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 12420121 Miss Charlotte Tomlinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12420121 2023-01-31 12420121 2024-01-31 12420121 2023-02-01 2024-01-31 12420121 frs-core:CurrentFinancialInstruments 2024-01-31 12420121 frs-core:Non-currentFinancialInstruments 2024-01-31 12420121 frs-core:ComputerEquipment 2024-01-31 12420121 frs-core:ComputerEquipment 2023-02-01 2024-01-31 12420121 frs-core:ComputerEquipment 2023-01-31 12420121 frs-core:FurnitureFittings 2024-01-31 12420121 frs-core:FurnitureFittings 2023-02-01 2024-01-31 12420121 frs-core:FurnitureFittings 2023-01-31 12420121 frs-core:NetGoodwill 2024-01-31 12420121 frs-core:NetGoodwill 2023-02-01 2024-01-31 12420121 frs-core:NetGoodwill 2023-01-31 12420121 frs-core:PlantMachinery 2024-01-31 12420121 frs-core:PlantMachinery 2023-02-01 2024-01-31 12420121 frs-core:PlantMachinery 2023-01-31 12420121 frs-core:ShareCapital 2024-01-31 12420121 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 12420121 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12420121 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 12420121 frs-bus:SmallEntities 2023-02-01 2024-01-31 12420121 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 12420121 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 12420121 frs-bus:Director1 2023-02-01 2024-01-31 12420121 frs-countries:EnglandWales 2023-02-01 2024-01-31 12420121 2022-01-31 12420121 2023-01-31 12420121 2022-02-01 2023-01-31 12420121 frs-core:CurrentFinancialInstruments 2023-01-31 12420121 frs-core:Non-currentFinancialInstruments 2023-01-31 12420121 frs-core:ShareCapital 2023-01-31 12420121 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 12420121
Wild Root Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Evenstone Limited
Boston House
Downsview Road
Wantage
OX12 9FF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12420121
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 20,694 22,361
Tangible Assets 5 13,149 20,541
33,843 42,902
CURRENT ASSETS
Stocks 6 1,752 5,400
Debtors 7 17,889 16,390
Cash at bank and in hand 13,742 4,753
33,383 26,543
Creditors: Amounts Falling Due Within One Year 8 (79,403 ) (45,487 )
NET CURRENT ASSETS (LIABILITIES) (46,020 ) (18,944 )
TOTAL ASSETS LESS CURRENT LIABILITIES (12,177 ) 23,958
Creditors: Amounts Falling Due After More Than One Year 9 (44,322 ) (30,184 )
NET LIABILITIES (56,499 ) (6,226 )
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account (56,500 ) (6,227 )
SHAREHOLDERS' FUNDS (56,499) (6,226)
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 Profit and Loss Account.
On behalf of the board
Miss Charlotte Tomlinson
Director
31/10/2024
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
Wild Root Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12420121 . The registered office is PEEL HOUSE, PEEL ROAD, SKELMERSDALE, WN8 9PT.
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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... 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:
Plant & Machinery 20% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 33% straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2023: 11)
14 11
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4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2023 25,000
As at 31 January 2024 25,000
Amortisation
As at 1 February 2023 2,639
Provided during the period 1,667
As at 31 January 2024 4,306
Net Book Value
As at 31 January 2024 20,694
As at 1 February 2023 22,361
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 15,646 16,432 256 32,334
Additions 432 326 - 758
As at 31 January 2024 16,078 16,758 256 33,092
Depreciation
As at 1 February 2023 6,691 5,024 78 11,793
Provided during the period 4,738 3,334 78 8,150
As at 31 January 2024 11,429 8,358 156 19,943
Net Book Value
As at 31 January 2024 4,649 8,400 100 13,149
As at 1 February 2023 8,955 11,408 178 20,541
6. Stocks
2024 2023
£ £
Stock 1,752 5,400
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,628 5,834
Other debtors 11,261 10,556
17,889 16,390
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,377 14,113
Bank loans and overdrafts 5,804 5,804
Other creditors 13,051 5,300
Taxation and social security 56,171 20,270
79,403 45,487
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 44,322 30,184
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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