Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 05931069 Mrs Claire Dodson Stuart Dodson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05931069 2023-09-30 05931069 2024-09-30 05931069 2023-10-01 2024-09-30 05931069 frs-core:CurrentFinancialInstruments 2024-09-30 05931069 frs-core:ComputerEquipment 2024-09-30 05931069 frs-core:ComputerEquipment 2023-10-01 2024-09-30 05931069 frs-core:ComputerEquipment 2023-09-30 05931069 frs-core:FurnitureFittings 2024-09-30 05931069 frs-core:FurnitureFittings 2023-10-01 2024-09-30 05931069 frs-core:FurnitureFittings 2023-09-30 05931069 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 05931069 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 05931069 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 05931069 frs-core:PlantMachinery 2024-09-30 05931069 frs-core:PlantMachinery 2023-10-01 2024-09-30 05931069 frs-core:PlantMachinery 2023-09-30 05931069 frs-core:ShareCapital 2024-09-30 05931069 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 05931069 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05931069 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 05931069 frs-bus:SmallEntities 2023-10-01 2024-09-30 05931069 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 05931069 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 05931069 frs-bus:Director1 2023-10-01 2024-09-30 05931069 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 05931069 frs-countries:EnglandWales 2023-10-01 2024-09-30 05931069 2022-09-30 05931069 2023-09-30 05931069 2022-10-01 2023-09-30 05931069 frs-core:CurrentFinancialInstruments 2023-09-30 05931069 frs-core:ShareCapital 2023-09-30 05931069 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 05931069
Moats Way Equestrian Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05931069
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,778 7,257
6,778 7,257
CURRENT ASSETS
Stocks 5 6,087 6,742
Debtors 6 3,641 2,971
Cash at bank and in hand 8,697 5,569
18,425 15,282
Creditors: Amounts Falling Due Within One Year 7 (37,892 ) (36,983 )
NET CURRENT ASSETS (LIABILITIES) (19,467 ) (21,701 )
TOTAL ASSETS LESS CURRENT LIABILITIES (12,689 ) (14,444 )
NET LIABILITIES (12,689 ) (14,444 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (12,789 ) (14,544 )
SHAREHOLDERS' FUNDS (12,689) (14,444)
Page 1
Page 2
For the year ending 30 September 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 her 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 Claire Dodson
Director
25/11/2024
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
Moats Way Equestrian Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05931069 . The registered office is Unit 5, Avenue Business Park Brockley Road, Elsworth, Cambridge, CB23 4EY.
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:
Leasehold 10% Straight Line
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 33% 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: 8 (2023: 6)
8 6
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2023 18,035 19,429 3,285 1,347 42,096
Additions - - 900 - 900
As at 30 September 2024 18,035 19,429 4,185 1,347 42,996
...CONTINUED
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Page 4
Depreciation
As at 1 October 2023 12,272 18,222 2,998 1,347 34,839
Provided during the period 780 302 297 - 1,379
As at 30 September 2024 13,052 18,524 3,295 1,347 36,218
Net Book Value
As at 30 September 2024 4,983 905 890 - 6,778
As at 1 October 2023 5,763 1,207 287 - 7,257
5. Stocks
2024 2023
£ £
Stock 6,087 6,742
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,591 1,345
Other debtors 1,050 1,626
3,641 2,971
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,081 1,728
Bank loans and overdrafts 19,789 11,796
Other creditors 15,344 22,701
Taxation and social security 678 758
37,892 36,983
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4