Acorah Software Products - Accounts Production 16.2.800 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05410498 Mr Mathew Carpenter Mr Ian Carpenter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05410498 2023-03-31 05410498 2024-03-31 05410498 2023-04-01 2024-03-31 05410498 frs-core:Non-currentFinancialInstruments 2024-03-31 05410498 frs-core:BetweenOneFiveYears 2024-03-31 05410498 frs-core:FurnitureFittings 2023-04-01 2024-03-31 05410498 frs-core:NetGoodwill 2023-04-01 2024-03-31 05410498 frs-core:MotorVehicles 2023-04-01 2024-03-31 05410498 frs-core:ShareCapital 2024-03-31 05410498 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05410498 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05410498 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 05410498 frs-bus:SmallEntities 2023-04-01 2024-03-31 05410498 frs-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05410498 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05410498 frs-bus:Director1 2023-04-01 2024-03-31 05410498 frs-bus:Director2 2023-04-01 2024-03-31 05410498 frs-countries:EnglandWales 2023-04-01 2024-03-31 05410498 2022-03-31 05410498 2023-03-31 05410498 2022-04-01 2023-03-31 05410498 frs-core:Non-currentFinancialInstruments 2023-03-31 05410498 frs-core:BetweenOneFiveYears 2023-03-31 05410498 frs-core:WithinOneYear 2023-03-31 05410498 frs-core:ShareCapital 2023-03-31 05410498 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05410498
Wedgewood (New Homes) Limited
ABRIDGED Financial Statements
For The Year Ended 31 March 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Contents
Page
Accountants' Report 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4—5
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Wedgewood (New Homes) Limited For The Year Ended 31 March 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wedgewood (New Homes) Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Wedgewood (New Homes) Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Wedgewood (New Homes) Limited and state those matters that we have agreed to state to the directors of Wedgewood (New Homes) Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wedgewood (New Homes) Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Wedgewood (New Homes) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Wedgewood (New Homes) Limited . You consider that Wedgewood (New Homes) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Wedgewood (New Homes) Limited . 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
26 March 2025
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Page 1
Page 2
Abridged Balance Sheet
Registered number: 05410498
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1 1
Tangible Assets 5 85,712 97,001
85,713 97,002
CURRENT ASSETS
Stocks 84,280 417,250
Debtors 1,349,187 1,392,703
Cash at bank and in hand 204,001 18,854
1,637,468 1,828,807
Creditors: Amounts Falling Due Within One Year (1,666,638 ) (1,889,114 )
NET CURRENT ASSETS (LIABILITIES) (29,170 ) (60,307 )
TOTAL ASSETS LESS CURRENT LIABILITIES 56,543 36,695
Creditors: Amounts Falling Due After More Than One Year (44,760 ) (35,000 )
NET ASSETS 11,783 1,695
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 11,683 1,595
SHAREHOLDERS' FUNDS 11,783 1,695
Page 2
Page 3
For the year ending 31 March 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 Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Mathew Carpenter
Director
26 March 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Abridged Financial Statements
1. General Information
Wedgewood (New Homes) Limited Registered number 05410498 is a limited by shares company incorporated in England & Wales. The Registered Office is CKR House, 70 East Hill, Dartford, DA1 1RZ.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Motor Vehicles 25% reducing balance basis
Fixtures, Fittings & Equipment 25% reducing balance basis
2.5. 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.
2.6. 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 17 15
17 15
Page 4
Page 5
4. Intangible Assets
Total
£
Cost
As at 1 April 2023 10,000
As at 31 March 2024 10,000
Amortisation
As at 1 April 2023 9,999
As at 31 March 2024 9,999
Net Book Value
As at 31 March 2024 1
As at 1 April 2023 1
5. Tangible Assets
Total
£
Cost
As at 1 April 2023 332,105
Additions 19,250
Disposals (14,747 )
As at 31 March 2024 336,608
Depreciation
As at 1 April 2023 235,104
Provided during the period 28,570
Disposals (12,778 )
As at 31 March 2024 250,896
Net Book Value
As at 31 March 2024 85,712
As at 1 April 2023 97,001
6. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - -
Later than one year and not later than five years 19,646 -
19,646 -
19,646 -
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5