Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04468396 Mr Peter Brooks Ms Mary McBryde iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04468396 2023-12-31 04468396 2024-12-31 04468396 2024-01-01 2024-12-31 04468396 frs-core:CurrentFinancialInstruments 2024-12-31 04468396 frs-core:ComputerEquipment 2024-12-31 04468396 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04468396 frs-core:ComputerEquipment 2023-12-31 04468396 frs-core:FurnitureFittings 2024-12-31 04468396 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04468396 frs-core:FurnitureFittings 2023-12-31 04468396 frs-core:MotorVehicles 2024-12-31 04468396 frs-core:MotorVehicles 2024-01-01 2024-12-31 04468396 frs-core:MotorVehicles 2023-12-31 04468396 frs-core:PlantMachinery 2024-01-01 2024-12-31 04468396 frs-core:OtherReservesSubtotal 2024-12-31 04468396 frs-core:RevaluationReserve 2023-12-31 04468396 frs-core:RevaluationReserve 2024-12-31 04468396 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04468396 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 04468396 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04468396 frs-bus:SmallEntities 2024-01-01 2024-12-31 04468396 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04468396 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04468396 frs-bus:Director1 2024-01-01 2024-12-31 04468396 frs-bus:Director2 2024-01-01 2024-12-31 04468396 frs-countries:EnglandWales 2024-01-01 2024-12-31 04468396 2022-12-31 04468396 2023-12-31 04468396 2023-01-01 2023-12-31 04468396 frs-core:CurrentFinancialInstruments 2023-12-31 04468396 frs-core:OtherReservesSubtotal 2023-12-31 04468396 frs-core:RevaluationReserve 2023-12-31 04468396 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04468396
The British Association For The Purebred Spanish Horse Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Arcadia Accountancy Limited
C/O Arcadia Accountancy Ltd
1 Manship Green
Shepton Mallet
Somerset
BA4 5RL
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 04468396
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,076 2,100
2,076 2,100
CURRENT ASSETS
Stocks 5 1,200 1,380
Debtors 6 216 619
Cash at bank and in hand 14,332 11,261
15,748 13,260
Creditors: Amounts Falling Due Within One Year 7 (4,856 ) (5,312 )
NET CURRENT ASSETS (LIABILITIES) 10,892 7,948
TOTAL ASSETS LESS CURRENT LIABILITIES 12,968 10,048
NET ASSETS 12,968 10,048
RESERVES
Revaluation reserve 8 500 500
Other reserves 19,638 19,638
Income and Expenditure Account (7,170 ) (10,090 )
MEMBERS' FUNDS 12,968 10,048
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
Ms Mary McBryde
Director
23/07/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The British Association For The Purebred Spanish Horse Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 04468396 . The registered office is Holly Trees Farm, Chesterblade Road, Shepton Mallet, Somerset, BA4 4EQ.
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 represents the various sources of income received during the year.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Promotional Marquee 15% reducing balance
Stud Books and Silverware Not depreciated, as appreciating asset
Office Equipment 15% reducing balance
Computer Equipment 33% reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Stud Books and Silverware Office Equipment Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 2,000 1,969 6,136 10,105
As at 31 December 2024 2,000 1,969 6,136 10,105
Depreciation
As at 1 January 2024 - 1,920 6,085 8,005
Provided during the period - 7 17 24
As at 31 December 2024 - 1,927 6,102 8,029
Net Book Value
As at 31 December 2024 2,000 42 34 2,076
As at 1 January 2024 2,000 49 51 2,100
5. Stocks
2024 2023
£ £
Finished goods 1,200 1,380
Page 2
Page 3
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 216 619
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,006 4,462
Other creditors and accruals 850 850
4,856 5,312
8. Reserves
Revaluation Reserve
£
As at 1 January 2024 500
As at 31 December 2024 500
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 3