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 07466193 Mr John Butler Mr Thomas Lofts iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07466193 2023-03-31 07466193 2024-03-31 07466193 2023-04-01 2024-03-31 07466193 frs-core:CurrentFinancialInstruments 2024-03-31 07466193 frs-core:Non-currentFinancialInstruments 2024-03-31 07466193 frs-core:FurnitureFittings 2024-03-31 07466193 frs-core:FurnitureFittings 2023-04-01 2024-03-31 07466193 frs-core:FurnitureFittings 2023-03-31 07466193 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 07466193 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07466193 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 07466193 frs-core:MotorVehicles 2024-03-31 07466193 frs-core:MotorVehicles 2023-04-01 2024-03-31 07466193 frs-core:MotorVehicles 2023-03-31 07466193 frs-core:PlantMachinery 2024-03-31 07466193 frs-core:PlantMachinery 2023-04-01 2024-03-31 07466193 frs-core:PlantMachinery 2023-03-31 07466193 frs-core:ShareCapital 2024-03-31 07466193 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07466193 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07466193 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07466193 frs-bus:SmallEntities 2023-04-01 2024-03-31 07466193 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07466193 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07466193 frs-bus:Director1 2023-04-01 2024-03-31 07466193 frs-bus:Director2 2023-04-01 2024-03-31 07466193 frs-countries:EnglandWales 2023-04-01 2024-03-31 07466193 2022-03-31 07466193 2023-03-31 07466193 2022-04-01 2023-03-31 07466193 frs-core:CurrentFinancialInstruments 2023-03-31 07466193 frs-core:Non-currentFinancialInstruments 2023-03-31 07466193 frs-core:ShareCapital 2023-03-31 07466193 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07466193
Gold Oak Country Cabins Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07466193
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 678,690 695,652
678,690 695,652
CURRENT ASSETS
Stocks 5 1,000 1,000
Debtors 4,470 -
Cash at bank and in hand 305 13,099
5,775 14,099
Creditors: Amounts Falling Due Within One Year 6 (647,861 ) (636,944 )
NET CURRENT ASSETS (LIABILITIES) (642,086 ) (622,845 )
TOTAL ASSETS LESS CURRENT LIABILITIES 36,604 72,807
Creditors: Amounts Falling Due After More Than One Year 7 (11,667 ) (21,667 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,880 ) (7,972 )
NET ASSETS 17,057 43,168
CAPITAL AND RESERVES
Called up share capital 8 99 99
Profit and Loss Account 16,958 43,069
SHAREHOLDERS' FUNDS 17,057 43,168
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 Profit and Loss Account.
On behalf of the board
Mr Thomas Lofts
Director
23 October 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Gold Oak Country Cabins Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07466193 . The registered office is Gold Oak Farm, Hare Lane, Cranborne, BH21 5QT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These financial statements are presented in pound sterling which is the functional currency of the company.
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.
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 2% Straight Line
Plant & Machinery 25% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 9)
9 9
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 April 2023 823,985 337,236 28,423 - 1,189,644
Additions - 10,165 - 2,542 12,707
As at 31 March 2024 823,985 347,401 28,423 2,542 1,202,351
Depreciation
As at 1 April 2023 170,292 304,816 18,884 - 493,992
Provided during the period 16,480 10,645 1,908 636 29,669
As at 31 March 2024 186,772 315,461 20,792 636 523,661
Net Book Value
As at 31 March 2024 637,213 31,940 7,631 1,906 678,690
As at 1 April 2023 653,693 32,420 9,539 - 695,652
5. Stocks
2024 2023
£ £
Finished goods 1,000 1,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Corporation tax 5,221 2,017
Other taxes and social security 6,241 3,710
VAT 8,266 9,627
Net wages 4,982 -
Other creditors 60,001 58,605
Accruals and deferred income 2,410 3,987
Directors' loan accounts 550,740 548,998
647,861 636,944
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 11,667 21,667
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 99 99
Page 5