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 00503150 Dr Peter Rookes Mrs Mary Jose Mrs Kate Badley Sarah Johnson Reverend Brenda Stephenson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00503150 2022-12-31 00503150 2023-12-31 00503150 2023-01-01 2023-12-31 00503150 frs-core:CurrentFinancialInstruments 2023-12-31 00503150 frs-core:FurnitureFittings 2023-12-31 00503150 frs-core:FurnitureFittings 2023-01-01 2023-12-31 00503150 frs-core:FurnitureFittings 2022-12-31 00503150 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 00503150 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 00503150 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 00503150 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 00503150 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 00503150 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 00503150 frs-bus:SmallEntities 2023-01-01 2023-12-31 00503150 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 00503150 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 00503150 frs-core:ListedExchangeTraded 2023-12-31 00503150 frs-core:ListedExchangeTraded 2022-12-31 00503150 frs-core:CostValuation frs-core:ListedExchangeTraded 2022-12-31 00503150 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2023-12-31 00503150 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2023-12-31 00503150 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2023-12-31 00503150 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 00503150 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2022-12-31 00503150 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 00503150 frs-bus:Director1 2023-01-01 2023-12-31 00503150 frs-bus:Director2 2023-01-01 2023-12-31 00503150 frs-bus:Director3 2023-01-01 2023-12-31 00503150 frs-bus:Director4 2023-01-01 2023-12-31 00503150 frs-bus:Director5 2023-01-01 2023-12-31 00503150 frs-countries:EnglandWales 2023-01-01 2023-12-31 00503150 2021-12-31 00503150 2022-12-31 00503150 2022-01-01 2022-12-31 00503150 frs-core:CurrentFinancialInstruments 2022-12-31 00503150 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 00503150
Fellowship Of Meditation(The)
Unaudited Financial Statements
For The Year Ended 31 December 2023
Advoco (SW) Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00503150
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 38,136 38,226
Investments 5 486,210 511,541
524,346 549,767
CURRENT ASSETS
Stocks 6 3,693 3,699
Debtors 7 262 368
Cash at bank and in hand 35,150 39,466
39,105 43,533
Creditors: Amounts Falling Due Within One Year 8 (2,916 ) (3,477 )
NET CURRENT ASSETS (LIABILITIES) 36,189 40,056
TOTAL ASSETS LESS CURRENT LIABILITIES 560,535 589,823
NET ASSETS 560,535 589,823
Income and Expenditure Account 560,535 589,823
MEMBERS' FUNDS 560,535 589,823
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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
Mrs Kate Badley
Director
5 September 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Fellowship Of Meditation(The) is a private company, limited by guarantee, incorporated in England & Wales, registered number 00503150 . The registered office is 8 Prince Of Wales Road, Dorchester, Dorset, DT1 1PW.
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 Nil
Fixtures & Fittings 10 years straight line
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.
2.5. Government Grant
Government grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned.
All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
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4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 63,410 891 64,301
As at 31 December 2023 63,410 891 64,301
Depreciation
As at 1 January 2023 25,715 360 26,075
Provided during the period - 90 90
As at 31 December 2023 25,715 450 26,165
Net Book Value
As at 31 December 2023 37,695 441 38,136
As at 1 January 2023 37,695 531 38,226
5. Investments
Listed
£
Cost
As at 1 January 2023 511,541
Additions 293,982
Disposals (334,252 )
Revaluations 14,939
As at 31 December 2023 486,210
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 486,210
As at 1 January 2023 511,541
6. Stocks
2023 2022
£ £
Stock 3,693 3,699
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 4 110
Other debtors 258 258
262 368
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8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 2,916 256
Accruals and deferred income - 3,221
2,916 3,477
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.
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