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 09006371 Mr Richard Bailey Mrs Lynn Bailey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09006371 2023-03-31 09006371 2024-03-31 09006371 2023-04-01 2024-03-31 09006371 frs-core:CurrentFinancialInstruments 2024-03-31 09006371 frs-core:Non-currentFinancialInstruments 2024-03-31 09006371 frs-core:ComputerEquipment 2024-03-31 09006371 frs-core:ComputerEquipment 2023-04-01 2024-03-31 09006371 frs-core:ComputerEquipment 2023-03-31 09006371 frs-core:FurnitureFittings 2024-03-31 09006371 frs-core:FurnitureFittings 2023-04-01 2024-03-31 09006371 frs-core:FurnitureFittings 2023-03-31 09006371 frs-core:PlantMachinery 2024-03-31 09006371 frs-core:PlantMachinery 2023-04-01 2024-03-31 09006371 frs-core:PlantMachinery 2023-03-31 09006371 frs-core:ShareCapital 2024-03-31 09006371 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09006371 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09006371 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09006371 frs-bus:SmallEntities 2023-04-01 2024-03-31 09006371 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09006371 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09006371 frs-bus:Director1 2023-04-01 2024-03-31 09006371 frs-bus:Director1 2023-03-31 09006371 frs-bus:Director1 2024-03-31 09006371 frs-bus:Director2 2023-04-01 2024-03-31 09006371 frs-countries:EnglandWales 2023-04-01 2024-03-31 09006371 2022-03-31 09006371 2023-03-31 09006371 2022-04-01 2023-03-31 09006371 frs-core:CurrentFinancialInstruments 2023-03-31 09006371 frs-core:Non-currentFinancialInstruments 2023-03-31 09006371 frs-core:ShareCapital 2023-03-31 09006371 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09006371
Bawdon Lodge Events Ltd
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: 09006371
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,864 4,950
2,864 4,950
CURRENT ASSETS
Stocks 5 37,500 40,000
Debtors 6 21,863 21,250
Cash at bank and in hand 1,270 1,407
60,633 62,657
Creditors: Amounts Falling Due Within One Year 7 (48,668 ) (35,858 )
NET CURRENT ASSETS (LIABILITIES) 11,965 26,799
TOTAL ASSETS LESS CURRENT LIABILITIES 14,829 31,749
Creditors: Amounts Falling Due After More Than One Year 8 (25,705 ) (30,609 )
NET (LIABILITIES)/ASSETS (10,876 ) 1,140
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (10,976 ) 1,040
SHAREHOLDERS' FUNDS (10,876) 1,140
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 Richard Bailey
Director
Mrs Lynn Bailey
Director
11/10/2024
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
Bawdon Lodge Events Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09006371 . The registered office is Bawdon Lodge Farm, Nanpantan Road, Loughborough, Leicestershire, LE12 9YE.
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:
Plant & Machinery 15% On Cost
Fixtures & Fittings 25% On Cost
Computer Equipment 33% On Cost
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2023: 15)
18 15
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 21,968 24,560 3,421 49,949
Additions - 480 599 1,079
As at 31 March 2024 21,968 25,040 4,020 51,028
Depreciation
As at 1 April 2023 20,355 22,188 2,456 44,999
Provided during the period 273 2,462 430 3,165
As at 31 March 2024 20,628 24,650 2,886 48,164
...CONTINUED
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Page 4
Net Book Value
As at 31 March 2024 1,340 390 1,134 2,864
As at 1 April 2023 1,613 2,372 965 4,950
5. Stocks
2024 2023
£ £
Stock 37,500 40,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 976 -
Other debtors 20,750 20,750
Other taxes and social security - 500
Directors' loan accounts 137 -
21,863 21,250
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 20,202 11,391
Bank loans and overdrafts 5,000 5,000
Other taxes and social security 688 -
VAT 21,538 7,311
Other creditors - 1,000
Accruals and deferred income 1,240 1,215
Directors' loan accounts - 9,941
48,668 35,858
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 25,705 30,609
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Richard Bailey (9,941 ) 10,078 - - 137
The above loan is unsecured, interest free and repayable on demand.
Page 5