Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06525337 Mr Steve Parker Mrs Sharona Parker Mr Steve Parker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06525337 2023-03-31 06525337 2024-03-31 06525337 2023-04-01 2024-03-31 06525337 frs-core:CurrentFinancialInstruments 2024-03-31 06525337 frs-core:Non-currentFinancialInstruments 2024-03-31 06525337 frs-core:ComputerEquipment 2024-03-31 06525337 frs-core:ComputerEquipment 2023-04-01 2024-03-31 06525337 frs-core:ComputerEquipment 2023-03-31 06525337 frs-core:FurnitureFittings 2024-03-31 06525337 frs-core:FurnitureFittings 2023-04-01 2024-03-31 06525337 frs-core:FurnitureFittings 2023-03-31 06525337 frs-core:PlantMachinery 2024-03-31 06525337 frs-core:PlantMachinery 2023-04-01 2024-03-31 06525337 frs-core:PlantMachinery 2023-03-31 06525337 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06525337 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 06525337 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06525337 frs-bus:SmallEntities 2023-04-01 2024-03-31 06525337 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06525337 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06525337 frs-bus:Director1 2023-04-01 2024-03-31 06525337 frs-bus:Director2 2023-04-01 2024-03-31 06525337 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06525337 frs-countries:EnglandWales 2023-04-01 2024-03-31 06525337 2022-03-31 06525337 2023-03-31 06525337 2022-04-01 2023-03-31 06525337 frs-core:CurrentFinancialInstruments 2023-03-31 06525337 frs-core:Non-currentFinancialInstruments 2023-03-31 06525337 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06525337
Oakwood Denbury Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06525337
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 63,398 69,981
63,398 69,981
CURRENT ASSETS
Stocks 5 - 700
Cash at bank and in hand - 1,771
- 2,471
Creditors: Amounts Falling Due Within One Year 6 (197,178 ) (168,571 )
NET CURRENT ASSETS (LIABILITIES) (197,178 ) (166,100 )
TOTAL ASSETS LESS CURRENT LIABILITIES (133,780 ) (96,119 )
Creditors: Amounts Falling Due After More Than One Year 7 (3,343 ) (13,349 )
NET LIABILITIES (137,123 ) (109,468 )
Income and Expenditure Account (137,123 ) (109,468 )
MEMBERS' FUNDS (137,123) (109,468)
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Page 2
For the year ending 31 March 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 Steve Parker
Director
19/03/2025
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
Oakwood Denbury Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 06525337 . The registered office is Riversdale, Ashburton Road, Totnes, TQ9 5JU.
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 10
Improvements to property 10
Computer Equipment 10
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Improvements to property Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 40,003 88,369 1,126 129,498
Additions 120 340 - 460
As at 31 March 2024 40,123 88,709 1,126 129,958
Depreciation
As at 1 April 2023 25,101 34,063 353 59,517
Provided during the period 1,503 5,463 77 7,043
As at 31 March 2024 26,604 39,526 430 66,560
...CONTINUED
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Net Book Value
As at 31 March 2024 13,519 49,183 696 63,398
As at 1 April 2023 14,902 54,306 773 69,981
5. Stocks
2024 2023
£ £
Stock - 700
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 691 2,493
Bank loans and overdrafts 4,103 5,152
Other creditors 192,384 160,926
197,178 168,571
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,343 13,349
8. 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, every member is liable to contribute a maximum amount of £5 towards the payment of the company's debts.
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