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 05266081 Mr M J Bradford Mr A Ringner Ms T R Ringner Mr M W Thwaites Ms H B Ringner Mr N A Ringner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05266081 2023-04-30 05266081 2024-04-30 05266081 2023-05-01 2024-04-30 05266081 frs-core:CurrentFinancialInstruments 2024-04-30 05266081 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 05266081 frs-core:FurnitureFittings 2024-04-30 05266081 frs-core:FurnitureFittings 2023-05-01 2024-04-30 05266081 frs-core:FurnitureFittings 2023-04-30 05266081 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 05266081 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05266081 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 05266081 frs-core:MotorVehicles 2024-04-30 05266081 frs-core:MotorVehicles 2023-05-01 2024-04-30 05266081 frs-core:MotorVehicles 2023-04-30 05266081 frs-core:OtherResidualIntangibleAssets 2024-04-30 05266081 frs-core:OtherResidualIntangibleAssets 2023-05-01 2024-04-30 05266081 frs-core:OtherResidualIntangibleAssets 2023-04-30 05266081 frs-core:PlantMachinery 2024-04-30 05266081 frs-core:PlantMachinery 2023-05-01 2024-04-30 05266081 frs-core:PlantMachinery 2023-04-30 05266081 frs-core:ShareCapital 2024-04-30 05266081 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 05266081 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05266081 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 05266081 frs-bus:SmallEntities 2023-05-01 2024-04-30 05266081 frs-bus:Audited 2023-05-01 2024-04-30 05266081 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 05266081 frs-core:DeferredTaxation 2023-05-01 2024-04-30 05266081 frs-core:DeferredTaxation 2023-04-30 05266081 frs-core:DeferredTaxation 2024-04-30 05266081 frs-bus:Director1 2023-05-01 2024-04-30 05266081 frs-bus:Director2 2023-05-01 2024-04-30 05266081 frs-bus:Director3 2023-05-01 2024-04-30 05266081 frs-bus:Director4 2023-05-01 2024-04-30 05266081 frs-bus:Director5 2023-05-01 2024-04-30 05266081 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 05266081 frs-core:CurrentFinancialInstruments 1 2024-04-30 05266081 frs-countries:EnglandWales 2023-05-01 2024-04-30 05266081 2022-04-30 05266081 2023-04-30 05266081 2022-05-01 2023-04-30 05266081 frs-core:CurrentFinancialInstruments 2023-04-30 05266081 frs-core:ShareCapital 2023-04-30 05266081 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 05266081 frs-core:CurrentFinancialInstruments 1 2023-04-30
Clifton Lido Limited
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—8
Page 1
Balance Sheet
Registered number: 05266081
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 17,952 19,119
Tangible Assets 5 1,314,135 1,284,190
1,332,087 1,303,309
CURRENT ASSETS
Stocks 6 30,206 23,618
Debtors 7 60,962 61,866
Cash at bank and in hand 899,259 1,348,950
990,427 1,434,434
Creditors: Amounts Falling Due Within One Year 8 (1,587,935 ) (1,649,325 )
NET CURRENT ASSETS (LIABILITIES) (597,508 ) (214,891 )
TOTAL ASSETS LESS CURRENT LIABILITIES 734,579 1,088,418
PROVISIONS FOR LIABILITIES
Deferred Taxation (52,809 ) (25,106 )
NET ASSETS 681,770 1,063,312
CAPITAL AND RESERVES
Called up share capital 10 179,623 179,623
Profit and Loss Account 502,147 883,689
SHAREHOLDERS' FUNDS 681,770 1,063,312
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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 A Ringner
Director
28 January 2025
The notes on pages 3 to 8 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Clifton Lido Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05266081 . The registered office is 25 St. Matthews Road, Bristol, BS6 5TT.
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:
Freehold 3.33% on cost
Plant & Machinery 15% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.
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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; 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. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and
Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or
directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
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2.9. 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.
2.10. Key accounting judgments and sources of estimation uncertainty
In the application of the group's accounting policies management is required to make judgements, estimates and
assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources.
The estimates and underlying assumptions are based on historical experience and other factors that are
considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates
are recognised in the period in which the estimate is revised if the revision affects only that period, or in the
period of the revision and future periods if the revision affects both current and future periods.
The key judgement which has a significant effect on the financial statements of the group is in respect of going
concern, as described in the accounting policy above.
The key estimate that has a significant effect on the financial statements is in respect of intercompany debtors.
The carrying amount is NIL (2023 - £2,537).
3. Average Number of Employees
Average number of employees, including directors, during the year was: 94 (2023: 88)
94 88
4. Intangible Assets
Other
£
Cost
As at 1 May 2023 36,526
Additions 2,000
As at 30 April 2024 38,526
Amortisation
As at 1 May 2023 17,407
Provided during the period 3,167
As at 30 April 2024 20,574
Net Book Value
As at 30 April 2024 17,952
As at 1 May 2023 19,119
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5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 May 2023 2,023,579 629,349 9,750 377,932 3,040,610
Additions - 121,229 25,660 3,753 150,642
Disposals - - (9,750 ) - (9,750 )
As at 30 April 2024 2,023,579 750,578 25,660 381,685 3,181,502
Depreciation
As at 1 May 2023 921,069 508,992 8,774 317,585 1,756,420
Provided during the period 67,453 36,238 6,415 9,615 119,721
Disposals - - (8,774 ) - (8,774 )
As at 30 April 2024 988,522 545,230 6,415 327,200 1,867,367
Net Book Value
As at 30 April 2024 1,035,057 205,348 19,245 54,485 1,314,135
As at 1 May 2023 1,102,510 120,357 976 60,347 1,284,190
6. Stocks
2024 2023
£ £
Stock 30,206 23,618
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 415 4,954
Prepayments 60,547 54,375
Amounts owed by group undertakings - 2,537
60,962 61,866
Amounts owed by group undertakings are unsecured, interest free and repayable on demand.
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 140,403 165,004
Corporation tax 34,762 239,682
Other taxes and social security 162,821 152,264
Other creditors 32,461 34,751
Accruals and deferred income 1,166,893 1,021,213
Directors' loan accounts 4,727 -
Amounts owed to group undertakings 45,868 36,411
1,587,935 1,649,325
Amounts owed to group undertakings are unsecured, interest free and repayable on demand.
9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 May 2023 25,106 25,106
Deferred taxation 27,703 27,703
Balance at 30 April 2024 52,809 52,809
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 179,623 179,623
11. Pension Commitments
The company operates a defined contribution pension scheme for the qualifying directors and employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £8,801 (2023 - £6,475) were due to the fund. They are included in other creditors. 
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
42,571
9,910
image
image
42,571
image
9,910
image
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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 Clifton 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.
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