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 05135668 Mr B D Bisiker Mr E J Bisiker Mrs S Bisiker Mr T J Dunning iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05135668 2023-01-31 05135668 2024-01-31 05135668 2023-02-01 2024-01-31 05135668 frs-core:CurrentFinancialInstruments 2024-01-31 05135668 frs-core:Non-currentFinancialInstruments 2024-01-31 05135668 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 05135668 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 05135668 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-31 05135668 frs-core:PlantMachinery 2024-01-31 05135668 frs-core:PlantMachinery 2023-02-01 2024-01-31 05135668 frs-core:PlantMachinery 2023-01-31 05135668 frs-core:ShareCapital 2024-01-31 05135668 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 05135668 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05135668 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 05135668 frs-bus:SmallEntities 2023-02-01 2024-01-31 05135668 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 05135668 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 05135668 frs-bus:Director1 2023-02-01 2024-01-31 05135668 frs-bus:Director2 2023-02-01 2024-01-31 05135668 frs-bus:Director3 2023-02-01 2024-01-31 05135668 frs-bus:Director4 2023-02-01 2024-01-31 05135668 frs-countries:EnglandWales 2023-02-01 2024-01-31 05135668 2022-01-31 05135668 2023-01-31 05135668 2022-02-01 2023-01-31 05135668 frs-core:CurrentFinancialInstruments 2023-01-31 05135668 frs-core:Non-currentFinancialInstruments 2023-01-31 05135668 frs-core:ShareCapital 2023-01-31 05135668 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 05135668
Vyrnwy Developments Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05135668
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 256,666 262,473
256,666 262,473
CURRENT ASSETS
Debtors 5 6,366 1,143
Cash at bank and in hand 57,539 51,216
63,905 52,359
Creditors: Amounts Falling Due Within One Year 6 (170,054 ) (172,541 )
NET CURRENT ASSETS (LIABILITIES) (106,149 ) (120,182 )
TOTAL ASSETS LESS CURRENT LIABILITIES 150,517 142,291
Creditors: Amounts Falling Due After More Than One Year 7 (64,646 ) (69,070 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,060 ) (4,728 )
NET ASSETS 81,811 68,493
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 81,810 68,492
SHAREHOLDERS' FUNDS 81,811 68,493
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 B D Bisiker
Director
05/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Vyrnwy Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05135668 . The registered office is Ravenswood, Llanwddyn, Oswestry, Shropshire, SY10 0LX.
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. 
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 15% reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.Income tax expense represents the sum of the tax currently payable and deferred tax.
3. Average Number of Employees
Average number of employees, excluding directors, during the year was: NIL (2023: NIL)
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 February 2023 318,635 81,186 399,821
Additions 4,161 260 4,421
As at 31 January 2024 322,796 81,446 404,242
Depreciation
As at 1 February 2023 81,047 56,301 137,348
Provided during the period 6,456 3,772 10,228
As at 31 January 2024 87,503 60,073 147,576
Net Book Value
As at 31 January 2024 235,293 21,373 256,666
As at 1 February 2023 237,588 24,885 262,473
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 6,366 1,143
6,366 1,143
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 9,347 12,624
Corporation tax 5,540 4,598
Accruals and deferred income 1,278 1,742
Directors' loan accounts 153,889 153,577
170,054 172,541
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 64,646 69,070
64,646 69,070
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4