Acorah Software Products - Accounts Production 14.6.300 false true false 9 June 2023 31 December 2023 31 December 2023 14925296 Mr Nathan Winch iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14925296 2023-06-08 14925296 2023-12-31 14925296 2023-06-09 2023-12-31 14925296 frs-core:CurrentFinancialInstruments 2023-12-31 14925296 frs-core:Non-currentFinancialInstruments 2023-12-31 14925296 frs-core:ComputerEquipment 2023-12-31 14925296 frs-core:ComputerEquipment 2023-06-09 2023-12-31 14925296 frs-core:ComputerEquipment 2023-06-08 14925296 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-09 2023-12-31 14925296 frs-core:OtherResidualIntangibleAssets 2023-12-31 14925296 frs-core:OtherResidualIntangibleAssets 2023-06-09 2023-12-31 14925296 frs-core:OtherResidualIntangibleAssets 2023-06-08 14925296 frs-core:PlantMachinery 2023-12-31 14925296 frs-core:PlantMachinery 2023-06-09 2023-12-31 14925296 frs-core:PlantMachinery 2023-06-08 14925296 frs-core:ShareCapital 2023-12-31 14925296 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14925296 frs-bus:PrivateLimitedCompanyLtd 2023-06-09 2023-12-31 14925296 frs-bus:FilletedAccounts 2023-06-09 2023-12-31 14925296 frs-bus:SmallEntities 2023-06-09 2023-12-31 14925296 frs-bus:AuditExemptWithAccountantsReport 2023-06-09 2023-12-31 14925296 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-09 2023-12-31 14925296 frs-core:UnlistedNon-exchangeTraded 2023-12-31 14925296 frs-core:UnlistedNon-exchangeTraded 2023-06-08 14925296 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-06-08 14925296 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 14925296 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 14925296 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-06-08 14925296 frs-core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 14925296 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 14925296 frs-bus:Director1 2023-06-09 2023-12-31 14925296 frs-countries:EnglandWales 2023-06-09 2023-12-31
Registered number: 14925296
Winch & Co Capital Ltd
Unaudited Financial Statements
For the Period 9 June 2023 to 31 December 2023
Elementary Accountancy Services Limited
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Accountants' Report
Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of Winch & Co Capital Ltd for the period 9 June 2023 to 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Winch & Co Capital Ltd for the period 9 June 2023 to 31 December 2023 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of Winch & Co Capital Ltd , as a body, in accordance with the terms of our engagement letter dated 09 June 2023. Our work has been undertaken solely to prepare for your approval the accounts of Winch & Co Capital Ltd and state those matters that we have agreed to state to the director of Winch & Co Capital Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Winch & Co Capital Ltd and its director, as a body, for our work or for this report.
It is your duty to ensure that Winch & Co Capital Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Winch & Co Capital Ltd . You consider that Winch & Co Capital Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit of the accounts of Winch & Co Capital Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
23/09/2023
Elementary Accountancy Services Limited
36 Dearne Hall Lane
Barnsley
S751FX
Page 1
Page 2
Balance Sheet
Registered number: 14925296
31 December 2023
Notes £ £
FIXED ASSETS
Intangible Assets 4 5,062
Tangible Assets 5 36,523
Investments 6 157,100
198,685
CURRENT ASSETS
Debtors 7 396,057
Cash at bank and in hand 133,110
529,167
Creditors: Amounts Falling Due Within One Year 8 (3,996 )
NET CURRENT ASSETS (LIABILITIES) 525,171
TOTAL ASSETS LESS CURRENT LIABILITIES 723,856
Creditors: Amounts Falling Due After More Than One Year 9 (701,838 )
NET ASSETS 22,018
CAPITAL AND RESERVES
Called up share capital 10 1,074
Profit and Loss Account 20,944
SHAREHOLDERS' FUNDS 22,018
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For the period 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 Nathan Winch
Director
23/09/2024
The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Winch & Co Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14925296 . The registered office is 46 Park Place, Leeds, LS1 2RY.
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. Sales relates to the leasing of plant and machinery and are recognised in line with the enjoyment of the equipment by the customer. 
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are trademarks and website domains. The trademarks are amortised to profit and loss account over its estimated economic life of 10 years. The website domains are not amortised. 
2.4. 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 10 years
Computer Equipment 5 years
2.5. 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 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.
2.6. Investments
Investments are held at cost and reviewed annually for impairment by the director. 
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
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4. Intangible Assets
Other
£
Cost
As at 9 June 2023 -
Additions 5,310
As at 31 December 2023 5,310
Amortisation
As at 9 June 2023 -
Provided during the period 248
As at 31 December 2023 248
Net Book Value
As at 31 December 2023 5,062
As at 9 June 2023 -
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 9 June 2023 - - -
Additions 25,200 17,300 42,500
As at 31 December 2023 25,200 17,300 42,500
Depreciation
As at 9 June 2023 - - -
Provided during the period 210 5,767 5,977
As at 31 December 2023 210 5,767 5,977
Net Book Value
As at 31 December 2023 24,990 11,533 36,523
As at 9 June 2023 - - -
6. Investments
Unlisted
£
Cost
As at 9 June 2023 -
Additions 158,825
As at 31 December 2023 158,825
Provision
As at 9 June 2023 -
Added in period 1,725
As at 31 December 2023 1,725
...CONTINUED
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Net Book Value
As at 31 December 2023 157,100
As at 9 June 2023 -
7. Debtors
31 December 2023
£
Due within one year
Trade debtors 53,856
Amounts owed by group undertakings 342,120
Other debtors 81
396,057
8. Creditors: Amounts Falling Due Within One Year
31 December 2023
£
Trade creditors 1,569
Other loans 200
Other creditors 1,230
Taxation and social security 997
3,996
9. Creditors: Amounts Falling Due After More Than One Year
31 December 2023
£
Other loans 701,838
Of the creditors falling due after more than one year the following amounts are due after more than five years.
31 December 2023
£
Other Creditors 701,838
10. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 1,074
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11. Related Party Transactions
Amounts of £342,120 are owed by entities under the same control as this entity. Interest is charged on these loans and they are considered repayable on demand. 
Amounts of £701,838 are owed to the owners of this entity. This is interest free and was a fixed term loan for a period of ten years from the date of issue. 
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