Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 05397909 Mr Andrew Joyce Mrs Emma Joyce CBA Accountax Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05397909 2024-03-31 05397909 2025-03-31 05397909 2024-04-01 2025-03-31 05397909 frs-core:CurrentFinancialInstruments 2025-03-31 05397909 frs-core:ComputerEquipment 2025-03-31 05397909 frs-core:ComputerEquipment 2024-04-01 2025-03-31 05397909 frs-core:ComputerEquipment 2024-03-31 05397909 frs-core:MotorVehicles 2025-03-31 05397909 frs-core:MotorVehicles 2024-04-01 2025-03-31 05397909 frs-core:MotorVehicles 2024-03-31 05397909 frs-core:PlantMachinery 2025-03-31 05397909 frs-core:PlantMachinery 2024-04-01 2025-03-31 05397909 frs-core:PlantMachinery 2024-03-31 05397909 frs-core:ShareCapital 2025-03-31 05397909 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05397909 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05397909 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 05397909 frs-bus:SmallEntities 2024-04-01 2025-03-31 05397909 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05397909 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05397909 frs-core:UnlistedNon-exchangeTraded 2025-03-31 05397909 frs-core:UnlistedNon-exchangeTraded 2024-03-31 05397909 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 05397909 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 05397909 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 05397909 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 05397909 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 05397909 frs-bus:Director1 2024-04-01 2025-03-31 05397909 frs-bus:Director2 2024-04-01 2025-03-31 05397909 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 05397909 frs-core:CurrentFinancialInstruments 1 2025-03-31 05397909 frs-countries:EnglandWales 2024-04-01 2025-03-31 05397909 2023-03-31 05397909 2024-03-31 05397909 2023-04-01 2024-03-31 05397909 frs-core:CurrentFinancialInstruments 2024-03-31 05397909 frs-core:ShareCapital 2024-03-31 05397909 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05397909 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 05397909
Bournemouth Surf School Limited
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05397909
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 780 1,039
Investments 5 - 10,000
780 11,039
CURRENT ASSETS
Debtors 6 13,439 1,944
Cash at bank and in hand 15,906 16,294
29,345 18,238
Creditors: Amounts Falling Due Within One Year 7 (13,669 ) (12,940 )
NET CURRENT ASSETS (LIABILITIES) 15,676 5,298
TOTAL ASSETS LESS CURRENT LIABILITIES 16,456 16,337
PROVISIONS FOR LIABILITIES
Deferred Taxation (148 ) (197 )
NET ASSETS 16,308 16,140
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 16,298 16,130
SHAREHOLDERS' FUNDS 16,308 16,140
Page 1
Page 2
For the year ending 31 March 2025 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.
On behalf of the board
Mr Andrew Joyce
Director
Mrs Emma Joyce
Director
04/11/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bournemouth Surf School Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05397909 . The registered office is 4 Grand Cinema Buildings, Poole Road Westbourne, Bournemouth, Dorset, BH4 9DW.
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.
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.
2.3. 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 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% rducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years 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 profit. 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 profits 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 profits will be available to allow all or part of the asset to be recovered.
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 2,000 9,530 5,123 16,653
As at 31 March 2025 2,000 9,530 5,123 16,653
Depreciation
As at 1 April 2024 1,747 9,128 4,739 15,614
Provided during the period 63 100 96 259
As at 31 March 2025 1,810 9,228 4,835 15,873
Net Book Value
As at 31 March 2025 190 302 288 780
As at 1 April 2024 253 402 384 1,039
5. Investments
Unlisted
£
Cost or Valuation
As at 1 April 2024 10,000
Disposals (10,000 )
As at 31 March 2025 -
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 10,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 12,431 -
Other debtors 1,000 1,000
Liquidators re investment written off 8 -
Corporation tax recoverable assets - 944
13,439 1,944
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,740 3
Bank loans and overdrafts 1 1
Other loans 500 500
Corporation tax 2,616 -
Other taxes and social security 315 -
Net wages - 942
Other creditors 324 2,024
Accruals and deferred income 744 708
Directors' loan accounts 7,429 8,762
13,669 12,940
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
Page 5