Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09391777 Mr Michael Ward Mr Paul Roberts Mr Jason Luke Horsman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09391777 2023-03-31 09391777 2024-03-31 09391777 2023-04-01 2024-03-31 09391777 frs-core:CurrentFinancialInstruments 2024-03-31 09391777 frs-core:Non-currentFinancialInstruments 2024-03-31 09391777 frs-core:ComputerEquipment 2024-03-31 09391777 frs-core:ComputerEquipment 2023-04-01 2024-03-31 09391777 frs-core:ComputerEquipment 2023-03-31 09391777 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 09391777 frs-core:FurnitureFittings 2024-03-31 09391777 frs-core:FurnitureFittings 2023-04-01 2024-03-31 09391777 frs-core:FurnitureFittings 2023-03-31 09391777 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 09391777 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 09391777 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 09391777 frs-core:OtherResidualIntangibleAssets 2024-03-31 09391777 frs-core:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 09391777 frs-core:OtherResidualIntangibleAssets 2023-03-31 09391777 frs-core:ShareCapital 2024-03-31 09391777 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09391777 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09391777 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09391777 frs-bus:SmallEntities 2023-04-01 2024-03-31 09391777 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09391777 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09391777 frs-bus:Director1 2023-04-01 2024-03-31 09391777 frs-bus:Director2 2023-04-01 2024-03-31 09391777 frs-bus:Director3 2023-04-01 2024-03-31 09391777 frs-core:CurrentFinancialInstruments 1 2024-03-31 09391777 frs-core:CurrentFinancialInstruments 9 2024-03-31 09391777 frs-countries:EnglandWales 2023-04-01 2024-03-31 09391777 2022-03-31 09391777 2023-03-31 09391777 2022-04-01 2023-03-31 09391777 frs-core:CurrentFinancialInstruments 2023-03-31 09391777 frs-core:Non-currentFinancialInstruments 2023-03-31 09391777 frs-core:ShareCapital 2023-03-31 09391777 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 09391777 frs-core:CurrentFinancialInstruments 1 2023-03-31 09391777 frs-core:CurrentFinancialInstruments 2 2023-03-31 09391777 frs-core:CurrentFinancialInstruments 3 2023-03-31 09391777 frs-core:CurrentFinancialInstruments 9 2023-03-31
Registered number: 09391777
The Website Warehouse Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Accountancy Extra
33 Harrison Road
Halifax
HX1 2AF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09391777
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 4,460
Tangible Assets 5 - 2,031
- 6,491
CURRENT ASSETS
Stocks 6 - 21,450
Debtors 7 96,155 265,884
Cash at bank and in hand - 12,024
96,155 299,358
Creditors: Amounts Falling Due Within One Year 8 (63,789 ) (216,355 )
NET CURRENT ASSETS (LIABILITIES) 32,366 83,003
TOTAL ASSETS LESS CURRENT LIABILITIES 32,366 89,494
Creditors: Amounts Falling Due After More Than One Year 9 (26,656 ) (26,656 )
NET ASSETS 5,710 62,838
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 5,610 62,738
SHAREHOLDERS' FUNDS 5,710 62,838
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For the year ending 31 March 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 Michael Ward
Director
09/10/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Website Warehouse Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09391777 . The registered office is Sanderson House, 22 Station Road, Horsforth, Leeds, West Yorkshire, England, LS18 5NT.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets is domain. It is amortised to profit and loss account over its estimated economic life of 10 years.
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:
Leasehold 20% on SLM
Fixtures & Fittings 20% on SLM
Computer Equipment 25% on SLM
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.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 6)
7 6
4. Intangible Assets
Other
£
Cost
As at 1 April 2023 10,577
Additions (3,402 )
As at 31 March 2024 7,175
Amortisation
As at 1 April 2023 6,117
Provided during the period 1,058
As at 31 March 2024 7,175
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 4,460
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5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 47,695 2,349 12,749 62,793
Additions 35,464 (410 ) (982 ) 34,072
Transfers (32,243 ) - - (32,243 )
As at 31 March 2024 50,916 1,939 11,767 64,622
Depreciation
As at 1 April 2023 47,695 1,668 11,399 60,762
Provided during the period 3,221 271 368 3,860
As at 31 March 2024 50,916 1,939 11,767 64,622
Net Book Value
As at 31 March 2024 - - - -
As at 1 April 2023 - 681 1,350 2,031
6. Stocks
2024 2023
£ £
Stock - 21,450
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 229,967
Prepayments and accrued income - 6,867
Other debtors - 29,050
Matter B2B intercompany loan 89,539 -
89,539 265,884
Due after more than one year
Corporation tax recoverable assets 6,616 -
96,155 265,884
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 102,691
Bank loans and overdrafts 10,000 10,000
Corporation tax 6,616 -
Other taxes and social security 47,261 54,087
Other creditors - 3,495
Bank overdraft - 1,838
Credit Card - 12,233
Pensions payable - 602
Rounding (88 ) (65 )
Accruals and deferred income - 31,146
Directors' loan accounts - 328
63,789 216,355
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 26,656 26,656
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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