Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08621435 Mr W Dickinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08621435 2023-03-31 08621435 2024-03-31 08621435 2023-04-01 2024-03-31 08621435 frs-core:CurrentFinancialInstruments 2024-03-31 08621435 frs-core:Non-currentFinancialInstruments 2024-03-31 08621435 frs-core:PlantMachinery 2024-03-31 08621435 frs-core:PlantMachinery 2023-04-01 2024-03-31 08621435 frs-core:PlantMachinery 2023-03-31 08621435 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08621435 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 08621435 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08621435 frs-bus:SmallEntities 2023-04-01 2024-03-31 08621435 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08621435 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08621435 frs-bus:Director1 2023-04-01 2024-03-31 08621435 frs-countries:EnglandWales 2023-04-01 2024-03-31 08621435 2022-03-31 08621435 2023-03-31 08621435 2022-04-01 2023-03-31 08621435 frs-core:CurrentFinancialInstruments 2023-03-31 08621435 frs-core:Non-currentFinancialInstruments 2023-03-31 08621435 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08621435
Ospringe Health and Fitness Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Malcolm Horton & Co
57 Windmill Street
Gravesend
Kent
DA12 1BB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08621435
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,343 3,124
2,343 3,124
CURRENT ASSETS
Debtors 5 - 3,725
Cash at bank and in hand 63,805 48,246
63,805 51,971
Creditors: Amounts Falling Due Within One Year 6 (39,232 ) (35,263 )
NET CURRENT ASSETS (LIABILITIES) 24,573 16,708
TOTAL ASSETS LESS CURRENT LIABILITIES 26,916 19,832
Creditors: Amounts Falling Due After More Than One Year 7 (30,833 ) (33,883 )
NET LIABILITIES (3,917 ) (14,051 )
Income and Expenditure Account (3,917 ) (14,051 )
MEMBERS' FUNDS (3,917) (14,051)
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 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 Income and Expenditure Account.
On behalf of the board
Mr W Dickinson
Director
18th October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ospringe Health and Fitness Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 08621435 . The registered office is 57 Windmill Street, Gravesend, Kent, DA12 1BB.
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 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 3)
6 3
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 16,859
As at 31 March 2024 16,859
Depreciation
As at 1 April 2023 13,735
Provided during the period 781
As at 31 March 2024 14,516
Net Book Value
As at 31 March 2024 2,343
As at 1 April 2023 3,124
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 3,725
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 11,293
Other creditors 38,920 23,970
Taxation and social security 312 -
39,232 35,263
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 30,833 33,883
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.
Page 4