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 09881612 Mrs Carolyn Davis Mr Gillian Flynn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09881612 2023-12-31 09881612 2024-12-31 09881612 2024-01-01 2024-12-31 09881612 frs-core:CurrentFinancialInstruments 2024-12-31 09881612 frs-core:Non-currentFinancialInstruments 2024-12-31 09881612 frs-core:OtherReservesSubtotal 2024-12-31 09881612 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09881612 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 09881612 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09881612 frs-bus:SmallEntities 2024-01-01 2024-12-31 09881612 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09881612 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09881612 frs-bus:Director1 2024-01-01 2024-12-31 09881612 frs-bus:Director2 2024-01-01 2024-12-31 09881612 frs-countries:EnglandWales 2024-01-01 2024-12-31 09881612 2022-12-31 09881612 2023-12-31 09881612 2023-01-01 2023-12-31 09881612 frs-core:CurrentFinancialInstruments 2023-12-31 09881612 frs-core:Non-currentFinancialInstruments 2023-12-31 09881612 frs-core:OtherReservesSubtotal 2023-12-31 09881612 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09881612
Grace Buildings Rtm Company Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Berrywood Accountants
The New Studio
Wintershill Farm
Wintershill, Durley
Hampshire
SO32 2AH
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 09881612
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 31,523 31,800
Cash at bank and in hand 16,677 34,739
48,200 66,539
Creditors: Amounts Falling Due Within One Year 5 (32,393 ) (32,271 )
NET CURRENT ASSETS (LIABILITIES) 15,807 34,268
TOTAL ASSETS LESS CURRENT LIABILITIES 15,807 34,268
Creditors: Amounts Falling Due After More Than One Year 6 (13 ) (13 )
NET ASSETS 15,794 34,255
RESERVES
Other reserves (5,790 ) 12,671
Income and Expenditure Account 21,584 21,584
MEMBERS' FUNDS 15,794 34,255
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 Carolyn Davis
Director
29/01/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Grace Buildings Rtm Company Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 09881612 . The registered office is 6a Grace Buildings, Milvil Road, Lee-On-The-Solent, PO13 9LX.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 31,523 31,800
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 31,961 31,845
Accruals and deferred income 432 426
32,393 32,271
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 13 13
7. 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