Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09925280 Mr Martin Webb Mrs Laura Webb Miss Mia Webb Miss Ashley Webb true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09925280 2022-12-31 09925280 2023-12-31 09925280 2023-01-01 2023-12-31 09925280 frs-core:CurrentFinancialInstruments 2023-12-31 09925280 frs-core:ComputerEquipment 2023-12-31 09925280 frs-core:ComputerEquipment 2023-01-01 2023-12-31 09925280 frs-core:ComputerEquipment 2022-12-31 09925280 frs-core:FurnitureFittings 2023-12-31 09925280 frs-core:FurnitureFittings 2023-01-01 2023-12-31 09925280 frs-core:FurnitureFittings 2022-12-31 09925280 frs-core:NetGoodwill 2023-12-31 09925280 frs-core:NetGoodwill 2023-01-01 2023-12-31 09925280 frs-core:NetGoodwill 2022-12-31 09925280 frs-core:MotorVehicles 2023-12-31 09925280 frs-core:MotorVehicles 2023-01-01 2023-12-31 09925280 frs-core:MotorVehicles 2022-12-31 09925280 frs-core:SharePremium 2023-12-31 09925280 frs-core:ShareCapital 2023-12-31 09925280 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09925280 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09925280 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09925280 frs-bus:SmallEntities 2023-01-01 2023-12-31 09925280 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09925280 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09925280 1 2023-01-01 2023-12-31 09925280 frs-bus:Director1 2023-01-01 2023-12-31 09925280 frs-bus:Director2 2023-01-01 2023-12-31 09925280 frs-bus:Director3 2023-01-01 2023-12-31 09925280 frs-bus:Director4 2023-01-01 2023-12-31 09925280 frs-countries:EnglandWales 2023-01-01 2023-12-31 09925280 2021-12-31 09925280 2022-12-31 09925280 2022-01-01 2022-12-31 09925280 frs-core:CurrentFinancialInstruments 2022-12-31 09925280 frs-core:SharePremium 2022-12-31 09925280 frs-core:ShareCapital 2022-12-31 09925280 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09925280
Webb House Accountancy Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09925280
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 183,000 183,000
Tangible Assets 5 16,244 5,168
199,244 188,168
CURRENT ASSETS
Debtors 6 88,769 90,694
Cash at bank and in hand 32,599 39,947
121,368 130,641
Creditors: Amounts Falling Due Within One Year 7 (24,034 ) (24,083 )
NET CURRENT ASSETS (LIABILITIES) 97,334 106,558
TOTAL ASSETS LESS CURRENT LIABILITIES 296,578 294,726
NET ASSETS 296,578 294,726
CAPITAL AND RESERVES
Called up share capital 8 200 200
Share premium account 94,140 94,140
Profit and Loss Account 202,238 200,386
SHAREHOLDERS' FUNDS 296,578 294,726
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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 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 Martin Webb
Director
13/08/2024
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
Webb House Accountancy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09925280 . The registered office is 32 Lister Drive, Northampton, NN4 9XE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 not amortised.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% reducing balance method
Fixtures & Fittings 25% reducing balance method
Computer Equipment 25% recucing balance method
2.5. 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 year 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 asset reflects 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 year was: 4 (2022: 5)
4 5
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4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 183,000
As at 31 December 2023 183,000
Net Book Value
As at 31 December 2023 183,000
As at 1 January 2023 183,000
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 - 6,000 10,736 16,736
Additions 15,790 - 700 16,490
As at 31 December 2023 15,790 6,000 11,436 33,226
Depreciation
As at 1 January 2023 - 4,933 6,635 11,568
Provided during the period 3,947 267 1,200 5,414
As at 31 December 2023 3,947 5,200 7,835 16,982
Net Book Value
As at 31 December 2023 11,843 800 3,601 16,244
As at 1 January 2023 - 1,067 4,101 5,168
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 24,738 21,817
Directors' loan accounts 13,348 24,998
Amounts owed by associates 50,683 43,879
88,769 90,694
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,174 (1 )
Corporation tax 6,088 10,696
Other taxes and social security 145 145
VAT 13,327 13,243
Accruals and deferred income 3,300 -
24,034 24,083
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8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 200 200
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
10. Ultimate Controlling Party
The company was under the control of the directors.
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