Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 true No description of principal activity 1 June 2023 31 May 2024 31 May 2024 13427126 Mr Jonathan Warner Mr James Warner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13427126 2023-05-31 13427126 2024-05-31 13427126 2023-06-01 2024-05-31 13427126 frs-core:CurrentFinancialInstruments 2024-05-31 13427126 frs-core:ShareCapital 2024-05-31 13427126 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 13427126 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13427126 frs-bus:FullAccounts 2023-06-01 2024-05-31 13427126 frs-bus:SmallEntities 2023-06-01 2024-05-31 13427126 frs-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 13427126 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13427126 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-06-01 2024-05-31 13427126 frs-bus:Director1 2023-06-01 2024-05-31 13427126 frs-bus:Director2 2023-06-01 2024-05-31 13427126 frs-core:CurrentFinancialInstruments 1 2024-05-31 13427126 frs-countries:EnglandWales 2023-06-01 2024-05-31 13427126 2022-05-31 13427126 2023-05-31 13427126 2022-06-01 2023-05-31 13427126 frs-core:CurrentFinancialInstruments 2023-05-31 13427126 frs-core:ShareCapital 2023-05-31 13427126 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 13427126 frs-core:CurrentFinancialInstruments 1 2023-05-31
Registered number: 13427126
Warner Developments Limited
Directors' Report and
Financial Statements
For The Year Ended 31 May 2024
Brealey Foster & Co
Chartered Accountant
2-4 The Horsefair
Hinckley
LE10 0AN
Contents
Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Profit and Loss Account 4
Balance Sheet 5—6
Notes to the Financial Statements 7—8
Page 1
Company Information
Directors Mr Jonathan Warner
Mr James Warner
Company Number 13427126
Registered Office 2-4 The Edwards Centre Brealey Foster & Co
Horsefair
Hinckley
LE10 0AN
Accountants Brealey Foster & Co
Chartered Accountant
2-4 The Horsefair
Hinckley
LE10 0AN
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 31 May 2024.
Directors
The directors who held office during the year were as follows:
Mr Jonathan Warner
Mr James Warner
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr Jonathan Warner
Director
14th November 2024
Page 2
Page 3
Accountant's Report
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 May 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
13th November 2024
Brealey Foster & Co
Chartered Accountant
2-4 The Horsefair
Hinckley
LE10 0AN
Page 3
Page 4
Profit and Loss Account
2024 2023
Notes £ £
Cost of sales (48,293 ) (20,632 )
GROSS LOSS (48,293 ) (20,632 )
Administrative expenses (2,445 ) (17,361 )
OPERATING LOSS AND LOSS FOR THE FINANCIAL YEAR (50,738 ) (37,993 )
The notes on pages 7 to 8 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 265,000 265,000
Debtors 5 2,338 2,775
Cash at bank and in hand 1,351 3,446
268,689 271,221
Creditors: Amounts Falling Due Within One Year 6 (375,423 ) (327,217 )
NET CURRENT ASSETS (LIABILITIES) (106,734 ) (55,996 )
TOTAL ASSETS LESS CURRENT LIABILITIES (106,734 ) (55,996 )
NET LIABILITIES (106,734 ) (55,996 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (106,735 ) (55,997 )
SHAREHOLDERS' FUNDS (106,734) (55,996)
Page 5
Page 6
For the year ending 31 May 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 in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Jonathan Warner
Director
14th November 2024
The notes on pages 7 to 8 form part of these financial statements.
Page 6
Page 7
Notes to the Financial Statements
1. General Information
Warner Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13427126 . The registered office is 2-4 The Edwards Centre Brealey Foster & Co, Horsefair, Hinckley, LE10 0AN.
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. 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: 2 (2023: 2)
2 2
4. Stocks
2024 2023
£ £
Work in progress 265,000 265,000
5. Debtors
2024 2023
£ £
Due within one year
VAT 2,338 2,775
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) (1 )
Creditor Control Account 7,028 13,241
Other creditors - Mr. J. & Mrs S.L. Warner 366,264 311,845
Accruals and deferred income 600 600
Directors' loan accounts 1,532 1,532
375,423 327,217
Page 7
Page 8
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 8