Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 00357583 Mr John Read Mr Barnaby Ackworth Mr David Vaughan Mr Graham Franklin Mr John Sharp Mr Steven May Mr Andrew Castell Mr Sam Tidman Mr Anthony Bennallack Mr Jeff Neal Mr Derek Hay Mr Steven Cable Mr Anthony Drake Mr Michael Norman Mr Brian Clark Mr Richard Hutley Mr David Tidman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00357583 2023-12-31 00357583 2024-12-31 00357583 2024-01-01 2024-12-31 00357583 frs-core:CurrentFinancialInstruments 2024-12-31 00357583 frs-core:Non-currentFinancialInstruments 2024-12-31 00357583 frs-core:FurnitureFittings 2024-12-31 00357583 frs-core:FurnitureFittings 2024-01-01 2024-12-31 00357583 frs-core:FurnitureFittings 2023-12-31 00357583 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 00357583 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00357583 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 00357583 frs-core:CapitalRedemptionReserve 2024-12-31 00357583 frs-core:OtherReservesSubtotal 2024-12-31 00357583 frs-core:SharePremium 2024-12-31 00357583 frs-core:ShareCapital 2024-12-31 00357583 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 00357583 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00357583 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 00357583 frs-bus:SmallEntities 2024-01-01 2024-12-31 00357583 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00357583 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00357583 frs-bus:Director1 2024-01-01 2024-12-31 00357583 frs-bus:Director2 2024-01-01 2024-12-31 00357583 frs-bus:Director3 2024-01-01 2024-12-31 00357583 frs-bus:Director4 2024-01-01 2024-12-31 00357583 frs-bus:Director5 2024-01-01 2024-12-31 00357583 frs-bus:Director6 2024-01-01 2024-12-31 00357583 frs-bus:Director7 2024-01-01 2024-12-31 00357583 frs-bus:Director8 2024-01-01 2024-12-31 00357583 frs-bus:Director9 2024-01-01 2024-12-31 00357583 frs-bus:Director10 2024-01-01 2024-12-31 00357583 frs-bus:Director11 2024-01-01 2024-12-31 00357583 frs-bus:Director12 2024-01-01 2024-12-31 00357583 frs-bus:Director13 2024-01-01 2024-12-31 00357583 frs-bus:Director14 2024-01-01 2024-12-31 00357583 frs-bus:Director15 2024-01-01 2024-12-31 00357583 frs-bus:Director16 2024-01-01 2024-12-31 00357583 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 00357583 1 2024-01-01 2024-12-31 00357583 frs-core:CurrentFinancialInstruments 1 2024-12-31 00357583 frs-core:Non-currentFinancialInstruments 1 2024-12-31 00357583 frs-core:CurrentFinancialInstruments 2 2024-12-31 00357583 frs-countries:EnglandWales 2024-01-01 2024-12-31 00357583 2022-12-31 00357583 2023-12-31 00357583 2023-01-01 2023-12-31 00357583 frs-core:CurrentFinancialInstruments 2023-12-31 00357583 frs-core:Non-currentFinancialInstruments 2023-12-31 00357583 frs-core:CapitalRedemptionReserve 2023-12-31 00357583 frs-core:OtherReservesSubtotal 2023-12-31 00357583 frs-core:SharePremium 2023-12-31 00357583 frs-core:ShareCapital 2023-12-31 00357583 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 00357583 1 2023-01-01 2023-12-31 00357583 frs-core:CurrentFinancialInstruments 1 2023-12-31 00357583 frs-core:Non-currentFinancialInstruments 1 2023-12-31 00357583 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 00357583
Bournemouth Masonic Buildings Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Artema Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00357583
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 107,351 107,351
107,351 107,351
CURRENT ASSETS
Stocks 5 5,853 4,614
Debtors 6 7,209 23,224
Cash at bank and in hand 194,459 125,158
207,521 152,996
Creditors: Amounts Falling Due Within One Year 7 (75,024 ) (62,511 )
NET CURRENT ASSETS (LIABILITIES) 132,497 90,485
TOTAL ASSETS LESS CURRENT LIABILITIES 239,848 197,836
Creditors: Amounts Falling Due After More Than One Year 8 (28,834 ) (39,035 )
NET ASSETS 211,014 158,801
CAPITAL AND RESERVES
Called up share capital 9 98 98
Share premium account 998 998
Capital redemption reserve 2 2
Other reserves 22,177 19,050
Profit and Loss Account 187,739 138,653
SHAREHOLDERS' FUNDS 211,014 158,801
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 Profit and Loss Account.
On behalf of the board
Mr Andrew Castell
Director
13/06/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bournemouth Masonic Buildings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00357583 . The registered office is Freemasons Hall,, Knole Road,, Bournemouth, BH1 4DH.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 Not provided
Fixtures & Fittings Not provided
It is the company's practice to maintain its fixed assets in a continual state of sound repair and the directors have chosen not to depreciate those assets due to regular maintenance rendering depreciation immaterial. Renewal and replacement expenditure in this connection is written off to the profit and loss account in the year incurred.
2.5. 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.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year 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 profit. 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 profits 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 profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
All Staff 17 18
17 18
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 94,441 12,910 107,351
As at 31 December 2024 94,441 12,910 107,351
Net Book Value
As at 31 December 2024 94,441 12,910 107,351
As at 1 January 2024 94,441 12,910 107,351
5. Stocks
2024 2023
£ £
Stocks 5,853 4,614
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 335 1,111
Other debtors 6,874 22,113
7,209 23,224
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,562 5,923
Bank loans and overdrafts 9,684 9,683
Corporation tax 9,712 7,748
Other taxes and social security 3,138 3,270
VAT 6,804 6,056
Net wages 1,854 1,528
Other creditors 1,005 594
Interest free loans 23,745 23,745
Deposits from customers 11,250 -
Accruals and deferred income 4,270 3,964
75,024 62,511
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,147 15,348
Debentures 23,687 23,687
28,834 39,035
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 98 98
Page 5