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 04135915 Mr I Darcy Mr N Hollings Ms S Lewis Carey Mr S Somers Mrs K Atkin-Bowdler Mr I Smeeth Mr S Reynolds Miss S Chapman Miss C Neame Mr R Telford Mr I Darcy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04135915 2023-12-31 04135915 2024-12-31 04135915 2024-01-01 2024-12-31 04135915 frs-core:CurrentFinancialInstruments 2024-12-31 04135915 frs-core:PlantMachinery 2024-12-31 04135915 frs-core:PlantMachinery 2024-01-01 2024-12-31 04135915 frs-core:PlantMachinery 2023-12-31 04135915 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04135915 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 04135915 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04135915 frs-bus:SmallEntities 2024-01-01 2024-12-31 04135915 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04135915 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04135915 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-01-01 2024-12-31 04135915 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-12-31 04135915 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 04135915 frs-core:ListedExchangeTraded 2024-12-31 04135915 frs-core:ListedExchangeTraded 2023-12-31 04135915 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 04135915 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-12-31 04135915 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-12-31 04135915 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-12-31 04135915 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 04135915 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 04135915 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 04135915 frs-bus:Director1 2024-01-01 2024-12-31 04135915 frs-bus:Director2 2024-01-01 2024-12-31 04135915 frs-bus:Director3 2024-01-01 2024-12-31 04135915 frs-bus:Director4 2024-01-01 2024-12-31 04135915 frs-bus:Director5 2024-01-01 2024-12-31 04135915 frs-bus:Director6 2024-01-01 2024-12-31 04135915 frs-bus:Director7 2024-01-01 2024-12-31 04135915 frs-bus:Director8 2024-01-01 2024-12-31 04135915 frs-bus:Director9 2024-01-01 2024-12-31 04135915 frs-bus:Director10 2024-01-01 2024-12-31 04135915 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 04135915 frs-countries:EnglandWales 2024-01-01 2024-12-31 04135915 2022-12-31 04135915 2023-12-31 04135915 2023-01-01 2023-12-31 04135915 frs-core:CurrentFinancialInstruments 2023-12-31 04135915 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04135915 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-12-31
Registered number: 04135915
British Show Horse Association
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04135915
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,509 3,719
Investments 5 388,088 365,082
391,597 368,801
CURRENT ASSETS
Debtors 6 4,638 3,458
Cash at bank and in hand 14,512 34,116
19,150 37,574
Creditors: Amounts Falling Due Within One Year 7 (50,004 ) (31,241 )
NET CURRENT ASSETS (LIABILITIES) (30,854 ) 6,333
TOTAL ASSETS LESS CURRENT LIABILITIES 360,743 375,134
NET ASSETS 360,743 375,134
RESERVES
Fair value reserve 8 19,051 12,870
Income and Expenditure Account 341,692 362,264
MEMBERS' FUNDS 360,743 375,134
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 Income and Expenditure Account.
On behalf of the board
Mr I Darcy
Director
11/06/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
British Show Horse Association is a private company, limited by guarantee, incorporated in England & Wales, registered number 04135915 . The registered office is Suite 16 Intech House 34-35 The Cam Centre, Wilbury Way, Hitchin, Herts, SG4 0TW.

The presentation currency of the financial statements is the Pound Sterling (£).

2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention as modified by the revaluation of certain assets and in accordance with the FRS 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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 rendering of services in repect of membership, registration fees and events. Turnover from the rendering of services is recognised by reference to the period when they become due or receivable.
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:
Plant & Machinery 20% reducing balance
The annual depreciation charge for tangible fixed assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, future investments and the physical condition of the assets.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.5. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in surplus or deficit, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Fixed asset investments
Fixed asset investments are shown at fair value based on the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income and expenditure and a transfer is made from retained earnings to a non-distributable fair value reserve equivalent to the unrealised gain on investments.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 15)
12 15
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 20,258
Additions 588
As at 31 December 2024 20,846
Depreciation
As at 1 January 2024 16,539
Provided during the period 798
As at 31 December 2024 17,337
Net Book Value
As at 31 December 2024 3,509
As at 1 January 2024 3,719
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5. Investments
Listed
£
Cost
As at 1 January 2024 365,082
Additions 41,239
Disposals (24,414 )
Revaluations 6,181
As at 31 December 2024 388,088
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 388,088
As at 1 January 2024 365,082
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,375 300
Prepayments and accrued income 2,973 3,158
Other taxes and social security 290 -
4,638 3,458
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 9,538 1,113
Corporation tax - 892
Other taxes and social security - 636
Other creditors 1,446 276
Accruals and deferred income 39,020 28,324
50,004 31,241
Page 5
Page 6
8. Reserves
Fair Value Reserve
£
As at 1 January 2024 12,870
Transfer to profit and loss 6,181
As at 31 December 2024 19,051
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 £10.
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