Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 28 January 2025 1 May 2023 30 April 2024 30 April 2024 08802039 Mr M J Bradford Mr M W Thwaites Mr N A Ringner Ms T R Ringner Ms H B Ringner Mr A Ringner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08802039 2023-04-30 08802039 2024-04-30 08802039 2023-05-01 2024-04-30 08802039 frs-core:CurrentFinancialInstruments 2024-04-30 08802039 frs-core:ComputerEquipment 2024-04-30 08802039 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08802039 frs-core:ComputerEquipment 2023-04-30 08802039 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 08802039 frs-core:FurnitureFittings 2024-04-30 08802039 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08802039 frs-core:FurnitureFittings 2023-04-30 08802039 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 08802039 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 08802039 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 08802039 frs-core:OtherResidualIntangibleAssets 2024-04-30 08802039 frs-core:OtherResidualIntangibleAssets 2023-05-01 2024-04-30 08802039 frs-core:OtherResidualIntangibleAssets 2023-04-30 08802039 frs-core:PlantMachinery 2024-04-30 08802039 frs-core:PlantMachinery 2023-05-01 2024-04-30 08802039 frs-core:PlantMachinery 2023-04-30 08802039 frs-core:SharePremium 2024-04-30 08802039 frs-core:ShareCapital 2024-04-30 08802039 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08802039 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08802039 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08802039 frs-bus:SmallEntities 2023-05-01 2024-04-30 08802039 frs-bus:Audited 2023-05-01 2024-04-30 08802039 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08802039 frs-core:CostValuation 2023-04-30 08802039 frs-core:CostValuation 2024-04-30 08802039 frs-core:ProvisionsForImpairmentInvestments 2023-04-30 08802039 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 08802039 frs-bus:Director1 2023-05-01 2024-04-30 08802039 frs-bus:Director2 2023-05-01 2024-04-30 08802039 frs-bus:Director3 2023-05-01 2024-04-30 08802039 frs-bus:Director4 2023-05-01 2024-04-30 08802039 frs-bus:Director5 2023-05-01 2024-04-30 08802039 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 08802039 frs-core:CurrentFinancialInstruments 1 2024-04-30 08802039 frs-countries:EnglandWales 2023-05-01 2024-04-30 08802039 2022-04-30 08802039 2023-04-30 08802039 2022-05-01 2023-04-30 08802039 frs-core:CurrentFinancialInstruments 2023-04-30 08802039 frs-core:WithinOneYear 2023-04-30 08802039 frs-core:SharePremium 2023-04-30 08802039 frs-core:ShareCapital 2023-04-30 08802039 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 08802039 frs-core:CurrentFinancialInstruments 1 2023-04-30
Thames Lido Limited
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 08802039
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 15,148 17,821
Tangible Assets 5 3,464,118 3,566,040
Investments 6 1,000 1,000
3,480,266 3,584,861
CURRENT ASSETS
Stocks 7 23,824 18,335
Debtors 8 47,322 43,863
Cash at bank and in hand 810,009 535,664
881,155 597,862
Creditors: Amounts Falling Due Within One Year 9 (4,064,809 ) (4,232,106 )
NET CURRENT ASSETS (LIABILITIES) (3,183,654 ) (3,634,244 )
TOTAL ASSETS LESS CURRENT LIABILITIES 296,612 (49,383 )
NET ASSETS/(LIABILITIES) 296,612 (49,383 )
CAPITAL AND RESERVES
Called up share capital 10 35,613 35,613
Share premium account 334,550 334,550
Profit and Loss Account (73,551 ) (419,546 )
SHAREHOLDERS' FUNDS 296,612 (49,383)
Page 1
Page 2
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 N A Ringner
Director
28 January 2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Thames Lido Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08802039 . The registered office is Thames Lido, Napier Road, Reading, RG1 8FR.
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, excluding discounts, rebates,
value added tax and other sales taxes.
