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 05518133 Mr Kristian Ruse true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05518133 2022-12-31 05518133 2023-12-31 05518133 2023-01-01 2023-12-31 05518133 frs-core:CurrentFinancialInstruments 2023-12-31 05518133 frs-core:Non-currentFinancialInstruments 2023-12-31 05518133 frs-core:BetweenOneFiveYears 2023-12-31 05518133 frs-core:ComputerEquipment 2023-12-31 05518133 frs-core:ComputerEquipment 2023-01-01 2023-12-31 05518133 frs-core:ComputerEquipment 2022-12-31 05518133 frs-core:FurnitureFittings 2023-12-31 05518133 frs-core:FurnitureFittings 2023-01-01 2023-12-31 05518133 frs-core:FurnitureFittings 2022-12-31 05518133 frs-core:NetGoodwill 2023-12-31 05518133 frs-core:NetGoodwill 2023-01-01 2023-12-31 05518133 frs-core:NetGoodwill 2022-12-31 05518133 frs-core:PlantMachinery 2023-12-31 05518133 frs-core:PlantMachinery 2023-01-01 2023-12-31 05518133 frs-core:PlantMachinery 2022-12-31 05518133 frs-core:WithinOneYear 2023-12-31 05518133 frs-core:ShareCapital 2023-12-31 05518133 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05518133 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05518133 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 05518133 frs-bus:SmallEntities 2023-01-01 2023-12-31 05518133 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05518133 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05518133 1 2023-01-01 2023-12-31 05518133 frs-bus:Director1 2023-01-01 2023-12-31 05518133 frs-countries:EnglandWales 2023-01-01 2023-12-31 05518133 2021-12-31 05518133 2022-12-31 05518133 2022-01-01 2022-12-31 05518133 frs-core:CurrentFinancialInstruments 2022-12-31 05518133 frs-core:Non-currentFinancialInstruments 2022-12-31 05518133 frs-core:BetweenOneFiveYears 2022-12-31 05518133 frs-core:WithinOneYear 2022-12-31 05518133 frs-core:ShareCapital 2022-12-31 05518133 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 05518133
Weybridge Skip Hire Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05518133
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 270,888 363,765
Tangible Assets 5 69,698 79,946
340,586 443,711
CURRENT ASSETS
Debtors 6 2,018,044 2,186,458
Cash at bank and in hand 1,041 1,212
2,019,085 2,187,670
Creditors: Amounts Falling Due Within One Year 7 (825,973 ) (841,454 )
NET CURRENT ASSETS (LIABILITIES) 1,193,112 1,346,216
TOTAL ASSETS LESS CURRENT LIABILITIES 1,533,698 1,789,927
Creditors: Amounts Falling Due After More Than One Year 8 (679,242 ) (899,894 )
NET ASSETS 854,456 890,033
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 854,454 890,031
SHAREHOLDERS' FUNDS 854,456 890,033
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 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Weybridge Skip Hire Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05518133 . 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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
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:
Plant & Machinery Straight Line 15 Years
Fixtures & Fittings Straight Line 33%
Computer Equipment Straight Line 33%
2.5. 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.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: 1)
- 1
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 939,609
As at 31 December 2023 939,609
Amortisation
As at 1 January 2023 575,844
Provided during the period 92,877
As at 31 December 2023 668,721
Net Book Value
As at 31 December 2023 270,888
As at 1 January 2023 363,765
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 94,384 32,013 7,484 133,881
Additions - - 8,007 8,007
As at 31 December 2023 94,384 32,013 15,491 141,888
Depreciation
As at 1 January 2023 25,619 24,942 3,374 53,935
Provided during the period 7,633 7,071 3,551 18,255
As at 31 December 2023 33,252 32,013 6,925 72,190
Net Book Value
As at 31 December 2023 61,132 - 8,566 69,698
As at 1 January 2023 68,765 7,071 4,110 79,946
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 471,905 391,239
Prepayments and accrued income 70,270 11,960
Other debtors 2 2
Amounts owed by group undertakings 1,475,867 1,783,257
2,018,044 2,186,458
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 59,058 56,972
Trade creditors 406,856 307,164
Bank loans and overdrafts 144,641 119,380
Other taxes and social security 75,776 163,800
Other creditors 111,325 116,885
Accruals and deferred income 28,317 77,253
825,973 841,454
The bank overdraft of £71,345 is secured in favour of HSBC Bank plc, by way of a fixed and floating charge over all the assets of the Company and it's fellow subsidiaries.
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 362,714 420,028
Bank loans 166,809 236,147
Other creditors 149,719 243,719
679,242 899,894
The Company has a fixed and floating charge over all the assets of the Company and it's fellow subsidiaries in favour of Peter David Ruse over his remaining debt owed by the company of £253,719 (2022 - £347,719).
The Company's HP liabilities are secured over the assets to which they relate.
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 59,058 56,972
Later than one year and not later than five years 362,714 420,028
421,772 477,000
421,772 477,000
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
11. Related Party Transactions
The company has taken the exemption under FRS102 section 33.1A not to disclose transations and balances with other members of the group on the basis they are wholly owned.
12. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Weybridge Group Services Limited. which was incorporated in England and Wales.  The registered office is No 5 The Heights,  Brooklands, Weybridge, Surrey.  KT13 0NY
Page 5