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 13451263 Mrs Elizabeth Williams Mr Stephen Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13451263 2023-03-31 13451263 2024-03-31 13451263 2023-04-01 2024-03-31 13451263 frs-core:CurrentFinancialInstruments 2024-03-31 13451263 frs-core:NetGoodwill 2024-03-31 13451263 frs-core:NetGoodwill 2023-04-01 2024-03-31 13451263 frs-core:NetGoodwill 2023-03-31 13451263 frs-core:PlantMachinery 2024-03-31 13451263 frs-core:PlantMachinery 2023-04-01 2024-03-31 13451263 frs-core:PlantMachinery 2023-03-31 13451263 frs-core:ShareCapital 2024-03-31 13451263 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13451263 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13451263 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13451263 frs-bus:SmallEntities 2023-04-01 2024-03-31 13451263 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13451263 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13451263 frs-bus:Director1 2023-04-01 2024-03-31 13451263 frs-bus:Director2 2023-04-01 2024-03-31 13451263 frs-countries:EnglandWales 2023-04-01 2024-03-31 13451263 2022-03-31 13451263 2023-03-31 13451263 2022-04-01 2023-03-31 13451263 frs-core:CurrentFinancialInstruments 2023-03-31 13451263 frs-core:ShareCapital 2023-03-31 13451263 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13451263
Beth's by the Park 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: 13451263
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 27,967 37,556
Tangible Assets 5 679 908
28,646 38,464
CURRENT ASSETS
Debtors 6 11,910 8,587
Cash at bank and in hand 1,259 514
13,169 9,101
Creditors: Amounts Falling Due Within One Year 7 (114,860 ) (105,181 )
NET CURRENT ASSETS (LIABILITIES) (101,691 ) (96,080 )
TOTAL ASSETS LESS CURRENT LIABILITIES (73,045 ) (57,616 )
NET LIABILITIES (73,045 ) (57,616 )
CAPITAL AND RESERVES
Called up share capital 8 40 40
Profit and Loss Account (73,085 ) (57,656 )
SHAREHOLDERS' FUNDS (73,045) (57,616)
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
Mrs Elizabeth Williams
Director
28 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
Beth's by the Park Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13451263 . The registered office is 13 Hyde Road, Paignton, Devon, TQ4 5BW.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. 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 20% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 8)
7 8
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4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 58,931
As at 31 March 2024 58,931
Amortisation
As at 1 April 2023 21,375
Provided during the period 9,589
As at 31 March 2024 30,964
Net Book Value
As at 31 March 2024 27,967
As at 1 April 2023 37,556
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 1,242
As at 31 March 2024 1,242
Depreciation
As at 1 April 2023 334
Provided during the period 229
As at 31 March 2024 563
Net Book Value
As at 31 March 2024 679
As at 1 April 2023 908
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,003 1,066
Prepayments and accrued income 5,136 3,750
Other debtors 3,771 3,771
11,910 8,587
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,579 380
Other taxes and social security 310 476
VAT 1,574 920
Accruals and deferred income 650 650
Directors' loan accounts 110,747 102,755
114,860 105,181
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 40 40
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