Acorah Software Products - Accounts Production 16.1.300 false true false 15 September 2023 31 December 2024 31 December 2024 15139975 Mr Olajide Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15139975 2023-09-14 15139975 2024-12-31 15139975 2023-09-15 2024-12-31 15139975 frs-core:CurrentFinancialInstruments 2024-12-31 15139975 frs-core:Non-currentFinancialInstruments 2024-12-31 15139975 frs-core:ComputerEquipment 2024-12-31 15139975 frs-core:ComputerEquipment 2023-09-15 2024-12-31 15139975 frs-core:ComputerEquipment 2023-09-14 15139975 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-15 2024-12-31 15139975 frs-core:FurnitureFittings 2024-12-31 15139975 frs-core:FurnitureFittings 2023-09-15 2024-12-31 15139975 frs-core:FurnitureFittings 2023-09-14 15139975 frs-core:OtherResidualIntangibleAssets 2024-12-31 15139975 frs-core:OtherResidualIntangibleAssets 2023-09-15 2024-12-31 15139975 frs-core:OtherResidualIntangibleAssets 2023-09-14 15139975 frs-core:ShareCapital 2024-12-31 15139975 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15139975 frs-bus:PrivateLimitedCompanyLtd 2023-09-15 2024-12-31 15139975 frs-bus:FilletedAccounts 2023-09-15 2024-12-31 15139975 frs-bus:SmallEntities 2023-09-15 2024-12-31 15139975 frs-bus:AuditExempt-NoAccountantsReport 2023-09-15 2024-12-31 15139975 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-15 2024-12-31 15139975 frs-bus:Director1 2023-09-15 2024-12-31 15139975 frs-countries:EnglandWales 2023-09-15 2024-12-31
Registered number: 15139975
Wiltrac UK Ltd
Unaudited Financial Statements
For the Period 15 September 2023 to 31 December 2024
Thrive Finch Accounting Limited
Unit 17 White Barn
Manor Farm, Manor Road
Wantage
Oxfordshire
OX12 8NE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15139975
31 December 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 24,003
Tangible Assets 5 716
24,719
CURRENT ASSETS
Debtors 6 1,147
Cash at bank and in hand 1,967
3,114
Creditors: Amounts Falling Due Within One Year 7 (83,480 )
NET CURRENT ASSETS (LIABILITIES) (80,366 )
TOTAL ASSETS LESS CURRENT LIABILITIES (55,647 )
Creditors: Amounts Falling Due After More Than One Year 8 (23,154 )
NET LIABILITIES (78,801 )
CAPITAL AND RESERVES
Called up share capital 9 100
Profit and Loss Account (78,901 )
SHAREHOLDERS' FUNDS (78,801)
Page 1
Page 2
For the period ending 31 December 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 Olajide Williams
Director
17/01/2025
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
Wiltrac UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15139975 . The registered office is 1004 St Albans Road, Watford, Hertfordshire, WD25 9NP.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Walfinch brand name. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. 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 Straight line over 4 years
Computer Equipment Straight line over 4 years
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Intangible Assets
Other
£
Cost
As at 15 September 2023 -
Additions 32,400
As at 31 December 2024 32,400
Amortisation
As at 15 September 2023 -
Provided during the period 8,397
As at 31 December 2024 8,397
Net Book Value
As at 31 December 2024 24,003
As at 15 September 2023 -
Page 3
Page 4
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 15 September 2023 - - -
Additions 438 550 988
As at 31 December 2024 438 550 988
Depreciation
As at 15 September 2023 - - -
Provided during the period 117 155 272
As at 31 December 2024 117 155 272
Net Book Value
As at 31 December 2024 321 395 716
As at 15 September 2023 - - -
6. Debtors
31 December 2024
£
Due within one year
Due after more than one year
Other debtors 1,147
7. Creditors: Amounts Falling Due Within One Year
31 December 2024
£
Trade creditors 960
Other loans 17,067
Other creditors 63,856
Taxation and social security 1,597
83,480
8. Creditors: Amounts Falling Due After More Than One Year
31 December 2024
£
Other loans 22,222
Other creditors 932
23,154
Page 4
Page 5
9. Share Capital
31 December 2024
£
Allotted, Called up and fully paid 100
Page 5