Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05658258 Ian Fryer Sandra Fryer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05658258 2023-03-31 05658258 2024-03-31 05658258 2023-04-01 2024-03-31 05658258 frs-core:CurrentFinancialInstruments 2024-03-31 05658258 frs-core:ComputerEquipment 2024-03-31 05658258 frs-core:ComputerEquipment 2023-04-01 2024-03-31 05658258 frs-core:ComputerEquipment 2023-03-31 05658258 frs-core:RevaluationReserve 2023-04-01 2024-03-31 05658258 frs-core:RevaluationReserve 2023-03-31 05658258 frs-core:RevaluationReserve 2024-03-31 05658258 frs-core:ShareCapital 2024-03-31 05658258 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05658258 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05658258 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 05658258 frs-bus:SmallEntities 2023-04-01 2024-03-31 05658258 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05658258 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05658258 frs-core:UnlistedNon-exchangeTraded 2024-03-31 05658258 frs-core:UnlistedNon-exchangeTraded 2023-03-31 05658258 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 05658258 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 05658258 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 05658258 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 05658258 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 05658258 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 05658258 frs-bus:Director1 2023-04-01 2024-03-31 05658258 frs-bus:Director2 2023-04-01 2024-03-31 05658258 frs-countries:EnglandWales 2023-04-01 2024-03-31 05658258 2022-03-31 05658258 2023-03-31 05658258 2022-04-01 2023-03-31 05658258 frs-core:CurrentFinancialInstruments 2023-03-31 05658258 frs-core:RevaluationReserve 2023-03-31 05658258 frs-core:ShareCapital 2023-03-31 05658258 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05658258
Sustainable Works Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Godfrey Wilson Limited
Fifth Floor Mariner House
62 Prince Street
Bristol
BS1 4QD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05658258
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 347 594
Investments 5 33,519 37,483
33,866 38,077
CURRENT ASSETS
Debtors 6 2,163 5,417
Cash at bank and in hand 336 1,004
2,499 6,421
Creditors: Amounts Falling Due Within One Year 7 (3,144 ) (2,281 )
NET CURRENT ASSETS (LIABILITIES) (645 ) 4,140
TOTAL ASSETS LESS CURRENT LIABILITIES 33,221 42,217
NET ASSETS 33,221 42,217
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 22,986 17,482
Profit and Loss Account 10,135 24,635
SHAREHOLDERS' FUNDS 33,221 42,217
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
Sandra Fryer
Director
20/12/2024
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
Sustainable Works Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05658258 . The registered office is Fifth Floor Mariner House, 62 Prince Street, Bristol, BS1 4QD.
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:
Computer Equipment 4 years straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 4,500
As at 31 March 2024 4,500
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 3,906
Provided during the period 247
As at 31 March 2024 4,153
Net Book Value
As at 31 March 2024 347
As at 1 April 2023 594
5. Investments
Unlisted
£
Cost
As at 1 April 2023 37,483
Disposals (10,000 )
Revaluations 6,036
As at 31 March 2024 33,519
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 33,519
As at 1 April 2023 37,483
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,667 1,667
Prepayments and accrued income 496 3,750
2,163 5,417
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 608 486
Accruals 1,320 1,260
Directors' loan accounts 1,216 535
3,144 2,281
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
As at 1 April 2023 17,482
Surplus on revaluation 5,504
As at 31 March 2024 22,986
Page 5