Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 02018843 Mr Steven Render Mr William Foster Mr James Crosskell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02018843 2023-07-31 02018843 2024-07-31 02018843 2023-08-01 2024-07-31 02018843 frs-core:Non-currentFinancialInstruments 2024-07-31 02018843 frs-core:BetweenOneFiveYears 2024-07-31 02018843 frs-core:FurnitureFittings 2023-08-01 2024-07-31 02018843 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 02018843 frs-core:MotorVehicles 2023-08-01 2024-07-31 02018843 frs-core:PlantMachinery 2023-08-01 2024-07-31 02018843 frs-core:WithinOneYear 2024-07-31 02018843 frs-core:ShareCapital 2024-07-31 02018843 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 02018843 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 02018843 frs-bus:AbridgedAccounts 2023-08-01 2024-07-31 02018843 frs-bus:SmallEntities 2023-08-01 2024-07-31 02018843 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 02018843 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 02018843 frs-bus:Director1 2023-08-01 2024-07-31 02018843 frs-bus:Director2 2023-08-01 2024-07-31 02018843 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 02018843 frs-countries:EnglandWales 2023-08-01 2024-07-31 02018843 2022-07-31 02018843 2023-07-31 02018843 2022-08-01 2023-07-31 02018843 frs-core:Non-currentFinancialInstruments 2023-07-31 02018843 frs-core:BetweenOneFiveYears 2023-07-31 02018843 frs-core:MotorVehicles 2022-08-01 2023-07-31 02018843 frs-core:PlantMachinery 2022-08-01 2023-07-31 02018843 frs-core:WithinOneYear 2023-07-31 02018843 frs-core:ShareCapital 2023-07-31 02018843 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 02018843
Old Ferry Wharf Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 July 2024
Unaudited Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 02018843
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 159,285 166,274
159,285 166,274
CURRENT ASSETS
Stocks 11,000 11,000
Debtors 237,969 246,947
Cash at bank and in hand 36,593 39,857
285,562 297,804
Creditors: Amounts Falling Due Within One Year (582,996 ) (542,591 )
NET CURRENT ASSETS (LIABILITIES) (297,434 ) (244,787 )
TOTAL ASSETS LESS CURRENT LIABILITIES (138,149 ) (78,513 )
Creditors: Amounts Falling Due After More Than One Year (21,052 ) (43,910 )
NET LIABILITIES (159,201 ) (122,423 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (159,301 ) (122,523 )
SHAREHOLDERS' FUNDS (159,201) (122,423)
Page 1
Page 2
For the year ending 31 July 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 July 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Steven Render
Director
28 February 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Old Ferry Wharf Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02018843 . The registered office is Old Ferry Wharf, Ferry Road, Barrow Haven, North Lincolnshire, DN19 7ET.
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:
Leasehold 5% on cost
Plant & Machinery 10% reducing balance
Motor Vehicles 10% straight line
Fixtures & Fittings 10% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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 as follows:
2024 2023
Office and administration 4 3
Sales, marketing and distribution 15 15
19 18
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4. Tangible Assets
Total
£
Cost
As at 1 August 2023 264,895
Additions 10,408
As at 31 July 2024 275,303
Depreciation
As at 1 August 2023 98,621
Provided during the period 17,397
As at 31 July 2024 116,018
Net Book Value
As at 31 July 2024 159,285
As at 1 August 2023 166,274
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Plant & Machinery 33,661 37,401
Motor Vehicles 63,688 61,568
97,349 98,969
5. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 19,001 21,432
Later than one year and not later than five years 3,552 12,559
22,553 33,991
22,553 33,991
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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