Acorah Software Products - Accounts Production 16.0.110 false true false 14 December 2023 31 December 2024 31 December 2024 15351354 Mr L Wade iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15351354 2023-12-13 15351354 2024-12-31 15351354 2023-12-14 2024-12-31 15351354 frs-core:ShareCapital 2024-12-31 15351354 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15351354 frs-bus:PrivateLimitedCompanyLtd 2023-12-14 2024-12-31 15351354 frs-bus:AbridgedAccounts 2023-12-14 2024-12-31 15351354 frs-bus:SmallEntities 2023-12-14 2024-12-31 15351354 frs-bus:AuditExempt-NoAccountantsReport 2023-12-14 2024-12-31 15351354 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-14 2024-12-31 15351354 frs-core:CostValuation 2023-12-13 15351354 frs-core:AdditionsToInvestments 2024-12-31 15351354 frs-core:CostValuation 2024-12-31 15351354 frs-core:ProvisionsForImpairmentInvestments 2023-12-13 15351354 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 15351354 frs-bus:Director1 2023-12-14 2024-12-31 15351354 frs-bus:Director1 2023-12-13 15351354 frs-bus:Director1 2024-12-31 15351354 frs-countries:EnglandWales 2023-12-14 2024-12-31
Registered number: 15351354
Wade Assets Limited
Unaudited ABRIDGED Financial Statements
For the Period 14 December 2023 to 31 December 2024
Hive Accountancy Ltd
The Innovation Centre
Treliske
Truro
Cornwall
TR1 3FF
Contents
Page
Balance Sheet 1
Notes to the Abridged Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15351354
31 December 2024
Notes £ £
FIXED ASSETS
Investments 4 51
51
CURRENT ASSETS
Debtors 5 12,676
12,676
NET CURRENT ASSETS (LIABILITIES) 12,676
TOTAL ASSETS LESS CURRENT LIABILITIES 12,727
NET ASSETS 12,727
CAPITAL AND RESERVES
Called up share capital 6 52
Profit and Loss Account 12,675
SHAREHOLDERS' FUNDS 12,727
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr L Wade
Director
14 February 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
Wade Assets Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15351354 . The registered office is 14 Harrison Terrace, Truro, Cornwall, TR1 3EN.
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
3. Average Number of Employees
Average number of employees during the year was as follows: NIL
-
4. Investments
Subsidiaries
£
Cost
As at 14 December 2023 -
Additions 51
As at 31 December 2024 51
Provision
As at 14 December 2023 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 51
As at 14 December 2023 -
5. Debtors
31 December 2024
£
Due within one year
Other debtors 12,676
6. Share Capital
31 December 2024
£
Allotted, Called up and fully paid 52
On incorporation, 10 shares of £0.10 each were issued at par. A further 507 shares of £0.10 each were issued at par on 29 January 2024.
Page 2
Page 3
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 14 December 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Luc Wade - 1 - - 1
Interest is charged on loan balances above £10,000 at the HMRC approved interest rate.
Page 3