Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 03141606 Mr Paul Wild Mrs Tracey Wild Mrs Tracey Wild iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03141606 2023-03-31 03141606 2024-03-31 03141606 2023-04-01 2024-03-31 03141606 frs-core:CurrentFinancialInstruments 2024-03-31 03141606 frs-core:Non-currentFinancialInstruments 2024-03-31 03141606 frs-core:BetweenOneFiveYears 2024-03-31 03141606 frs-core:ComputerEquipment 2024-03-31 03141606 frs-core:ComputerEquipment 2023-04-01 2024-03-31 03141606 frs-core:ComputerEquipment 2023-03-31 03141606 frs-core:FurnitureFittings 2024-03-31 03141606 frs-core:FurnitureFittings 2023-04-01 2024-03-31 03141606 frs-core:FurnitureFittings 2023-03-31 03141606 frs-core:MotorVehicles 2024-03-31 03141606 frs-core:MotorVehicles 2023-04-01 2024-03-31 03141606 frs-core:MotorVehicles 2023-03-31 03141606 frs-core:PlantMachinery 2024-03-31 03141606 frs-core:PlantMachinery 2023-04-01 2024-03-31 03141606 frs-core:PlantMachinery 2023-03-31 03141606 frs-core:WithinOneYear 2024-03-31 03141606 frs-core:ShareCapital 2024-03-31 03141606 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03141606 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03141606 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 03141606 frs-bus:SmallEntities 2023-04-01 2024-03-31 03141606 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03141606 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03141606 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31 03141606 frs-bus:OrdinaryShareClass1 2024-03-31 03141606 frs-core:ListedExchangeTraded 2024-03-31 03141606 frs-core:ListedExchangeTraded 2023-03-31 03141606 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-03-31 03141606 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-03-31 03141606 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-03-31 03141606 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-03-31 03141606 frs-bus:Director1 2023-04-01 2024-03-31 03141606 frs-bus:Director2 2023-04-01 2024-03-31 03141606 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 03141606 frs-countries:EnglandWales 2023-04-01 2024-03-31 03141606 2022-03-31 03141606 2023-03-31 03141606 2022-04-01 2023-03-31 03141606 frs-core:CurrentFinancialInstruments 2023-03-31 03141606 frs-core:Non-currentFinancialInstruments 2023-03-31 03141606 frs-core:BetweenOneFiveYears 2023-03-31 03141606 frs-core:WithinOneYear 2023-03-31 03141606 frs-core:ShareCapital 2023-03-31 03141606 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 03141606 frs-bus:OrdinaryShareClass1 2022-04-01 2023-03-31 03141606 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 03141606
Wild & Company Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Axis Accounting
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03141606
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,259 37,430
Investments 5 210,894 210,894
240,153 248,324
CURRENT ASSETS
Debtors 6 130,833 17,536
Cash at bank and in hand 141,586 175,562
272,419 193,098
Creditors: Amounts Falling Due Within One Year 7 (91,816 ) (92,676 )
NET CURRENT ASSETS (LIABILITIES) 180,603 100,422
TOTAL ASSETS LESS CURRENT LIABILITIES 420,756 348,746
Creditors: Amounts Falling Due After More Than One Year 8 (20,825 ) (31,466 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,572 ) (10,572 )
NET ASSETS 389,359 306,708
CAPITAL AND RESERVES
Called up share capital 10 10 10
Profit and Loss Account 389,349 306,698
SHAREHOLDERS' FUNDS 389,359 306,708
Page 1
Page 2
For the year ending 31 March 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 Paul Wild
Director
01/05/2024
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 & Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03141606 . The registered office is Tudor House, Royal Court, Macclesfield, Cheshire, SK11 7AE.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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:
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 22,140 84,028 12,045 9,091 127,304
Additions - - - 1,583 1,583
As at 31 March 2024 22,140 84,028 12,045 10,674 128,887
Depreciation
As at 1 April 2023 21,268 49,317 11,861 7,428 89,874
Provided during the period 218 8,678 46 812 9,754
As at 31 March 2024 21,486 57,995 11,907 8,240 99,628
Net Book Value
As at 31 March 2024 654 26,033 138 2,434 29,259
As at 1 April 2023 872 34,711 184 1,663 37,430
5. Investments
Listed
£
Cost
As at 1 April 2023 210,894
As at 31 March 2024 210,894
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 210,894
As at 1 April 2023 210,894
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 15,315 -
Prepayments and accrued income 17,585 17,536
Directors' loan accounts 97,933 -
130,833 17,536
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 10,640 10,639
Trade creditors 3,187 6,799
Corporation tax 70,289 61,422
Other creditors 7,700 7,663
Clawback Provision (Current liabilities - creditors < 1 year) - 6,153
91,816 92,676
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 20,825 31,466
20,825 31,466
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 10,640 10,639
Later than one year and not later than five years 20,825 31,466
31,465 42,105
31,465 42,105
10. Share Capital
2024 2023
Allotted, called up and fully paid £ £
10 Ordinary Shares of £ 1 each 10 10
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