Acorah Software Products - Accounts Production 16.4.675 false true true 31 December 2023 1 January 2023 false 16 July 2025 1 January 2024 31 December 2024 31 December 2024 02579801 David Cain Amanda Ford Benjamin Silvey Benjamin Silvey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02579801 2023-12-31 02579801 2024-12-31 02579801 2024-01-01 2024-12-31 02579801 frs-core:CurrentFinancialInstruments 2024-12-31 02579801 frs-core:FurnitureFittings 2024-12-31 02579801 frs-core:FurnitureFittings 2024-01-01 2024-12-31 02579801 frs-core:FurnitureFittings 2023-12-31 02579801 frs-core:ShareCapital 2024-12-31 02579801 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 02579801 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02579801 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 02579801 frs-bus:SmallEntities 2024-01-01 2024-12-31 02579801 frs-bus:Audited 2024-01-01 2024-12-31 02579801 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 02579801 frs-bus:Director1 2024-01-01 2024-12-31 02579801 frs-bus:Director2 2024-01-01 2024-12-31 02579801 frs-bus:Director3 2024-01-01 2024-12-31 02579801 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 02579801 frs-countries:EnglandWales 2024-01-01 2024-12-31 02579801 2022-12-31 02579801 2023-12-31 02579801 2023-01-01 2023-12-31 02579801 frs-core:CurrentFinancialInstruments 2023-12-31 02579801 frs-core:ShareCapital 2023-12-31 02579801 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 02579801
Bristol Cathedral Enterprises Limited
Financial Statements
For The Year Ended 31 December 2024
Godfrey Wilson Limited
Fifth Floor Mariner House
62 Prince Street
Bristol
BS1 4QD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 02579801
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 13,136 6,223
Debtors 6 7,761 9,048
Cash at bank and in hand 773 1,451
21,670 16,722
Creditors: Amounts Falling Due Within One Year 7 (76,889 ) (81,031 )
NET CURRENT ASSETS (LIABILITIES) (55,219 ) (64,309 )
TOTAL ASSETS LESS CURRENT LIABILITIES (55,219 ) (64,309 )
NET LIABILITIES (55,219 ) (64,309 )
CAPITAL AND RESERVES
Called up share capital 8 7,309 7,309
Profit and Loss Account (62,528 ) (71,618 )
SHAREHOLDERS' FUNDS (55,219) (64,309)
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
Benjamin Silvey
Director
16/07/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Bristol Cathedral Enterprises Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02579801 . The registered office is Abbey Gate House, Bristol Cathedral, College Green, Bristol, BS1 5TJ.
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
There was a net deficiency of assets of £55,219 at the balance sheet date, and this is due to a large intercompany credit balance of £68,842 which was due to the parent company. These accounts have been prepared on the going concern basis, as the parent company will not call upon the intercompany credit balance until such time the company returns to profitability.
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:
Fixtures & Fittings 25% straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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Page 3
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2024 6,294
As at 31 December 2024 6,294
Depreciation
As at 1 January 2024 6,294
As at 31 December 2024 6,294
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Stocks
2024 2023
£ £
Stock 13,136 6,223
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,360 -
Amounts owed by group undertakings - 6,403
Other debtors 5,401 2,645
7,761 9,048
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 291 -
VAT 1,721 3,569
Other creditors 1,078 332
Accruals 4,957 3,600
Amounts owed to group undertakings 68,842 73,530
76,889 81,031
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Page 4
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 7,309 7,309
9. Related Party Transactions
The company is controlled by its parent undertaking, Bristol Cathedral, which owns all the issued share capital. Bristol Cathedral is a charitable incorporated organisation limited registered in England and Wales. The registered office address is Bristol Cathedral, College Green, Bristol, BS1 5TJ. Bristol Cathedral draws up fully consolidated financial statements. At the end of the year, £68,842 (2023: £67,127) was owed by Bristol Cathedral Enterprises to Bristol Cathedral.
10. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
11. Audit Information
The auditor's report on the accounts of Bristol Cathedral Enterprises Limited for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by William Guy Blake ACA (Senior Statutory Auditor) for and on behalf of Godfrey Wilson , Statutory Auditor.
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