Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 09938517 Mr C P Goodwin-Hudson Mrs A L Goodwin-Hudson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09938517 2024-01-31 09938517 2025-01-31 09938517 2024-02-01 2025-01-31 09938517 frs-core:CurrentFinancialInstruments 2025-01-31 09938517 frs-core:ComputerEquipment 2025-01-31 09938517 frs-core:ComputerEquipment 2024-02-01 2025-01-31 09938517 frs-core:ComputerEquipment 2024-01-31 09938517 frs-core:PlantMachinery 2025-01-31 09938517 frs-core:PlantMachinery 2024-02-01 2025-01-31 09938517 frs-core:PlantMachinery 2024-01-31 09938517 frs-core:ShareCapital 2025-01-31 09938517 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 09938517 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09938517 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 09938517 frs-bus:SmallEntities 2024-02-01 2025-01-31 09938517 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 09938517 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 09938517 frs-bus:Director1 2024-02-01 2025-01-31 09938517 frs-bus:Director2 2024-02-01 2025-01-31 09938517 frs-countries:EnglandWales 2024-02-01 2025-01-31 09938517 2023-01-31 09938517 2024-01-31 09938517 2023-02-01 2024-01-31 09938517 frs-core:CurrentFinancialInstruments 2024-01-31 09938517 frs-core:ShareCapital 2024-01-31 09938517 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Watchman Advisory Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09938517
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 306 843
306 843
CURRENT ASSETS
Debtors 5 73,042 144,287
Cash at bank and in hand 21,084 47,068
94,126 191,355
Creditors: Amounts Falling Due Within One Year 6 (43,680 ) (123,833 )
NET CURRENT ASSETS (LIABILITIES) 50,446 67,522
TOTAL ASSETS LESS CURRENT LIABILITIES 50,752 68,365
PROVISIONS FOR LIABILITIES
Deferred Taxation (76 ) (160 )
NET ASSETS 50,676 68,205
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 50,576 68,105
SHAREHOLDERS' FUNDS 50,676 68,205
Page 1
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For the year ending 31 January 2025 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 C P Goodwin-Hudson
Director
3 April 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Watchman Advisory Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09938517 . The registered office is 27 Old Gloucester Street, London, WC1N 3AX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 20% straight line
Computer Equipment 33.3% straight line
2.4. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares, which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments, where applicable, are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
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.
3. Average Number of Employees
The average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 February 2024 762 3,057 3,819
As at 31 January 2025 762 3,057 3,819
Depreciation
As at 1 February 2024 305 2,671 2,976
Provided during the period 152 385 537
As at 31 January 2025 457 3,056 3,513
Net Book Value
As at 31 January 2025 305 1 306
As at 1 February 2024 457 386 843
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 38,090 137,711
Other debtors 34,952 6,576
73,042 144,287
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 347
Other creditors 41,660 59,371
Taxation and social security 2,020 64,115
43,680 123,833
Included within Other creditors above are unsecured loans from the directors of £34,377 (2024 - £21,951 ). These repayable on demand, and interest of up to 20% per annum is chargeable at the discretion of the directors.
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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