Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 02774146 Mr Peter Cracknell Ms Sally Turner Mr Iain Thompson Mr Timothy Percival iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02774146 2023-12-31 02774146 2024-12-31 02774146 2024-01-01 2024-12-31 02774146 frs-core:CurrentFinancialInstruments 2024-12-31 02774146 frs-core:PlantMachinery 2024-12-31 02774146 frs-core:PlantMachinery 2024-01-01 2024-12-31 02774146 frs-core:PlantMachinery 2023-12-31 02774146 frs-core:CapitalRedemptionReserve 2024-12-31 02774146 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 02774146 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 02774146 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 02774146 frs-bus:SmallEntities 2024-01-01 2024-12-31 02774146 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02774146 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 02774146 frs-bus:Director1 2024-01-01 2024-12-31 02774146 frs-bus:Director2 2024-01-01 2024-12-31 02774146 frs-bus:Director3 2024-01-01 2024-12-31 02774146 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 02774146 frs-countries:EnglandWales 2024-01-01 2024-12-31 02774146 2022-12-31 02774146 2023-12-31 02774146 2023-01-01 2023-12-31 02774146 frs-core:CurrentFinancialInstruments 2023-12-31 02774146 frs-core:CapitalRedemptionReserve 2023-12-31 02774146 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 02774146
Millwell Residents Association Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
CLIVE G. CHADNEY LIMITED
108 Sandford Road
Chelmsford
CM2 6DH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 02774146
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 328 95
328 95
CURRENT ASSETS
Debtors 5 6,278 -
Cash at bank and in hand 89,270 89,929
95,548 89,929
Creditors: Amounts Falling Due Within One Year 6 (3,066 ) (1,983 )
NET CURRENT ASSETS (LIABILITIES) 92,482 87,946
TOTAL ASSETS LESS CURRENT LIABILITIES 92,810 88,041
NET ASSETS 92,810 88,041
RESERVES
Capital redemption reserve 6,938 6,938
Income and Expenditure Account 85,872 81,103
MEMBERS' FUNDS 92,810 88,041
Page 1
Page 2
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 Peter Cracknell
Director
26 May 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
Millwell Residents Association Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 02774146 . The registered office is 50a Millfields, Writtle, Chelmsford, Essex, CM1 3LP.
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.
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% Reducing Balance
2.4. 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.
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 670
Additions 290
As at 31 December 2024 960
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 January 2024 575
Provided during the period 57
As at 31 December 2024 632
Net Book Value
As at 31 December 2024 328
As at 1 January 2024 95
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 6,278 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 2,908 1,983
Taxation and social security 158 -
3,066 1,983
Page 4