Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 11667252 Mr Walter Avrili Mrs Clare Avrili iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11667252 2022-11-30 11667252 2023-11-30 11667252 2022-12-01 2023-11-30 11667252 frs-core:CurrentFinancialInstruments 2023-11-30 11667252 frs-core:FurnitureFittings 2023-11-30 11667252 frs-core:FurnitureFittings 2022-12-01 2023-11-30 11667252 frs-core:FurnitureFittings 2022-11-30 11667252 frs-core:ShareCapital 2023-11-30 11667252 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11667252 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11667252 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 11667252 frs-bus:SmallEntities 2022-12-01 2023-11-30 11667252 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11667252 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11667252 frs-bus:Director1 2022-12-01 2023-11-30 11667252 frs-bus:Director2 2022-12-01 2023-11-30 11667252 frs-countries:EnglandWales 2022-12-01 2023-11-30 11667252 2021-11-30 11667252 2022-11-30 11667252 2021-12-01 2022-11-30 11667252 frs-core:CurrentFinancialInstruments 2022-11-30 11667252 frs-core:ShareCapital 2022-11-30 11667252 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 11667252
Waa Consulting Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11667252
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,807 733
1,807 733
CURRENT ASSETS
Debtors 5 - 61
Cash at bank and in hand 18,221 44,616
18,221 44,677
Creditors: Amounts Falling Due Within One Year 6 (8,488 ) (21,662 )
NET CURRENT ASSETS (LIABILITIES) 9,733 23,015
TOTAL ASSETS LESS CURRENT LIABILITIES 11,540 23,748
NET ASSETS 11,540 23,748
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 11,440 23,648
SHAREHOLDERS' FUNDS 11,540 23,748
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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 Walter Avrili
Director
28/08/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Waa Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11667252 . The registered office is Epic House, 128 Fulwell Road, Teddington, Middlesex, TW11 0RQ.
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:
Fixtures & Fittings 25% Reducing Balance
2.4. Taxation
Corporation 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 year was: 2 (2022: 2)
2 2
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 December 2022 2,057
Additions 1,676
As at 30 November 2023 3,733
Depreciation
As at 1 December 2022 1,324
Provided during the period 602
As at 30 November 2023 1,926
Net Book Value
As at 30 November 2023 1,807
As at 1 December 2022 733
5. Debtors
2023 2022
£ £
Due within one year
Other taxes and social security - 61
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 1,752 3,310
Other taxes and social security 77 -
Other creditors 1,564 296
Accruals and deferred income 1,480 1,411
Directors' loan accounts 3,615 16,645
8,488 21,662
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
At the balance sheet date Mr W Avrili (Company Director) was owed £3,615 (2022: £16,645).
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