Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 03584160 Mr Stephen Burke Mr Clive Clifford Mr Martin Figg Christopher Fryer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03584160 2023-12-31 03584160 2024-12-31 03584160 2024-01-01 2024-12-31 03584160 frs-core:CurrentFinancialInstruments 2024-12-31 03584160 frs-core:PlantMachinery 2024-12-31 03584160 frs-core:PlantMachinery 2024-01-01 2024-12-31 03584160 frs-core:PlantMachinery 2023-12-31 03584160 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03584160 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 03584160 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03584160 frs-bus:SmallEntities 2024-01-01 2024-12-31 03584160 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03584160 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03584160 frs-bus:Director1 2024-01-01 2024-12-31 03584160 frs-bus:Director2 2024-01-01 2024-12-31 03584160 frs-bus:Director3 2024-01-01 2024-12-31 03584160 frs-bus:Director4 2024-01-01 2024-12-31 03584160 frs-countries:EnglandWales 2024-01-01 2024-12-31 03584160 2022-12-31 03584160 2023-12-31 03584160 2023-01-01 2023-12-31 03584160 frs-core:CurrentFinancialInstruments 2023-12-31 03584160 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 03584160
Quayside (Weymouth) Management Company Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Advoco (SW) Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 03584160
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 310 364
310 364
CURRENT ASSETS
Debtors 5 13,016 11,044
Cash at bank and in hand 165,131 149,704
178,147 160,748
Creditors: Amounts Falling Due Within One Year 6 (21,437 ) (11,674 )
NET CURRENT ASSETS (LIABILITIES) 156,710 149,074
TOTAL ASSETS LESS CURRENT LIABILITIES 157,020 149,438
NET ASSETS 157,020 149,438
Income and Expenditure Account 157,020 149,438
MEMBERS' FUNDS 157,020 149,438
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 Martin Figg
Director
21 February 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Quayside (Weymouth) Management Company Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 03584160 . The registered office is 14a Albany Road, Weymouth, Dorset, DT4 9TH.
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. 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.
2.3. 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:
Plant & Machinery 15% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 428
As at 31 December 2024 428
Depreciation
As at 1 January 2024 64
Provided during the period 54
As at 31 December 2024 118
Net Book Value
As at 31 December 2024 310
As at 1 January 2024 364
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Page 3
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 11,096 10,139
Maintenance charges in arrears 1,920 905
13,016 11,044
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 490 1,762
Maintenance charges in advance 20,047 9,072
Accruals 900 840
21,437 11,674
7. Reserves
The reserves at the end of the financial year were £157,020
£85,995 is held in reserves for the external decoration.
A further £34,147  is held in reserve as a longer term sinking fund.
The remaining £36,878  is a general reserve.
The bank balance at the year was £165,112. The Directors consider that this will cover any forthcoming expenditure over the next year.
8. Other Information
The Company owns the freehold of 1 - 37 Quayside Court and 10 - 22 West Street, Weymouth which it acquired at nil value.
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