Acorah Software Products - Accounts Production 16.1.200 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 11759861 Mr S W Parry Mrs V J Parry Mr C Whittle Mrs C M Whittle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11759861 2023-05-31 11759861 2024-05-31 11759861 2023-06-01 2024-05-31 11759861 frs-core:CurrentFinancialInstruments 2024-05-31 11759861 frs-core:ShareCapital 2024-05-31 11759861 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11759861 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11759861 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 11759861 frs-bus:SmallEntities 2023-06-01 2024-05-31 11759861 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11759861 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11759861 frs-bus:Director1 2023-06-01 2024-05-31 11759861 frs-bus:Director1 2023-05-31 11759861 frs-bus:Director1 2024-05-31 11759861 frs-bus:Director2 2023-06-01 2024-05-31 11759861 frs-bus:Director2 2023-05-31 11759861 frs-bus:Director2 2024-05-31 11759861 frs-bus:Director3 2023-06-01 2024-05-31 11759861 frs-bus:Director4 2023-06-01 2024-05-31 11759861 frs-countries:EnglandWales 2023-06-01 2024-05-31 11759861 2022-05-31 11759861 2023-05-31 11759861 2022-06-01 2023-05-31 11759861 frs-core:CurrentFinancialInstruments 2023-05-31 11759861 frs-core:ShareCapital 2023-05-31 11759861 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 11759861
W & P Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11759861
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 393,232 -
393,232 -
CURRENT ASSETS
Debtors 5 485,037 584,256
Investments 6 2 2
Cash at bank and in hand 317,636 496,767
802,675 1,081,025
Creditors: Amounts Falling Due Within One Year 7 (1,673 ) (32,255 )
NET CURRENT ASSETS (LIABILITIES) 801,002 1,048,770
TOTAL ASSETS LESS CURRENT LIABILITIES 1,194,234 1,048,770
NET ASSETS 1,194,234 1,048,770
CAPITAL AND RESERVES
Called up share capital 8 4 4
Profit and Loss Account 1,194,230 1,048,766
SHAREHOLDERS' FUNDS 1,194,234 1,048,770
Page 1
Page 2
For the year ending 31 May 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 S W Parry
Director
Mr C Whittle
Director
23 December 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
W & P Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11759861 . The registered office is 183 Walsall Road Great Wyrley, Walsall, West Midlands, WS6 6NL.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year wasas follows: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 June 2023 -
Additions 393,232
As at 31 May 2024 393,232
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 353,646 385,000
Other debtors 131,391 199,256
485,037 584,256
6. Current Asset Investments
2024 2023
£ £
Shares in subsidiaries 2 2
2 2
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 900 901
Taxation and social security 773 31,354
1,673 32,255
Page 3
Page 4
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2023 Amounts advanced Amounts repaid Amounts written off As at 31 May 2024
£ £ £ £ £
Mr Scott Parry 46,451 929 1,000 - 47,380
Mr Craig Whittle 46,451 1,362 1,000 - 47,813
The above loan is unsecured and repayable on demand. Interest is charged at 2%.
Page 4