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 11117216 Geoff Huggett Richard Huggett James Huggett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11117216 2022-12-31 11117216 2023-12-31 11117216 2023-01-01 2023-12-31 11117216 frs-core:Non-currentFinancialInstruments 2023-12-31 11117216 frs-core:BetweenOneFiveYears 2023-12-31 11117216 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 11117216 frs-core:MotorVehicles 2023-01-01 2023-12-31 11117216 frs-core:PlantMachinery 2023-01-01 2023-12-31 11117216 frs-core:WithinOneYear 2023-12-31 11117216 frs-core:ShareCapital 2023-12-31 11117216 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11117216 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11117216 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 11117216 frs-bus:SmallEntities 2023-01-01 2023-12-31 11117216 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11117216 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11117216 frs-bus:Director1 2023-01-01 2023-12-31 11117216 frs-bus:Director2 2023-01-01 2023-12-31 11117216 frs-bus:Director3 2023-01-01 2023-12-31 11117216 frs-countries:EnglandWales 2023-01-01 2023-12-31 11117216 2021-12-31 11117216 2022-12-31 11117216 2022-01-01 2022-12-31 11117216 frs-core:Non-currentFinancialInstruments 2022-12-31 11117216 frs-core:BetweenOneFiveYears 2022-12-31 11117216 frs-core:WithinOneYear 2022-12-31 11117216 frs-core:ShareCapital 2022-12-31 11117216 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 11117216
Dowdeswell Forestry Limited
ABRIDGED Financial Statements
For The Year Ended 31 December 2023
SkyBridge Accounting Limited
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 11117216
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 793,177 607,281
793,177 607,281
CURRENT ASSETS
Stocks 113,290 125,045
Debtors 132,106 65,319
Cash at bank and in hand 50,270 117,691
295,666 308,055
Creditors: Amounts Falling Due Within One Year (201,160 ) (275,654 )
NET CURRENT ASSETS (LIABILITIES) 94,506 32,401
TOTAL ASSETS LESS CURRENT LIABILITIES 887,683 639,682
Creditors: Amounts Falling Due After More Than One Year (205,872 ) (197,026 )
NET ASSETS 681,811 442,656
CAPITAL AND RESERVES
Called up share capital 6 4 4
Profit and Loss Account 681,807 442,652
SHAREHOLDERS' FUNDS 681,811 442,656
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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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Geoff Huggett
Director
11 June 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Dowdeswell Forestry Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11117216 . The registered office is Keepers Cottage, Dowdeswell, Cheltenham, GL54 4LX.
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:
Freehold No depreciation
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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: 19 (2022: 16)
19 16
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4. Tangible Assets
Total
£
Cost
As at 1 January 2023 896,073
Additions 327,566
As at 31 December 2023 1,223,639
Depreciation
As at 1 January 2023 288,792
Provided during the period 141,670
As at 31 December 2023 430,462
Net Book Value
As at 31 December 2023 793,177
As at 1 January 2023 607,281
5. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 114,600 119,982
Later than one year and not later than five years 191,706 172,859
306,306 292,841
306,306 292,841
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 4 4
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