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 10367715 Mr Tim-Philipp Mueller Bristol Legal Services Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10367715 2022-12-31 10367715 2023-12-31 10367715 2023-01-01 2023-12-31 10367715 frs-core:ComputerEquipment 2023-12-31 10367715 frs-core:ComputerEquipment 2023-01-01 2023-12-31 10367715 frs-core:ComputerEquipment 2022-12-31 10367715 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10367715 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 10367715 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10367715 frs-bus:SmallEntities 2023-01-01 2023-12-31 10367715 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10367715 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10367715 frs-bus:Director1 2023-01-01 2023-12-31 10367715 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 10367715 1 2023-01-01 2023-12-31 10367715 frs-countries:EnglandWales 2023-01-01 2023-12-31 10367715 2021-12-31 10367715 2022-12-31 10367715 2022-01-01 2022-12-31 10367715 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 10367715 1 2022-01-01 2022-12-31
Registered number: 10367715
GStreamer Foundation
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10367715
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,713 -
6,713 -
CURRENT ASSETS
Debtors 5 100 99
Cash at bank and in hand 29,172 25,400
29,272 25,499
NET CURRENT ASSETS (LIABILITIES) 29,272 25,499
TOTAL ASSETS LESS CURRENT LIABILITIES 35,985 25,499
NET ASSETS 35,985 25,499
Income and Expenditure Account 35,985 25,499
MEMBERS' FUNDS 35,985 25,499
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Mr Tim-Philipp Mueller
Director
10 September 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
GStreamer Foundation is a private company, limited by guarantee and incorporated in England & Wales. The registered company number is 10367715 and the registered office address is Bourse, St Brandon's House, 29 Great George Street, Bristol, BS1 5QT.
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, net of discounts and value added taxes. Turnover is recognised at the point of invoice.
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:
Computer equipment 33.33% Straight line
2.4. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.5. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years 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
Deferred tax has not been recognised as it is not material to the financial statements. The director will review this annually.
3. Average Number of Employees
2023 2022
Average number of employees, including directors, during the year 1 1
1 1
4. Tangible Assets
Computer equipment
£
Cost
As at 1 January 2023 -
Additions 7,964
As at 31 December 2023 7,964
Depreciation
As at 1 January 2023 -
Provided during the period 1,251
As at 31 December 2023 1,251
Net Book Value
As at 31 December 2023 6,713
As at 1 January 2023 -
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 100 99
7. Share Capital
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