
Unaudited Financial Statements
For The Year Ended 31 December 2023
Kelly Molyneux & co Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11133573
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,203 14,951
13,203 14,951
CURRENT ASSETS
Debtors 5 26,473 1,520
Cash at bank and in hand 72,053 124,032
98,526 125,552
Creditors: Amounts Falling Due Within One Year 6 (3,590 ) (5,046 )
NET CURRENT ASSETS (LIABILITIES) 94,936 120,506
TOTAL ASSETS LESS CURRENT LIABILITIES 108,139 135,457
Creditors: Amounts Falling Due After More Than One Year 7 (84,160 ) (95,559 )
NET ASSETS 23,979 39,898
Income and Expenditure Account 23,979 39,898
MEMBERS' FUNDS 23,979 39,898
Page 1
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 Income and Expenditure Account.
On behalf of the board
Mr Martin Chadwick
Director
30/04/2024
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
Middleport Matters Community Trust is a private company, limited by guarantee, incorporated in England & Wales, registered number 11133573 . The registered office is 177-179 Newcastle Street, Stoke-On-Trent, ST6 3QJ.
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:
Fixtures & Fittings 20% on reducing balance
Computer Equipment Straight line over 3 years
2.4. Government Grant
Government grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned.
All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2022: 10)
10 10
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 18,754 11,315 30,069
Additions - 2,613 2,613
As at 31 December 2023 18,754 13,928 32,682
Depreciation
As at 1 January 2023 7,146 7,972 15,118
Provided during the period 2,293 2,068 4,361
As at 31 December 2023 9,439 10,040 19,479
Net Book Value
As at 31 December 2023 9,315 3,888 13,203
As at 1 January 2023 11,608 3,343 14,951
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 24,973 1,520
Other debtors 1,500 -
26,473 1,520
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 40 -
Other creditors 982 828
Taxation and social security 2,568 4,218
3,590 5,046
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Deferred government grants 84,160 95,559
84,160 95,559
Page 4
Page 5
8. 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 5