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 10754811 Ms J A Badger Mr M J Dean MBM Secretarial Services Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10754811 2023-03-31 10754811 2024-03-31 10754811 2023-04-01 2024-03-31 10754811 frs-core:CurrentFinancialInstruments 2024-03-31 10754811 frs-core:Non-currentFinancialInstruments 2024-03-31 10754811 frs-core:ComputerEquipment 2024-03-31 10754811 frs-core:ComputerEquipment 2023-04-01 2024-03-31 10754811 frs-core:ComputerEquipment 2023-03-31 10754811 frs-core:FurnitureFittings 2024-03-31 10754811 frs-core:FurnitureFittings 2023-04-01 2024-03-31 10754811 frs-core:FurnitureFittings 2023-03-31 10754811 frs-core:SharePremium 2024-03-31 10754811 frs-core:ShareCapital 2024-03-31 10754811 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10754811 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10754811 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10754811 frs-bus:SmallEntities 2023-04-01 2024-03-31 10754811 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10754811 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10754811 frs-bus:Director1 2023-04-01 2024-03-31 10754811 frs-bus:Director2 2023-04-01 2024-03-31 10754811 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 10754811 frs-countries:EnglandWales 2023-04-01 2024-03-31 10754811 2022-03-31 10754811 2023-03-31 10754811 2022-04-01 2023-03-31 10754811 frs-core:CurrentFinancialInstruments 2023-03-31 10754811 frs-core:Non-currentFinancialInstruments 2023-03-31 10754811 frs-core:SharePremium 2023-03-31 10754811 frs-core:ShareCapital 2023-03-31 10754811 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10754811
Wobbegong Technology Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Sense Accounting Limited
36 Bruntsfield Place
Edinburgh
EH10 4HJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10754811
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,602 3,300
1,602 3,300
CURRENT ASSETS
Debtors 5 973 900
Cash at bank and in hand 62,124 58,787
63,097 59,687
Creditors: Amounts Falling Due Within One Year 6 (31,077 ) (33,178 )
NET CURRENT ASSETS (LIABILITIES) 32,020 26,509
TOTAL ASSETS LESS CURRENT LIABILITIES 33,622 29,809
Creditors: Amounts Falling Due After More Than One Year 7 (10,733 ) (19,214 )
NET ASSETS 22,889 10,595
CAPITAL AND RESERVES
Called up share capital 8 110 110
Share premium account 6,971 6,971
Profit and Loss Account 15,808 3,514
SHAREHOLDERS' FUNDS 22,889 10,595
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
Ms J A Badger
Director
3 December 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
Wobbegong Technology Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10754811 . The registered office is 316a Beulah Hill, London, SE19 3HF.
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  Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured 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:
Fixtures & Fittings 33.33% straight line
Computer Equipment 33.33% straight line
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 8)
6 8
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 1,101 16,281 17,382
Additions 38 440 478
As at 31 March 2024 1,139 16,721 17,860
Depreciation
As at 1 April 2023 1,023 13,059 14,082
Provided during the period 65 2,111 2,176
As at 31 March 2024 1,088 15,170 16,258
Net Book Value
As at 31 March 2024 51 1,551 1,602
As at 1 April 2023 78 3,222 3,300
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 900
Other debtors 973 -
973 900
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 333
Bank loans and overdrafts 9,200 9,919
VAT 18,667 19,254
Other creditors 728 1,190
Accruals and deferred income 1,860 1,860
Directors' loan accounts 622 622
31,077 33,178
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 10,733 19,214
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 110 110
9. Related Party Transactions
As at 31 March 2024 the company owed the director Mr M J Dean £622 (2023: £622).
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