Acorah Software Products - Accounts Production 16.0.110 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 08110443 Mr Andrew Lilly Mrs Jacqueline Lilly Adrem Accounting ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08110443 2023-06-30 08110443 2024-06-30 08110443 2023-07-01 2024-06-30 08110443 frs-core:CurrentFinancialInstruments 2024-06-30 08110443 frs-core:Non-currentFinancialInstruments 2024-06-30 08110443 frs-core:FurnitureFittings 2024-06-30 08110443 frs-core:FurnitureFittings 2023-07-01 2024-06-30 08110443 frs-core:FurnitureFittings 2023-06-30 08110443 frs-core:ShareCapital 2024-06-30 08110443 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 08110443 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08110443 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 08110443 frs-bus:SmallEntities 2023-07-01 2024-06-30 08110443 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 08110443 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08110443 frs-bus:Director1 2023-07-01 2024-06-30 08110443 frs-bus:Director2 2023-07-01 2024-06-30 08110443 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 08110443 frs-countries:EnglandWales 2023-07-01 2024-06-30 08110443 2022-06-30 08110443 2023-06-30 08110443 2022-07-01 2023-06-30 08110443 frs-core:CurrentFinancialInstruments 2023-06-30 08110443 frs-core:Non-currentFinancialInstruments 2023-06-30 08110443 frs-core:ShareCapital 2023-06-30 08110443 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 08110443
Bushwood Consultancy Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Adrem Accounting ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08110443
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,067 16,552
Investment Properties 5 386,846 386,846
397,913 403,398
CURRENT ASSETS
Cash at bank and in hand 475 1,742
475 1,742
Creditors: Amounts Falling Due Within One Year 6 (692 ) (669 )
NET CURRENT ASSETS (LIABILITIES) (217 ) 1,073
TOTAL ASSETS LESS CURRENT LIABILITIES 397,696 404,471
Creditors: Amounts Falling Due After More Than One Year 7 (74,245 ) (68,646 )
NET ASSETS 323,451 335,825
CAPITAL AND RESERVES
Called up share capital 8 335,348 335,348
Profit and Loss Account (11,897 ) 477
SHAREHOLDERS' FUNDS 323,451 335,825
Page 1
Page 2
For the year ending 30 June 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
Mr Andrew Lilly
Director
01/10/2024
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
Bushwood Consultancy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08110443 . The registered office is Wincham House, Greenfield Farm Trading Estate, Congleton, Cheshire, CW12 4TR.
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 20% Straight Line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 July 2023 36,758
As at 30 June 2024 36,758
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 July 2023 20,206
Provided during the period 5,485
As at 30 June 2024 25,691
Net Book Value
As at 30 June 2024 11,067
As at 1 July 2023 16,552
5. Investment Property
2024
£
Fair Value
As at 1 July 2023 and 30 June 2024 386,846
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Accruals and deferred income 693 669
692 669
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 74,245 68,646
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 335,348 335,348
Page 4