Acorah Software Products - Accounts Production 14.5.601 false true true 31 October 2021 1 November 2020 false 1 November 2021 30 April 2023 30 April 2023 12239254 Mr Michael Seal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12239254 2021-10-31 12239254 2023-04-30 12239254 2021-11-01 2023-04-30 12239254 frs-core:CurrentFinancialInstruments 2023-04-30 12239254 frs-core:Non-currentFinancialInstruments 2023-04-30 12239254 frs-core:ShareCapital 2023-04-30 12239254 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 12239254 frs-bus:PrivateLimitedCompanyLtd 2021-11-01 2023-04-30 12239254 frs-bus:FilletedAccounts 2021-11-01 2023-04-30 12239254 frs-bus:SmallEntities 2021-11-01 2023-04-30 12239254 frs-bus:AuditExempt-NoAccountantsReport 2021-11-01 2023-04-30 12239254 frs-bus:SmallCompaniesRegimeForAccounts 2021-11-01 2023-04-30 12239254 frs-bus:Director1 2021-11-01 2023-04-30 12239254 frs-countries:EnglandWales 2021-11-01 2023-04-30 12239254 2020-10-31 12239254 2021-10-31 12239254 2020-11-01 2021-10-31 12239254 frs-core:CurrentFinancialInstruments 2021-10-31 12239254 frs-core:Non-currentFinancialInstruments 2021-10-31 12239254 frs-core:ShareCapital 2021-10-31 12239254 frs-core:RetainedEarningsAccumulatedLosses 2021-10-31
Registered number: 12239254
The Well Ip Limited
Unaudited Financial Statements
For the Period 1 November 2021 to 30 April 2023
EAM London Limited
Chartered Tax Accountants
215-221 Borough High Street
London
SE1 1JA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 12239254
30 April 2023 31 October 2021
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 412,159 -
Cash at bank and in hand 740 1
412,899 1
Creditors: Amounts Falling Due Within One Year 5 (291,338 ) -
NET CURRENT ASSETS (LIABILITIES) 121,561 1
TOTAL ASSETS LESS CURRENT LIABILITIES 121,561 1
Creditors: Amounts Falling Due After More Than One Year 6 (2,403,993 ) -
NET (LIABILITIES)/ASSETS (2,282,432 ) 1
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (2,282,433 ) -
SHAREHOLDERS' FUNDS (2,282,432) 1
For the period ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Michael Seal
Director
24/04/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The Well Ip Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12239254 . The registered office is Black Hangar Studios, Lasham Airfield, Alton, GU34 5SR.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
The company has been incorporated to make a film called “The Fallow Few”. In common with the film and television industry, the majority of the crew were hired on short term contracts for the duration of principal photography or were self-employed. Number of directors active for the year: 1 (2021: 1)
1 1
4. Debtors
30 April 2023 31 October 2021
£ £
Due within one year
Other debtors 412,159 -
5. Creditors: Amounts Falling Due Within One Year
30 April 2023 31 October 2021
£ £
Trade creditors 288,235 -
Other creditors 3,103 -
291,338 -
6. Creditors: Amounts Falling Due After More Than One Year
30 April 2023 31 October 2021
£ £
Other creditors 2,403,993 -
7. Share Capital
30 April 2023 31 October 2021
£ £
Allotted, Called up and fully paid 1 1
Page 2