Acorah Software Products - Accounts Production 14.6.300 false true true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 09500885 Ms Nicolette Burge Miss Helen Spriggs Mrs A Burge false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09500885 2023-02-28 09500885 2024-02-29 09500885 2023-03-01 2024-02-29 09500885 frs-core:CurrentFinancialInstruments 2024-02-29 09500885 frs-core:Non-currentFinancialInstruments 2024-02-29 09500885 frs-core:ComputerEquipment 2024-02-29 09500885 frs-core:ComputerEquipment 2023-03-01 2024-02-29 09500885 frs-core:ComputerEquipment 2023-02-28 09500885 frs-core:FurnitureFittings 2024-02-29 09500885 frs-core:FurnitureFittings 2023-03-01 2024-02-29 09500885 frs-core:FurnitureFittings 2023-02-28 09500885 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 09500885 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 09500885 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 09500885 frs-core:MotorVehicles 2024-02-29 09500885 frs-core:MotorVehicles 2023-03-01 2024-02-29 09500885 frs-core:MotorVehicles 2023-02-28 09500885 frs-core:PlantMachinery 2024-02-29 09500885 frs-core:PlantMachinery 2023-03-01 2024-02-29 09500885 frs-core:PlantMachinery 2023-02-28 09500885 frs-core:ShareCapital 2024-02-29 09500885 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 09500885 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 09500885 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 09500885 frs-bus:SmallEntities 2023-03-01 2024-02-29 09500885 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 09500885 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 09500885 1 2023-03-01 2024-02-29 09500885 frs-bus:Director1 2023-03-01 2024-02-29 09500885 frs-bus:Director1 2023-02-28 09500885 frs-bus:Director1 2024-02-29 09500885 frs-bus:Director2 2023-03-01 2024-02-29 09500885 frs-bus:Director2 2023-02-28 09500885 frs-bus:Director2 2024-02-29 09500885 frs-countries:EnglandWales 2023-03-01 2024-02-29 09500885 2022-02-28 09500885 2023-02-28 09500885 2022-03-01 2023-02-28 09500885 frs-core:CurrentFinancialInstruments 2023-02-28 09500885 frs-core:Non-currentFinancialInstruments 2023-02-28 09500885 frs-core:ShareCapital 2023-02-28 09500885 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 09500885
Stone Lodge Pets Hotel Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Brisan Accountancy Ltd
Canada House, First Floor, 20/20 Business Park
Maidstone
Kent
ME16 0LS
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09500885
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 131,444 127,471
131,444 127,471
CURRENT ASSETS
Cash at bank and in hand 119,782 108,764
119,782 108,764
Creditors: Amounts Falling Due Within One Year 5 (19,389 ) (26,814 )
NET CURRENT ASSETS (LIABILITIES) 100,393 81,950
TOTAL ASSETS LESS CURRENT LIABILITIES 231,837 209,421
Creditors: Amounts Falling Due After More Than One Year 6 - (11,250 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (944 ) -
NET ASSETS 230,893 198,171
CAPITAL AND RESERVES
Called up share capital 8 102 102
Profit and Loss Account 230,791 198,069
SHAREHOLDERS' FUNDS 230,893 198,171
Page 1
Page 2
For the year ending 29 February 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 Profit and Loss Account.
On behalf of the board
Ms Nicolette Burge
Director
Miss Helen Spriggs
Director
25 July 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
Stone Lodge Pets Hotel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09500885 . The registered office is Stone Lodge Farm Jacques Bank, Near Thorne, Doncaster, South Yorkshire, DN8 5SW.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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. 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:
Freehold Not provided
Plant & Machinery 25% on cost
Motor Vehicles 25% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 25% on cost
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 8)
10 8
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 March 2023 125,000 3,889 12,964 85,368
Additions - 1,504 - 3,850
As at 29 February 2024 125,000 5,393 12,964 89,218
Depreciation
As at 1 March 2023 - 3,232 12,964 84,101
Provided during the period - 492 - 701
As at 29 February 2024 - 3,724 12,964 84,802
Net Book Value
As at 29 February 2024 125,000 1,669 - 4,416
As at 1 March 2023 125,000 657 - 1,267
Computer Equipment Total
£ £
Cost
As at 1 March 2023 750 227,971
Additions - 5,354
As at 29 February 2024 750 233,325
Depreciation
As at 1 March 2023 203 100,500
Provided during the period 188 1,381
As at 29 February 2024 391 101,881
Net Book Value
As at 29 February 2024 359 131,444
As at 1 March 2023 547 127,471
Page 4
Page 5
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts - 5,000
Corporation tax 8,229 8,937
Other taxes and social security 1,063 436
VAT 3,644 3,938
Other creditors 1,478 2,227
Accruals and deferred income - 548
Directors' loan accounts 4,975 5,728
19,389 26,814
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 11,250
- 11,250
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 944 -
9. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
As at 1 March 2023 Amounts advanced Amounts repaid Amounts written off As at 29 February 2024
£ £ £ £ £
Ms Nicolette Burge 2,864 2,864 2,488 - 2,488
Miss Helen Spriggs 2,864 2,864 2,487 - 2,487
The above loan is unsecured, interest free, repayable on demand and ranks equally with other unsecured creditors of the company.
10. Controlling Party
The company's controlling party is Mrs A Burge by virtue of her ownership of 90% of the issued share capital in the company.
Page 5