Acorah Software Products - Accounts Production 15.0.600 false true false 17 February 2023 28 February 2024 28 February 2024 14671285 Mr Matthew Lemasonry Mrs Gillian Lemasonry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14671285 2023-02-16 14671285 2024-02-28 14671285 2023-02-17 2024-02-28 14671285 frs-core:CurrentFinancialInstruments 2024-02-28 14671285 frs-core:ComputerEquipment 2024-02-28 14671285 frs-core:ComputerEquipment 2023-02-17 2024-02-28 14671285 frs-core:ComputerEquipment 2023-02-16 14671285 frs-core:FurnitureFittings 2024-02-28 14671285 frs-core:FurnitureFittings 2023-02-17 2024-02-28 14671285 frs-core:FurnitureFittings 2023-02-16 14671285 frs-core:ShareCapital 2024-02-28 14671285 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 14671285 frs-bus:PrivateLimitedCompanyLtd 2023-02-17 2024-02-28 14671285 frs-bus:FilletedAccounts 2023-02-17 2024-02-28 14671285 frs-bus:SmallEntities 2023-02-17 2024-02-28 14671285 frs-bus:AuditExempt-NoAccountantsReport 2023-02-17 2024-02-28 14671285 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-17 2024-02-28 14671285 frs-bus:Director1 2023-02-17 2024-02-28 14671285 frs-bus:Director2 2023-02-17 2024-02-28 14671285 frs-countries:EnglandWales 2023-02-17 2024-02-28
Registered number: 14671285
New House Farm (Marshfield) Ltd
Unaudited Financial Statements
For the Period 17 February 2023 to 28 February 2024
KFS Accountants Limited
Elcot Park Elcot Mews
Elcot Lane
Marlborough
SN8 2BG
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14671285
28 February 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 11,421
11,421
CURRENT ASSETS
Debtors 5 876
Cash at bank and in hand 210
1,086
Creditors: Amounts Falling Due Within One Year 6 (39,741 )
NET CURRENT ASSETS (LIABILITIES) (38,655 )
TOTAL ASSETS LESS CURRENT LIABILITIES (27,234 )
NET LIABILITIES (27,234 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (27,334 )
SHAREHOLDERS' FUNDS (27,234)
For the period ending 28 February 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 Matthew Lemasonry
Director
9th October 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
New House Farm (Marshfield) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14671285 . The registered office is New House Farm Tormarton Road, Marshfield, Chippenham, SN14 8JG.
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:
Fixtures & Fittings 20% SL
Computer Equipment 20% SL
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 17 February 2023 - - -
Additions 9,805 1,809 11,614
As at 28 February 2024 9,805 1,809 11,614
Depreciation
As at 17 February 2023 - - -
Provided during the period 163 30 193
As at 28 February 2024 163 30 193
Net Book Value
As at 28 February 2024 9,642 1,779 11,421
As at 17 February 2023 - - -
Page 2
Page 3
5. Debtors
28 February 2024
£
Due within one year
Other debtors 876
6. Creditors: Amounts Falling Due Within One Year
28 February 2024
£
Trade creditors 93
Amounts owed to participating interests 39,562
Other creditors 86
39,741
7. Share Capital
28 February 2024
£
Allotted, Called up and fully paid 100
Page 3