Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 09180902 Mr S Ware Mrs L H Ware iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09180902 2023-08-31 09180902 2024-08-31 09180902 2023-09-01 2024-08-31 09180902 frs-core:CurrentFinancialInstruments 2024-08-31 09180902 frs-core:Non-currentFinancialInstruments 2024-08-31 09180902 frs-core:ComputerEquipment 2024-08-31 09180902 frs-core:ComputerEquipment 2023-09-01 2024-08-31 09180902 frs-core:ComputerEquipment 2023-08-31 09180902 frs-core:ShareCapital 2024-08-31 09180902 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09180902 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09180902 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 09180902 frs-bus:SmallEntities 2023-09-01 2024-08-31 09180902 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09180902 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09180902 frs-bus:Director1 2023-09-01 2024-08-31 09180902 frs-bus:Director2 2023-09-01 2024-08-31 09180902 frs-countries:EnglandWales 2023-09-01 2024-08-31 09180902 2022-08-31 09180902 2023-08-31 09180902 2022-09-01 2023-08-31 09180902 frs-core:CurrentFinancialInstruments 2023-08-31 09180902 frs-core:Non-currentFinancialInstruments 2023-08-31 09180902 frs-core:ShareCapital 2023-08-31 09180902 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 09180902
Warefields Ltd
Financial Statements
For The Year Ended 31 August 2024
Stubbs Parkin
55 Hoghton Street
Southport
Merseyside
PR9 0PG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09180902
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 592 156
592 156
CURRENT ASSETS
Debtors 5 5,313 5,007
Cash at bank and in hand 10,226 14,887
15,539 19,894
Creditors: Amounts Falling Due Within One Year 6 (13,030 ) (13,563 )
NET CURRENT ASSETS (LIABILITIES) 2,509 6,331
TOTAL ASSETS LESS CURRENT LIABILITIES 3,101 6,487
Creditors: Amounts Falling Due After More Than One Year 7 (2,550 ) (5,950 )
NET ASSETS 551 537
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 451 437
SHAREHOLDERS' FUNDS 551 537
Page 1
Page 2
For the year ending 31 August 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
Mr S Ware
Director
23rd December 2024
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
Warefields Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09180902 . The registered office is 55 Hoghton Street, Southport, Merseyside, PR9 0PG. The company's functional and presentational currency is GBP and no level of rounding has been used in the preparation of the financial statements.
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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities
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:
Computer Equipment 15% reducing balance
2.4. Taxation
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 299
Additions 540
As at 31 August 2024 839
Depreciation
As at 1 September 2023 143
Provided during the period 104
As at 31 August 2024 247
Net Book Value
As at 31 August 2024 592
As at 1 September 2023 156
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,995 3,916
Other debtors 1,318 1,091
5,313 5,007
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 3,400 3,400
Other creditors 1,686 1,590
Taxation and social security 7,944 8,573
13,030 13,563
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,550 5,950
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5