Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09676245 Mr Lawrence Harmer Mrs Nadine Harmer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09676245 2023-07-31 09676245 2024-07-31 09676245 2023-08-01 2024-07-31 09676245 frs-core:CurrentFinancialInstruments 2024-07-31 09676245 frs-core:Non-currentFinancialInstruments 2024-07-31 09676245 frs-core:BetweenOneFiveYears 2024-07-31 09676245 frs-core:ComputerEquipment 2024-07-31 09676245 frs-core:ComputerEquipment 2023-08-01 2024-07-31 09676245 frs-core:ComputerEquipment 2023-07-31 09676245 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-01 2024-07-31 09676245 frs-core:FurnitureFittings 2024-07-31 09676245 frs-core:FurnitureFittings 2023-08-01 2024-07-31 09676245 frs-core:FurnitureFittings 2023-07-31 09676245 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 09676245 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09676245 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 09676245 frs-core:MotorVehicles 2024-07-31 09676245 frs-core:MotorVehicles 2023-08-01 2024-07-31 09676245 frs-core:MotorVehicles 2023-07-31 09676245 frs-core:OtherResidualIntangibleAssets 2024-07-31 09676245 frs-core:OtherResidualIntangibleAssets 2023-08-01 2024-07-31 09676245 frs-core:OtherResidualIntangibleAssets 2023-07-31 09676245 frs-core:PlantMachinery 2024-07-31 09676245 frs-core:PlantMachinery 2023-08-01 2024-07-31 09676245 frs-core:PlantMachinery 2023-07-31 09676245 frs-core:WithinOneYear 2024-07-31 09676245 frs-core:ShareCapital 2024-07-31 09676245 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09676245 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09676245 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 09676245 frs-bus:SmallEntities 2023-08-01 2024-07-31 09676245 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09676245 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09676245 frs-bus:Director1 2023-08-01 2024-07-31 09676245 frs-bus:Director1 2023-07-31 09676245 frs-bus:Director1 2024-07-31 09676245 frs-bus:Director2 2023-08-01 2024-07-31 09676245 frs-countries:EnglandWales 2023-08-01 2024-07-31 09676245 2022-07-31 09676245 2023-07-31 09676245 2022-08-01 2023-07-31 09676245 frs-core:CurrentFinancialInstruments 2023-07-31 09676245 frs-core:Non-currentFinancialInstruments 2023-07-31 09676245 frs-core:BetweenOneFiveYears 2023-07-31 09676245 frs-core:WithinOneYear 2023-07-31 09676245 frs-core:ShareCapital 2023-07-31 09676245 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 09676245
Solve Web Media Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Whyfield Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09676245
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 279 -
Tangible Assets 5 120,797 109,139
121,076 109,139
CURRENT ASSETS
Debtors 6 111,947 41,071
Cash at bank and in hand 532,101 324,370
644,048 365,441
Creditors: Amounts Falling Due Within One Year 7 (179,193 ) (117,390 )
NET CURRENT ASSETS (LIABILITIES) 464,855 248,051
TOTAL ASSETS LESS CURRENT LIABILITIES 585,931 357,190
Creditors: Amounts Falling Due After More Than One Year 8 (766 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (23,656 ) -
NET ASSETS 561,509 357,190
CAPITAL AND RESERVES
Called up share capital 10 6 6
Profit and Loss Account 561,503 357,184
SHAREHOLDERS' FUNDS 561,509 357,190
Page 1
Page 2
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 Lawrence Harmer
Director
22/04/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Solve Web Media Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09676245 . The registered office is 20 Sunderland Avenue, St. Eval, Wadebridge, PL27 7TZ.
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 - Other Intangible
Other intangible assets are made up of private number plates and not amortised.
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:
Freehold N/A
Plant & Machinery 3/5 Yrs SL
Motor Vehicles 5 Yrs SL
Fixtures & Fittings 3/5 Yrs SL
Computer Equipment 3 Yrs SL
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. 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.
...CONTINUED
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2.6. Taxation - continued
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 12 (2023: 11)
12 11
4. Intangible Assets
Other
£
Cost
As at 1 August 2023 -
Additions 279
As at 31 July 2024 279
Net Book Value
As at 31 July 2024 279
As at 1 August 2023 -
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 August 2023 93,649 8,381 15,275 18,098
Additions - 5,021 - 3,719
Disposals - (1,353 ) (279 ) (180 )
As at 31 July 2024 93,649 12,049 14,996 21,637
Depreciation
As at 1 August 2023 - 6,133 12,220 18,937
Provided during the period - 1,754 2,999 (402 )
Disposals - (1,321 ) (223 ) (180 )
As at 31 July 2024 - 6,566 14,996 18,355
Net Book Value
As at 31 July 2024 93,649 5,483 - 3,282
As at 1 August 2023 93,649 2,248 3,055 (839 )
Page 4
Page 5
Computer Equipment Total
£ £
Cost
As at 1 August 2023 29,753 165,156
Additions 12,295 21,035
Disposals - (1,812 )
As at 31 July 2024 42,048 184,379
Depreciation
As at 1 August 2023 18,727 56,017
Provided during the period 4,938 9,289
Disposals - (1,724 )
As at 31 July 2024 23,665 63,582
Net Book Value
As at 31 July 2024 18,383 120,797
As at 1 August 2023 11,026 109,139
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 59,472 39,729
Other debtors 52,475 1,342
111,947 41,071
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 460 -
Trade creditors 9,050 3
Other creditors 2,352 45,500
Taxation and social security 167,331 71,887
179,193 117,390
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 766 -
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Page 6
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 460 -
Later than one year and not later than five years 766 -
1,226 -
1,226 -
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 6 6
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Lawrence Harmer - 159,753 84,992 - 74,761
The above loan is unsecured, interest free and repayable on demand.
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