Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12123621 Mr D M Kosifou Mr K P Gabriel Mr M O Sennett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12123621 2023-12-31 12123621 2024-12-31 12123621 2024-01-01 2024-12-31 12123621 frs-core:CurrentFinancialInstruments 2024-12-31 12123621 frs-core:Non-currentFinancialInstruments 2024-12-31 12123621 frs-core:ShareCapital 2024-12-31 12123621 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12123621 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12123621 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12123621 frs-bus:SmallEntities 2024-01-01 2024-12-31 12123621 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12123621 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12123621 frs-core:UnlistedNon-exchangeTraded 2024-12-31 12123621 frs-core:UnlistedNon-exchangeTraded 2023-12-31 12123621 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 12123621 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 12123621 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 12123621 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 12123621 frs-bus:Director1 2024-01-01 2024-12-31 12123621 frs-bus:Director2 2024-01-01 2024-12-31 12123621 frs-bus:Director3 2024-01-01 2024-12-31 12123621 frs-countries:EnglandWales 2024-01-01 2024-12-31 12123621 2022-12-31 12123621 2023-12-31 12123621 2023-01-01 2023-12-31 12123621 frs-core:CurrentFinancialInstruments 2023-12-31 12123621 frs-core:Non-currentFinancialInstruments 2023-12-31 12123621 frs-core:ShareCapital 2023-12-31 12123621 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12123621
Western Business Media Holdings Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12123621
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 800,000 800,000
800,000 800,000
CURRENT ASSETS
Debtors 5 27 -
Cash at bank and in hand 171 52,470
198 52,470
Creditors: Amounts Falling Due Within One Year 6 (465,523 ) (484,796 )
NET CURRENT ASSETS (LIABILITIES) (465,325 ) (432,326 )
TOTAL ASSETS LESS CURRENT LIABILITIES 334,675 367,674
Creditors: Amounts Falling Due After More Than One Year 7 (121,400 ) (154,400 )
NET ASSETS 213,275 213,274
CAPITAL AND RESERVES
Called up share capital 8 300 300
Profit and Loss Account 212,975 212,974
SHAREHOLDERS' FUNDS 213,275 213,274
Page 1
Page 2
For the year 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 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 M O Sennett
Director
6 March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Western Business Media Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12123621 . The registered office is Dorset House, 64 High Street, East Grinstead, West Sussex, RH19 3DE.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: )
- -
4. Investments
Unlisted
£
Cost
As at 1 January 2024 800,000
As at 31 December 2024 800,000
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 800,000
As at 1 January 2024 800,000
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 27 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings 431,023 448,820
Other creditors 34,500 34,500
Taxation and social security - 1,476
465,523 484,796
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 121,400 154,400
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 300 300
Page 4