Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 09089861 Mr Aaron Burton Mr Richard Allen Mr Brendon Hancock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09089861 2023-09-30 09089861 2024-09-30 09089861 2023-10-01 2024-09-30 09089861 frs-core:CurrentFinancialInstruments 2024-09-30 09089861 frs-core:Non-currentFinancialInstruments 2024-09-30 09089861 frs-core:ShareCapital 2024-09-30 09089861 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 09089861 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09089861 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 09089861 frs-bus:SmallEntities 2023-10-01 2024-09-30 09089861 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09089861 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09089861 frs-bus:Director1 2023-10-01 2024-09-30 09089861 frs-bus:Director2 2023-10-01 2024-09-30 09089861 frs-bus:Director3 2023-10-01 2024-09-30 09089861 frs-countries:EnglandWales 2023-10-01 2024-09-30 09089861 2022-09-30 09089861 2023-09-30 09089861 2022-10-01 2023-09-30 09089861 frs-core:CurrentFinancialInstruments 2023-09-30 09089861 frs-core:Non-currentFinancialInstruments 2023-09-30 09089861 frs-core:ShareCapital 2023-09-30 09089861 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 09089861
Bwh Ventures Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
ABLM Associates
ACCA
1 Werrington Mews
Church Street, Werrington
Peterborough
Cambridgeshire
PE4 6GJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09089861
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 195,033 80,509
Debtors 5 16,324 13,155
Cash at bank and in hand 2,403 120,290
213,760 213,954
Creditors: Amounts Falling Due Within One Year 6 (588,462 ) (576,995 )
NET CURRENT ASSETS (LIABILITIES) (374,702 ) (363,041 )
TOTAL ASSETS LESS CURRENT LIABILITIES (374,702 ) (363,041 )
Creditors: Amounts Falling Due After More Than One Year 7 (9,074 ) (10,630 )
NET LIABILITIES (383,776 ) (373,671 )
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account (383,976 ) (373,871 )
SHAREHOLDERS' FUNDS (383,776) (373,671)
Page 1
Page 2
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 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 Richard Allen
Director
15/11/2024
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
Bwh Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09089861 . The registered office is Office 7 35-37 Ludgate Hill, London, EC4M 7JN.
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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
3 2
4. Stocks
2024 2023
£ £
Stock 195,033 80,509
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 16,324 13,155
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 32,976 197,340
Other creditors 552,910 372,088
Taxation and social security 2,576 7,567
588,462 576,995
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,074 10,630
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 4