Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 02430935 Mr Shahid Baig iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02430935 2023-12-31 02430935 2024-12-31 02430935 2024-01-01 2024-12-31 02430935 frs-core:CurrentFinancialInstruments 2024-12-31 02430935 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 02430935 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 02430935 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 02430935 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 02430935 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02430935 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 02430935 frs-core:RevaluationReserve 2023-12-31 02430935 frs-core:RevaluationReserve 2024-12-31 02430935 frs-core:ShareCapital 2024-12-31 02430935 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 02430935 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02430935 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 02430935 frs-bus:SmallEntities 2024-01-01 2024-12-31 02430935 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02430935 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 02430935 frs-core:CostValuation 2023-12-31 02430935 frs-core:CostValuation 2024-12-31 02430935 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 02430935 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 02430935 frs-bus:Director1 2024-01-01 2024-12-31 02430935 frs-countries:EnglandWales 2024-01-01 2024-12-31 02430935 2022-12-31 02430935 2023-12-31 02430935 2023-01-01 2023-12-31 02430935 frs-core:CurrentFinancialInstruments 2023-12-31 02430935 frs-core:RevaluationReserve 2023-12-31 02430935 frs-core:ShareCapital 2023-12-31 02430935 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 02430935
Warford Park Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
BWP Inspire Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02430935
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 865,872 868,200
Investments 5 2 2
865,874 868,202
CURRENT ASSETS
Stocks 6 19,800 19,800
Debtors 7 12,163 2,084
Cash at bank and in hand 70,257 32,432
102,220 54,316
Creditors: Amounts Falling Due Within One Year 8 (3,474 ) (92,416 )
NET CURRENT ASSETS (LIABILITIES) 98,746 (38,100 )
TOTAL ASSETS LESS CURRENT LIABILITIES 964,620 830,102
NET ASSETS 964,620 830,102
CAPITAL AND RESERVES
Called up share capital 9 3,400,000 3,400,000
Revaluation reserve 10 547,090 547,090
Profit and Loss Account (2,982,470 ) (3,116,988 )
SHAREHOLDERS' FUNDS 964,620 830,102
Page 1
Page 2
For the year 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 Shahid Baig
Director
06/02/2025
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
Warford Park Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02430935 . The registered office is Charter Buildings, Ashton Lane, Sale, Greater Manchester, M33 6WT.
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 0
Leasehold 0.45% on cost
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: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Leasehold Total
£ £ £
Cost
As at 1 January 2024 580,000 517,350 1,097,350
As at 31 December 2024 580,000 517,350 1,097,350
Depreciation
As at 1 January 2024 - 229,150 229,150
Provided during the period - 2,328 2,328
As at 31 December 2024 - 231,478 231,478
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2024 580,000 285,872 865,872
As at 1 January 2024 580,000 288,200 868,200
5. Investments
Other
£
Cost
As at 1 January 2024 2
As at 31 December 2024 2
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 2
As at 1 January 2024 2
6. Stocks
2024 2023
£ £
Stock 19,800 19,800
7. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 3,379 1,950
Other debtors 8,784 134
12,163 2,084
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Other creditors - 88,919
Accruals and deferred income 3,473 3,497
3,474 92,416
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3,400,000 3,400,000
Page 4
Page 5
10. Reserves
Revaluation Reserve
£
As at 1 January 2024 547,090
As at 31 December 2024 547,090
Page 5