Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 06056795 Mr W D Hands Mr D J Lee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06056795 2023-01-31 06056795 2024-01-31 06056795 2023-02-01 2024-01-31 06056795 frs-core:CurrentFinancialInstruments 2024-01-31 06056795 frs-core:Non-currentFinancialInstruments 2024-01-31 06056795 frs-core:ComputerEquipment 2024-01-31 06056795 frs-core:ComputerEquipment 2023-02-01 2024-01-31 06056795 frs-core:ComputerEquipment 2023-01-31 06056795 frs-core:ShareCapital 2024-01-31 06056795 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 06056795 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 06056795 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 06056795 frs-bus:SmallEntities 2023-02-01 2024-01-31 06056795 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 06056795 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 06056795 frs-bus:Director1 2023-02-01 2024-01-31 06056795 frs-bus:Director2 2023-02-01 2024-01-31 06056795 frs-countries:EnglandWales 2023-02-01 2024-01-31 06056795 2022-01-31 06056795 2023-01-31 06056795 2022-02-01 2023-01-31 06056795 frs-core:CurrentFinancialInstruments 2023-01-31 06056795 frs-core:Non-currentFinancialInstruments 2023-01-31 06056795 frs-core:ShareCapital 2023-01-31 06056795 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 06056795
Work Creative Limited
Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06056795
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 883 1,324
883 1,324
CURRENT ASSETS
Debtors 5 26,242 36,368
Cash at bank and in hand 23,753 9,034
49,995 45,402
Creditors: Amounts Falling Due Within One Year 6 (25,637 ) (21,477 )
NET CURRENT ASSETS (LIABILITIES) 24,358 23,925
TOTAL ASSETS LESS CURRENT LIABILITIES 25,241 25,249
Creditors: Amounts Falling Due After More Than One Year 7 (19,601 ) (22,858 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (168 ) (252 )
NET ASSETS 5,472 2,139
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 5,372 2,039
SHAREHOLDERS' FUNDS 5,472 2,139
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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 W D Hands
Director
31 October 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Work Creative Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06056795 . The registered office is Second Floor West Stand Keepmoat Stadium, Stadium Way, Doncaster, South Yorkshire, DN4 5JW.
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:
Computer Equipment 25% straight line
2.4. 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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2023 16,323
As at 31 January 2024 16,323
Depreciation
As at 1 February 2023 14,999
Provided during the period 441
As at 31 January 2024 15,440
Net Book Value
As at 31 January 2024 883
As at 1 February 2023 1,324
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 26,242 36,368
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 10,270 4,885
Bank loans and overdrafts 3,191 3,112
Other creditors 1,104 2,000
Taxation and social security 11,072 11,480
25,637 21,477
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 19,601 22,858
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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