Acorah Software Products - Accounts Production 16.2.850 false true false 1 August 2023 31 July 2024 31 July 2024 14988710 Mr Lee Moseley Mr Jason Wyatt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14988710 2023-07-31 14988710 2024-07-31 14988710 2023-08-01 2024-07-31 14988710 frs-core:CurrentFinancialInstruments 2024-07-31 14988710 frs-core:MotorVehicles 2024-07-31 14988710 frs-core:MotorVehicles 2023-08-01 2024-07-31 14988710 frs-core:MotorVehicles 2023-07-31 14988710 frs-core:PlantMachinery 2024-07-31 14988710 frs-core:PlantMachinery 2023-08-01 2024-07-31 14988710 frs-core:PlantMachinery 2023-07-31 14988710 frs-core:ShareCapital 2024-07-31 14988710 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 14988710 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 14988710 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 14988710 frs-bus:SmallEntities 2023-08-01 2024-07-31 14988710 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 14988710 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 14988710 frs-bus:Director1 2023-08-01 2024-07-31 14988710 frs-bus:Director2 2023-08-01 2024-07-31 14988710 frs-countries:EnglandWales 2023-08-01 2024-07-31
Registered number: 14988710
Wyley Gates Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Kerry Butcher Accountancy Services
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14988710
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 29,020
29,020
CURRENT ASSETS
Debtors 5 671
Cash at bank and in hand 146
817
Creditors: Amounts Falling Due Within One Year 6 (55,330 )
NET CURRENT ASSETS (LIABILITIES) (54,513 )
TOTAL ASSETS LESS CURRENT LIABILITIES (25,493 )
NET LIABILITIES (25,493 )
CAPITAL AND RESERVES
Called up share capital 7 200
Profit and Loss Account (25,693 )
SHAREHOLDERS' FUNDS (25,493)
For the year ending 31 July 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 Lee Moseley
Director
Mr Jason Wyatt
Director
31/03/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Wyley Gates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14988710 . The registered office is Exchange House, Exchange Street, Attleborough, Norfolk, NR17 2AB.
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.
2.3. 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 15%
Motor Vehicles 15%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3
3
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 August 2023 - - -
Additions 20,641 13,500 34,141
As at 31 July 2024 20,641 13,500 34,141
Depreciation
As at 1 August 2023 - - -
Provided during the period 3,096 2,025 5,121
As at 31 July 2024 3,096 2,025 5,121
Net Book Value
As at 31 July 2024 17,545 11,475 29,020
As at 1 August 2023 - - -
Page 2
Page 3
5. Debtors
2024
£
Due within one year
Other debtors 671
6. Creditors: Amounts Falling Due Within One Year
2024
£
Other loans 13,550
Other creditors 41,780
55,330
7. Share Capital
2024
£
Allotted, Called up and fully paid 200
Page 3