Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 true No description of principal activity 1 October 2023 30 September 2024 30 September 2024 00471209 Mr Alan Wakefield Mrs Alison Rolland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00471209 2023-09-30 00471209 2024-09-30 00471209 2023-10-01 2024-09-30 00471209 frs-core:CurrentFinancialInstruments 2024-09-30 00471209 frs-core:ComputerEquipment 2024-09-30 00471209 frs-core:ComputerEquipment 2023-10-01 2024-09-30 00471209 frs-core:ComputerEquipment 2023-09-30 00471209 frs-core:FurnitureFittings 2023-10-01 2024-09-30 00471209 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 00471209 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 00471209 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 00471209 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 00471209 frs-core:MotorVehicles 2023-10-01 2024-09-30 00471209 frs-core:PlantMachinery 2023-10-01 2024-09-30 00471209 frs-core:ShareCapital 2024-09-30 00471209 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 00471209 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 00471209 frs-bus:FullAccounts 2023-10-01 2024-09-30 00471209 frs-bus:SmallEntities 2023-10-01 2024-09-30 00471209 frs-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 00471209 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 00471209 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-10-01 2024-09-30 00471209 frs-bus:Director1 2023-10-01 2024-09-30 00471209 frs-bus:Director2 2023-10-01 2024-09-30 00471209 frs-countries:EnglandWales 2023-10-01 2024-09-30 00471209 2022-09-30 00471209 2023-09-30 00471209 2022-10-01 2023-09-30 00471209 frs-core:CurrentFinancialInstruments 2023-09-30 00471209 frs-core:ShareCapital 2023-09-30 00471209 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 00471209
W.G.Cann & Company Limited
Directors' Report and
Unaudited Financial Statements
For The Year Ended 30 September 2024
W G Cann & Co Ltd
66 Oxford Road Denham
Uxbridge
Middlesex
UB9 4DN
Contents
Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Profit and Loss Account 4
Balance Sheet 5
Notes to the Financial Statements 6—7
Page 1
Company Information
Directors Mr Alan Wakefield
Mrs Alison Rolland
Company Number 00471209
Registered Office 66 Oxford Road,
New Denham,
Uxbridge,
Middlesex,
UB9 4DN
Accountants W G Cann & Co Ltd
66 Oxford Road Denham
Uxbridge
Middlesex
UB9 4DN
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 30 September 2024.
Directors
The directors who held office during the year were as follows:
Mr Alan Wakefield
Mrs Alison Rolland
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and Statement of Responsibilities and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to: 
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr Alan Wakefield
Director
09/11/2024
Page 2
Page 3
Accountant's Report
In accordance with the engagement letter dated 1st October, 2021 and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the Balance Sheet as at Financial Year Ended 30th September, 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
16/11/2024
W G Cann & Co Ltd
66 Oxford Road Denham
Uxbridge
Middlesex
UB9 4DN
Page 3
Page 4
Profit and Loss Account
2024 2023
Notes £ £
TURNOVER 39,669 41,281
GROSS PROFIT 39,669 41,281
Administrative expenses (46,358 ) (58,488 )
Other operating income 38,100 36,400
OPERATING PROFIT 31,411 19,193
Interest payable and similar charges (164 ) (180 )
PROFIT BEFORE TAXATION 31,247 19,013
Tax on Profit (6,132 ) (3,757 )
PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR 25,115 15,256
The notes on pages 6 to 7 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,934 20,801
19,934 20,801
CURRENT ASSETS
Debtors 5 6,688 6,166
Cash at bank and in hand 52,710 39,944
59,398 46,110
Creditors: Amounts Falling Due Within One Year 6 (17,218 ) (13,912 )
NET CURRENT ASSETS (LIABILITIES) 42,180 32,198
TOTAL ASSETS LESS CURRENT LIABILITIES 62,114 52,999
NET ASSETS 62,114 52,999
CAPITAL AND RESERVES
Called up share capital 7 2,000 2,000
Profit and Loss Account 60,114 50,999
SHAREHOLDERS' FUNDS 62,114 52,999
For the year ending 30 September 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 in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Alan Wakefield
Director
16/11/2024
The notes on pages 6 to 7 form part of these financial statements.
Page 5
Page 6
Notes to the Financial Statements
1. General Information
W.G.Cann & Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00471209 . The registered office is 66 Oxford Road,, New Denham,, Uxbridge,, Middlesex,, UB9 4DN.
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:
Freehold 0
Leasehold 0
Plant & Machinery 0
Motor Vehicles 0
Fixtures & Fittings 0
Computer Equipment 10
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. 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 years 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.
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 10,692 12,465 23,157
Additions - 160 160
As at 30 September 2024 10,692 12,625 23,317
Depreciation
As at 1 October 2023 - 2,356 2,356
Provided during the period - 1,027 1,027
As at 30 September 2024 - 3,383 3,383
Net Book Value
As at 30 September 2024 10,692 9,242 19,934
As at 1 October 2023 10,692 10,109 20,801
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,688 6,166
Other debtors 2,000 -
6,688 6,166
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1,080 )
Other creditors 7,229 6,559
Taxation and social security 9,989 8,433
17,218 13,912
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2,000 2,000
Page 7