Acorah Software Products - Accounts Production 14.5.601 false true true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 11595828 Mrs M F Kumar Mr A J Ishaq iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11595828 2022-09-30 11595828 2023-09-30 11595828 2022-10-01 2023-09-30 11595828 frs-core:CurrentFinancialInstruments 2023-09-30 11595828 frs-core:ShareCapital 2023-09-30 11595828 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 11595828 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 11595828 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 11595828 frs-bus:SmallEntities 2022-10-01 2023-09-30 11595828 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 11595828 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 11595828 frs-core:UnlistedNon-exchangeTraded 2023-09-30 11595828 frs-core:UnlistedNon-exchangeTraded 2022-09-30 11595828 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-09-30 11595828 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-30 11595828 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-09-30 11595828 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-30 11595828 frs-bus:Director1 2022-10-01 2023-09-30 11595828 frs-bus:Director2 2022-10-01 2023-09-30 11595828 frs-core:CurrentFinancialInstruments 1 2023-09-30 11595828 frs-core:CurrentFinancialInstruments 2 2023-09-30 11595828 frs-countries:EnglandWales 2022-10-01 2023-09-30 11595828 2021-09-30 11595828 2022-09-30 11595828 2021-10-01 2022-09-30 11595828 frs-core:CurrentFinancialInstruments 2022-09-30 11595828 frs-core:ShareCapital 2022-09-30 11595828 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30 11595828 frs-core:CurrentFinancialInstruments 1 2022-09-30 11595828 frs-core:CurrentFinancialInstruments 2 2022-09-30
Registered number: 11595828
Wycombe Estates Limited
Unaudited Financial Statements
For The Year Ended 30 September 2023
LAS Accountants LLP
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 11595828
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 1 1
1 1
CURRENT ASSETS
Debtors 5 367,459 365,211
Cash at bank and in hand 10,024 10,024
377,483 375,235
Creditors: Amounts Falling Due Within One Year 6 (197,704 ) (197,704 )
NET CURRENT ASSETS (LIABILITIES) 179,779 177,531
TOTAL ASSETS LESS CURRENT LIABILITIES 179,780 177,532
NET ASSETS 179,780 177,532
CAPITAL AND RESERVES
Called up share capital 7 320,250 320,250
Income Statement (140,470 ) (142,718 )
SHAREHOLDERS' FUNDS 179,780 177,532
For the year ending 30 September 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
Mrs M F Kumar
Director
23/03/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Wycombe Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11595828 . The registered office is 33 Cavendish Square, Room 408, London, England, W1G 0PW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements are prepared 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. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in UK sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.

The principle accounting policies adopted are set below.
2.2. Going Concern Disclosure
The director has considered the prospect of the business for the next twelve months and beyond and has arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The Director has also pledged their financial support to assist with this if required. On this basis, the director will continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.4. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
2.6. Investments
Investments in listed and unlisted company shares who’s market value can be reliably determined are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. For unlisted investments where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
2.7. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.8. Critical Accounting Judgements And Key Sources of Estimation Uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.

The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

Accrued Expenditure

The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.
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Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 2 2
2 2
4. Investments
Unlisted
£
Cost
As at 1 October 2022 1
As at 30 September 2023 1
Provision
As at 1 October 2022 -
As at 30 September 2023 -
Net Book Value
As at 30 September 2023 1
As at 1 October 2022 1
5. Debtors
2023 2022
£ £
Due within one year
Other debtors : Unpaid share capital 320,250 320,250
Other debtors : Delft 44 Foxely Lane Limited 47,209 44,961
367,459 365,211
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors : Crowdlords Limited 1,000 1,000
Directors' loan accounts 196,704 196,704
197,704 197,704
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 320,250 320,250
The nominal value per share is £1 and there are 72,889 Ordinary shares, 151,701 Ordinary A shares and 95,660 Ordinary B shares in issue.
8. Related Party Transactions
As at the year end date, the Directors loan account balance of Mrs M F Kumar is £196,704, this is a current liability, is interest free and repayable on demand.
The Intercompany debtor of £47,209 with Delft 44 Foxely Lane Limited is a current asset, has interest receivable at a rate of 5% and receivable on demand.
The Intercompany creditor of £1,000 with Crowdlords Limited is a current liability, is interest free and repayable on demand.
Page 3