Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08227458 Mr Ian Scott Mr Karol Turbak Mr Ian Scott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08227458 2023-08-31 08227458 2024-08-31 08227458 2023-09-01 2024-08-31 08227458 frs-core:CurrentFinancialInstruments 2024-08-31 08227458 frs-core:ComputerEquipment 2024-08-31 08227458 frs-core:ComputerEquipment 2023-09-01 2024-08-31 08227458 frs-core:ComputerEquipment 2023-08-31 08227458 frs-core:FurnitureFittings 2024-08-31 08227458 frs-core:FurnitureFittings 2023-09-01 2024-08-31 08227458 frs-core:FurnitureFittings 2023-08-31 08227458 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 08227458 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 08227458 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-31 08227458 frs-core:PlantMachinery 2024-08-31 08227458 frs-core:PlantMachinery 2023-09-01 2024-08-31 08227458 frs-core:PlantMachinery 2023-08-31 08227458 frs-core:ShareCapital 2024-08-31 08227458 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08227458 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08227458 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08227458 frs-bus:SmallEntities 2023-09-01 2024-08-31 08227458 frs-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 08227458 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08227458 frs-bus:Director1 2023-09-01 2024-08-31 08227458 frs-bus:Director2 2023-09-01 2024-08-31 08227458 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 08227458 frs-countries:EnglandWales 2023-09-01 2024-08-31 08227458 2022-08-31 08227458 2023-08-31 08227458 2022-09-01 2023-08-31 08227458 frs-core:CurrentFinancialInstruments 2023-08-31 08227458 frs-core:ShareCapital 2023-08-31 08227458 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08227458
Countrywide Bars Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Michael Paul Accountants Limited
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Countrywide Bars Limited for the year ended 31 August 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Countrywide Bars Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Countrywide Bars Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Countrywide Bars Limited and state those matters that we have agreed to state to the directors of Countrywide Bars Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Countrywide Bars Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Countrywide Bars Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Countrywide Bars Limited . You consider that Countrywide Bars Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Countrywide Bars Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
14/01/2025
Michael Paul Accountants Limited
A member of the Association of Chartered Certified Accountants
Studio 2, Lamport Manor
Old Road, Lamport
Northampton
Northamptonshire
NN6 9HF
Page 1
Page 2
Balance Sheet
Registered number: 08227458
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,441 8,878
9,441 8,878
CURRENT ASSETS
Stocks 5 1,700 1,600
Debtors 6 7,103 5,465
Cash at bank and in hand 210,044 192,166
218,847 199,231
Creditors: Amounts Falling Due Within One Year 7 (56,965 ) (54,526 )
NET CURRENT ASSETS (LIABILITIES) 161,882 144,705
TOTAL ASSETS LESS CURRENT LIABILITIES 171,323 153,583
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,794 ) (1,687 )
NET ASSETS 169,529 151,896
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 169,429 151,796
SHAREHOLDERS' FUNDS 169,529 151,896
Page 2
Page 3
For the year ending 31 August 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 Ian Scott
Director
14/01/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Countrywide Bars Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08227458 . The registered office is 4a St. Marys Road, Market Harborough, LE16 7DU.
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.
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:
Leasehold Nil
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% on cost
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
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 12)
13 12
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2023 3,000 11,843 18,060 608 33,511
Additions - - 2,184 - 2,184
As at 31 August 2024 3,000 11,843 20,244 608 35,695
Depreciation
As at 1 September 2023 - 9,327 14,901 405 24,633
Provided during the period - 629 789 203 1,621
As at 31 August 2024 - 9,956 15,690 608 26,254
Net Book Value
As at 31 August 2024 3,000 1,887 4,554 - 9,441
As at 1 September 2023 3,000 2,516 3,159 203 8,878
5. Stocks
2024 2023
£ £
Stock 1,700 1,600
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,653 189
Other debtors 450 5,276
7,103 5,465
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Page 6
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,978 1,956
Other creditors 14,853 7,984
Taxation and social security 40,134 44,586
56,965 54,526
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 6