Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 10436891 Miss Jacqueline Basher Sir Henry Boyle Mr Richard Byrne Miss Jean Latham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10436891 2023-10-31 10436891 2024-10-31 10436891 2023-11-01 2024-10-31 10436891 frs-core:CurrentFinancialInstruments 2024-10-31 10436891 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10436891 frs-bus:CompanyLimitedByGuarantee 2023-11-01 2024-10-31 10436891 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 10436891 frs-bus:SmallEntities 2023-11-01 2024-10-31 10436891 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 10436891 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 10436891 frs-bus:Director1 2023-11-01 2024-10-31 10436891 frs-bus:Director2 2023-11-01 2024-10-31 10436891 frs-bus:Director3 2023-11-01 2024-10-31 10436891 frs-bus:Director4 2023-11-01 2024-10-31 10436891 frs-countries:EnglandWales 2023-11-01 2024-10-31 10436891 2022-10-31 10436891 2023-10-31 10436891 2022-11-01 2023-10-31 10436891 frs-core:CurrentFinancialInstruments 2023-10-31 10436891 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 10436891
New Camborne Liberal Hall Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Bickerstaffs
Unit 3d Guildford Road Industrial Estate
Hayle
TR27 4QZ
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 10436891
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Cash at bank and in hand 27,348 90,444
27,348 90,444
Creditors: Amounts Falling Due Within One Year 4 (170,419 ) (80,250 )
NET CURRENT ASSETS (LIABILITIES) (143,071 ) 10,194
TOTAL ASSETS LESS CURRENT LIABILITIES (143,071 ) 10,194
NET (LIABILITIES)/ASSETS (143,071 ) 10,194
Income and Expenditure Account (143,071 ) 10,194
MEMBERS' FUNDS (143,071) 10,194
For the year ending 31 October 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
Sir Henry Boyle
Director
23 July 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
New Camborne Liberal Hall Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 10436891 . The registered office is Unit 3D Guildford Road Industrial Estate, Hayle, Cornwall, TR27 4QZ.
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. 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:
2.3. 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 or deferred tax for the year is recognised in surplus or deficit, 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: NIL (2023: NIL)
- -
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - 2,706
Accruals and deferred income 672 672
Directors' loan accounts 169,747 76,872
170,419 80,250
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 2