Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 02663152 Mr I Dudley Mr A Gallent Mr J Oxby Mr S Rendell Mrs M Wood Mr J Oxby Mr D Bleby Mrs K Welch Mr G Welch iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02663152 2023-12-31 02663152 2024-12-31 02663152 2024-01-01 2024-12-31 02663152 frs-core:Non-currentFinancialInstruments 2024-12-31 02663152 frs-core:FurnitureFittings 2024-01-01 2024-12-31 02663152 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 02663152 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02663152 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 02663152 frs-bus:SmallEntities 2024-01-01 2024-12-31 02663152 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02663152 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 02663152 frs-bus:Director1 2024-01-01 2024-12-31 02663152 frs-bus:Director2 2024-01-01 2024-12-31 02663152 frs-bus:Director3 2024-01-01 2024-12-31 02663152 frs-bus:Director4 2024-01-01 2024-12-31 02663152 frs-bus:Director5 2024-01-01 2024-12-31 02663152 frs-bus:Director6 2024-01-01 2024-12-31 02663152 frs-bus:Director7 2024-01-01 2024-12-31 02663152 frs-bus:Director8 2024-01-01 2024-12-31 02663152 frs-bus:Director9 2024-01-01 2024-12-31 02663152 frs-countries:EnglandWales 2024-01-01 2024-12-31 02663152 2022-12-31 02663152 2023-12-31 02663152 2023-01-01 2023-12-31 02663152 frs-core:Non-currentFinancialInstruments 2023-12-31 02663152 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 02663152
Rainworth Miners' Welfare Social Club Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
TCP Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 02663152
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,510 6,888
5,510 6,888
CURRENT ASSETS
Stocks 6,233 6,223
Debtors 57 53
Cash at bank and in hand 3,746 4,913
10,036 11,189
Creditors: Amounts Falling Due Within One Year (18,084 ) (17,404 )
NET CURRENT ASSETS (LIABILITIES) (8,048 ) (6,215 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,538 ) 673
Creditors: Amounts Falling Due After More Than One Year (113,387 ) (112,141 )
NET LIABILITIES (115,925 ) (111,468 )
Profit and Loss Account (115,925 ) (111,468 )
SHAREHOLDERS' FUNDS (115,925) (111,468)
Page 1
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 Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr I Dudley
Director
2 April 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Rainworth Miners' Welfare Social Club Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 02663152 . The registered office is Kirklington Road, Rainworth, Mansfield, Nottinghamshire, NG21 0JY.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis which assumes that the company will continue to trade. The validity of this assumption is dependent on the continued support of the Rainworth Miners' Welfare Scheme and Institue that owns the property from which the company trades.
2.3. 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.
2.4. 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:
Fixtures & Fittings 15% reducing balance
2.5. 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.
2.6. Government Grant
Government grants are recognised in the profit and loss 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 profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss 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 profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss 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: 7 (2023: 8)
7 8
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Page 4
4. Tangible Assets
Total
£
Cost
As at 1 January 2024 18,578
As at 31 December 2024 18,578
Depreciation
As at 1 January 2024 11,690
Provided during the period 1,378
As at 31 December 2024 13,068
Net Book Value
As at 31 December 2024 5,510
As at 1 January 2024 6,888
Page 4