Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07967474 A F Bolton V Ferrett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07967474 2024-03-31 07967474 2025-03-31 07967474 2024-04-01 2025-03-31 07967474 frs-core:CurrentFinancialInstruments 2025-03-31 07967474 frs-core:Non-currentFinancialInstruments 2025-03-31 07967474 frs-core:FurnitureFittings 2025-03-31 07967474 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07967474 frs-core:FurnitureFittings 2024-03-31 07967474 frs-core:NetGoodwill 2025-03-31 07967474 frs-core:NetGoodwill 2024-04-01 2025-03-31 07967474 frs-core:NetGoodwill 2024-03-31 07967474 frs-core:ShareCapital 2025-03-31 07967474 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07967474 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07967474 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07967474 frs-bus:SmallEntities 2024-04-01 2025-03-31 07967474 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07967474 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07967474 frs-bus:Director1 2024-04-01 2025-03-31 07967474 frs-bus:Director2 2024-04-01 2025-03-31 07967474 frs-core:CurrentFinancialInstruments 1 2025-03-31 07967474 frs-core:Non-currentFinancialInstruments 1 2025-03-31 07967474 frs-core:Non-currentFinancialInstruments 2 2025-03-31 07967474 frs-countries:EnglandWales 2024-04-01 2025-03-31 07967474 2023-03-31 07967474 2024-03-31 07967474 2023-04-01 2024-03-31 07967474 frs-core:CurrentFinancialInstruments 2024-03-31 07967474 frs-core:Non-currentFinancialInstruments 2024-03-31 07967474 frs-core:ShareCapital 2024-03-31 07967474 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07967474 frs-core:CurrentFinancialInstruments 1 2024-03-31 07967474 frs-core:Non-currentFinancialInstruments 1 2024-03-31 07967474 frs-core:Non-currentFinancialInstruments 2 2024-03-31
Registered number: 07967474
Bodiam Boating Station Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07967474
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 15,000 22,000
Tangible Assets 5 34,000 36,000
49,000 58,000
CURRENT ASSETS
Stocks 6 2,500 4,000
Debtors 7 43,550 28,750
Cash at bank and in hand 4,822 4,136
50,872 36,886
Creditors: Amounts Falling Due Within One Year 8 (13,212 ) (10,578 )
NET CURRENT ASSETS (LIABILITIES) 37,660 26,308
TOTAL ASSETS LESS CURRENT LIABILITIES 86,660 84,308
Creditors: Amounts Falling Due After More Than One Year 9 (64,216 ) (73,646 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,500 ) (6,850 )
NET ASSETS 15,944 3,812
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 15,844 3,712
SHAREHOLDERS' FUNDS 15,944 3,812
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
A F Bolton
Director
22 December 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
Bodiam Boating Station Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07967474 . The registered office is Riverside Cottage Station Road, Northiam, Rye, TN31 6FE.
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 net invoiced sales of services.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, was being amortised evenly over its estimated useful life of 7 years from 1/4/16, reevaluated to 14 years from 1/4/19 onwards.
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:
Equipment, fixtures & fittings 10% on 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. 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.
...CONTINUED
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Page 4
2.6. 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 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 or deferred tax for the year is recognised in profit or loss, 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 7)
7 7
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 100,000
As at 31 March 2025 100,000
Amortisation
As at 1 April 2024 78,000
Provided during the period 7,000
As at 31 March 2025 85,000
Net Book Value
As at 31 March 2025 15,000
As at 1 April 2024 22,000
5. Tangible Assets
Equipment, fixtures & fittings
£
Cost
As at 1 April 2024 123,628
Additions 1,554
As at 31 March 2025 125,182
Depreciation
As at 1 April 2024 87,628
Provided during the period 3,554
As at 31 March 2025 91,182
...CONTINUED
Page 4
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Net Book Value
As at 31 March 2025 34,000
As at 1 April 2024 36,000
6. Stocks
2025 2024
£ £
Stock 2,500 4,000
7. Debtors
2025 2024
£ £
Due within one year
Intercompany current accounts 43,550 28,750
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 9,200 9,200
Corporation tax 3,989 1,327
Directors' loan accounts 23 51
13,212 10,578
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loan - repayable within 5 years 40,000 40,000
Bank loan - repayable over 5 years 24,216 33,646
64,216 73,646
The bank loan is secured by a first charge on the land and buildings at Rye Road, Neweden, owned by the directors.
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5
Page 6
11. Related Party Transactions
The company is under the control of A F Bolton and V Ferrett, the directors. At the year end the directors are
owed by the company £23 (2024: £51).
Rent is payable by the company to the Directors at the rate of £12,500 per annum in accordance with the initial
7 year lease which is expected to be renewed when this expires.
Page 6