Acorah Software Products - Accounts Production 16.5.460 false true false 1 January 2024 31 December 2024 31 December 2024 06972016 Mr Colin Gibbons Ms Sally Ann Lewis Ms Nikkie Jones Mr Sidney Phelps iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06972016 2023-12-31 06972016 2024-12-31 06972016 2024-01-01 2024-12-31 06972016 frs-core:CurrentFinancialInstruments 2024-12-31 06972016 frs-core:Non-currentFinancialInstruments 2024-12-31 06972016 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06972016 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 06972016 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 06972016 frs-bus:SmallEntities 2024-01-01 2024-12-31 06972016 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06972016 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06972016 frs-bus:Director1 2024-01-01 2024-12-31 06972016 frs-bus:Director2 2024-01-01 2024-12-31 06972016 frs-bus:Director3 2024-01-01 2024-12-31 06972016 frs-bus:Director4 2024-01-01 2024-12-31 06972016 frs-countries:EnglandWales 2024-01-01 2024-12-31
Registered number: 06972016
The Trustees Of The Lower Lydbrook Park Improvement Scheme Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
MGAccounts Limited
16 Eastern Avenue
Mitcheldean
Glos
GL17 0DF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06972016
2024
Notes £ £
CURRENT ASSETS
Cash at bank and in hand 12,974
12,974
Creditors: Amounts Falling Due Within One Year 4 (139 )
NET CURRENT ASSETS (LIABILITIES) 12,835
TOTAL ASSETS LESS CURRENT LIABILITIES 12,835
Creditors: Amounts Falling Due After More Than One Year 5 (121 )
NET ASSETS 12,714
Income and Expenditure Account 12,714
MEMBERS' FUNDS 12,714
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Page 2
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
Mr Colin Gibbons
Director
Ms Nikkie Jones
Director
16/06/2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
The Trustees Of The Lower Lydbrook Park Improvement Scheme Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 06972016 . The registered office is The Alley, Community Social Club, Central Lydbrook, Lydbrook, Glos, GL17 9PP.
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
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4. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors (1 )
Other creditors 140
139
5. Creditors: Amounts Falling Due After More Than One Year
2024
£
Taxation and social security 121
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6. 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.
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