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 09408898 Matthew Hollinshead Sajedah Nayeri iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09408898 2023-01-31 09408898 2024-01-31 09408898 2023-02-01 2024-01-31 09408898 frs-core:CurrentFinancialInstruments 2024-01-31 09408898 frs-core:ComputerEquipment 2024-01-31 09408898 frs-core:ComputerEquipment 2023-02-01 2024-01-31 09408898 frs-core:ComputerEquipment 2023-01-31 09408898 frs-core:FurnitureFittings 2024-01-31 09408898 frs-core:FurnitureFittings 2023-02-01 2024-01-31 09408898 frs-core:FurnitureFittings 2023-01-31 09408898 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09408898 frs-bus:CompanyLimitedByGuarantee 2023-02-01 2024-01-31 09408898 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09408898 frs-bus:SmallEntities 2023-02-01 2024-01-31 09408898 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09408898 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09408898 frs-bus:Director1 2023-02-01 2024-01-31 09408898 frs-bus:Director2 2023-02-01 2024-01-31 09408898 frs-core:CurrentFinancialInstruments 9 2024-01-31 09408898 frs-countries:EnglandWales 2023-02-01 2024-01-31 09408898 2022-01-31 09408898 2023-01-31 09408898 2022-02-01 2023-01-31 09408898 frs-core:CurrentFinancialInstruments 2023-01-31 09408898 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 09408898 frs-core:CurrentFinancialInstruments 9 2023-01-31
Registered number: 09408898
The Association of Community Organisations for Reform Now Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Godfrey Wilson Limited
Fifth Floor Mariner House
62 Prince Street
Bristol
BS1 4QD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09408898
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,483 1,716
2,483 1,716
CURRENT ASSETS
Stocks 5 2,808 -
Debtors 6 30,945 54,081
Cash at bank and in hand 545,135 306,489
578,888 360,570
Creditors: Amounts Falling Due Within One Year 7 (404,685 ) (156,052 )
NET CURRENT ASSETS (LIABILITIES) 174,203 204,518
TOTAL ASSETS LESS CURRENT LIABILITIES 176,686 206,234
NET ASSETS 176,686 206,234
Income and Expenditure Account 176,686 206,234
MEMBERS' FUNDS 176,686 206,234
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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.
On behalf of the board
Matthew Hollinshead
Director
25/10/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Association of Community Organisations for Reform Now Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 09408898 . The registered office is Tony Benn House, Victoria Street, Bristol, BS1 6AY.
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:
Fixtures & Fittings 2 years straight line
Computer Equipment 2 years straight line
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: 11 (2023: 12)
11 12
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 2,088 3,655 5,743
Additions 194 2,585 2,779
Disposals (1,249 ) (1,803 ) (3,052 )
As at 31 January 2024 1,033 4,437 5,470
Depreciation
As at 1 February 2023 1,527 2,500 4,027
Provided during the period 425 1,272 1,697
Disposals (1,237 ) (1,500 ) (2,737 )
As at 31 January 2024 715 2,272 2,987
Net Book Value
As at 31 January 2024 318 2,165 2,483
As at 1 February 2023 561 1,155 1,716
5. Stocks
2024 2023
£ £
Stock 2,808 -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,544 43
Prepayments and accrued income 19,171 45,171
Other debtors 5,230 8,867
30,945 54,081
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,871 36,437
Other taxes and social security 3,262 5,143
Other creditors 12,198 12,274
Deferred Income 384,854 98,398
Accruals 2,500 3,800
404,685 156,052
8. 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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