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 11250536 Salle Dare Michael Barton David Halls Louisa Sadler Mohammed Miah Linzy Na Nakorn Ellen Logan James Thompson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11250536 2023-03-31 11250536 2024-03-31 11250536 2023-04-01 2024-03-31 11250536 frs-core:CurrentFinancialInstruments 2024-03-31 11250536 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11250536 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 11250536 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11250536 frs-bus:SmallEntities 2023-04-01 2024-03-31 11250536 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11250536 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11250536 frs-bus:Director1 2023-04-01 2024-03-31 11250536 frs-bus:Director2 2023-04-01 2024-03-31 11250536 frs-bus:Director3 2023-04-01 2024-03-31 11250536 frs-bus:Director4 2023-04-01 2024-03-31 11250536 frs-bus:Director5 2023-04-01 2024-03-31 11250536 frs-bus:Director6 2023-04-01 2024-03-31 11250536 frs-bus:Director7 2023-04-01 2024-03-31 11250536 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 11250536 frs-countries:EnglandWales 2023-04-01 2024-03-31 11250536 2022-03-31 11250536 2023-03-31 11250536 2022-04-01 2023-03-31 11250536 frs-core:CurrentFinancialInstruments 2023-03-31 11250536 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11250536
The Big Ride Organisation Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11250536
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 1,865 1,232
Debtors 5 - 11,990
Cash at bank and in hand 25,687 8,536
27,552 21,758
Creditors: Amounts Falling Due Within One Year 6 (809 ) (720 )
NET CURRENT ASSETS (LIABILITIES) 26,743 21,038
TOTAL ASSETS LESS CURRENT LIABILITIES 26,743 21,038
NET ASSETS 26,743 21,038
Income and Expenditure Account 26,743 21,038
MEMBERS' FUNDS 26,743 21,038
Page 1
Page 2
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
Louisa Sadler
Director
22/10/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
The Big Ride Organisation Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 11250536 . The registered office is The Warehouse, 54-57 Allison Street, Birmingham, B5 5TH.
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. 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: NIL (2023: NIL)
- -
4. Stocks
2024 2023
£ £
Finished goods 1,865 1,232
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5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 11,990
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 809 720
7. 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.
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