Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2021 1 January 2021 false 1 January 2022 31 December 2022 31 December 2022 09369040 Mr Stephen Fitzsimons Mr Stephen Fitzsimons iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09369040 2021-12-31 09369040 2022-12-31 09369040 2022-01-01 2022-12-31 09369040 frs-core:CurrentFinancialInstruments 2022-12-31 09369040 frs-core:Non-currentFinancialInstruments 2022-12-31 09369040 frs-core:FurnitureFittings 2022-12-31 09369040 frs-core:FurnitureFittings 2022-01-01 2022-12-31 09369040 frs-core:FurnitureFittings 2021-12-31 09369040 frs-core:ShareCapital 2022-12-31 09369040 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 09369040 frs-bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 09369040 frs-bus:FilletedAccounts 2022-01-01 2022-12-31 09369040 frs-bus:SmallEntities 2022-01-01 2022-12-31 09369040 frs-bus:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 09369040 frs-bus:SmallCompaniesRegimeForAccounts 2022-01-01 2022-12-31 09369040 frs-bus:Director1 2022-01-01 2022-12-31 09369040 frs-bus:Director1 2021-12-31 09369040 frs-bus:Director1 2022-12-31 09369040 frs-bus:CompanySecretary1 2022-01-01 2022-12-31 09369040 frs-countries:EnglandWales 2022-01-01 2022-12-31 09369040 2020-12-31 09369040 2021-12-31 09369040 2021-01-01 2021-12-31 09369040 frs-core:CurrentFinancialInstruments 2021-12-31 09369040 frs-core:Non-currentFinancialInstruments 2021-12-31 09369040 frs-core:ShareCapital 2021-12-31 09369040 frs-core:RetainedEarningsAccumulatedLosses 2021-12-31
Registered number: 09369040
Nwims It Support Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2022
More Than Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09369040
2022 2021
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 540 635
540 635
CURRENT ASSETS
Debtors 5 80,364 33,419
Cash at bank and in hand 1,340 5,251
81,704 38,670
Creditors: Amounts Falling Due Within One Year 6 (21,141 ) (17,637 )
NET CURRENT ASSETS (LIABILITIES) 60,563 21,033
TOTAL ASSETS LESS CURRENT LIABILITIES 61,103 21,668
Creditors: Amounts Falling Due After More Than One Year 7 (19,850 ) (19,850 )
NET ASSETS 41,253 1,818
CAPITAL AND RESERVES
Called up share capital 8 50 50
Profit and Loss Account 41,203 1,768
SHAREHOLDERS' FUNDS 41,253 1,818
Page 1
Page 2
For the year ending 31 December 2022 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 his 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 Stephen Fitzsimons
Director
23/08/2024
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
Nwims It Support Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09369040 . The registered office is Ground Floor, Nautica House, Waters Meeting Road, Bolton, BL1 8SW.
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:
Fixtures & Fittings 15% Reducing Balance Method
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2021: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2022 2,417
As at 31 December 2022 2,417
Depreciation
As at 1 January 2022 1,782
Provided during the period 95
As at 31 December 2022 1,877
Net Book Value
As at 31 December 2022 540
As at 1 January 2022 635
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5. Debtors
2022 2021
£ £
Due within one year
Trade debtors 429 379
Amounts owed by group undertakings 12,911 1,386
Other debtors 67,024 31,654
80,364 33,419
6. Creditors: Amounts Falling Due Within One Year
2022 2021
£ £
Bank loans and overdrafts 367 737
Other creditors 1,292 2,669
Taxation and social security 19,482 14,231
21,141 17,637
7. Creditors: Amounts Falling Due After More Than One Year
2022 2021
£ £
Bank loans 19,850 19,850
8. Share Capital
2022 2021
£ £
Allotted, Called up and fully paid 50 50
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2022 Amounts advanced Amounts repaid Amounts written off As at 31 December 2022
£ £ £ £ £
Mr Stephen Fitzsimons 31,654 35,368 - - 67,022
The above loan is unsecured, interest free and repayable on demand.
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