Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08544111 Mr Andrew Lacey Westbury Mr Matthew Edward Westbury Ms Merle Patricia Westbury iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08544111 2023-04-30 08544111 2024-04-30 08544111 2023-05-01 2024-04-30 08544111 frs-core:CurrentFinancialInstruments 2024-04-30 08544111 frs-core:FurnitureFittings 2024-04-30 08544111 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08544111 frs-core:FurnitureFittings 2023-04-30 08544111 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 08544111 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 08544111 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 08544111 frs-core:MotorVehicles 2024-04-30 08544111 frs-core:MotorVehicles 2023-05-01 2024-04-30 08544111 frs-core:MotorVehicles 2023-04-30 08544111 frs-core:ShareCapital 2024-04-30 08544111 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08544111 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08544111 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08544111 frs-bus:SmallEntities 2023-05-01 2024-04-30 08544111 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08544111 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08544111 frs-bus:Director1 2023-05-01 2024-04-30 08544111 frs-bus:Director2 2023-05-01 2024-04-30 08544111 frs-bus:Director3 2023-05-01 2024-04-30 08544111 frs-countries:EnglandWales 2023-05-01 2024-04-30 08544111 2022-04-30 08544111 2023-04-30 08544111 2022-05-01 2023-04-30 08544111 frs-core:CurrentFinancialInstruments 2023-04-30 08544111 frs-core:ShareCapital 2023-04-30 08544111 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08544111
Westbury Pencoed Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Accountants247 Limited
Suite 201 - 204 Malthouse Business Park
48 Southport Road
Ormskirk
Lancs
L39 1QR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08544111
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 116,844 120,877
116,844 120,877
CURRENT ASSETS
Stocks 5 24,000 24,000
Debtors 6 4,916 1,641
Cash at bank and in hand 2,429 21,814
31,345 47,455
Creditors: Amounts Falling Due Within One Year 7 (997 ) (1,009 )
NET CURRENT ASSETS (LIABILITIES) 30,348 46,446
TOTAL ASSETS LESS CURRENT LIABILITIES 147,192 167,323
NET ASSETS 147,192 167,323
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 147,092 167,223
SHAREHOLDERS' FUNDS 147,192 167,323
Page 1
Page 2
For the year ending 30 April 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
Ms Merle Patricia Westbury
Director
31/01/2025
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
Westbury Pencoed Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08544111 . The registered office is Pencoed Canol, Pencoed, Corwen, Clwyd, LL21 9DD.
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:
Freehold No Depreciation
Motor Vehicles 25% Reducing balance method
Fixtures & Fittings 15% Reducing balance method
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: 3)
2 3
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 May 2023 89,617 6,891 41,762 138,270
Additions 870 - - 870
As at 30 April 2024 90,487 6,891 41,762 139,140
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 May 2023 - 6,042 11,351 17,393
Provided during the period - 212 4,691 4,903
As at 30 April 2024 - 6,254 16,042 22,296
Net Book Value
As at 30 April 2024 90,487 637 25,720 116,844
As at 1 May 2023 89,617 849 30,411 120,877
5. Stocks
2024 2023
£ £
Stock 24,000 24,000
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 4,916 1,641
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 533 1,009
Taxation and social security 464 -
997 1,009
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4