Acorah Software Products - Accounts Production 15.0.500 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 10441825 Mr Kristian Ruse iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10441825 2022-12-31 10441825 2023-12-31 10441825 2023-01-01 2023-12-31 10441825 frs-core:CurrentFinancialInstruments 2023-12-31 10441825 frs-core:Non-currentFinancialInstruments 2023-12-31 10441825 frs-core:BetweenOneFiveYears 2023-12-31 10441825 frs-core:ComputerEquipment 2023-12-31 10441825 frs-core:ComputerEquipment 2023-01-01 2023-12-31 10441825 frs-core:ComputerEquipment 2022-12-31 10441825 frs-core:FurnitureFittings 2023-12-31 10441825 frs-core:FurnitureFittings 2023-01-01 2023-12-31 10441825 frs-core:FurnitureFittings 2022-12-31 10441825 frs-core:MotorVehicles 2023-12-31 10441825 frs-core:MotorVehicles 2023-01-01 2023-12-31 10441825 frs-core:MotorVehicles 2022-12-31 10441825 frs-core:PlantMachinery 2023-12-31 10441825 frs-core:PlantMachinery 2023-01-01 2023-12-31 10441825 frs-core:PlantMachinery 2022-12-31 10441825 frs-core:WithinOneYear 2023-12-31 10441825 frs-core:ShareCapital 2023-12-31 10441825 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 10441825 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10441825 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10441825 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10441825 frs-bus:SmallEntities 2023-01-01 2023-12-31 10441825 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10441825 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10441825 frs-core:ListedExchangeTraded 2023-12-31 10441825 frs-core:ListedExchangeTraded 2022-12-31 10441825 frs-core:CostValuation frs-core:ListedExchangeTraded 2022-12-31 10441825 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 10441825 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2022-12-31 10441825 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 10441825 frs-bus:Director1 2023-01-01 2023-12-31 10441825 frs-countries:EnglandWales 2023-01-01 2023-12-31 10441825 2021-12-31 10441825 2022-12-31 10441825 2022-01-01 2022-12-31 10441825 frs-core:CurrentFinancialInstruments 2022-12-31 10441825 frs-core:Non-currentFinancialInstruments 2022-12-31 10441825 frs-core:BetweenOneFiveYears 2022-12-31 10441825 frs-core:WithinOneYear 2022-12-31 10441825 frs-core:ShareCapital 2021-12-31 10441825 frs-core:ShareCapital 2022-12-31 10441825 frs-core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 10441825 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2021-12-31 10441825 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 10441825
Weybridge Group Services Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 10441825
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,949,947 3,757,608
Investments 5 2 2
3,949,949 3,757,610
CURRENT ASSETS
Debtors 6 46,624 285,374
Cash at bank and in hand 87,408 251,811
134,032 537,185
Creditors: Amounts Falling Due Within One Year 7 (2,675,934 ) (2,905,212 )
NET CURRENT ASSETS (LIABILITIES) (2,541,902 ) (2,368,027 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,408,047 1,389,583
Creditors: Amounts Falling Due After More Than One Year 8 (1,404,472 ) (1,391,008 )
NET ASSETS/(LIABILITIES) 3,575 (1,425 )
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 3,573 (1,427 )
SHAREHOLDERS' FUNDS 3,575 (1,425)
Page 1
Page 2
For the year ending 31 December 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 Kristian Ruse
Director
31/07/2024
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 January 2022 2 (1,427 ) (1,425)
Profit for the year and total comprehensive income - - -
As at 31 December 2022 and 1 January 2023 2 (1,427 ) (1,425)
Profit for the year and total comprehensive income - 45,000 45,000
Dividends paid - (40,000) (40,000)
As at 31 December 2023 2 3,573 3,575
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Weybridge Group Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10441825 . The registered office is No. 1 The Heights, Brooklands, Weybridge, KT13 0NY.
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.
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:
Plant & Machinery Straight line over 15 years
Motor Vehicles Straight line over 5 years
Fixtures & Fittings Straight line over 20 years
Computer Equipment Straight line over 5 years
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: 1)
- 1
Page 4
Page 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 2,505,108 1,845,424 985,387 11,249 5,347,168
Additions 387,613 358,490 86,698 1,395 834,196
Disposals - (113,750 ) - - (113,750 )
As at 31 December 2023 2,892,721 2,090,164 1,072,085 12,644 6,067,614
Depreciation
As at 1 January 2023 693,289 868,871 16,151 11,249 1,589,560
Provided during the period 213,910 319,594 53,277 92 586,873
Disposals - (58,766 ) - - (58,766 )
As at 31 December 2023 907,199 1,129,699 69,428 11,341 2,117,667
Net Book Value
As at 31 December 2023 1,985,522 960,465 1,002,657 1,303 3,949,947
As at 1 January 2023 1,811,819 976,553 969,236 - 3,757,608
5. Investments
Listed
£
Cost
As at 1 January 2023 2
As at 31 December 2023 2
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 2
As at 1 January 2023 2
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 12,000 10,000
VAT 34,624 275,374
46,624 285,374
Page 5
Page 6
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 537,734 519,940
Other creditors 659,103 604,798
Accruals and deferred income 7,388 -
Amounts owed to group undertakings 1,471,709 1,780,474
2,675,934 2,905,212
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 1,404,472 1,391,008
1,404,472 1,391,008
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 537,734 519,940
Later than one year and not later than five years 1,404,472 1,391,008
1,942,206 1,910,948
1,942,206 1,910,948
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
11. Dividends
2023 2022
£ £
On equity shares:
Final dividend paid 40,000 -
40,000 -
Page 6