Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 00503150 Dr Peter Rookes Mrs Mary Jose Mrs Kate Badley Sarah Johnson Reverend Brenda Stephenson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00503150 2023-12-31 00503150 2024-12-31 00503150 2024-01-01 2024-12-31 00503150 frs-core:CurrentFinancialInstruments 2024-12-31 00503150 frs-core:FurnitureFittings 2024-12-31 00503150 frs-core:FurnitureFittings 2024-01-01 2024-12-31 00503150 frs-core:FurnitureFittings 2023-12-31 00503150 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 00503150 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00503150 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 00503150 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 00503150 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 00503150 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 00503150 frs-bus:SmallEntities 2024-01-01 2024-12-31 00503150 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00503150 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00503150 frs-core:ListedExchangeTraded 2024-12-31 00503150 frs-core:ListedExchangeTraded 2023-12-31 00503150 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 00503150 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-12-31 00503150 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-12-31 00503150 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-12-31 00503150 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 00503150 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 00503150 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 00503150 frs-bus:Director1 2024-01-01 2024-12-31 00503150 frs-bus:Director2 2024-01-01 2024-12-31 00503150 frs-bus:Director3 2024-01-01 2024-12-31 00503150 frs-bus:Director4 2024-01-01 2024-12-31 00503150 frs-bus:Director5 2024-01-01 2024-12-31 00503150 frs-countries:EnglandWales 2024-01-01 2024-12-31 00503150 2022-12-31 00503150 2023-12-31 00503150 2023-01-01 2023-12-31 00503150 frs-core:CurrentFinancialInstruments 2023-12-31 00503150 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 00503150
The Fellowship Of Meditation
Unaudited Financial Statements
For The Year Ended 31 December 2024
Advoco (SW) Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 00503150
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 38,046 38,136
Investments 5 474,598 486,210
512,644 524,346
CURRENT ASSETS
Stocks 6 3,999 3,693
Debtors 7 769 262
Cash at bank and in hand 41,662 35,150
46,430 39,105
Creditors: Amounts Falling Due Within One Year 8 (4,308 ) (2,916 )
NET CURRENT ASSETS (LIABILITIES) 42,122 36,189
TOTAL ASSETS LESS CURRENT LIABILITIES 554,766 560,535
NET ASSETS 554,766 560,535
Income and Expenditure Account 554,766 560,535
MEMBERS' FUNDS 554,766 560,535
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 Income and Expenditure Account.
On behalf of the board
Mrs Kate Badley
Director
5 August 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
The Fellowship Of Meditation is a private company, limited by guarantee, incorporated in England & Wales, registered number 00503150 . The registered office is 8 Prince Of Wales Road, Dorchester, Dorset, DT1 1PW.
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 Nil
Fixtures & Fittings 10 years 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. Government Grant
Government grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned.
All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 2
Page 3
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 63,410 891 64,301
As at 31 December 2024 63,410 891 64,301
Depreciation
As at 1 January 2024 25,715 450 26,165
Provided during the period - 90 90
As at 31 December 2024 25,715 540 26,255
Net Book Value
As at 31 December 2024 37,695 351 38,046
As at 1 January 2024 37,695 441 38,136
5. Investments
Listed
£
Cost
As at 1 January 2024 486,210
Additions 212,636
Disposals (252,633 )
Revaluations 28,385
As at 31 December 2024 474,598
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 474,598
As at 1 January 2024 486,210
6. Stocks
2024 2023
£ £
Stock 3,999 3,693
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 179 4
Other debtors 590 258
769 262
Page 3
Page 4
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 276 2,916
Accruals and deferred income 4,032 -
4,308 2,916
9. 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 4