Acorah Software Products - Accounts Production 16.0.110 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04994127 Miss Rebecca HODGSON Mr Peter Graham BAKER Mr Michael Musgrave MCGILLIGAN Mrs Elaine OVERINGTON Mrs Katherine Louise RENNISON iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04994127 2023-12-31 04994127 2024-12-31 04994127 2024-01-01 2024-12-31 04994127 frs-core:CurrentFinancialInstruments 2024-12-31 04994127 frs-core:Non-currentFinancialInstruments 2024-12-31 04994127 frs-core:FurnitureFittings 2024-12-31 04994127 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04994127 frs-core:FurnitureFittings 2023-12-31 04994127 frs-core:PlantMachinery 2024-12-31 04994127 frs-core:PlantMachinery 2024-01-01 2024-12-31 04994127 frs-core:PlantMachinery 2023-12-31 04994127 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04994127 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 04994127 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04994127 frs-bus:SmallEntities 2024-01-01 2024-12-31 04994127 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04994127 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04994127 frs-bus:Director1 2024-01-01 2024-12-31 04994127 frs-bus:Director2 2024-01-01 2024-12-31 04994127 frs-bus:Director3 2024-01-01 2024-12-31 04994127 frs-bus:Director4 2024-01-01 2024-12-31 04994127 frs-bus:Director5 2024-01-01 2024-12-31 04994127 frs-countries:EnglandWales 2024-01-01 2024-12-31 04994127 2022-12-31 04994127 2023-12-31 04994127 2023-01-01 2023-12-31 04994127 frs-core:CurrentFinancialInstruments 2023-12-31 04994127 frs-core:Non-currentFinancialInstruments 2023-12-31 04994127 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04994127
The Holbrook Club
Unaudited Financial Statements
For The Year Ended 31 December 2024
Tangerine Tax Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04994127
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,786 16,269
33,786 16,269
CURRENT ASSETS
Stocks 5 5,406 5,406
Debtors 6 47,963 34,015
Cash at bank and in hand 86,429 86,380
139,798 125,801
Creditors: Amounts Falling Due Within One Year 7 (64,736 ) (63,268 )
NET CURRENT ASSETS (LIABILITIES) 75,062 62,533
TOTAL ASSETS LESS CURRENT LIABILITIES 108,848 78,802
Creditors: Amounts Falling Due After More Than One Year 8 (8,977 ) -
NET ASSETS 99,871 78,802
Income and Expenditure Account 99,871 78,802
MEMBERS' FUNDS 99,871 78,802
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Page 2
For the year ending 31 December 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.
On behalf of the board
Mr Peter Graham BAKER
Director
12/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Holbrook Club is a private company, limited by guarantee, incorporated in England & Wales, registered number 04994127 . The registered office is Club Office, North Heath Lane, Horsham, West Sussex, RH12 5PJ.
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. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover 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
Turnover 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Plant & Machinery 10% - 50% straight line
Fixtures & Fittings 5% - 10% straight line
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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 12)
12 12
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 465,078 208,326 673,404
Additions 33,313 8,579 41,892
As at 31 December 2024 498,391 216,905 715,296
Depreciation
As at 1 January 2024 449,532 207,603 657,135
Provided during the period 20,276 4,099 24,375
As at 31 December 2024 469,808 211,702 681,510
Net Book Value
As at 31 December 2024 28,583 5,203 33,786
As at 1 January 2024 15,546 723 16,269
5. Stocks
2024 2023
£ £
Finished goods 5,406 5,406
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,170 12,685
Prepayments and accrued income 28,223 21,330
Other debtors 9,570 -
47,963 34,015
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 10,928 7,916
Bank loans and overdrafts 587 -
Other taxes and social security 4,979 4,821
VAT 4,421 4,260
Net wages 1 -
Other creditors 9,229 7,714
Accruals and deferred income 34,591 38,557
64,736 63,268
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,977 -
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9. 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.
Page 5