Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 08256106 Mr Timothy Farthing Mrs Sally Farthing Mr Nicholas Farthing iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08256106 2023-10-31 08256106 2024-10-31 08256106 2023-11-01 2024-10-31 08256106 frs-core:CurrentFinancialInstruments 2024-10-31 08256106 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 08256106 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08256106 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 08256106 frs-core:ShareCapital 2024-10-31 08256106 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 08256106 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08256106 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 08256106 frs-bus:SmallEntities 2023-11-01 2024-10-31 08256106 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08256106 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 08256106 frs-bus:Director1 2023-11-01 2024-10-31 08256106 frs-bus:Director2 2023-11-01 2024-10-31 08256106 frs-bus:Director3 2023-11-01 2024-10-31 08256106 frs-core:CurrentFinancialInstruments 5 2024-10-31 08256106 frs-countries:EnglandWales 2023-11-01 2024-10-31 08256106 2022-10-31 08256106 2023-10-31 08256106 2022-11-01 2023-10-31 08256106 frs-core:CurrentFinancialInstruments 2023-10-31 08256106 frs-core:ShareCapital 2023-10-31 08256106 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 08256106 frs-core:CurrentFinancialInstruments 5 2023-10-31
Registered number: 08256106
Inwood Leisure Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
BOA Accountancy Limited t/a Berkeley Hall
Unit D2 Southgate
Commerce Park
Frome
BA11 2RY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08256106
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 419,201 419,201
419,201 419,201
CURRENT ASSETS
Cash at bank and in hand 1,357 1,115
1,357 1,115
Creditors: Amounts Falling Due Within One Year 5 (419,679 ) (419,657 )
NET CURRENT ASSETS (LIABILITIES) (418,322 ) (418,542 )
TOTAL ASSETS LESS CURRENT LIABILITIES 879 659
NET ASSETS 879 659
CAPITAL AND RESERVES
Called up share capital 6 103 103
Profit and Loss Account 776 556
SHAREHOLDERS' FUNDS 879 659
Page 1
Page 2
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 Profit and Loss Account.
On behalf of the board
Mr Timothy Farthing
Director
23/07/2025
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
Inwood Leisure Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08256106 . The registered office is Riverside Farm Beanacre, Melksham, Wiltshire, SN12 7QB.
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.
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.
2.3. 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:
Freehold No depreciation policy
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 November 2023 419,201
As at 31 October 2024 419,201
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 October 2024 419,201
As at 1 November 2023 419,201
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Tim Farthing Limited inter company 278,593 278,593
Accruals and deferred income 581 559
Directors' loan accounts 140,505 140,505
419,679 419,657
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 103 103
Page 4