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 08956144 Mr Richard Purkis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08956144 2023-12-31 08956144 2024-12-31 08956144 2024-01-01 2024-12-31 08956144 frs-core:CurrentFinancialInstruments 2024-12-31 08956144 frs-core:FurnitureFittings 2024-12-31 08956144 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08956144 frs-core:FurnitureFittings 2023-12-31 08956144 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08956144 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 08956144 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08956144 frs-bus:SmallEntities 2024-01-01 2024-12-31 08956144 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08956144 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08956144 frs-bus:Director1 2024-01-01 2024-12-31 08956144 frs-countries:EnglandWales 2024-01-01 2024-12-31 08956144 2022-12-31 08956144 2023-12-31 08956144 2023-01-01 2023-12-31 08956144 frs-core:CurrentFinancialInstruments 2023-12-31 08956144 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 08956144
Lower Caversham Community Partnership Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Radford & Sergeant Limited
Quatro House
Lyon Way, Frimley Road
Camberley
Surrey
GU16 7ER
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08956144
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 230 230
Debtors 6 190 158
Cash at bank and in hand 2,454 2,860
2,874 3,248
Creditors: Amounts Falling Due Within One Year 7 (279 ) (515 )
NET CURRENT ASSETS (LIABILITIES) 2,595 2,733
TOTAL ASSETS LESS CURRENT LIABILITIES 2,595 2,733
NET ASSETS 2,595 2,733
Income and Expenditure Account 2,595 2,733
MEMBERS' FUNDS 2,595 2,733
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 director acknowledges his 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 Richard Purkis
Director
18 June 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Lower Caversham Community Partnership Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 08956144 . The registered office is 2 (The Vicarage) St Johns Road, Caversham, Reading, Berkshire, RG4 5AN.
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 rendering of services. 
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:
Fixtures & Fittings 20% Straight line
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.
2.5. 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.
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 surplus. 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 surplus 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 surplus will be available to allow all or part of the asset to be recovered.
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 assets reflect 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 and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: NIL (2023: NIL)
- -
Page 2
Page 3
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2024 11,729
As at 31 December 2024 11,729
Depreciation
As at 1 January 2024 11,729
As at 31 December 2024 11,729
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Stocks
2024 2023
£ £
Stock 230 230
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 158 158
Corporation tax recoverable assets 32 -
190 158
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 15 111
Corporation tax - 164
Accruals and deferred income 264 240
279 515
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, such an amount as may be required not exceeding £1.
Page 3