Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 04035849 Mr Colin Croxford Mr William Pryor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04035849 2023-08-31 04035849 2024-08-31 04035849 2023-09-01 2024-08-31 04035849 frs-core:CurrentFinancialInstruments 2024-08-31 04035849 frs-core:FurnitureFittings 2024-08-31 04035849 frs-core:FurnitureFittings 2023-09-01 2024-08-31 04035849 frs-core:FurnitureFittings 2023-08-31 04035849 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 04035849 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04035849 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 04035849 frs-core:ShareCapital 2024-08-31 04035849 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 04035849 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04035849 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 04035849 frs-bus:SmallEntities 2023-09-01 2024-08-31 04035849 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04035849 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 04035849 frs-bus:Director1 2023-09-01 2024-08-31 04035849 frs-bus:Director2 2023-09-01 2024-08-31 04035849 frs-countries:EnglandWales 2023-09-01 2024-08-31 04035849 2022-08-31 04035849 2023-08-31 04035849 2022-09-01 2023-08-31 04035849 frs-core:CurrentFinancialInstruments 2023-08-31 04035849 frs-core:ShareCapital 2023-08-31 04035849 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 04035849
The Lynton Cinema Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Meadow Brook Accountancy
1, Duke Street
South Molton
Devon
EX36 3AL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04035849
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 189 441
189 441
CURRENT ASSETS
Stocks 5 650 750
Debtors 6 722 1,183
Cash at bank and in hand 21,046 20,732
22,418 22,665
Creditors: Amounts Falling Due Within One Year 7 (3,252 ) (1,994 )
NET CURRENT ASSETS (LIABILITIES) 19,166 20,671
TOTAL ASSETS LESS CURRENT LIABILITIES 19,355 21,112
NET ASSETS 19,355 21,112
CAPITAL AND RESERVES
Called up share capital 8 4 4
Profit and Loss Account 19,351 21,108
SHAREHOLDERS' FUNDS 19,355 21,112
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 Profit and Loss Account.
On behalf of the board
Mr Colin Croxford
Director
11th April 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
The Lynton Cinema Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04035849 . The registered office is Lee Road, Lynton, Devon, EX35 6BS.
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:
Freehold fully depreciated
Fixtures & Fittings 12.5% on cost
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: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 September 2023 4,067 59,645 63,712
As at 31 August 2024 4,067 59,645 63,712
Depreciation
As at 1 September 2023 4,067 59,204 63,271
Provided during the period - 252 252
As at 31 August 2024 4,067 59,456 63,523
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 August 2024 - 189 189
As at 1 September 2023 - 441 441
5. Stocks
2024 2023
£ £
Stock 650 750
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 459
Prepayments and accrued income 722 724
722 1,183
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,360 1,102
Corporation tax (4 ) (4 )
Accruals and deferred income 840 840
Directors' loan accounts 56 56
3,252 1,994
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
Page 4