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 2090372 Mr Paul Conway Mr Simon Gottschalk Mr David Challenger Mr Stephen Foster Stephen Foster true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 2090372 2022-12-31 2090372 2023-12-31 2090372 2023-01-01 2023-12-31 2090372 frs-core:CurrentFinancialInstruments 2023-12-31 2090372 frs-core:Non-currentFinancialInstruments 2023-12-31 2090372 frs-core:FurnitureFittings 2023-12-31 2090372 frs-core:FurnitureFittings 2023-01-01 2023-12-31 2090372 frs-core:FurnitureFittings 2022-12-31 2090372 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 2090372 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 2090372 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 2090372 frs-core:PlantMachinery 2023-01-01 2023-12-31 2090372 frs-core:ShareCapital 2023-12-31 2090372 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 2090372 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 2090372 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 2090372 frs-bus:SmallEntities 2023-01-01 2023-12-31 2090372 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 2090372 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 2090372 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 2090372 frs-bus:OrdinaryShareClass1 2023-12-31 2090372 1 2023-01-01 2023-12-31 2090372 frs-bus:Director1 2023-01-01 2023-12-31 2090372 frs-bus:Director1 2022-12-31 2090372 frs-bus:Director1 2023-12-31 2090372 frs-bus:Director2 2023-01-01 2023-12-31 2090372 frs-bus:Director3 2023-01-01 2023-12-31 2090372 frs-bus:Director4 2023-01-01 2023-12-31 2090372 frs-countries:EnglandWales 2023-01-01 2023-12-31 2090372 2021-12-31 2090372 2022-12-31 2090372 2022-01-01 2022-12-31 2090372 frs-core:CurrentFinancialInstruments 2022-12-31 2090372 frs-core:Non-currentFinancialInstruments 2022-12-31 2090372 frs-core:ShareCapital 2022-12-31 2090372 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 2090372 frs-bus:OrdinaryShareClass1 2022-01-01 2022-12-31
Registered number: 2090372
Westerheath Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 2090372
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,061 6,970
5,061 6,970
CURRENT ASSETS
Debtors 5 9,131 734
Cash at bank and in hand 3,675 13,435
12,806 14,169
Creditors: Amounts Falling Due Within One Year 6 (8,047 ) (7,409 )
NET CURRENT ASSETS (LIABILITIES) 4,759 6,760
TOTAL ASSETS LESS CURRENT LIABILITIES 9,820 13,730
Creditors: Amounts Falling Due After More Than One Year 7 (3,833 ) (5,833 )
NET ASSETS 5,987 7,897
CAPITAL AND RESERVES
Called up share capital 8 34,252 34,252
Profit and Loss Account (28,265 ) (26,355 )
SHAREHOLDERS' FUNDS 5,987 7,897
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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 Stephen Foster
Director
16 September 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
Westerheath Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 2090372 . The registered office is Crown Fitness Club Crown Hill, Llantwit Fardre, Pontypridd, Mid Glamorgam, CF38 2NB.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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 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:
Leasehold straight line over the life of the lease
Plant & Machinery over 7 years
Fixtures & Fittings over 7 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
Sales, marketing and distribution 3 4
4 5
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 4,059 53,798 57,857
Additions - 279 279
As at 31 December 2023 4,059 54,077 58,136
Depreciation
As at 1 January 2023 3,807 47,080 50,887
Provided during the period 110 2,078 2,188
As at 31 December 2023 3,917 49,158 53,075
Net Book Value
As at 31 December 2023 142 4,919 5,061
As at 1 January 2023 252 6,718 6,970
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,359 734
Directors' loan accounts 7,772 -
9,131 734
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 2,000 2,000
Other taxes and social security 37 -
Net wages creditor 1,021 -
Other creditor 4,837 4,803
Accruals and deferred income 152 606
8,047 7,409
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7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 3,833 5,833
3,833 5,833
8. Share Capital
2023 2022
Allotted, called up and fully paid £ £
34,252 Ordinary Shares of £ 1 each 34,252 34,252
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Stephen Foster - 7,772 - - 7,772
The above loan is unsecured, interest free and repayable on demand.
10. Ultimate Controlling Party
The company's ultimate controlling party is Stephen Foster by virtue of his ownership of 75% of the issued share capital in the company.
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