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 05939987 Mr Craig Bowness Mrs Susan Bowness Mr Gerald Bowness Mr Daniel Bowness Mr Daniel Bowness iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05939987 2022-12-31 05939987 2023-12-31 05939987 2023-01-01 2023-12-31 05939987 frs-core:CurrentFinancialInstruments 2023-12-31 05939987 frs-core:Non-currentFinancialInstruments 2023-12-31 05939987 frs-core:FurnitureFittings 2023-01-01 2023-12-31 05939987 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 05939987 frs-core:ShareCapital 2023-12-31 05939987 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05939987 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05939987 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 05939987 frs-bus:SmallEntities 2023-01-01 2023-12-31 05939987 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05939987 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05939987 frs-bus:Director1 2023-01-01 2023-12-31 05939987 frs-bus:Director2 2023-01-01 2023-12-31 05939987 frs-bus:Director3 2023-01-01 2023-12-31 05939987 frs-bus:Director4 2023-01-01 2023-12-31 05939987 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 05939987 frs-core:CurrentFinancialInstruments 1 2023-12-31 05939987 frs-countries:EnglandWales 2023-01-01 2023-12-31 05939987 2021-12-31 05939987 2022-12-31 05939987 2022-01-01 2022-12-31 05939987 frs-core:CurrentFinancialInstruments 2022-12-31 05939987 frs-core:Non-currentFinancialInstruments 2022-12-31 05939987 frs-core:ShareCapital 2022-12-31 05939987 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 05939987 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 05939987
4 B's Buckbury Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
SWB Business Solutions Ltd
1st Floor Office
105 Church Street
Tewkesbury
Gloucestershire
GL20 5AB
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 05939987
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1,170 1,170
Cash at bank and in hand 98,813 138,102
99,983 139,272
Creditors: Amounts Falling Due Within One Year 5 (60,276 ) (71,953 )
NET CURRENT ASSETS (LIABILITIES) 39,707 67,319
TOTAL ASSETS LESS CURRENT LIABILITIES 39,707 67,319
Creditors: Amounts Falling Due After More Than One Year 6 (7,188 ) (28,200 )
NET ASSETS 32,519 39,119
CAPITAL AND RESERVES
Called up share capital 7 250,000 250,000
Profit and Loss Account (217,481 ) (210,881 )
SHAREHOLDERS' FUNDS 32,519 39,119
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 Gerald Bowness
Director
6 September 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
4 B's Buckbury Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05939987 . The registered office is Malvern Lodge, Blackmore Park Road, Malvern, Worcestershire, WR14 3LF.
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. 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 50 year straight line
Fixtures & Fittings 20% reducing balance
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,170 1,170
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other taxes and social security 3,012 3,845
VAT 2,878 2,512
Other creditors 26,751 28,756
Other creditors (1) 24,167 34,167
Accruals and deferred income 2,410 2,410
Directors' loan accounts 1,058 263
60,276 71,953
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Mortgage (Long term liabilities - creditors > 1 year) 7,188 28,200
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 250,000 250,000
Page 3