Acorah Software Products - Accounts Production 16.1.300 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 13198419 Mr D Hunt false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13198419 2023-09-30 13198419 2024-09-30 13198419 2023-10-01 2024-09-30 13198419 frs-core:CurrentFinancialInstruments 2024-09-30 13198419 frs-core:Non-currentFinancialInstruments 2024-09-30 13198419 frs-core:OtherReservesSubtotal 2024-09-30 13198419 frs-core:SharePremium 2024-09-30 13198419 frs-core:ShareCapital 2024-09-30 13198419 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 13198419 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 13198419 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 13198419 frs-bus:SmallEntities 2023-10-01 2024-09-30 13198419 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 13198419 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 13198419 1 2023-10-01 2024-09-30 13198419 frs-core:CostValuation 2023-09-30 13198419 frs-core:CostValuation 2024-09-30 13198419 frs-core:ProvisionsForImpairmentInvestments 2023-09-30 13198419 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 13198419 frs-bus:Director1 2023-10-01 2024-09-30 13198419 frs-core:Non-currentFinancialInstruments 3 2024-09-30 13198419 frs-countries:EnglandWales 2023-10-01 2024-09-30 13198419 2022-09-30 13198419 2023-09-30 13198419 2022-10-01 2023-09-30 13198419 frs-core:CurrentFinancialInstruments 2023-09-30 13198419 frs-core:Non-currentFinancialInstruments 2023-09-30 13198419 frs-core:OtherReservesSubtotal 2023-09-30 13198419 frs-core:SharePremium 2023-09-30 13198419 frs-core:ShareCapital 2023-09-30 13198419 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 13198419 frs-core:Non-currentFinancialInstruments 3 2023-09-30
Registered number: 13198419
Wessex Woodland Holdings Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13198419
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 4,525,885 4,525,885
4,525,885 4,525,885
CURRENT ASSETS
Debtors 5 6 6
Cash at bank and in hand 26 81,026
32 81,032
Creditors: Amounts Falling Due Within One Year 6 (1,222,764 ) (1,137,269 )
NET CURRENT ASSETS (LIABILITIES) (1,222,732 ) (1,056,237 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,303,153 3,469,648
Creditors: Amounts Falling Due After More Than One Year 7 (945,300 ) (1,100,200 )
NET ASSETS 2,357,853 2,369,448
CAPITAL AND RESERVES
Called up share capital 8 240,006 240,006
Share premium account 2,160,000 2,160,000
Other reserves 294,096 216,107
Profit and Loss Account (336,249 ) (246,665 )
SHAREHOLDERS' FUNDS 2,357,853 2,369,448
Page 1
Page 2
For the year ending 30 September 2024 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 D Hunt
Director
18/03/2025
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
Wessex Woodland Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13198419 . The registered office is Foxley Wood, Hungerford Park, Hungerford, RG17 0UT.
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. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. 
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
2.3. Investment in subsidiary
The investment in subsidiary undertaking shown at cost.
2.4. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statemnet of the financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
2.5. Share-based payments
Equity-settled share based payment transactions are measured at fair value at the date of grant. The fair value is expensed on straight-line basis over the vesting period, with corresponding increase in equity. This is based upon the company's estimate of the shares or share options that will eventually vest, which takes into account all vesting conditions and non-market performance conditions, with adjustments being made where information indicates the number of shares or share options expected to vest from previous estimates.
Fair value is determined using an appropiate pricing model. All market conditions and non-vesting conditions are taken into account when estimating the fair value of the shares or share options. As long as all other vesting conditions are satisfied , no adjustments is made irrespective of whether market or non-vesting conditions are met.
The costs in this year , £96,494 ,(2022 : £100,365) are included in Other Operating Costs.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 3
Page 4
4. Investments
Subsidiaries
£
Cost
As at 1 October 2023 4,525,885
As at 30 September 2024 4,525,885
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 4,525,885
As at 1 October 2023 4,525,885
5. Debtors
2024 2023
£ £
Due within one year
Called up share capital not paid 6 6
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 6,001 15,284
Amounts owed to subsidiaries 1,066,763 971,985
Loan notes due within 1 year 150,000 150,000
1,222,764 1,137,269
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Earn-out payment 150,000 150,000
Earn-out payment (shares) 450,000 450,000
Accruals and deferred income 5,300 10,200
Loan notes 340,000 490,000
945,300 1,100,200
8. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 6 6
Called Up Share Capital has been paid up 240,000 240,000
Amount of Allotted, Called Up Share Capital 240,006 240,006
9. Reserves
Shareholders funds include  share premium arising on the issue cost of £2,160,000 and equity based share payments of £216,107 which are non-distributable.
Page 4
Page 5
10. Related Party Transactions
The company has issued interest bearing loan notes of £1,440,000 to the key personnel at the rate of 1% interest per annum.The loan notes were issued to purchase a wholly-owned subsidiary. During the year £150,000 loan notes have been redeemed and the remaining balance of £490,000 will be redeemed over a three year period. The amount outstanding at the year end 30 September 2023 is £490,000.
11. Controlling Party
In the opinion of the director the ultimate controlling parties of the company are Mr D Hunt and Mrs L Hunt.
12. Charge on assets
There is a fixed and floating charge dated 2nd March 2021 over all property or undertaking of the company in respect of the Loan Notes issued
Page 5