Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11867435 Mrs Elizabeth Caffery Mrs Elizabeth Caffery true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11867435 2023-03-31 11867435 2024-03-31 11867435 2023-04-01 2024-03-31 11867435 frs-core:CurrentFinancialInstruments 2024-03-31 11867435 frs-core:Non-currentFinancialInstruments 2024-03-31 11867435 frs-core:ComputerEquipment 2024-03-31 11867435 frs-core:ComputerEquipment 2023-04-01 2024-03-31 11867435 frs-core:ComputerEquipment 2023-03-31 11867435 frs-core:ShareCapital 2024-03-31 11867435 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11867435 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11867435 frs-bus:SmallEntities 2023-04-01 2024-03-31 11867435 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11867435 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11867435 1 2023-04-01 2024-03-31 11867435 frs-bus:Director1 2023-04-01 2024-03-31 11867435 frs-bus:Director1 2023-03-31 11867435 frs-bus:Director1 2024-03-31 11867435 frs-countries:EnglandWales 2023-04-01 2024-03-31 11867435 2022-03-31 11867435 2023-03-31 11867435 2022-04-01 2023-03-31 11867435 frs-core:CurrentFinancialInstruments 2023-03-31 11867435 frs-core:Non-currentFinancialInstruments 2023-03-31 11867435 frs-core:WithinOneYear 2023-03-31 11867435 frs-core:ShareCapital 2023-03-31
Registered number: 11867435
Weston Green Partners Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11867435
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,042 244
1,042 244
CURRENT ASSETS
Debtors 5 79,629 66,781
Cash at bank and in hand 2,147 982
81,776 67,763
Creditors: Amounts Falling Due Within One Year 6 (67,471 ) (45,590 )
NET CURRENT ASSETS (LIABILITIES) 14,305 22,173
TOTAL ASSETS LESS CURRENT LIABILITIES 15,347 22,417
Creditors: Amounts Falling Due After More Than One Year 7 (15,148 ) (22,370 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (198 ) (46 )
NET ASSETS 1 1
CAPITAL AND RESERVES
Called up share capital 8 1 1
SHAREHOLDERS' FUNDS 1 1
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For the year ending 31 March 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 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
Mrs Elizabeth Caffery
Director
16/08/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Weston Green Partners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11867435 . The registered office is 25 Weston Road, Thames Ditton, Surrey, KT7 0HN.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Computer Equipment over 3 years
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 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: 1 (2023: 1)
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 1,498
Additions 1,146
Disposals (399 )
As at 31 March 2024 2,245
Depreciation
As at 1 April 2023 1,254
Provided during the period 348
Disposals (399 )
As at 31 March 2024 1,203
Net Book Value
As at 31 March 2024 1,042
As at 1 April 2023 244
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,440 7,079
Prepayments and accrued income 12,250 8,700
Other debtors 10,028 11,420
Director's loan account 19,038 10,273
Amounts owed by other participating interests 36,873 29,309
79,629 66,781
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 7,223 6,017
Other taxes and social security 17,460 11,889
Other creditors 13,137 5,184
Accruals and deferred income 29,651 22,500
67,471 45,590
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 15,148 22,370
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year - 26,100
- 26,100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mrs Elizabeth Caffery 10,273 50,437 41,672 - 19,038
The above loan is unsecured and repayable on demand.
11. Related Party Transactions
Oütsi Group Ltd
During the period, £799 was interest charged to Oütsi Group Ltd, which is a company with a common shareholder. At the end of the year, a debtor balance of £10,792 (2023: £9,993) was outstanding.
Outsy Kids Limited
During the year, costs of £6,765 were paid on behalf of Outsy Kids Limited, which is a company with a common director and shareholder. At the end of the year, a debtor balance of £26,081 (2023: £19,316) was outstanding.
The JobPost Limited
During the year there were £81,533 in sales to The JobPost Limited, which is a company where the spouse of a director is a director and shareholder. At the year end, a debtor balance of £1,440 (2023: £2,880) was outstanding.
12. Ultimate Controlling Party
The company's ultimate controlling party is Mrs Elizabeth Caffery by virtue of her ownership of 100% of the issued share capital in the company.
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