Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08038163 Mr Victor Olowe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08038163 2023-04-30 08038163 2024-04-30 08038163 2023-05-01 2024-04-30 08038163 frs-core:ComputerEquipment 2024-04-30 08038163 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08038163 frs-core:ComputerEquipment 2023-04-30 08038163 frs-core:FurnitureFittings 2024-04-30 08038163 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08038163 frs-core:FurnitureFittings 2023-04-30 08038163 frs-core:ShareCapital 2024-04-30 08038163 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08038163 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08038163 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08038163 frs-bus:SmallEntities 2023-05-01 2024-04-30 08038163 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08038163 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08038163 frs-bus:Director1 2023-05-01 2024-04-30 08038163 frs-countries:EnglandWales 2023-05-01 2024-04-30 08038163 2022-04-30 08038163 2023-04-30 08038163 2022-05-01 2023-04-30 08038163 frs-core:ShareCapital 2023-04-30 08038163 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08038163
Winzest Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08038163
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 212 283
212 283
CURRENT ASSETS
Debtors 5 55 37
Cash at bank and in hand 136 2,536
191 2,573
Creditors: Amounts Falling Due Within One Year 6 (2,961 ) (1,611 )
NET CURRENT ASSETS (LIABILITIES) (2,770 ) 962
TOTAL ASSETS LESS CURRENT LIABILITIES (2,558 ) 1,245
NET (LIABILITIES)/ASSETS (2,558 ) 1,245
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (2,559 ) 1,244
SHAREHOLDERS' FUNDS (2,558) 1,245
Page 1
Page 2
For the year ending 30 April 2024 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 Victor Olowe
Director
13/08/2024
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
Winzest Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08038163 . The registered office is Chancery Station House, 31-33 High Holborn, London, WC1V 6AX.
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 25% RB
Computer Equipment 25% RB
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 100 1,565 1,665
As at 30 April 2024 100 1,565 1,665
Depreciation
As at 1 May 2023 100 1,282 1,382
Provided during the period - 71 71
As at 30 April 2024 100 1,353 1,453
Net Book Value
As at 30 April 2024 - 212 212
As at 1 May 2023 - 283 283
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 55 37
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 2,961 1,611
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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