Acorah Software Products - Accounts Production 15.0.500 false true true No description of principal activity 6 June 2023 30 June 2024 30 June 2024 14916841 Mrs Melanie White iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14916841 2023-06-05 14916841 2024-06-30 14916841 2023-06-06 2024-06-30 14916841 frs-core:CurrentFinancialInstruments 2024-06-30 14916841 frs-core:PlantMachinery 2024-06-30 14916841 frs-core:PlantMachinery 2023-06-06 2024-06-30 14916841 frs-core:PlantMachinery 2023-06-05 14916841 frs-core:ShareCapital 2024-06-30 14916841 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14916841 frs-bus:PrivateLimitedCompanyLtd 2023-06-06 2024-06-30 14916841 frs-bus:FullAccounts 2023-06-06 2024-06-30 14916841 frs-bus:SmallEntities 2023-06-06 2024-06-30 14916841 frs-bus:AuditExemptWithAccountantsReport 2023-06-06 2024-06-30 14916841 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-06 2024-06-30 14916841 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-06-06 2024-06-30 14916841 frs-bus:Director1 2023-06-06 2024-06-30 14916841 frs-countries:EnglandWales 2023-06-06 2024-06-30
Registered number: 14916841
Wren Nest Ltd
Director's Report and
Unaudited Financial Statements
For the Period 6 June 2023 to 30 June 2024
NSBA Ltd
ACMA
17d Back Lane Wymondham
Norwich
NR18 0QB
Contents
Page
Company Information 1
Director's Report 2
Accountant's Report 3
Profit and Loss Account 4
Balance Sheet 5
Notes to the Financial Statements 6—7
Page 1
Company Information
Director Mrs Melanie White
Company Number 14916841
Registered Office NSBA Ltd
17D Back Lane
Wymondham
NR18 0QB
Accountants NSBA Ltd
ACMA
17d Back Lane Wymondham
Norwich
NR18 0QB
Page 1
Page 2
Director's Report
The director presents her report and the financial statements for the period ended 30 June 2024.
Directors
The director who held office during the period were as follows:
Mrs Melanie White
Statement of Director's Responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mrs Melanie White
Director
16/08/2024
Page 2
Page 3
Accountant's Report
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at period ended 30 June 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
16/08/2024
NSBA Ltd
ACMA
17d Back Lane Wymondham
Norwich
NR18 0QB
Page 3
Page 4
Profit and Loss Account
30 June 2024
Notes £
TURNOVER 57,005
GROSS PROFIT 57,005
Administrative expenses (16,027 )
OPERATING PROFIT AND PROFIT BEFORE TAXATION 40,978
Tax on Profit (7,717 )
PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL PERIOD 33,261
The notes on pages 6 to 7 form part of these financial statements.
Page 4
Page 5
Balance Sheet
30 June 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,430
1,430
CURRENT ASSETS
Debtors 5 2,193
Cash at bank and in hand 6,319
8,512
Creditors: Amounts Falling Due Within One Year 6 (7,979 )
NET CURRENT ASSETS (LIABILITIES) 533
TOTAL ASSETS LESS CURRENT LIABILITIES 1,963
NET ASSETS 1,963
CAPITAL AND RESERVES
Called up share capital 7 2
Profit and Loss Account 1,961
SHAREHOLDERS' FUNDS 1,963
For the period ending 30 June 2024 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mrs Melanie White
Director
16/08/2024
The notes on pages 6 to 7 form part of these financial statements.
Page 5
Page 6
Notes to the Financial Statements
1. General Information
Wren Nest Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14916841 . The registered office is NSBA Ltd, 17D Back Lane, Wymondham, NR18 0QB.
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:
Plant & Machinery 20%
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
Page 6
Page 7
4. Tangible Assets
Plant & Machinery
£
Cost
As at 6 June 2023 -
Additions 1,788
As at 30 June 2024 1,788
Depreciation
As at 6 June 2023 -
Provided during the period 358
As at 30 June 2024 358
Net Book Value
As at 30 June 2024 1,430
As at 6 June 2023 -
5. Debtors
30 June 2024
£
Due within one year
Trade debtors 2,193
6. Creditors: Amounts Falling Due Within One Year
30 June 2024
£
Other creditors 262
Taxation and social security 7,717
7,979
7. Share Capital
30 June 2024
£
Allotted, Called up and fully paid 2
Page 7