Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 07640507 Mr Melvyn Norris Mr David Morton MKL Secretaries Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07640507 2022-12-31 07640507 2023-12-31 07640507 2023-01-01 2023-12-31 07640507 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07640507 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 07640507 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07640507 frs-bus:SmallEntities 2023-01-01 2023-12-31 07640507 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07640507 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07640507 frs-bus:Director1 2023-01-01 2023-12-31 07640507 frs-bus:Director2 2023-01-01 2023-12-31 07640507 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 07640507 frs-countries:EnglandWales 2023-01-01 2023-12-31 07640507 2021-12-31 07640507 2022-12-31 07640507 2022-01-01 2022-12-31 07640507 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07640507
Swanage Museum
Unaudited Financial Statements
For The Year Ended 31 December 2023
MKL Accountants Limited
Chartered Certified Accountants
Herston Cross House
230 High Street
Swanage
Dorset
BH19 2PQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 07640507
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 19,168 13,701
Cash at bank and in hand 796 1,797
19,964 15,498
NET CURRENT ASSETS (LIABILITIES) 19,964 15,498
TOTAL ASSETS LESS CURRENT LIABILITIES 19,964 15,498
NET ASSETS 19,964 15,498
Income and Expenditure Account 19,964 15,498
MEMBERS' FUNDS 19,964 15,498
Page 1
Page 2
For the year ending 31 December 2023 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 Melvyn Norris
Director
24/03/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Swanage Museum is a private company, limited by guarantee, incorporated in England & Wales, registered number 07640507 . The registered office is Herston Cross House, 230 High Street, Swanage, Dorset, BH19 2PQ.
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. 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: 4 (2022: 4)
4 4
4. Stocks
2023 2022
£ £
Finished goods 19,168 13,701
5. 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 3