Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 04088172 Mr Theodore Emiantor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04088172 2022-12-31 04088172 2023-12-31 04088172 2023-01-01 2023-12-31 04088172 frs-core:CurrentFinancialInstruments 2023-12-31 04088172 frs-core:Non-currentFinancialInstruments 2023-12-31 04088172 frs-core:ComputerEquipment 2023-12-31 04088172 frs-core:ComputerEquipment 2022-12-31 04088172 frs-core:FurnitureFittings 2023-12-31 04088172 frs-core:FurnitureFittings 2022-12-31 04088172 frs-core:ShareCapital 2023-12-31 04088172 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04088172 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04088172 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04088172 frs-bus:SmallEntities 2023-01-01 2023-12-31 04088172 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04088172 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04088172 frs-bus:Director1 2023-01-01 2023-12-31 04088172 frs-countries:EnglandWales 2023-01-01 2023-12-31 04088172 2021-12-31 04088172 2022-12-31 04088172 2022-01-01 2022-12-31 04088172 frs-core:CurrentFinancialInstruments 2022-12-31 04088172 frs-core:Non-currentFinancialInstruments 2022-12-31 04088172 frs-core:ShareCapital 2022-12-31 04088172 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 04088172
Westminster Accountancy Limited
Financial Statements
For The Year Ended 31 December 2023
Westminster Accountancy Limited
9 Chapel Place
Rivington Street
London
England
EC2A 3DQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04088172
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 315,020 315,020
315,020 315,020
CURRENT ASSETS
Debtors 5 378,861 383,719
Cash at bank and in hand 18,385 13,527
397,246 397,246
Creditors: Amounts Falling Due Within One Year 6 (351,478 ) (344,117 )
NET CURRENT ASSETS (LIABILITIES) 45,768 53,129
TOTAL ASSETS LESS CURRENT LIABILITIES 360,788 368,149
Creditors: Amounts Falling Due After More Than One Year 7 (83,936 ) (83,936 )
NET ASSETS 276,852 284,213
CAPITAL AND RESERVES
Called up share capital 8 150 150
Profit and Loss Account 276,702 284,063
SHAREHOLDERS' FUNDS 276,852 284,213
Page 1
Page 2
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 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 Theodore Emiantor
Director
18/09/2024
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
Westminster Accountancy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04088172 . The registered office is 9 Chapel Place , Rivington Street, London, EC2A 3DQ.
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:
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2022: 7)
7 7
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 328,959 54,465 383,424
As at 31 December 2023 328,959 54,465 383,424
Depreciation
As at 1 January 2023 15,296 53,108 68,404
As at 31 December 2023 15,296 53,108 68,404
Net Book Value
As at 31 December 2023 313,663 1,357 315,020
As at 1 January 2023 313,663 1,357 315,020
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 59,612 64,470
Other debtors 319,249 319,249
378,861 383,719
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,000 1,001
Other creditors 350,478 343,116
351,478 344,117
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 83,936 83,936
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 150 150
Page 4