Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 00304358 Mr Andrew Boddington Miss Petrina Boddington Miss Petrina Boddington false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00304358 2022-12-31 00304358 2023-12-31 00304358 2023-01-01 2023-12-31 00304358 frs-core:CurrentFinancialInstruments 2023-12-31 00304358 frs-core:SharePremium 2023-12-31 00304358 frs-core:ShareCapital 2023-12-31 00304358 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 00304358 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 00304358 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 00304358 frs-bus:SmallEntities 2023-01-01 2023-12-31 00304358 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 00304358 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 00304358 1 2023-01-01 2023-12-31 00304358 frs-bus:Director1 2023-01-01 2023-12-31 00304358 frs-bus:Director2 2023-01-01 2023-12-31 00304358 frs-countries:EnglandWales 2023-01-01 2023-12-31 00304358 2021-12-31 00304358 2022-12-31 00304358 2022-01-01 2022-12-31 00304358 frs-core:CurrentFinancialInstruments 2022-12-31 00304358 frs-core:SharePremium 2022-12-31 00304358 frs-core:ShareCapital 2022-12-31 00304358 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 00304358
Swan Press (Northampton) Limited
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: 00304358
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 5 209,811 209,811
209,811 209,811
CURRENT ASSETS
Debtors 6 3,991 6,961
Cash at bank and in hand 484,734 545,598
488,725 552,559
Creditors: Amounts Falling Due Within One Year 7 (30,617 ) (41,362 )
NET CURRENT ASSETS (LIABILITIES) 458,108 511,197
TOTAL ASSETS LESS CURRENT LIABILITIES 667,919 721,008
NET ASSETS 667,919 721,008
CAPITAL AND RESERVES
Called up share capital 8 4,596 4,596
Share premium account 4,180 4,180
Profit and Loss Account 659,143 712,232
SHAREHOLDERS' FUNDS 667,919 721,008
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 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
Miss Petrina Boddington
Director
7 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
Swan Press (Northampton) Limited Registered number 00304358 is a limited by shares company incorporated in England & Wales. The Registered Office is 14 Homestead Rise, Wootton, Northampton, NN4 6LE.
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. Going Concern Disclosure
During the previous year the company closed the printing business. The company continues to hold investment properties and therefore the going concern basis remains appropriate.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was 2 (2022: 2)
2 2
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5. Investment Property
2023
£
Fair Value
As at 1 January 2023 and 31 December 2023 209,811
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 624
Other debtors 3,991 6,337
3,991 6,961
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,279 93
Corporation tax 1,619 31,612
VAT 680 1,921
Accruals and deferred income 1,290 2,850
Directors' loan accounts 25,749 4,886
30,617 41,362
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 4,596 4,596
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
2023 2022
£ £
Mr Andrew Boddington 21,000 9,749
Miss Petrina Boddington 39,000 11,400
10. Controlling Party
The company's controlling party is Miss Petrina Boddington by virtue of her ownership of 54% of the issued share capital in the company.
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