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 04468396 Mr Peter Brooks Ms Mary McBryde iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04468396 2022-12-31 04468396 2023-12-31 04468396 2023-01-01 2023-12-31 04468396 frs-core:CurrentFinancialInstruments 2023-12-31 04468396 frs-core:ComputerEquipment 2023-12-31 04468396 frs-core:ComputerEquipment 2023-01-01 2023-12-31 04468396 frs-core:ComputerEquipment 2022-12-31 04468396 frs-core:FurnitureFittings 2023-12-31 04468396 frs-core:FurnitureFittings 2023-01-01 2023-12-31 04468396 frs-core:FurnitureFittings 2022-12-31 04468396 frs-core:MotorVehicles 2023-12-31 04468396 frs-core:MotorVehicles 2023-01-01 2023-12-31 04468396 frs-core:MotorVehicles 2022-12-31 04468396 frs-core:PlantMachinery 2023-12-31 04468396 frs-core:PlantMachinery 2023-01-01 2023-12-31 04468396 frs-core:PlantMachinery 2022-12-31 04468396 frs-core:OtherReservesSubtotal 2023-12-31 04468396 frs-core:RevaluationReserve 2023-01-01 2023-12-31 04468396 frs-core:RevaluationReserve 2023-12-31 04468396 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04468396 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 04468396 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04468396 frs-bus:SmallEntities 2023-01-01 2023-12-31 04468396 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04468396 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04468396 frs-bus:Director1 2023-01-01 2023-12-31 04468396 frs-bus:Director2 2023-01-01 2023-12-31 04468396 frs-countries:EnglandWales 2023-01-01 2023-12-31 04468396 2021-12-31 04468396 2022-12-31 04468396 2022-01-01 2022-12-31 04468396 frs-core:CurrentFinancialInstruments 2022-12-31 04468396 frs-core:OtherReservesSubtotal 2022-12-31 04468396 frs-core:RevaluationReserve 2022-12-31 04468396 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 04468396
The British Association For The Purebred Spanish Horse Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Arcadia Accountancy Limited
C/O Arcadia Accountancy Ltd
1 Manship Green
Shepton Mallet
Somerset
BA4 5RL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04468396
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,100 1,634
2,100 1,634
CURRENT ASSETS
Stocks 5 1,380 1,533
Debtors 6 619 1,958
Cash at bank and in hand 11,261 6,146
13,260 9,637
Creditors: Amounts Falling Due Within One Year 7 (5,312 ) (2,386 )
NET CURRENT ASSETS (LIABILITIES) 7,948 7,251
TOTAL ASSETS LESS CURRENT LIABILITIES 10,048 8,885
NET ASSETS 10,048 8,885
RESERVES
Revaluation reserve 8 500 -
Other reserves 19,638 19,638
Income and Expenditure Account (10,090 ) (10,753 )
MEMBERS' FUNDS 10,048 8,885
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
Ms Mary McBryde
Director
05/08/2024
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
The British Association For The Purebred Spanish Horse Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 04468396 . The registered office is Holly Trees Farm, Chesterblade Road, Shepton Mallet, Somerset, BA4 4EQ.
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 represents the various sources of income received during the year.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Promotional Marquee 15% reducing balance
Stud Books and Silverware Not depreciated, as appreciating asset
Office Equipment 15% reducing balance
Computer Equipment 33% 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: NIL (2022: NIL)
- -
4. Tangible Assets
Promotional Marquee Stud Books and Silverware Office Equipment Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 January 2023 - 1,500 1,969 6,136 9,605
Revaluation - 500 - - 500
As at 31 December 2023 - 2,000 1,969 6,136 10,105
Depreciation
As at 1 January 2023 - - 1,911 6,060 7,971
Provided during the period - - 9 25 34
As at 31 December 2023 - - 1,920 6,085 8,005
Net Book Value
As at 31 December 2023 - 2,000 49 51 2,100
As at 1 January 2023 - 1,500 58 76 1,634
5. Stocks
2023 2022
£ £
Finished goods 1,380 1,533
Page 3
Page 4
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 619 1,958
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 4,462 1,691
Other creditors and accruals 850 695
5,312 2,386
8. Reserves
Revaluation Reserve
£
Surplus on revaluation 500
As at 31 December 2023 500
9. 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 4