Acorah Software Products - Accounts Production 16.1.200 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 08588022 Mrs Michelle Linford Mr James Linford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08588022 2023-06-30 08588022 2024-06-30 08588022 2023-07-01 2024-06-30 08588022 frs-core:Non-currentFinancialInstruments 2024-06-30 08588022 frs-core:ComputerEquipment 2023-07-01 2024-06-30 08588022 frs-core:PlantMachinery 2023-07-01 2024-06-30 08588022 frs-core:ShareCapital 2024-06-30 08588022 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 08588022 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08588022 frs-bus:AbridgedAccounts 2023-07-01 2024-06-30 08588022 frs-bus:SmallEntities 2023-07-01 2024-06-30 08588022 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 08588022 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08588022 frs-bus:Director1 2023-07-01 2024-06-30 08588022 frs-bus:Director2 2023-07-01 2024-06-30 08588022 frs-countries:EnglandWales 2023-07-01 2024-06-30 08588022 2022-06-30 08588022 2023-06-30 08588022 2022-07-01 2023-06-30 08588022 frs-core:Non-currentFinancialInstruments 2023-06-30 08588022 frs-core:ShareCapital 2023-06-30 08588022 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 08588022
Woodways Homes Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 08588022
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,650 11,027
8,650 11,027
CURRENT ASSETS
Stocks 489,002 489,002
Debtors 26,377 19,991
Cash at bank and in hand 10,838 67,600
526,217 576,593
Creditors: Amounts Falling Due Within One Year (149,140 ) (183,734 )
NET CURRENT ASSETS (LIABILITIES) 377,077 392,859
TOTAL ASSETS LESS CURRENT LIABILITIES 385,727 403,886
Creditors: Amounts Falling Due After More Than One Year (400,835 ) (400,835 )
NET (LIABILITIES)/ASSETS (15,108 ) 3,051
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (15,208 ) 2,951
SHAREHOLDERS' FUNDS (15,108) 3,051
Page 1
Page 2
For the year ending 30 June 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 June 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr James Linford
Director
24th January 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Woodways Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08588022 . The registered office is 46 Hullbridge Road, South Woodham Ferrers, Essex, CM3 5NG.
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:
Plant & Machinery 20% reducing balance
Computer Equipment 33% straight line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 1 July 2023 16,399
As at 30 June 2024 16,399
Depreciation
As at 1 July 2023 5,372
Provided during the period 2,377
As at 30 June 2024 7,749
Net Book Value
As at 30 June 2024 8,650
As at 1 July 2023 11,027
Page 3
Page 4
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4