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 10905943 Mr T Jackson Mrs S S Ford Mr T Gardener Professor J B Hunt Mrs E L Harvey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10905943 2023-08-31 10905943 2024-08-31 10905943 2023-09-01 2024-08-31 10905943 frs-core:CurrentFinancialInstruments 2024-08-31 10905943 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 10905943 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 10905943 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-31 10905943 frs-core:PlantMachinery 2024-08-31 10905943 frs-core:PlantMachinery 2023-09-01 2024-08-31 10905943 frs-core:PlantMachinery 2023-08-31 10905943 frs-core:OtherReservesSubtotal 2024-08-31 10905943 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10905943 frs-bus:CompanyLimitedByGuarantee 2023-09-01 2024-08-31 10905943 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 10905943 frs-bus:SmallEntities 2023-09-01 2024-08-31 10905943 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10905943 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10905943 frs-bus:Director1 2023-09-01 2024-08-31 10905943 frs-bus:Director2 2023-09-01 2024-08-31 10905943 frs-bus:Director3 2023-09-01 2024-08-31 10905943 frs-bus:Director4 2023-09-01 2024-08-31 10905943 frs-bus:Director5 2023-09-01 2024-08-31 10905943 frs-countries:EnglandWales 2023-09-01 2024-08-31 10905943 2022-08-31 10905943 2023-08-31 10905943 2022-09-01 2023-08-31 10905943 frs-core:CurrentFinancialInstruments 2023-08-31 10905943 frs-core:OtherReservesSubtotal 2023-08-31 10905943 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 10905943
Blaenavon Workmens Hall Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10905943
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 123,064 123,448
123,064 123,448
CURRENT ASSETS
Stocks 5 1,512 561
Cash at bank and in hand 8,692 10,586
10,204 11,147
Creditors: Amounts Falling Due Within One Year 6 (1,580 ) (710 )
NET CURRENT ASSETS (LIABILITIES) 8,624 10,437
TOTAL ASSETS LESS CURRENT LIABILITIES 131,688 133,885
NET ASSETS 131,688 133,885
RESERVES
Other reserves 142,745 142,745
Income and Expenditure Account (11,057 ) (8,860 )
MEMBERS' FUNDS 131,688 133,885
Page 1
Page 2
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 Income and Expenditure Account.
On behalf of the board
Mr T Gardener
Director
24th February 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Blaenavon Workmens Hall Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 10905943 . The registered office is Blaenavon Workmens Hall 101 High Street, Blaenavon, Pontypool, NP4 9PT.
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:
Leasehold Not depreciated
Plant & Machinery 20% Straight Line
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
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 September 2023 121,914 1,917 123,831
As at 31 August 2024 121,914 1,917 123,831
Depreciation
As at 1 September 2023 - 383 383
Provided during the period - 384 384
As at 31 August 2024 - 767 767
Net Book Value
As at 31 August 2024 121,914 1,150 123,064
As at 1 September 2023 121,914 1,534 123,448
5. Stocks
2024 2023
£ £
Stock 1,512 561
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,580 710
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every memeber of the company undertakes to contribute to the assests of the company, in the event of winding up, such an amount as may be required not exceeding £1.
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