Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07302917 Mrs Veronica Bradley Mrs Caroline French Mrs Pearl Farr Mr Kyle Palmer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07302917 2023-03-31 07302917 2024-03-31 07302917 2023-04-01 2024-03-31 07302917 frs-core:CurrentFinancialInstruments 2024-03-31 07302917 frs-core:ComputerEquipment 2024-03-31 07302917 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07302917 frs-core:ComputerEquipment 2023-03-31 07302917 frs-core:FurnitureFittings 2024-03-31 07302917 frs-core:FurnitureFittings 2023-04-01 2024-03-31 07302917 frs-core:FurnitureFittings 2023-03-31 07302917 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 07302917 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07302917 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 07302917 frs-core:MotorVehicles 2024-03-31 07302917 frs-core:MotorVehicles 2023-04-01 2024-03-31 07302917 frs-core:MotorVehicles 2023-03-31 07302917 frs-core:PlantMachinery 2024-03-31 07302917 frs-core:PlantMachinery 2023-04-01 2024-03-31 07302917 frs-core:PlantMachinery 2023-03-31 07302917 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07302917 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 07302917 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07302917 frs-bus:SmallEntities 2023-04-01 2024-03-31 07302917 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07302917 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07302917 frs-bus:Director1 2023-04-01 2024-03-31 07302917 frs-bus:Director2 2023-04-01 2024-03-31 07302917 frs-bus:Director3 2023-04-01 2024-03-31 07302917 frs-bus:Director4 2023-04-01 2024-03-31 07302917 frs-countries:EnglandWales 2023-04-01 2024-03-31 07302917 2022-03-31 07302917 2023-03-31 07302917 2022-04-01 2023-03-31 07302917 frs-core:CurrentFinancialInstruments 2023-03-31 07302917 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07302917
Elisabeth Curtis Centre Riding For The Disabled
Unaudited Financial Statements
For The Year Ended 31 March 2024
LEO bookkeeping Services
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07302917
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 35,910 31,037
35,910 31,037
CURRENT ASSETS
Debtors 5 4,468 1,050
Cash at bank and in hand 90,544 93,596
95,012 94,646
Creditors: Amounts Falling Due Within One Year 6 (39,176 ) (20,054 )
NET CURRENT ASSETS (LIABILITIES) 55,836 74,592
TOTAL ASSETS LESS CURRENT LIABILITIES 91,746 105,629
NET ASSETS 91,746 105,629
Income and Expenditure Account 91,746 105,629
MEMBERS' FUNDS 91,746 105,629
For the year ending 31 March 2024 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
Mr Kyle Palmer
Director
07/08/2024
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
Elisabeth Curtis Centre Riding For The Disabled is a private company, limited by guarantee, incorporated in England & Wales, registered number 07302917 . The registered office is Chestnut Avenue, Bromham, Bedford, MK43 8HP.
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 Straight line 16-20 Years
Plant & Machinery Straight line over 5 years
Motor Vehicles Straight line over 10 years
Fixtures & Fittings Straight line over 5 years
Computer Equipment Straight line over 3 years
Land & Buildings: Tack Room: Straight line over 20 years Paddocks/Stables: Straight line over 16-19
years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2023 75,604 - 12,660 7,676
Additions - 7,710 - 2,807
As at 31 March 2024 75,604 7,710 12,660 10,483
Depreciation
As at 1 April 2023 45,187 - 12,660 7,056
Provided during the period 4,746 615 - 1,115
As at 31 March 2024 49,933 615 12,660 8,171
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 March 2024 25,671 7,095 - 2,312
As at 1 April 2023 30,417 - - 620
Computer Equipment Total
£ £
Cost
As at 1 April 2023 - 95,940
Additions 936 11,453
As at 31 March 2024 936 107,393
Depreciation
As at 1 April 2023 - 64,903
Provided during the period 104 6,580
As at 31 March 2024 104 71,483
Net Book Value
As at 31 March 2024 832 35,910
As at 1 April 2023 - 31,037
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,046 468
Other debtors 3,422 582
4,468 1,050
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,942 442
Other creditors 36,724 19,612
Taxation and social security 510 -
39,176 20,054
7. Reserves
Reserves Policy
The Management Committee has an established policy of maintaining cash balances of not less than the total running costs
(excluding depreciation) in the previous 12 months.
Restricted Funds
Restricted Funds of £36692  form part of the capital and reserves for 2023. This was £18613 for 2023.
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