Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 03865674 Catherine Muller Sophie Roumat Rachel Boyd Elfrea Lockley Sophie Roumat iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03865674 2022-10-31 03865674 2023-10-31 03865674 2022-11-01 2023-10-31 03865674 frs-core:CurrentFinancialInstruments 2023-10-31 03865674 frs-core:FurnitureFittings 2023-10-31 03865674 frs-core:FurnitureFittings 2022-11-01 2023-10-31 03865674 frs-core:FurnitureFittings 2022-10-31 03865674 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 03865674 frs-bus:CompanyLimitedByGuarantee 2022-11-01 2023-10-31 03865674 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 03865674 frs-bus:SmallEntities 2022-11-01 2023-10-31 03865674 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 03865674 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 03865674 frs-bus:Director1 2022-11-01 2023-10-31 03865674 frs-bus:Director2 2022-11-01 2023-10-31 03865674 frs-bus:Director3 2022-11-01 2023-10-31 03865674 frs-bus:Director4 2022-11-01 2023-10-31 03865674 frs-bus:CompanySecretary1 2022-11-01 2023-10-31 03865674 frs-countries:EnglandWales 2022-11-01 2023-10-31 03865674 2021-10-31 03865674 2022-10-31 03865674 2021-11-01 2022-10-31 03865674 frs-core:CurrentFinancialInstruments 2022-10-31 03865674 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 03865674
The Corporate Watch Co-operative Ltd
Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03865674
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 198 296
198 296
CURRENT ASSETS
Debtors 5 958 1,033
Cash at bank and in hand 26,069 37,186
27,027 38,219
Creditors: Amounts Falling Due Within One Year 6 (10,613 ) (13,370 )
NET CURRENT ASSETS (LIABILITIES) 16,414 24,849
TOTAL ASSETS LESS CURRENT LIABILITIES 16,612 25,145
NET ASSETS 16,612 25,145
Income and Expenditure Account 16,612 25,145
MEMBERS' FUNDS 16,612 25,145
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For the year ending 31 October 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
Sophie Roumat
Director
03/09/2024
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 Corporate Watch Co-operative Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 03865674 . The registered office is C/O Base Community Co-Operative 14 Robertson Road, Easton, Bristol, BS5 6JY.
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:
Fixtures & Fittings 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 4)
4 4
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 November 2022 4,328
Disposals (3,934 )
As at 31 October 2023 394
Depreciation
As at 1 November 2022 4,032
Provided during the period 98
Disposals (3,934 )
As at 31 October 2023 196
Net Book Value
As at 31 October 2023 198
As at 1 November 2022 296
5. Debtors
2023 2022
£ £
Due within one year
Other taxes and social security 958 1,033
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,200 -
Net wages 8,683 7,180
Accruals and deferred income 730 6,190
10,613 13,370
7. 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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