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 12320818 Mrs Denise Wyke Mr Gerald Wyke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12320818 2022-11-30 12320818 2023-11-30 12320818 2022-12-01 2023-11-30 12320818 frs-core:CurrentFinancialInstruments 2023-11-30 12320818 frs-core:Non-currentFinancialInstruments 2023-11-30 12320818 frs-core:FurnitureFittings 2023-11-30 12320818 frs-core:FurnitureFittings 2022-12-01 2023-11-30 12320818 frs-core:FurnitureFittings 2022-11-30 12320818 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 12320818 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 12320818 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 12320818 frs-core:PlantMachinery 2023-11-30 12320818 frs-core:PlantMachinery 2022-12-01 2023-11-30 12320818 frs-core:PlantMachinery 2022-11-30 12320818 frs-core:ShareCapital 2023-11-30 12320818 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 12320818 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12320818 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 12320818 frs-bus:SmallEntities 2022-12-01 2023-11-30 12320818 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12320818 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 12320818 frs-bus:Director1 2022-12-01 2023-11-30 12320818 frs-bus:Director2 2022-12-01 2023-11-30 12320818 frs-core:CurrentFinancialInstruments 1 2023-11-30 12320818 frs-core:Non-currentFinancialInstruments 1 2023-11-30 12320818 frs-core:CurrentFinancialInstruments 2 2023-11-30 12320818 frs-core:Non-currentFinancialInstruments 2 2023-11-30 12320818 frs-core:Non-currentFinancialInstruments 3 2023-11-30 12320818 frs-core:Non-currentFinancialInstruments 4 2023-11-30 12320818 frs-countries:EnglandWales 2022-12-01 2023-11-30 12320818 2021-11-30 12320818 2022-11-30 12320818 2021-12-01 2022-11-30 12320818 frs-core:CurrentFinancialInstruments 2022-11-30 12320818 frs-core:Non-currentFinancialInstruments 2022-11-30 12320818 frs-core:ShareCapital 2022-11-30 12320818 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 12320818 frs-core:CurrentFinancialInstruments 1 2022-11-30 12320818 frs-core:Non-currentFinancialInstruments 1 2022-11-30 12320818 frs-core:CurrentFinancialInstruments 2 2022-11-30 12320818 frs-core:Non-currentFinancialInstruments 2 2022-11-30 12320818 frs-core:Non-currentFinancialInstruments 3 2022-11-30 12320818 frs-core:Non-currentFinancialInstruments 4 2022-11-30
Registered number: 12320818
Wyke Lodges Ltd
Financial Statements
For The Year Ended 30 November 2023
TaxAssist Accountants
Arnison House
139A High Street
Yarm
Cleveland
TS15 9AY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12320818
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 584,331 345,195
584,331 345,195
CURRENT ASSETS
Debtors 5 55,040 5,496
Cash at bank and in hand 3,392 34,188
58,432 39,684
Creditors: Amounts Falling Due Within One Year 6 (71,788 ) (56,116 )
NET CURRENT ASSETS (LIABILITIES) (13,356 ) (16,432 )
TOTAL ASSETS LESS CURRENT LIABILITIES 570,975 328,763
Creditors: Amounts Falling Due After More Than One Year 7 (774,871 ) (525,502 )
NET LIABILITIES (203,896 ) (196,739 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (203,898 ) (196,741 )
SHAREHOLDERS' FUNDS (203,896) (196,739)
Page 1
Page 2
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 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 Profit and Loss Account.
On behalf of the board
Mr Gerald Wyke
Director
24th July 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wyke Lodges Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12320818 . The registered office is Arnison House, 139A High Street, Yarm, TS15 9AY.
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:
Freehold 2% RB
Plant & Machinery 15% RB
Fixtures & Fittings 10% RB
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. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 December 2022 284,717 - 67,198 351,915
Additions 209,167 17,331 27,686 254,184
As at 30 November 2023 493,884 17,331 94,884 606,099
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 December 2022 - - 6,720 6,720
Provided during the period 3,632 2,600 8,816 15,048
As at 30 November 2023 3,632 2,600 15,536 21,768
Net Book Value
As at 30 November 2023 490,252 14,731 79,348 584,331
As at 1 December 2022 284,717 - 60,478 345,195
5. Debtors
2023 2022
£ £
Due within one year
RBC Bond 20,000 -
NPower Grid 35,040 -
VAT - 5,496
55,040 5,496
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 16,252 903
CIS / PAYE 538 609
VAT 107 -
Accruals 2,450 2,159
Directors' loan accounts 52,441 52,445
71,788 56,116
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 10,002 14,000
IM Loan 110,501 110,501
CW Loan 160,501 160,501
CHW Loan 433,867 180,500
KW Loan 60,000 60,000
774,871 525,502
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
Page 4