Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 29 March 2024 29 March 2024 06598560 Mr G Webster Dr S Pattison iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06598560 2023-03-31 06598560 2024-03-29 06598560 2023-04-01 2024-03-29 06598560 frs-core:CurrentFinancialInstruments 2024-03-29 06598560 frs-core:ComputerEquipment 2024-03-29 06598560 frs-core:ComputerEquipment 2023-04-01 2024-03-29 06598560 frs-core:ComputerEquipment 2023-03-31 06598560 frs-core:NetGoodwill 2024-03-29 06598560 frs-core:NetGoodwill 2023-04-01 2024-03-29 06598560 frs-core:NetGoodwill 2023-03-31 06598560 frs-core:ShareCapital 2024-03-29 06598560 frs-core:RetainedEarningsAccumulatedLosses 2024-03-29 06598560 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-29 06598560 frs-bus:FilletedAccounts 2023-04-01 2024-03-29 06598560 frs-bus:SmallEntities 2023-04-01 2024-03-29 06598560 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-29 06598560 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-29 06598560 frs-bus:Director1 2023-04-01 2024-03-29 06598560 frs-bus:Director1 2023-03-31 06598560 frs-bus:Director1 2024-03-29 06598560 frs-bus:CompanySecretary1 2023-04-01 2024-03-29 06598560 frs-countries:EnglandWales 2023-04-01 2024-03-29 06598560 2022-03-31 06598560 2023-03-31 06598560 2022-04-01 2023-03-31 06598560 frs-core:CurrentFinancialInstruments 2023-03-31 06598560 frs-core:ShareCapital 2023-03-31 06598560 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06598560
Guy M Webster Limited
Financial Statements
For the Period 1 April 2023 to 29 March 2024
Accounts Unlocked Limited
Office 43, The Cobalt Bldg
1600 Eureka Park, Lower Pemberton
Ashford
Kent
TN25 4BF
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 06598560
29 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 3,681 758
3,681 758
CURRENT ASSETS
Debtors 6 144,485 96,298
Cash at bank and in hand 166,251 196,850
310,736 293,148
Creditors: Amounts Falling Due Within One Year 7 (67,818 ) (47,941 )
NET CURRENT ASSETS (LIABILITIES) 242,918 245,207
TOTAL ASSETS LESS CURRENT LIABILITIES 246,599 245,965
NET ASSETS 246,599 245,965
CAPITAL AND RESERVES
Called up share capital 8 2 2
Income Statement 246,597 245,963
SHAREHOLDERS' FUNDS 246,599 245,965
Page 1
Page 2
For the period ending 29 March 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 Income Statement.
On behalf of the board
Mr G Webster
Director
14 March 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
Guy M Webster Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06598560 . The registered office is Office 43, The Cobalt Building, 1600 Eureka Park, Lower Pemberton, Ashford, Kent, TN25 4BF.
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.
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 income statement over its estimated economic life of 5 years.
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:
Computer Equipment 25% straight line
2.5. 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 years 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.
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 assets reflect 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 period was: 4 (2023: 3)
4 3
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 117,300
As at 29 March 2024 117,300
Amortisation
As at 1 April 2023 117,300
As at 29 March 2024 117,300
Net Book Value
As at 29 March 2024 -
As at 1 April 2023 -
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 3,716
Additions 4,742
As at 29 March 2024 8,458
Depreciation
As at 1 April 2023 2,958
Provided during the period 1,819
As at 29 March 2024 4,777
Net Book Value
As at 29 March 2024 3,681
As at 1 April 2023 758
6. Debtors
29 March 2024 31 March 2023
£ £
Due within one year
Trade debtors 39,984 15,983
Other debtors 104,501 80,315
144,485 96,298
7. Creditors: Amounts Falling Due Within One Year
29 March 2024 31 March 2023
£ £
Other creditors 36,260 2,400
Taxation and social security 31,558 45,541
67,818 47,941
Page 4
Page 5
8. Share Capital
29 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 29 March 2024
£ £ £ £ £
Mr Guy Webster 30,003 187,453 (113,576 ) - 103,879
The above loan is unsecured, interest free and repayable on demand.
Page 5