Acorah Software Products - Accounts Production 16.1.200 false true false 30 May 2023 31 March 2024 31 March 2024 14900620 Mr J Johnson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14900620 2023-05-29 14900620 2024-03-31 14900620 2023-05-30 2024-03-31 14900620 frs-core:CurrentFinancialInstruments 2024-03-31 14900620 frs-core:ShareCapital 2024-03-31 14900620 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14900620 frs-bus:PrivateLimitedCompanyLtd 2023-05-30 2024-03-31 14900620 frs-bus:FilletedAccounts 2023-05-30 2024-03-31 14900620 frs-bus:SmallEntities 2023-05-30 2024-03-31 14900620 frs-bus:AuditExempt-NoAccountantsReport 2023-05-30 2024-03-31 14900620 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-30 2024-03-31 14900620 frs-bus:Director1 2023-05-30 2024-03-31 14900620 frs-countries:EnglandWales 2023-05-30 2024-03-31
Registered number: 14900620
Corpwise Ltd
Financial Statements
For the Period 30 May 2023 to 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 14900620
31 March 2024
Notes £ £
CURRENT ASSETS
Debtors 4 668
Cash at bank and in hand 25,530
26,198
Creditors: Amounts Falling Due Within One Year 5 (24,220 )
NET CURRENT ASSETS (LIABILITIES) 1,978
TOTAL ASSETS LESS CURRENT LIABILITIES 1,978
NET ASSETS 1,978
CAPITAL AND RESERVES
Called up share capital 6 1
Profit and Loss Account 1,977
SHAREHOLDERS' FUNDS 1,978
For the period 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 J Johnson
Director
27/12/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Corpwise Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14900620 . The registered office is 167-169 (5th Floor) Great Portland Street, London, W1W 5PF.
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Debtors
31 March 2024
£
Due within one year
Trade debtors 667
Called up share capital not paid 1
668
5. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Trade creditors 6,290
Other creditors 17,930
24,220
6. Share Capital
31 March 2024
£
Called Up Share Capital not Paid 1
Amount of Allotted, Called Up Share Capital 1
Page 2