Acorah Software Products - Accounts Production 16.1.200 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12258685 Mr Josh Wilkins Mr Paul Wilkins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12258685 2023-09-30 12258685 2024-09-30 12258685 2023-10-01 2024-09-30 12258685 frs-core:CurrentFinancialInstruments 2024-09-30 12258685 frs-core:Non-currentFinancialInstruments 2024-09-30 12258685 frs-core:BetweenOneFiveYears 2024-09-30 12258685 frs-core:ComputerEquipment 2024-09-30 12258685 frs-core:ComputerEquipment 2023-10-01 2024-09-30 12258685 frs-core:ComputerEquipment 2023-09-30 12258685 frs-core:FurnitureFittings 2024-09-30 12258685 frs-core:FurnitureFittings 2023-10-01 2024-09-30 12258685 frs-core:FurnitureFittings 2023-09-30 12258685 frs-core:MotorVehicles 2024-09-30 12258685 frs-core:MotorVehicles 2023-10-01 2024-09-30 12258685 frs-core:MotorVehicles 2023-09-30 12258685 frs-core:ShareCapital 2024-09-30 12258685 frs-core:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 12258685 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12258685 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12258685 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12258685 frs-bus:SmallEntities 2023-10-01 2024-09-30 12258685 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12258685 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12258685 frs-bus:Director1 2023-10-01 2024-09-30 12258685 frs-bus:Director2 2023-10-01 2024-09-30 12258685 frs-countries:EnglandWales 2023-10-01 2024-09-30 12258685 2022-09-30 12258685 2023-09-30 12258685 2022-10-01 2023-09-30 12258685 frs-core:CurrentFinancialInstruments 2023-09-30 12258685 frs-core:Non-currentFinancialInstruments 2023-09-30 12258685 frs-core:BetweenOneFiveYears 2023-09-30 12258685 frs-core:ShareCapital 2022-09-30 12258685 frs-core:ShareCapital 2023-09-30 12258685 frs-core:RetainedEarningsAccumulatedLosses 2022-10-01 2023-09-30 12258685 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-09-30 12258685 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12258685
Wilkins Estate Agents Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
The Arkk Alliance Ltd
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 12258685
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 274,409 146,682
274,409 146,682
CURRENT ASSETS
Stocks 5 - 5,260
Debtors 6 98,366 85,940
Cash at bank and in hand 14,538 36,680
112,904 127,880
Creditors: Amounts Falling Due Within One Year 7 (115,926 ) (117,575 )
NET CURRENT ASSETS (LIABILITIES) (3,022 ) 10,305
TOTAL ASSETS LESS CURRENT LIABILITIES 271,387 156,987
Creditors: Amounts Falling Due After More Than One Year 8 (267,614 ) (98,262 )
NET ASSETS 3,773 58,725
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 3,673 58,625
SHAREHOLDERS' FUNDS 3,773 58,725
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 Josh Wilkins
Director
22nd November 2024
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 October 2022 100 48,371 48,471
Profit for the year and total comprehensive income - 167,754 167,754
Dividends paid - (157,500) (157,500)
As at 30 September 2023 and 1 October 2023 100 58,625 58,725
Profit for the year and total comprehensive income - 70,548 70,548
Dividends paid - (125,500) (125,500)
As at 30 September 2024 100 3,673 3,773
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Page 4
Notes to the Financial Statements
1. General Information
Wilkins Estate Agents Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12258685 . The registered office is 9 Bolebridge Street , Tamworth, Staffordshire, B79 7PA.
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
Commission earned on sales of residential property is recognised on exchange of contract. In connection with lettings, the company offers the following services: (1) Securing the letting for the landlord including rent collection; and (2) Managing the letting on behalf of the landlord. Commissions earned on the above services are recognised as follows: (1) Commissions on securing the letting are recognised immediately; and (2) The management fee is billed and recognised monthly at a fixed percentage of the monthly rental.

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:
Motor Vehicles 25% Straight line method
Fixtures & Fittings 10% Straight line method
Computer Equipment 10% Straight line method
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
2.6. 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 year 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.
...CONTINUED
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2.6. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Government Grant
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2023: 11)
11 11
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 118,510 90,478 10,855 219,843
Additions 164,814 10,202 9,480 184,496
As at 30 September 2024 283,324 100,680 20,335 404,339
Depreciation
As at 1 October 2023 47,548 23,390 2,223 73,161
Provided during the period 45,460 9,883 1,426 56,769
As at 30 September 2024 93,008 33,273 3,649 129,930
Net Book Value
As at 30 September 2024 190,316 67,407 16,686 274,409
As at 1 October 2023 70,962 67,088 8,632 146,682
5. Stocks
2024 2023
£ £
Finished goods - 5,260
Page 5
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 42,578 27,057
Prepayments and accrued income 4,639 14,285
Other debtors 4,538 2,408
Corporation tax recoverable assets 18,243 -
Directors' loan accounts 18,195 -
Amounts owed by group undertakings 10,173 42,190
98,366 85,940
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,543 2,235
Corporation tax 26,236 58,755
Other taxes and social security 7,800 19,330
VAT 20,517 23,942
Other creditors 51,633 774
Accruals and deferred income 8,197 -
Directors' loan accounts - 12,539
115,926 117,575
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 267,614 98,262
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 267,614 98,262
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