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 03928620 Mr Matthew Smith Mr Lloyd Hemmings iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03928620 2023-01-31 03928620 2024-01-31 03928620 2023-02-01 2024-01-31 03928620 frs-core:CurrentFinancialInstruments 2024-01-31 03928620 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 03928620 frs-bus:CompanyLimitedByGuarantee 2023-02-01 2024-01-31 03928620 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 03928620 frs-bus:SmallEntities 2023-02-01 2024-01-31 03928620 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 03928620 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 03928620 frs-bus:Director1 2023-02-01 2024-01-31 03928620 frs-bus:Director2 2023-02-01 2024-01-31 03928620 frs-core:CurrentFinancialInstruments 4 2024-01-31 03928620 frs-countries:EnglandWales 2023-02-01 2024-01-31 03928620 2022-01-31 03928620 2023-01-31 03928620 2022-02-01 2023-01-31 03928620 frs-core:CurrentFinancialInstruments 2023-01-31 03928620 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 03928620 frs-core:CurrentFinancialInstruments 4 2023-01-31
Registered number: 03928620
BAGGERIDGE SOCIAL CLUB LIMITED
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2024
SJE Accounting Services Ltd
Warren Cottage
Worcester Road
Pattingham
West Midlands
WV6 7EG
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2
Page 1
Abridged Balance Sheet
Registered number: 03928620
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 15,420 11,995
Cash at bank and in hand 547 4,370
15,967 16,365
Creditors: Amounts Falling Due Within One Year 5 (45,047 ) (45,445 )
NET CURRENT ASSETS (LIABILITIES) (29,080 ) (29,080 )
TOTAL ASSETS LESS CURRENT LIABILITIES (29,080 ) (29,080 )
NET LIABILITIES (29,080 ) (29,080 )
Income and Expenditure Account (29,080 ) (29,080 )
MEMBERS' FUNDS (29,080) (29,080)
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 Income and Expenditure Account.
All of the company's members have consented to the preparation of an Abridged Income and Expenditure Account and an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Matthew Smith
Director
Mr Lloyd Hemmings
Director
7th October 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
BAGGERIDGE SOCIAL CLUB LIMITED is a private company, limited by guarantee, incorporated in England & Wales, registered number 03928620 . The registered office is 1 The Straits, Lower Gornal, Dudley, West Midlands, DY3 3AA.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 10)
10 10
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 17,985 12,506
Bank loans and overdrafts 20,000 -
Other taxes and social security 2,181 2,387
VAT 3,495 2,198
Other creditors 48 394
Intercompany with Welfare 343 27,165
Accruals and deferred income 995 795
45,047 45,445
6. 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 2