Acorah Software Products - Accounts Production 16.1.200 false true 30 June 2024 1 July 2023 false 1 July 2024 2 January 2025 2 January 2025 10227668 Mr Alan Gleeson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10227668 2024-06-30 10227668 2025-01-02 10227668 2024-07-01 2025-01-02 10227668 frs-core:CurrentFinancialInstruments 2025-01-02 10227668 frs-core:ComputerEquipment 2025-01-02 10227668 frs-core:ComputerEquipment 2024-07-01 2025-01-02 10227668 frs-core:ComputerEquipment 2024-06-30 10227668 frs-core:FurnitureFittings 2025-01-02 10227668 frs-core:FurnitureFittings 2024-07-01 2025-01-02 10227668 frs-core:FurnitureFittings 2024-06-30 10227668 frs-core:ShareCapital 2025-01-02 10227668 frs-core:RetainedEarningsAccumulatedLosses 2025-01-02 10227668 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-01-02 10227668 frs-bus:FilletedAccounts 2024-07-01 2025-01-02 10227668 frs-bus:SmallEntities 2024-07-01 2025-01-02 10227668 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-01-02 10227668 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-01-02 10227668 frs-bus:Director1 2024-07-01 2025-01-02 10227668 frs-countries:EnglandWales 2024-07-01 2025-01-02 10227668 2023-06-30 10227668 2024-06-30 10227668 2023-07-01 2024-06-30 10227668 frs-core:CurrentFinancialInstruments 2024-06-30 10227668 frs-core:ShareCapital 2024-06-30 10227668 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 10227668
Work With Agility Ltd
Financial Statements
For the Period 1 July 2024 to 2 January 2025
OD Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10227668
2 January 2025 30 June 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,634
- 1,634
CURRENT ASSETS
Debtors 5 203 7,025
Cash at bank and in hand 1,475 10,732
1,678 17,757
Creditors: Amounts Falling Due Within One Year 6 (2,012 ) (4,087 )
NET CURRENT ASSETS (LIABILITIES) (334 ) 13,670
TOTAL ASSETS LESS CURRENT LIABILITIES (334 ) 15,304
NET (LIABILITIES)/ASSETS (334 ) 15,304
CAPITAL AND RESERVES
Called up share capital 7 101 101
Profit and Loss Account (435 ) 15,203
SHAREHOLDERS' FUNDS (334) 15,304
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For the period ending 2 January 2025 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 Alan Gleeson
Director
20 February 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Work With Agility Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10227668 . The registered office is C/O Od Accountants Ltd St Lawrence Lodge,, 37 Chamberlain St,, Wells, BA5 2PQ.
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:
Fixtures & Fittings 20%
Computer Equipment 25%
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2024: 1)
1 1
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 July 2024 377 7,416 7,793
Disposals (98 ) (546 ) (644 )
As at 2 January 2025 279 6,870 7,149
Depreciation
As at 1 July 2024 151 6,008 6,159
Provided during the period 128 862 990
As at 2 January 2025 279 6,870 7,149
Net Book Value
As at 2 January 2025 - - -
As at 1 July 2024 226 1,408 1,634
5. Debtors
2 January 2025 30 June 2024
£ £
Due within one year
Trade debtors - 6,206
Other debtors 203 819
203 7,025
6. Creditors: Amounts Falling Due Within One Year
2 January 2025 30 June 2024
£ £
Trade creditors - 190
Taxation and social security 2,012 3,897
2,012 4,087
7. Share Capital
2 January 2025 30 June 2024
£ £
Allotted, Called up and fully paid 101 101
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