Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 05692072 Miss Cheryl Snell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05692072 2023-01-31 05692072 2024-01-31 05692072 2023-02-01 2024-01-31 05692072 frs-core:CurrentFinancialInstruments 2024-01-31 05692072 frs-core:Non-currentFinancialInstruments 2024-01-31 05692072 frs-core:FurnitureFittings 2024-01-31 05692072 frs-core:FurnitureFittings 2023-02-01 2024-01-31 05692072 frs-core:FurnitureFittings 2023-01-31 05692072 frs-core:PlantMachinery 2024-01-31 05692072 frs-core:PlantMachinery 2023-02-01 2024-01-31 05692072 frs-core:PlantMachinery 2023-01-31 05692072 frs-core:ShareCapital 2024-01-31 05692072 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 05692072 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05692072 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 05692072 frs-bus:SmallEntities 2023-02-01 2024-01-31 05692072 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 05692072 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 05692072 frs-bus:Director1 2023-02-01 2024-01-31 05692072 frs-bus:Director1 2023-01-31 05692072 frs-bus:Director1 2024-01-31 05692072 frs-countries:EnglandWales 2023-02-01 2024-01-31 05692072 2022-01-31 05692072 2023-01-31 05692072 2022-02-01 2023-01-31 05692072 frs-core:CurrentFinancialInstruments 2023-01-31 05692072 frs-core:Non-currentFinancialInstruments 2023-01-31 05692072 frs-core:ShareCapital 2023-01-31 05692072 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 05692072
Speech & Language Works Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Fair View Accounting & Tax Services Ltd
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 05692072
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 972 1,296
972 1,296
CURRENT ASSETS
Debtors 5 58,149 40,919
Cash at bank and in hand 17,088 34,319
75,237 75,238
Creditors: Amounts Falling Due Within One Year 6 (12,741 ) (8,050 )
NET CURRENT ASSETS (LIABILITIES) 62,496 67,188
TOTAL ASSETS LESS CURRENT LIABILITIES 63,468 68,484
Creditors: Amounts Falling Due After More Than One Year 7 (3,958 ) (6,569 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (173 ) (232 )
NET ASSETS 59,337 61,683
CAPITAL AND RESERVES
Called up share capital 8 1 1
Income Statement 59,336 61,682
SHAREHOLDERS' FUNDS 59,337 61,683
Page 1
Page 2
For the year ending 31 January 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 her 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 Income Statement.
On behalf of the board
Miss Cheryl Snell
Director
28/10/2024
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
Speech & Language Works Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05692072 . The registered office is 14 Severn Road, Culcheth, Warrington, WA3 5EB.
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 represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.
Presentation currency
The accounts are presented in £ sterling.
2.3. Tangible Fixed Assets and Depreciation
Tangible assets are included at cost less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & Machinery 25%
Fixtures & Fittings 25%
2.4. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 February 2023 7,333 9,565 16,898
As at 31 January 2024 7,333 9,565 16,898
Depreciation
As at 1 February 2023 6,756 8,846 15,602
Provided during the period 144 180 324
As at 31 January 2024 6,900 9,026 15,926
...CONTINUED
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Page 4
Net Book Value
As at 31 January 2024 433 539 972
As at 1 February 2023 577 719 1,296
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 55,564 36,397
Other debtors 2,585 4,522
58,149 40,919
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 2,751 2,669
Other creditors 625 625
Taxation and social security 9,365 4,756
12,741 8,050
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,958 6,569
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Miss Cheryl Snell 4,522 33,219 40,252 - 2,511
The loan has been repaid within 9 months after the year end.
Page 4