Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 09195960 Mrs Angela Heron Mr Phillip Heron iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09195960 2022-08-31 09195960 2023-08-31 09195960 2022-09-01 2023-08-31 09195960 frs-core:Non-currentFinancialInstruments 2023-08-31 09195960 frs-core:FurnitureFittings 2023-08-31 09195960 frs-core:FurnitureFittings 2022-09-01 2023-08-31 09195960 frs-core:FurnitureFittings 2022-08-31 09195960 frs-core:MotorVehicles 2023-08-31 09195960 frs-core:MotorVehicles 2022-09-01 2023-08-31 09195960 frs-core:MotorVehicles 2022-08-31 09195960 frs-core:PlantMachinery 2023-08-31 09195960 frs-core:PlantMachinery 2022-09-01 2023-08-31 09195960 frs-core:PlantMachinery 2022-08-31 09195960 frs-core:ShareCapital 2023-08-31 09195960 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 09195960 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 09195960 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 09195960 frs-bus:SmallEntities 2022-09-01 2023-08-31 09195960 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 09195960 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 09195960 frs-bus:Director1 2022-09-01 2023-08-31 09195960 frs-bus:Director2 2022-09-01 2023-08-31 09195960 frs-countries:EnglandWales 2022-09-01 2023-08-31 09195960 2021-08-31 09195960 2022-08-31 09195960 2021-09-01 2022-08-31 09195960 frs-core:Non-currentFinancialInstruments 2022-08-31 09195960 frs-core:ShareCapital 2022-08-31 09195960 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31
Registered number: 09195960
Heron Inns Limited
Unaudited Financial Statements
For The Year Ended 31 August 2023
Kate Bennett Accountancy Services
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 09195960
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,473 21,966
16,473 21,966
CURRENT ASSETS
Stocks 5,000 5,000
Debtors 11,434 30,000
Cash at bank and in hand 1,787 7,946
18,221 42,946
Creditors: Amounts Falling Due Within One Year (129,458 ) (121,879 )
NET CURRENT ASSETS (LIABILITIES) (111,237 ) (78,933 )
TOTAL ASSETS LESS CURRENT LIABILITIES (94,764 ) (56,967 )
Creditors: Amounts Falling Due After More Than One Year (31,945 ) (37,500 )
NET LIABILITIES (126,709 ) (94,467 )
CAPITAL AND RESERVES
Called up share capital 5 2 2
Income Statement (126,711 ) (94,469 )
SHAREHOLDERS' FUNDS (126,709) (94,467)
Page 1
Page 2
For the year ending 31 August 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 Statement.
On behalf of the board
Mrs Angela Heron
Director
15/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Heron Inns Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09195960 . The registered office is The Boars Head Church Street, Hampton Lucy, Warwick, Warwickshire, CV35 8BE.
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:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
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: 10 (2022: 10)
10 10
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 September 2022 33,270 17,080 34,222 84,572
As at 31 August 2023 33,270 17,080 34,222 84,572
Depreciation
As at 1 September 2022 16,993 17,080 28,533 62,606
Provided during the period 4,070 - 1,423 5,493
As at 31 August 2023 21,063 17,080 29,956 68,099
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 August 2023 12,207 - 4,266 16,473
As at 1 September 2022 16,277 - 5,689 21,966
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
Page 4