Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09538246 G Vasadi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09538246 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2024-01-31 09538246 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2024-01-31 09538246 2023-01-31 09538246 2024-01-31 09538246 2023-02-01 2024-01-31 09538246 frs-core:CurrentFinancialInstruments 2024-01-31 09538246 frs-core:Non-currentFinancialInstruments 2024-01-31 09538246 frs-core:ComputerEquipment 2024-01-31 09538246 frs-core:ComputerEquipment 2023-02-01 2024-01-31 09538246 frs-core:ComputerEquipment 2023-01-31 09538246 frs-core:FurnitureFittings 2024-01-31 09538246 frs-core:FurnitureFittings 2023-02-01 2024-01-31 09538246 frs-core:FurnitureFittings 2023-01-31 09538246 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 09538246 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-01-31 09538246 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-31 09538246 frs-core:ShareCapital 2024-01-31 09538246 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09538246 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09538246 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09538246 frs-bus:SmallEntities 2023-02-01 2024-01-31 09538246 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09538246 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09538246 frs-bus:Director1 2023-02-01 2024-01-31 09538246 frs-countries:EnglandWales 2023-02-01 2024-01-31 09538246 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2023-01-31 09538246 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2023-01-31 09538246 2022-01-31 09538246 2023-01-31 09538246 2022-02-01 2023-01-31 09538246 frs-core:CurrentFinancialInstruments 2023-01-31 09538246 frs-core:Non-currentFinancialInstruments 2023-01-31 09538246 frs-core:ShareCapital 2023-01-31 09538246 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 09538246
Corfe Castle Tavern Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09538246
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 349,080 349,212
349,080 349,212
CURRENT ASSETS
Stocks 5 12,400 12,400
Debtors 6 30,682 28,512
Cash at bank and in hand 8,637 19,408
51,719 60,320
Creditors: Amounts Falling Due Within One Year 7 (196,146 ) (167,167 )
NET CURRENT ASSETS (LIABILITIES) (144,427 ) (106,847 )
TOTAL ASSETS LESS CURRENT LIABILITIES 204,653 242,365
Creditors: Amounts Falling Due After More Than One Year 8 (343,307 ) (378,162 )
NET LIABILITIES (138,654 ) (135,797 )
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account (138,656 ) (135,799 )
SHAREHOLDERS' FUNDS (138,654) (135,797)
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
G Vasadi
Director
30 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
Corfe Castle Tavern Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09538246 . The registered office is Oakwood House Guildford Road, Bucks Green, Horsham, West Sussex, RH12 3JJ.
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.
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:
Leasehold Nil
Fixtures & Fittings 20% reducing balance
Computer Equipment 20% 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2023: 20)
20 20
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 313,839 112,689 4,746 431,274
Additions - 2,450 5,325 7,775
As at 31 January 2024 313,839 115,139 10,071 439,049
Depreciation
As at 1 February 2023 - 79,462 2,600 82,062
Provided during the period - 6,997 910 7,907
As at 31 January 2024 - 86,459 3,510 89,969
Net Book Value
As at 31 January 2024 313,839 28,680 6,561 349,080
As at 1 February 2023 313,839 33,227 2,146 349,212
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Page 4
5. Stocks
2024 2023
£ £
Stocks of finished goods 12,400 12,400
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,848 224
Other debtors 28,834 28,288
30,682 28,512
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 48,995 49,688
Bank loans and overdrafts 23,723 10,000
Other loans 26,132 10,000
Other creditors 8,461 11,265
Taxation and social security 88,835 86,214
196,146 167,167
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 13,331 23,334
Other loans 329,976 354,828
343,307 378,162
9. Loans
An analysis of the maturity of loans is given below:
2024 2023
£ £
Amounts falling due within one year or on demand:
Bank loans 10,000 10,000
Other loans 26,132 10,000
36,132 20,000
2024 2023
£ £
Amounts falling due between one and five years:
Bank loans 13,331 23,334
Other loans 329,976 354,828
343,307 378,162
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Page 5
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 5