Acorah Software Products - Accounts Production 15.0.500 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09334758 Mr Benjamin Lee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09334758 2022-11-30 09334758 2023-11-30 09334758 2022-12-01 2023-11-30 09334758 frs-core:CurrentFinancialInstruments 2023-11-30 09334758 frs-core:MotorVehicles 2023-11-30 09334758 frs-core:MotorVehicles 2022-12-01 2023-11-30 09334758 frs-core:MotorVehicles 2022-11-30 09334758 frs-core:ShareCapital 2023-11-30 09334758 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09334758 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09334758 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09334758 frs-bus:SmallEntities 2022-12-01 2023-11-30 09334758 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09334758 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09334758 frs-bus:Director1 2022-12-01 2023-11-30 09334758 frs-countries:EnglandWales 2022-12-01 2023-11-30 09334758 2021-11-30 09334758 2022-11-30 09334758 2021-12-01 2022-11-30 09334758 frs-core:CurrentFinancialInstruments 2022-11-30 09334758 frs-core:ShareCapital 2022-11-30 09334758 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09334758
B Wel Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Landsborough Accounting Services Ltd
Abbots Cottage
Abbots Way
Guildford
Surrey
GU1 2XP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09334758
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Cash at bank and in hand 68 167
68 167
Creditors: Amounts Falling Due Within One Year 6 (9,224 ) (13,363 )
NET CURRENT ASSETS (LIABILITIES) (9,156 ) (13,196 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,156 ) (13,196 )
NET LIABILITIES (9,156 ) (13,196 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (9,256 ) (13,296 )
SHAREHOLDERS' FUNDS (9,156) (13,196)
For the year ending 30 November 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 Benjamin Lee
Director
01/08/2024
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
B Wel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09334758 . The registered office is Abbots Cottage, Abbors Way, Guildford, Surrey, GU1 2XP.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Motor Vehicles 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
1 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 December 2022 2,650
As at 30 November 2023 2,650
Depreciation
As at 1 December 2022 2,650
As at 30 November 2023 2,650
Net Book Value
As at 30 November 2023 -
As at 1 December 2022 -
Page 2
Page 3
5. Debtors
2023 2022
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 515 375
Director's loan account 8,709 12,988
9,224 13,363
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 3