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 12676110 Mr S Kettridge Miss L Bence iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12676110 2023-06-30 12676110 2024-06-30 12676110 2023-07-01 2024-06-30 12676110 frs-core:CurrentFinancialInstruments 2024-06-30 12676110 frs-core:Non-currentFinancialInstruments 2024-06-30 12676110 frs-core:PlantMachinery 2024-06-30 12676110 frs-core:PlantMachinery 2023-07-01 2024-06-30 12676110 frs-core:PlantMachinery 2023-06-30 12676110 frs-core:ShareCapital 2024-06-30 12676110 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12676110 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12676110 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12676110 frs-bus:SmallEntities 2023-07-01 2024-06-30 12676110 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12676110 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12676110 frs-bus:Director1 2023-07-01 2024-06-30 12676110 frs-bus:Director2 2023-07-01 2024-06-30 12676110 frs-countries:EnglandWales 2023-07-01 2024-06-30 12676110 2022-06-30 12676110 2023-06-30 12676110 2022-07-01 2023-06-30 12676110 frs-core:CurrentFinancialInstruments 2023-06-30 12676110 frs-core:Non-currentFinancialInstruments 2023-06-30 12676110 frs-core:ShareCapital 2023-06-30 12676110 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12676110
WRLT Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
HB Counters - Essex Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12676110
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 69,207 81,421
69,207 81,421
CURRENT ASSETS
Stocks 5 4,500 4,500
Debtors 6 948 912
Cash at bank and in hand 1,158 1,217
6,606 6,629
Creditors: Amounts Falling Due Within One Year 7 (55,029 ) (44,042 )
NET CURRENT ASSETS (LIABILITIES) (48,423 ) (37,413 )
TOTAL ASSETS LESS CURRENT LIABILITIES 20,784 44,008
Creditors: Amounts Falling Due After More Than One Year 8 (14,064 ) (11,927 )
NET ASSETS 6,720 32,081
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 6,620 31,981
SHAREHOLDERS' FUNDS 6,720 32,081
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 S Kettridge
Director
11/10/2024
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
WRLT Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12676110 . The registered office is Fleet House, 1 Armstrong Road, Benfleet, Essex, SS7 4FH.
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 15% Reducing Balance
2.4. 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: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2023 119,892
As at 30 June 2024 119,892
Depreciation
As at 1 July 2023 38,471
Provided during the period 12,214
As at 30 June 2024 50,685
Net Book Value
As at 30 June 2024 69,207
As at 1 July 2023 81,421
Page 3
Page 4
5. Stocks
2024 2023
£ £
Stock 4,500 4,500
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 148 112
Other debtors 800 800
948 912
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 42,929 30,790
Bank loans and overdrafts - 265
Other loans 9,121 9,121
Other taxes and social security 245 121
VAT 1,463 1,677
Directors' loan accounts 1,271 2,068
55,029 44,042
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 14,064 11,927
14,064 11,927
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4