Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 07410985 Mrs Claire Parry Mr John Parry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07410985 2023-09-30 07410985 2024-09-30 07410985 2023-10-01 2024-09-30 07410985 frs-core:CurrentFinancialInstruments 2024-09-30 07410985 frs-core:ComputerEquipment 2023-10-01 2024-09-30 07410985 frs-core:FurnitureFittings 2023-10-01 2024-09-30 07410985 frs-core:MotorVehicles 2023-10-01 2024-09-30 07410985 frs-core:PlantMachinery 2024-09-30 07410985 frs-core:PlantMachinery 2023-10-01 2024-09-30 07410985 frs-core:PlantMachinery 2023-09-30 07410985 frs-core:ShareCapital 2024-09-30 07410985 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 07410985 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07410985 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 07410985 frs-bus:SmallEntities 2023-10-01 2024-09-30 07410985 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07410985 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07410985 frs-bus:Director1 2023-10-01 2024-09-30 07410985 frs-bus:Director2 2023-10-01 2024-09-30 07410985 frs-countries:EnglandWales 2023-10-01 2024-09-30 07410985 2022-09-30 07410985 2023-09-30 07410985 2022-10-01 2023-09-30 07410985 frs-core:CurrentFinancialInstruments 2023-09-30 07410985 frs-core:ShareCapital 2023-09-30 07410985 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 07410985
Week2week Serviced Apartments Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07410985
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,304 3,181
3,304 3,181
CURRENT ASSETS
Stocks 5 - 250
Debtors 6 50,832 87,722
Cash at bank and in hand 150,904 149,573
201,736 237,545
Creditors: Amounts Falling Due Within One Year 7 (123,361 ) (158,185 )
NET CURRENT ASSETS (LIABILITIES) 78,375 79,360
TOTAL ASSETS LESS CURRENT LIABILITIES 81,679 82,541
PROVISIONS FOR LIABILITIES
Deferred Taxation (628 ) (604 )
NET ASSETS 81,051 81,937
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 80,851 81,737
SHAREHOLDERS' FUNDS 81,051 81,937
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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
Mrs Claire Parry
Director
31/01/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Week2week Serviced Apartments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07410985 . The registered office is Ouseburn Gateway, 163 City Road, Newcastle Upon Tyne, NE1 2BE.
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:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 20% straight line
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.
2.5. Taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
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4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 October 2023 19,321
Additions 1,282
As at 30 September 2024 20,603
Depreciation
As at 1 October 2023 16,140
Provided during the period 1,159
As at 30 September 2024 17,299
Net Book Value
As at 30 September 2024 3,304
As at 1 October 2023 3,181
5. Stocks
2024 2023
£ £
Finished goods - 250
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 40,197 80,967
Other debtors 10,635 6,755
50,832 87,722
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 73,369 87,215
Other creditors 24,665 34,635
Taxation and social security 25,327 36,335
123,361 158,185
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
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