Acorah Software Products - Accounts Production 15.0.600 false true false 1 April 2023 31 March 2024 31 March 2024 11751750 Mrs Natasha Gorst iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11751750 2023-03-31 11751750 2024-03-31 11751750 2023-04-01 2024-03-31 11751750 frs-core:CurrentFinancialInstruments 2024-03-31 11751750 frs-core:Non-currentFinancialInstruments 2024-03-31 11751750 frs-core:ComputerEquipment 2024-03-31 11751750 frs-core:ComputerEquipment 2023-04-01 2024-03-31 11751750 frs-core:ComputerEquipment 2023-03-31 11751750 frs-core:FurnitureFittings 2024-03-31 11751750 frs-core:FurnitureFittings 2023-04-01 2024-03-31 11751750 frs-core:FurnitureFittings 2023-03-31 11751750 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 11751750 frs-core:PlantMachinery 2024-03-31 11751750 frs-core:PlantMachinery 2023-04-01 2024-03-31 11751750 frs-core:PlantMachinery 2023-03-31 11751750 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11751750 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 11751750 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11751750 frs-bus:SmallEntities 2023-04-01 2024-03-31 11751750 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11751750 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11751750 frs-bus:Director1 2023-04-01 2024-03-31 11751750 frs-countries:EnglandWales 2023-04-01 2024-03-31
Registered number: 11751750
WE ARE GATHER LTD
Unaudited Financial Statements
For The Year Ended 31 March 2024
Social Enterprise Coalition CIC
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11751750
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,095
1,095
CURRENT ASSETS
Stocks 5 11,738
Cash at bank and in hand 7,453
19,191
Creditors: Amounts Falling Due Within One Year 6 (22,861 )
NET CURRENT ASSETS (LIABILITIES) (3,670 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,575 )
Creditors: Amounts Falling Due After More Than One Year 7 (60,478 )
NET LIABILITIES (63,053 )
Income and Expenditure Account (63,053 )
MEMBERS' FUNDS (63,053)
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For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Mrs Natasha Gorst
Director
08/08/2024
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
WE ARE GATHER LTD is a private company, limited by guarantee, incorporated in England & Wales, registered number 11751750 . The registered office is 121 Bellenden Road, London, SE15 4QY.
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 0
Plant & Machinery 3 Year
Fixtures & Fittings 3 Years
Computer Equipment 3 Years
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:06 6
6
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 2,400 7,649 1,031 11,080
As at 31 March 2024 2,400 7,649 1,031 11,080
Depreciation
As at 1 April 2023 1,000 3,264 687 4,951
Provided during the period 1,120 3,570 344 5,034
As at 31 March 2024 2,120 6,834 1,031 9,985
...CONTINUED
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Net Book Value
As at 31 March 2024 280 815 - 1,095
As at 1 April 2023 1,400 4,385 344 6,129
5. Stocks
2024
£
Stock 11,738
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 6,193
Other creditors 14,683
Taxation and social security 1,985
22,861
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Other creditors 60,478
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.
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