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 1092529 Mr D H Godfrey Mr D F Godfrey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 1092529 2023-01-31 1092529 2024-01-31 1092529 2023-02-01 2024-01-31 1092529 frs-core:CurrentFinancialInstruments 2024-01-31 1092529 frs-core:Non-currentFinancialInstruments 2024-01-31 1092529 frs-core:ComputerEquipment 2024-01-31 1092529 frs-core:ComputerEquipment 2023-02-01 2024-01-31 1092529 frs-core:ComputerEquipment 2023-01-31 1092529 frs-core:FurnitureFittings 2024-01-31 1092529 frs-core:FurnitureFittings 2023-02-01 2024-01-31 1092529 frs-core:FurnitureFittings 2023-01-31 1092529 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 1092529 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 1092529 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-31 1092529 frs-core:PlantMachinery 2024-01-31 1092529 frs-core:PlantMachinery 2023-02-01 2024-01-31 1092529 frs-core:PlantMachinery 2023-01-31 1092529 frs-core:RevaluationReserve 2023-01-31 1092529 frs-core:RevaluationReserve 2024-01-31 1092529 frs-core:ShareCapital 2024-01-31 1092529 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 1092529 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 1092529 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 1092529 frs-bus:SmallEntities 2023-02-01 2024-01-31 1092529 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 1092529 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 1092529 frs-core:CostValuation 2023-01-31 1092529 frs-core:CostValuation 2024-01-31 1092529 frs-core:ProvisionsForImpairmentInvestments 2023-01-31 1092529 frs-core:ProvisionsForImpairmentInvestments 2024-01-31 1092529 frs-core:ListedExchangeTraded 2024-01-31 1092529 frs-core:ListedExchangeTraded 2023-01-31 1092529 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-01-31 1092529 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-01-31 1092529 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-01-31 1092529 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-01-31 1092529 frs-bus:Director1 2023-02-01 2024-01-31 1092529 frs-bus:Director2 2023-02-01 2024-01-31 1092529 frs-countries:EnglandWales 2023-02-01 2024-01-31 1092529 2022-01-31 1092529 2023-01-31 1092529 2022-02-01 2023-01-31 1092529 frs-core:CurrentFinancialInstruments 2023-01-31 1092529 frs-core:Non-currentFinancialInstruments 2023-01-31 1092529 frs-core:RevaluationReserve 2023-01-31 1092529 frs-core:ShareCapital 2023-01-31 1092529 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 1092529
Wendgreen Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Barker Maule & Co
Chartered Accountants
27 Castle Gate
Newark
Nottinghamshire
NG24 1BA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 1092529
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,274,478 1,275,774
Investments 5 230,733 230,733
1,505,211 1,506,507
CURRENT ASSETS
Stocks 6 10,591 7,927
Debtors 7 55,027 61,086
Cash at bank and in hand 101,020 144,667
166,638 213,680
Creditors: Amounts Falling Due Within One Year 8 (63,426 ) (76,783 )
NET CURRENT ASSETS (LIABILITIES) 103,212 136,897
TOTAL ASSETS LESS CURRENT LIABILITIES 1,608,423 1,643,404
Creditors: Amounts Falling Due After More Than One Year 9 (57,477 ) (67,351 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (60,000 ) (60,000 )
NET ASSETS 1,490,946 1,516,053
CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 11 723,133 723,133
Profit and Loss Account 767,713 792,820
SHAREHOLDERS' FUNDS 1,490,946 1,516,053
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 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 D H Godfrey
Director
23 October 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wendgreen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 1092529 . The registered office is Navigation House, 48 Millgate, Newark, Notts, NG24 4TS.
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:
Freehold 2% straight line
Plant & Machinery 20% reducing balance
Fixtures & Fittings 20% straight line
Computer Equipment 20% 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:
2024 2023
Office and administration 11 21
11 21
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2023 1,257,490 17,571 97,255 640 1,372,956
Additions - 2,285 2,290 299 4,874
As at 31 January 2024 1,257,490 19,856 99,545 939 1,377,830
Depreciation
As at 1 February 2023 - 3,965 92,954 263 97,182
Provided during the period - 2,937 3,070 163 6,170
As at 31 January 2024 - 6,902 96,024 426 103,352
Net Book Value
As at 31 January 2024 1,257,490 12,954 3,521 513 1,274,478
As at 1 February 2023 1,257,490 13,606 4,301 377 1,275,774
5. Investments
Listed Other Total
£ £ £
Cost
As at 1 February 2023 5,420 225,313 230,733
As at 31 January 2024 5,420 225,313 230,733
Provision
As at 1 February 2023 - - -
As at 31 January 2024 - - -
Net Book Value
As at 31 January 2024 5,420 225,313 230,733
As at 1 February 2023 5,420 225,313 230,733
6. Stocks
2024 2023
£ £
Stock 10,591 7,927
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 523 1,309
Prepayments and accrued income 47,556 46,071
Other debtors 6,675 6,675
Other taxes and social security 273 5,363
Directors' loan accounts - 1,668
55,027 61,086
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,816 18,100
Bank loans and overdrafts 12,167 24,062
VAT 8,279 6,166
Other creditors 24,421 24,255
Accruals and deferred income 4,410 4,200
Directors' loan accounts 1,333 -
63,426 76,783
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 57,477 67,351
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Reserves
Revaluation Reserve
£
As at 1 February 2023 723,133
As at 31 January 2024 723,133
Page 5