Acorah Software Products - Accounts Production 16.1.200 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 07270546 Mr Michael Barton Mr Andrew Gibbs Mr Jonathan Calladine Mr Michael Barton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07270546 2023-06-30 07270546 2024-06-30 07270546 2023-07-01 2024-06-30 07270546 frs-core:PlantMachinery 2023-07-01 2024-06-30 07270546 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 07270546 frs-bus:CompanyLimitedByGuarantee 2023-07-01 2024-06-30 07270546 frs-bus:AbridgedAccounts 2023-07-01 2024-06-30 07270546 frs-bus:SmallEntities 2023-07-01 2024-06-30 07270546 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07270546 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 07270546 frs-core:CostValuation 2023-06-30 07270546 frs-core:CostValuation 2024-06-30 07270546 frs-bus:Director1 2023-07-01 2024-06-30 07270546 frs-bus:Director2 2023-07-01 2024-06-30 07270546 frs-bus:Director3 2023-07-01 2024-06-30 07270546 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 07270546 frs-countries:EnglandWales 2023-07-01 2024-06-30 07270546 2022-06-30 07270546 2023-06-30 07270546 2022-07-01 2023-06-30 07270546 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 07270546
Bristol Owners & Drivers Association Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 June 2024
David H Evans Ltd
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 07270546
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,603 -
Investments 5 1 1
2,604 1
CURRENT ASSETS
Stocks 378 317
Debtors 8,578 7,465
Cash at bank and in hand 22,663 25,339
31,619 33,121
Creditors: Amounts Falling Due Within One Year (959 ) (961 )
NET CURRENT ASSETS (LIABILITIES) 30,660 32,160
TOTAL ASSETS LESS CURRENT LIABILITIES 33,264 32,161
NET ASSETS 33,264 32,161
Income and Expenditure Account 33,264 32,161
MEMBERS' FUNDS 33,264 32,161
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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 Income and Expenditure Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 June 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Jonathan Calladine
Director
07/01/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Bristol Owners & Drivers Association Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 07270546 . The registered office is Unit 27b Mitton Road Business Park, Mitton Road, Whalley, Clitheroe, BB7 9YE.
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
Income is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Income includes revenue earned from the sale of goods and from the rendering of services. Income is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Income 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
Income 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. Income 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 Straight line over 5 years
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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
There is no taxation on member activities, but taxation does apply to any investment activities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Tangible Assets
Total
£
Cost
As at 1 July 2023 -
Additions 3,003
As at 30 June 2024 3,003
Depreciation
As at 1 July 2023 -
Provided during the period 400
As at 30 June 2024 400
Net Book Value
As at 30 June 2024 2,603
As at 1 July 2023 -
5. Investments
Total
£
Cost
As at 1 July 2023 1
As at 30 June 2024 1
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 1
As at 1 July 2023 1
Investments in subsidiaries relates to the 100% owned subsidiary, Pegasus Classic Parts Limited.
6. 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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