Revenue is recognised on provision of services to customers.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are stated in the balance sheet at cost, less and subsequent accumulated amortisation and
subsequent accumulated impairment losses.
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over
their useful lives as follows:
Software - 15% reducing balance
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 3.33%/33 years on cost
Plant & Machinery 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 15% on reducing balance
2.5. 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.
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2.6. Financial Instruments
Classification
The company holds the following financial instruments:
- Short term trade and other debtors and creditors;
- Short term intercompany debtors and creditors;
- Bank loans; and
- Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the
instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets
expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of
liabilities, when the company's obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently
carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after
taking account of impairment adjustments.
2.7. Deferred income
Membership income is recognised over the period to which the membership relates. Revenue related to prepaid
services and vouchers is recognised upon redemption of the services and vouchers. Deferred income balances
relate to that income to be recognised in future periods in respect of these income streams.
2.8. Capitalised finance costs
Finance costs relating to the lido redevelopment are capitalised in the period in which they arise. Capitalisation
of interest ceased at the time that the redevelopment project was completed.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 77 (2023: 69)
77 69
4. Intangible Assets
Other intangible assets
£
Cost
As at 1 May 2023 32,088
As at 30 April 2024 32,088
Amortisation
As at 1 May 2023 14,267
Provided during the period 2,673
As at 30 April 2024 16,940
...CONTINUED
Page 4
Page 5
Net Book Value
As at 30 April 2024 15,148
As at 1 May 2023 17,821
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 4,051,661 22,809 348,899 16,124 4,439,493
Additions - 54,932 8,525 6,371 69,828
Disposals (10,000 ) - - - (10,000 )
As at 30 April 2024 4,041,661 77,741 357,424 22,495 4,499,321
Depreciation
As at 1 May 2023 677,629 3,274 185,129 7,421 873,453
Provided during the period 122,475 11,170 25,844 2,261 161,750
As at 30 April 2024 800,104 14,444 210,973 9,682 1,035,203
Net Book Value
As at 30 April 2024 3,241,557 63,297 146,451 12,813 3,464,118
As at 1 May 2023 3,374,032 19,535 163,770 8,703 3,566,040
6. Investments
Other
£
Cost
As at 1 May 2023 1,000
As at 30 April 2024 1,000
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 1,000
As at 1 May 2023 1,000
This investment relates to Reading Hydro CBS Ltd. This is a minority share holding.
Page 5
Page 6
7. Stocks
2024 2023
£ £
Stock 23,824 18,335
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 15,056 14,953
Prepayments 32,266 28,910
47,322 43,863
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 84,095 82,322
Other loans 1,237,189 1,717,784
Other taxes and social security 151,475 134,098
Other creditors 41,270 35,605
Accruals and deferred income 724,962 696,586
Amounts owed to group undertakings 1,825,818 1,565,711
4,064,809 4,232,106
Amounts owed to group undertakings are interest free, unsecured and repayable on demand.
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 35,613 35,613
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year - 2,550
- 2,550
Page 6
Page 7
12. Related Party Transactions
During the year the following sales and purchases were made to companies under common control.
2024
2023
£
£
Bristol Bridge Company Limited - purchases
44,544
10,058
image
image
44,544
image
10,058
image
13. Parent Company
The parent of the smallest group in which these financial statements are consolidated is Glassington Limited, a company incorporated in England & Wales. The registered office of Glassington Limited is: 25 St Matthews Road, Bristol, BS6 5TT.
14. Audit Information
The auditor's report on the accounts of Thames Lido Limited for the year ended 30 April 2024 was unqualified.
The auditor's report was signed by Philip Evans BSc FCA (Senior Statutory Auditor) for and on behalf of PJE Chartered Accountants & Statutory Auditors , Statutory Auditor.
PJE Chartered Accountants & Statutory Auditors
2 Oakfield Road
Clifton
Bristol
BS8 2AL
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