Acorah Software Products - Accounts Production 16.1.300 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 08091775 Mr Alexander Williams Mrs Joanne Williams Ms Courtney Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08091775 2023-06-30 08091775 2024-06-30 08091775 2023-07-01 2024-06-30 08091775 frs-core:CurrentFinancialInstruments 2024-06-30 08091775 frs-core:Non-currentFinancialInstruments 2024-06-30 08091775 frs-core:ComputerEquipment 2024-06-30 08091775 frs-core:ComputerEquipment 2023-07-01 2024-06-30 08091775 frs-core:ComputerEquipment 2023-06-30 08091775 frs-core:FurnitureFittings 2024-06-30 08091775 frs-core:FurnitureFittings 2023-07-01 2024-06-30 08091775 frs-core:FurnitureFittings 2023-06-30 08091775 frs-core:PlantMachinery 2024-06-30 08091775 frs-core:PlantMachinery 2023-07-01 2024-06-30 08091775 frs-core:PlantMachinery 2023-06-30 08091775 frs-core:ShareCapital 2024-06-30 08091775 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 08091775 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08091775 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 08091775 frs-bus:SmallEntities 2023-07-01 2024-06-30 08091775 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 08091775 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08091775 frs-core:UnlistedNon-exchangeTraded 2024-06-30 08091775 frs-core:UnlistedNon-exchangeTraded 2023-06-30 08091775 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-06-30 08091775 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-06-30 08091775 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-06-30 08091775 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-06-30 08091775 frs-bus:Director1 2023-07-01 2024-06-30 08091775 frs-bus:Director2 2023-07-01 2024-06-30 08091775 frs-bus:Director3 2023-07-01 2024-06-30 08091775 frs-core:CurrentFinancialInstruments 1 2024-06-30 08091775 frs-core:CurrentFinancialInstruments 2 2024-06-30 08091775 frs-core:CurrentFinancialInstruments 3 2024-06-30 08091775 frs-core:CurrentFinancialInstruments 4 2024-06-30 08091775 frs-core:CurrentFinancialInstruments 7 2024-06-30 08091775 frs-countries:EnglandWales 2023-07-01 2024-06-30 08091775 2022-06-30 08091775 2023-06-30 08091775 2022-07-01 2023-06-30 08091775 frs-core:CurrentFinancialInstruments 2023-06-30 08091775 frs-core:Non-currentFinancialInstruments 2023-06-30 08091775 frs-core:ShareCapital 2023-06-30 08091775 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 08091775 frs-core:CurrentFinancialInstruments 1 2023-06-30 08091775 frs-core:CurrentFinancialInstruments 2 2023-06-30 08091775 frs-core:CurrentFinancialInstruments 3 2023-06-30 08091775 frs-core:CurrentFinancialInstruments 4 2023-06-30 08091775 frs-core:CurrentFinancialInstruments 7 2023-06-30
Registered number: 08091775
Woodnut Construction & Developments Ltd
Financial Statements
For The Year Ended 30 June 2024
Adams & Moore Ltd
Adams & Moore House
Instone Road
Dartford
DA1 2AG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08091775
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,026 5,290
Investments 5 30,000 30,000
37,026 35,290
CURRENT ASSETS
Debtors 6 1,834,688 1,897,093
Cash at bank and in hand 9,537 30,896
1,844,225 1,927,989
Creditors: Amounts Falling Due Within One Year 7 (1,195,897 ) (1,199,726 )
NET CURRENT ASSETS (LIABILITIES) 648,328 728,263
TOTAL ASSETS LESS CURRENT LIABILITIES 685,354 763,553
Creditors: Amounts Falling Due After More Than One Year 8 (366,915 ) (462,506 )
NET ASSETS 318,439 301,047
CAPITAL AND RESERVES
Called up share capital 9 1,003 1,003
Profit and Loss Account 317,436 300,044
SHAREHOLDERS' FUNDS 318,439 301,047
Page 1
Page 2
For the year ending 30 June 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 Alexander Williams
Director
25/03/2025
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
Woodnut Construction & Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08091775 . The registered office is Fuel Tank, 8-12 Creekside, Unit A112, Deptford, SE8 3DX.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
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.
2.6. 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 year 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.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 10)
8 10
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 3,555 8,680 8,699 20,934
Additions - - 4,130 4,130
As at 30 June 2024 3,555 8,680 12,829 25,064
Depreciation
As at 1 July 2023 3,117 7,390 5,137 15,644
Provided during the period 109 322 1,963 2,394
As at 30 June 2024 3,226 7,712 7,100 18,038
Net Book Value
As at 30 June 2024 329 968 5,729 7,026
As at 1 July 2023 438 1,290 3,562 5,290
5. Investments
Unlisted
£
Cost
As at 1 July 2023 30,000
As at 30 June 2024 30,000
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 30,000
As at 1 July 2023 30,000
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 935,180 728,272
Prepayments and accrued income 13,873 14,976
Retainage receivables 118,672 118,672
Other Debtor 766,963 1,035,173
1,834,688 1,897,093
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 319,259 388,635
Other loans 112,266 80,468
Corporation tax 34,136 49,486
Other taxes and social security 30,951 14,718
VAT 262,854 220,689
Pensions Control Account 2,820 1,575
Loan 10,000 10,000
Amex - Credit Card 11,770 23,988
AllStar Business Card: 10,766 4,581
CIS Witheld 5,903 10,914
Other creditor 270,000 270,000
Accruals 125,172 124,672
1,195,897 1,199,726
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,167 19,167
Other loans 357,748 443,339
366,915 462,506
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,003 1,003
Page 5