Acorah Software Products - Accounts Production 16.1.300 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 05492595 Mr Nicholas Clarke Mr Nicholas Davis Mr Nicholas Clarke Bank House, 81 St Judes Road, Englefield Green, TW20 0DF true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05492595 2023-04-30 05492595 2024-04-30 05492595 2023-05-01 2024-04-30 05492595 frs-core:CurrentFinancialInstruments 2024-04-30 05492595 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 05492595 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 05492595 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 05492595 frs-core:PlantMachinery 2024-04-30 05492595 frs-core:PlantMachinery 2023-05-01 2024-04-30 05492595 frs-core:PlantMachinery 2023-04-30 05492595 frs-core:ShareCapital 2024-04-30 05492595 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 05492595 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05492595 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 05492595 frs-bus:SmallEntities 2023-05-01 2024-04-30 05492595 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 05492595 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 05492595 1 2023-05-01 2024-04-30 05492595 frs-bus:Director1 2023-05-01 2024-04-30 05492595 frs-bus:Director2 2023-05-01 2024-04-30 05492595 frs-countries:EnglandWales 2023-05-01 2024-04-30 05492595 2022-04-30 05492595 2023-04-30 05492595 2022-05-01 2023-04-30 05492595 frs-core:CurrentFinancialInstruments 2023-04-30 05492595 frs-core:ShareCapital 2023-04-30 05492595 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 05492595
Brackenwood Polo Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Directors Mr Nicholas Clarke
Mr Nicholas Davis
Company Number 05492595
Registered Office Marlborough House
298 Regents Park Road
London
N3 2SZ
Bankers Bank of Scotland plc
The Mound
Edinburgh
EH1 1YZ
Solicitors Mishcon de Reya
Africa House
70 Kingsway
London
WC2B 6AH
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Balance Sheet
Registered number: 05492595
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 554,745 142,649
Investments 289,025 257,485
843,770 400,134
CURRENT ASSETS
Stock 1,173,677 449,676
Debtors 5 57,903 31,269
Cash at bank and in hand 251,348 55,321
1,482,928 536,266
Creditors: Amounts Falling Due Within One Year 6 (6,377,902 ) (4,614,077 )
NET CURRENT ASSETS (LIABILITIES) (4,894,974 ) (4,077,811 )
TOTAL ASSETS LESS CURRENT LIABILITIES (4,051,204 ) (3,677,677 )
NET LIABILITIES (4,051,204 ) (3,677,677 )
CAPITAL AND RESERVES
Called up share capital 7 3,891,876 3,891,876
Profit and Loss Account (7,943,080 ) (7,569,553 )
SHAREHOLDERS' FUNDS (4,051,204) (3,677,677)
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For the year ending 30 April 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 Nicholas Clarke
Director
27 January 2025
The notes on pages 4 to 5 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Brackenwood Polo Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05492595 . The registered office is Marlborough House, 298 Regents Park Road, London, N3 2SZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
he financial statements are prepared in GBP which is the functional currency of Brackenwood Polo Limited (the 'Company'). The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the requirements of the Companies Act 2006 as applied to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The principal accounting policies adopted are set out below.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis, the validity of which is dependent on the continuing financial support of the ultimate parent company and shareholder. The directors and shareholder of the ultimate parent company have confirmed this support will continue and will enable the company to trade for the foreseeable future and meet its financial commitments as they fall due.
2.3. 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. 
2.4. 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 Period of the lease
Plant & Machinery 3 to 5 years
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.6. Stocks
Stocks in the balance sheet relate to horses and ponies owned by the company and are valued at the lower of cost and net realisable value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 3)
5 3
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 May 2023 1,648,002 377,850 2,025,852
Additions 358,548 97,355 455,903
As at 30 April 2024 2,006,550 475,205 2,481,755
...CONTINUED
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Depreciation
As at 1 May 2023 1,549,591 333,612 1,883,203
Provided during the period 21,962 21,845 43,807
As at 30 April 2024 1,571,553 355,457 1,927,010
Net Book Value
As at 30 April 2024 434,997 119,748 554,745
As at 1 May 2023 98,411 44,238 142,649
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 825 11,506
Other debtors 57,078 19,763
57,903 31,269
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 166,131 78,563
Other taxes and social security 2,589 246
Other creditors 7,232 7,211
Directors' loan accounts 142,588 -
Amounts owed to related parties 6,059,362 4,528,057
6,377,902 4,614,077
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3,891,876 3,891,876
8. Related Party Transactions
All transactions with related parties are made at normal market prices. Except for the transactions listed below, there have been no transactions with related parties who are not members of the group during the year ended 30 April 2024.
The company had intercompany transactions of £1,531,305 (2023: £560,221) with Curzon Resources Ltd during the year, a company under common control of the director Mr Nicholas Clarke, owing £6,059,362 (2023: £4,528,057) at the year-end.
The company had intercompany transactions of £461,359 (2023: £473,354) with Curzon Uranium Limited during the year, a company under common control of the director Mr Nicholas Clarke, being owed nil (2023: nill) at the year-end. 
The company had transactions of £142,588 (2023: £58,948l) with Mr Nicholas Clarke a director, during the year, owing £142,588 (2023: nil) at year-end.
9. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Salkeld Limited . Salkeld Limited was incorporated in England.  The ultimate controlling party is Mr Nicholas Clarke .
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