Acorah Software Products - Accounts Production 14.5.601 false true 30 June 2022 1 July 2021 false 1 July 2022 30 June 2023 30 June 2023 06273987 Mr Brian Allum Mrs Dolan Majumder Dolan Majumder iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06273987 2022-06-30 06273987 2023-06-30 06273987 2022-07-01 2023-06-30 06273987 frs-core:CurrentFinancialInstruments 2023-06-30 06273987 frs-core:FurnitureFittings 2023-06-30 06273987 frs-core:FurnitureFittings 2022-07-01 2023-06-30 06273987 frs-core:FurnitureFittings 2022-06-30 06273987 frs-core:ShareCapital 2023-06-30 06273987 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 06273987 frs-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 06273987 frs-bus:FilletedAccounts 2022-07-01 2023-06-30 06273987 frs-bus:SmallEntities 2022-07-01 2023-06-30 06273987 frs-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 06273987 frs-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 06273987 frs-bus:Director1 2022-07-01 2023-06-30 06273987 frs-bus:Director1 2022-06-30 06273987 frs-bus:Director1 2023-06-30 06273987 frs-bus:Director2 2022-07-01 2023-06-30 06273987 frs-bus:CompanySecretary1 2022-07-01 2023-06-30 06273987 frs-countries:EnglandWales 2022-07-01 2023-06-30 06273987 2021-06-30 06273987 2022-06-30 06273987 2021-07-01 2022-06-30 06273987 frs-core:CurrentFinancialInstruments 2022-06-30 06273987 frs-core:ShareCapital 2022-06-30 06273987 frs-core:RetainedEarningsAccumulatedLosses 2022-06-30
Registered number: 06273987
International Water Specialists Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2023
Haines and Company
Chartered Certified Accountants
Rear Of 81 High Street
Wallingford
Oxfordshire
OX10 0BX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06273987
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 79
- 79
CURRENT ASSETS
Debtors 5 1,217 6,069
Investments 6 65,000 65,000
Cash at bank and in hand 4,968 2,562
71,185 73,631
Creditors: Amounts Falling Due Within One Year 7 (16,220 ) (5,831 )
NET CURRENT ASSETS (LIABILITIES) 54,965 67,800
TOTAL ASSETS LESS CURRENT LIABILITIES 54,965 67,879
NET ASSETS 54,965 67,879
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 54,865 67,779
SHAREHOLDERS' FUNDS 54,965 67,879
Page 1
Page 2
For the year ending 30 June 2023 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 Brian Allum
Director
29th March 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
International Water Specialists Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06273987 . The registered office is Office-07 Isis Innovation, Howberry Business Park, Wallingford, Oxfordshire, OX10 8BA.
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.
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:
Fixtures & Fittings 33% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 July 2022 3,991
As at 30 June 2023 3,991
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 July 2022 3,912
Provided during the period 79
As at 30 June 2023 3,991
Net Book Value
As at 30 June 2023 -
As at 1 July 2022 79
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 1,217 6,069
6. Current Asset Investments
2023 2022
£ £
Listed investments 65,000 65,000
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 15,933 -
Other creditors (168) 1,458
Taxation and social security 455 4,373
16,220 5,831
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2022 Amounts advanced Amounts repaid Amounts written off As at 30 June 2023
£ £ £ £ £
Mr Brian Allum 5,969 - (5,500 ) - 469
The above loan is unsecured, interest free and repayable on demand.
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