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 12324027 Mr Michael Chicken Mr Adrian Goodall Ms Fiona McCulloch iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12324027 2022-12-31 12324027 2023-12-31 12324027 2023-01-01 2023-12-31 12324027 frs-core:CurrentFinancialInstruments 2023-12-31 12324027 frs-core:ShareCapital 2023-12-31 12324027 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12324027 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12324027 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12324027 frs-bus:SmallEntities 2023-01-01 2023-12-31 12324027 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12324027 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12324027 frs-bus:Director1 2023-01-01 2023-12-31 12324027 frs-bus:Director2 2023-01-01 2023-12-31 12324027 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 12324027 frs-countries:EnglandWales 2023-01-01 2023-12-31 12324027 2021-12-31 12324027 2022-12-31 12324027 2022-01-01 2022-12-31 12324027 frs-core:CurrentFinancialInstruments 2022-12-31 12324027 frs-core:ShareCapital 2022-12-31 12324027 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 12324027
Downing's Gloucester Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12324027
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 2,878,030 2,467,895
Debtors 5 14,762 3,955
Cash at bank and in hand 1,036 4,235
2,893,828 2,476,085
Creditors: Amounts Falling Due Within One Year 6 (2,897,757 ) (2,479,483 )
NET CURRENT ASSETS (LIABILITIES) (3,929 ) (3,398 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,929 ) (3,398 )
NET LIABILITIES (3,929 ) (3,398 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (3,930 ) (3,399 )
SHAREHOLDERS' FUNDS (3,929) (3,398)
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.
On behalf of the board
Mr Michael Chicken
Director
03/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Downing's Gloucester Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12324027 . The registered office is 4 Newburgh Street, London, W1F 7RF.
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. 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. Stocks
2023 2022
£ £
Work in progress 2,878,030 2,467,895
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 14,761 3,954
Called up share capital not paid 1 1
14,762 3,955
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 48,657 23,838
Amounts owed to group undertakings 57,100 8,100
Amounts owed to parent undertaking 2,792,000 2,447,545
2,897,757 2,479,483
7. Share Capital
2023 2022
£ £
Called Up Share Capital not Paid 1 1
Amount of Allotted, Called Up Share Capital 1 1
Page 2
Page 3
8. Related Party Transactions
Lancelot Properties Limited
Adrian Goodall is a Director and 100% shareholder.
Lancelot Properties Ltd received Development management fees from Downings Gloucester Ltd of £22,500 (£30,000 in 2022)
Cliffe Property Investments Limited
Michael Chicken is a Director and 100% shareholder
Cliffe Property Investments Limited received fees for Development management services and accountancy services from Downing's Gloucester Ltd of £56,250. (£75,000 in 2022)
Page 3