Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 11428106 Mr Adam Weaver Mr William Meacham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11428106 2023-06-30 11428106 2024-06-30 11428106 2023-07-01 2024-06-30 11428106 frs-core:CurrentFinancialInstruments 2024-06-30 11428106 frs-core:Non-currentFinancialInstruments 2024-06-30 11428106 frs-core:BetweenOneFiveYears 2024-06-30 11428106 frs-core:ComputerEquipment 2024-06-30 11428106 frs-core:ComputerEquipment 2023-07-01 2024-06-30 11428106 frs-core:ComputerEquipment 2023-06-30 11428106 frs-core:MotorVehicles 2024-06-30 11428106 frs-core:MotorVehicles 2023-07-01 2024-06-30 11428106 frs-core:MotorVehicles 2023-06-30 11428106 frs-core:PlantMachinery 2024-06-30 11428106 frs-core:PlantMachinery 2023-07-01 2024-06-30 11428106 frs-core:PlantMachinery 2023-06-30 11428106 frs-core:WithinOneYear 2024-06-30 11428106 frs-core:ShareCapital 2024-06-30 11428106 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 11428106 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11428106 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 11428106 frs-bus:SmallEntities 2023-07-01 2024-06-30 11428106 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11428106 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 11428106 frs-bus:Director1 2023-07-01 2024-06-30 11428106 frs-bus:Director2 2023-07-01 2024-06-30 11428106 frs-core:CurrentFinancialInstruments 1 2024-06-30 11428106 frs-core:CurrentFinancialInstruments 2 2024-06-30 11428106 frs-countries:EnglandWales 2023-07-01 2024-06-30 11428106 2022-06-30 11428106 2023-06-30 11428106 2022-07-01 2023-06-30 11428106 frs-core:CurrentFinancialInstruments 2023-06-30 11428106 frs-core:Non-currentFinancialInstruments 2023-06-30 11428106 frs-core:BetweenOneFiveYears 2023-06-30 11428106 frs-core:WithinOneYear 2023-06-30 11428106 frs-core:ShareCapital 2023-06-30 11428106 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 11428106 frs-core:CurrentFinancialInstruments 1 2023-06-30 11428106 frs-core:CurrentFinancialInstruments 2 2023-06-30
Registered number: 11428106
Weaver Plant Ltd
Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11428106
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,095,274 862,455
1,095,274 862,455
CURRENT ASSETS
Stocks 5 177,310 49,317
Debtors 6 150,819 150,352
Cash at bank and in hand 64,210 87,471
392,339 287,140
Creditors: Amounts Falling Due Within One Year 7 (436,214 ) (380,577 )
NET CURRENT ASSETS (LIABILITIES) (43,875 ) (93,437 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,051,399 769,018
Creditors: Amounts Falling Due After More Than One Year 8 (644,529 ) (465,708 )
NET ASSETS 406,870 303,310
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 406,770 303,210
SHAREHOLDERS' FUNDS 406,870 303,310
Page 1
Page 2
For the year ending 30 June 2024 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 William Meacham
Director
24/09/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Weaver Plant Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11428106 . The registered office is Wellington House, 273-275 High Street, London Colney, Hertfordshire, AL2 1HA.
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:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 33% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 4)
7 4
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 1,262,830 147,857 994 1,411,681
Additions 438,059 216,385 - 654,444
Disposals (112,960 ) (44,600 ) - (157,560 )
As at 30 June 2024 1,587,929 319,642 994 1,908,565
Depreciation
As at 1 July 2023 484,480 64,303 443 549,226
Provided during the period 294,233 41,502 332 336,067
Disposals (58,342 ) (13,660 ) - (72,002 )
As at 30 June 2024 720,371 92,145 775 813,291
Net Book Value
As at 30 June 2024 867,558 227,497 219 1,095,274
As at 1 July 2023 778,350 83,554 551 862,455
5. Stocks
2024 2023
£ £
Work in progress 177,310 49,317
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 143,049 135,984
Cis deductions 6,205 6,205
VAT 1,565 8,163
150,819 150,352
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 240,810 199,291
Trade creditors 48,913 86,500
Bank loans and overdrafts - 806
Other loans 70,000 33,200
Other taxes and social security 4,582 1,315
Net wages 1,766 1,766
Other creditors - 1,005
Pension payable 647 293
Accruals and deferred income 2,630 1,675
Directors' loan accounts 66,866 54,726
436,214 380,577
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 637,109 454,041
Bank loans 7,420 11,667
644,529 465,708
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 240,810 199,291
Later than one year and not later than five years 637,109 454,041
877,919 653,332
877,919 653,332
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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