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 09214276 Mrs Claire Frances Norton Mrs Gillian Willott Mr Christopher Willott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09214276 2022-12-31 09214276 2023-12-31 09214276 2023-01-01 2023-12-31 09214276 frs-core:CurrentFinancialInstruments 2023-12-31 09214276 frs-core:FurnitureFittings 2023-12-31 09214276 frs-core:FurnitureFittings 2023-01-01 2023-12-31 09214276 frs-core:FurnitureFittings 2022-12-31 09214276 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09214276 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 09214276 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09214276 frs-bus:SmallEntities 2023-01-01 2023-12-31 09214276 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09214276 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09214276 frs-bus:Director1 2023-01-01 2023-12-31 09214276 frs-bus:Director2 2023-01-01 2023-12-31 09214276 frs-bus:Director3 2023-01-01 2023-12-31 09214276 frs-countries:EnglandWales 2023-01-01 2023-12-31 09214276 2021-12-31 09214276 2022-12-31 09214276 2022-01-01 2022-12-31 09214276 frs-core:CurrentFinancialInstruments 2022-12-31 09214276 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09214276
Heathlands Social Club Limited
Financial Statements
For The Year Ended 31 December 2023
Triple Bottom Line Accounting Limited
Association of International Accountants
The Enterprise Centre University Of East Anglia
Norwich
Norfolk
NR4 7TJ
Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09214276
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,445 402
1,445 402
CURRENT ASSETS
Stocks 5 6,059 4,856
Debtors 6 - 192
Cash at bank and in hand 15,640 22,018
21,699 27,066
Creditors: Amounts Falling Due Within One Year 7 (21,697 ) (27,065 )
NET CURRENT ASSETS (LIABILITIES) 2 1
TOTAL ASSETS LESS CURRENT LIABILITIES 1,447 403
NET ASSETS 1,447 403
Income and Expenditure Account 1,447 403
MEMBERS' FUNDS 1,447 403
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 Claire Frances Norton
Director
25/03/2024
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
Heathlands Social Club Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 09214276 . The registered office is Heathlands Community Centre Woodbastwick Road, Blofield Heath, Norwich, Norfolk, NR13 4QH.
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 4 year 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2022: NIL)
6 -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2023 558
Additions 1,499
As at 31 December 2023 2,057
Depreciation
As at 1 January 2023 156
Provided during the period 456
As at 31 December 2023 612
Net Book Value
As at 31 December 2023 1,445
As at 1 January 2023 402
Page 2
Page 3
5. Stocks
2023 2022
£ £
Finished goods 6,059 4,856
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 192
- 192
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other taxes and social security 780 -
VAT 1,623 1,978
Other creditors 19,294 25,087
21,697 27,065
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.
Page 3