Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 02506886 Mr D A Wadsworth Mrs N E Starmer Mrs C Wadsworth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02506886 2023-09-30 02506886 2024-09-30 02506886 2023-10-01 2024-09-30 02506886 frs-core:CurrentFinancialInstruments 2024-09-30 02506886 frs-core:ComputerEquipment 2024-09-30 02506886 frs-core:ComputerEquipment 2023-10-01 2024-09-30 02506886 frs-core:ComputerEquipment 2023-09-30 02506886 frs-core:NetGoodwill 2024-09-30 02506886 frs-core:NetGoodwill 2023-10-01 2024-09-30 02506886 frs-core:NetGoodwill 2023-09-30 02506886 frs-core:PlantMachinery 2024-09-30 02506886 frs-core:PlantMachinery 2023-10-01 2024-09-30 02506886 frs-core:PlantMachinery 2023-09-30 02506886 frs-core:ShareCapital 2024-09-30 02506886 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 02506886 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 02506886 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 02506886 frs-bus:SmallEntities 2023-10-01 2024-09-30 02506886 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 02506886 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 02506886 frs-bus:Director1 2023-10-01 2024-09-30 02506886 frs-bus:Director2 2023-10-01 2024-09-30 02506886 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 02506886 frs-countries:EnglandWales 2023-10-01 2024-09-30 02506886 2022-09-30 02506886 2023-09-30 02506886 2022-10-01 2023-09-30 02506886 frs-core:CurrentFinancialInstruments 2023-09-30 02506886 frs-core:ShareCapital 2023-09-30 02506886 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 02506886
D.A. Wadsworth Limited
Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02506886
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,000 3,750
Tangible Assets 5 552 737
3,552 4,487
CURRENT ASSETS
Debtors 6 3,294 5,930
Cash at bank and in hand 31,262 66,241
34,556 72,171
Creditors: Amounts Falling Due Within One Year 7 (19,149 ) (49,542 )
NET CURRENT ASSETS (LIABILITIES) 15,407 22,629
TOTAL ASSETS LESS CURRENT LIABILITIES 18,959 27,116
NET ASSETS 18,959 27,116
CAPITAL AND RESERVES
Called up share capital 8 255 255
Profit and Loss Account 18,704 26,861
SHAREHOLDERS' FUNDS 18,959 27,116
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Page 2
For the year ending 30 September 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 D A Wadsworth
Director
Mrs N E Starmer
Director
9 April 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
D.A. Wadsworth Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02506886 . The registered office is The Hermitage, Hermitage Road, East Grinstead, West Sussex, RH19 2BX.
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.
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. 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 of .... 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:
Plant & Machinery 25% Reducing Balance
Computer Equipment 25% Reducing Balance
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.
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: 2 (2023: 2)
2 2
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4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2023 15,000
As at 30 September 2024 15,000
Amortisation
As at 1 October 2023 11,250
Provided during the period 750
As at 30 September 2024 12,000
Net Book Value
As at 30 September 2024 3,000
As at 1 October 2023 3,750
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 1,286 4,110 5,396
As at 30 September 2024 1,286 4,110 5,396
Depreciation
As at 1 October 2023 879 3,780 4,659
Provided during the period 102 83 185
As at 30 September 2024 981 3,863 4,844
Net Book Value
As at 30 September 2024 305 247 552
As at 1 October 2023 407 330 737
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,778 5,346
Other debtors 516 584
3,294 5,930
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 7,092 28,320
Taxation and social security 12,057 21,222
19,149 49,542
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 255 255
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