Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 11782404 Mr Phillip Bottomley Mr Alistair Reed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11782404 2023-01-31 11782404 2024-01-31 11782404 2023-02-01 2024-01-31 11782404 frs-core:CurrentFinancialInstruments 2024-01-31 11782404 frs-core:Non-currentFinancialInstruments 2024-01-31 11782404 frs-core:FurnitureFittings 2024-01-31 11782404 frs-core:FurnitureFittings 2023-02-01 2024-01-31 11782404 frs-core:FurnitureFittings 2023-01-31 11782404 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 11782404 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 11782404 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-31 11782404 frs-core:ShareCapital 2024-01-31 11782404 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11782404 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11782404 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11782404 frs-bus:SmallEntities 2023-02-01 2024-01-31 11782404 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11782404 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11782404 frs-bus:Director1 2023-02-01 2024-01-31 11782404 frs-bus:Director2 2023-02-01 2024-01-31 11782404 frs-countries:EnglandWales 2023-02-01 2024-01-31 11782404 2022-01-31 11782404 2023-01-31 11782404 2022-02-01 2023-01-31 11782404 frs-core:CurrentFinancialInstruments 2023-01-31 11782404 frs-core:Non-currentFinancialInstruments 2023-01-31 11782404 frs-core:ShareCapital 2023-01-31 11782404 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 11782404
Newton Mulgrave Sporting Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Calculated Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11782404
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,284 4,054
3,284 4,054
CURRENT ASSETS
Debtors 5 2,400 2,400
Cash at bank and in hand 12,798 19,965
15,198 22,365
Creditors: Amounts Falling Due Within One Year 6 (12,440 ) (26,937 )
NET CURRENT ASSETS (LIABILITIES) 2,758 (4,572 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,042 (518 )
Creditors: Amounts Falling Due After More Than One Year 7 (12,000 ) (16,000 )
NET LIABILITIES (5,958 ) (16,518 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (6,058 ) (16,618 )
SHAREHOLDERS' FUNDS (5,958) (16,518)
Page 1
Page 2
For the year ending 31 January 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 Profit and Loss Account.
On behalf of the board
Mr Phillip Bottomley
Director
03/10/2024
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
Newton Mulgrave Sporting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11782404 . The registered office is Orchard Cottage, Newton Mulgrave, Saltburn-By-The-Sea, TS13 5HY.
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 15% reducing balance
Fixtures & Fittings 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 February 2023 4,660 5,125 9,785
As at 31 January 2024 4,660 5,125 9,785
Depreciation
As at 1 February 2023 2,228 3,503 5,731
Provided during the period 364 406 770
As at 31 January 2024 2,592 3,909 6,501
Net Book Value
As at 31 January 2024 2,068 1,216 3,284
As at 1 February 2023 2,432 1,622 4,054
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 2,400 2,400
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Accruals 2,440 6,938
Directors' loan accounts 10,000 20,000
12,440 26,937
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce Back Loan 12,000 16,000
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4