Acorah Software Products - Accounts Production 14.5.601 false true true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 05515221 Paul McCarroll Nicoletta McCarroll Phoebe McCarroll Paul McCarroll iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05515221 2022-07-31 05515221 2023-07-31 05515221 2022-08-01 2023-07-31 05515221 frs-core:CurrentFinancialInstruments 2023-07-31 05515221 frs-core:ComputerEquipment 2023-07-31 05515221 frs-core:ComputerEquipment 2022-08-01 2023-07-31 05515221 frs-core:ComputerEquipment 2022-07-31 05515221 frs-core:ShareCapital 2023-07-31 05515221 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 05515221 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 05515221 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 05515221 frs-bus:SmallEntities 2022-08-01 2023-07-31 05515221 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 05515221 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 05515221 frs-bus:Director1 2022-08-01 2023-07-31 05515221 frs-bus:Director2 2022-08-01 2023-07-31 05515221 frs-bus:Director3 2022-08-01 2023-07-31 05515221 frs-bus:CompanySecretary1 2022-08-01 2023-07-31 05515221 frs-countries:EnglandWales 2022-08-01 2023-07-31 05515221 2021-07-31 05515221 2022-07-31 05515221 2021-08-01 2022-07-31 05515221 frs-core:CurrentFinancialInstruments 2022-07-31 05515221 frs-core:ShareCapital 2022-07-31 05515221 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 05515221
Wordsright Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 05515221
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 397 595
397 595
CURRENT ASSETS
Debtors 5 1,100 2,575
Cash at bank and in hand 808 1,761
1,908 4,336
Creditors: Amounts Falling Due Within One Year 6 (7,448 ) (7,463 )
NET CURRENT ASSETS (LIABILITIES) (5,540 ) (3,127 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,143 ) (2,532 )
NET LIABILITIES (5,143 ) (2,532 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement (5,243 ) (2,632 )
SHAREHOLDERS' FUNDS (5,143) (2,532)
Page 1
Page 2
For the year ending 31 July 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 Income Statement.
On behalf of the board
Paul McCarroll
Director
16/04/2024
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
Wordsright Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05515221 . The registered office is 58 Waldemar Avenue, Fulham, London, SW6 5NA.
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
Wordsright Ltd is considered to be a going concern, as it is financially supported by its directors and shareholders, who continue to pay any liabilities the company may have. It is still trading and the directors have access to personal funds to support the company until the company's retained earnings deficit has been cleared.
2.3. Turnover
Revenue is recognised on the basis of when the copywriting services are provided, and is recognised in the period the services are provided.
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:
Computer Equipment 25% Straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 2)
3 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2022 1,793
As at 31 July 2023 1,793
Depreciation
As at 1 August 2022 1,198
Provided during the period 198
As at 31 July 2023 1,396
Net Book Value
As at 31 July 2023 397
As at 1 August 2022 595
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,100 2,575
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 7,448 7,463
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4