Acorah Software Products - Accounts Production 16.0.110 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 09167173 Mr Andrew Ovenden iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09167173 2023-08-31 09167173 2024-08-31 09167173 2023-09-01 2024-08-31 09167173 frs-core:CurrentFinancialInstruments 2024-08-31 09167173 frs-core:OtherReservesSubtotal 2024-08-31 09167173 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09167173 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09167173 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 09167173 frs-bus:SmallEntities 2023-09-01 2024-08-31 09167173 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09167173 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09167173 frs-bus:Director1 2023-09-01 2024-08-31 09167173 frs-countries:EnglandWales 2023-09-01 2024-08-31 09167173 2022-08-31 09167173 2023-08-31 09167173 2022-09-01 2023-08-31 09167173 frs-core:CurrentFinancialInstruments 2023-08-31 09167173 frs-core:OtherReservesSubtotal 2023-08-31 09167173 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 09167173
Wellingate Limited
Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 09167173
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1,847 697
Cash at bank and in hand 10,834 13,805
12,681 14,502
Creditors: Amounts Falling Due Within One Year 5 (320 ) (273 )
NET CURRENT ASSETS (LIABILITIES) 12,361 14,229
TOTAL ASSETS LESS CURRENT LIABILITIES 12,361 14,229
NET ASSETS 12,361 14,229
CAPITAL AND RESERVES
Other reserves 3,037 784
Profit and Loss Account 9,324 13,445
SHAREHOLDERS' FUNDS 12,361 14,229
For the year ending 31 August 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 his 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 Andrew Ovenden
Director
18/10/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Wellingate Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09167173 . The registered office is 3 Wellington House, 51 Seabrook Road, Hythe, Kent, CT21 5QB.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,847 697
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 320 273
6. Share Capital
Page 2