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 03599269 Mr Robert Wilding Mr Leigh Taylor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03599269 2023-07-31 03599269 2024-07-31 03599269 2023-08-01 2024-07-31 03599269 frs-core:CurrentFinancialInstruments 2024-07-31 03599269 frs-core:Non-currentFinancialInstruments 2024-07-31 03599269 frs-core:FurnitureFittings 2024-07-31 03599269 frs-core:FurnitureFittings 2023-08-01 2024-07-31 03599269 frs-core:FurnitureFittings 2023-07-31 03599269 frs-core:MotorVehicles 2024-07-31 03599269 frs-core:MotorVehicles 2023-08-01 2024-07-31 03599269 frs-core:MotorVehicles 2023-07-31 03599269 frs-core:PlantMachinery 2024-07-31 03599269 frs-core:PlantMachinery 2023-08-01 2024-07-31 03599269 frs-core:PlantMachinery 2023-07-31 03599269 frs-core:ShareCapital 2024-07-31 03599269 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 03599269 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 03599269 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 03599269 frs-bus:SmallEntities 2023-08-01 2024-07-31 03599269 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 03599269 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 03599269 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 03599269 frs-bus:OrdinaryShareClass1 2024-07-31 03599269 frs-bus:OrdinaryShareClass3 2023-08-01 2024-07-31 03599269 frs-bus:OrdinaryShareClass3 2024-07-31 03599269 frs-bus:Director1 2023-08-01 2024-07-31 03599269 frs-bus:Director2 2023-08-01 2024-07-31 03599269 frs-countries:EnglandWales 2023-08-01 2024-07-31 03599269 2022-07-31 03599269 2023-07-31 03599269 2022-08-01 2023-07-31 03599269 frs-core:CurrentFinancialInstruments 2023-07-31 03599269 frs-core:Non-currentFinancialInstruments 2023-07-31 03599269 frs-core:ShareCapital 2023-07-31 03599269 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 03599269 frs-bus:OrdinaryShareClass1 2022-08-01 2023-07-31 03599269 frs-bus:OrdinaryShareClass3 2022-08-01 2023-07-31
Registered number: 03599269
Bob Wildings Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03599269
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,008 12,138
10,008 12,138
CURRENT ASSETS
Stocks 178,070 175,069
Debtors 5 11,981 7,812
Cash at bank and in hand 56,658 100,207
246,709 283,088
Creditors: Amounts Falling Due Within One Year 6 (101,193 ) (78,332 )
NET CURRENT ASSETS (LIABILITIES) 145,516 204,756
TOTAL ASSETS LESS CURRENT LIABILITIES 155,524 216,894
Creditors: Amounts Falling Due After More Than One Year 7 (24,396 ) (39,073 )
NET ASSETS 131,128 177,821
CAPITAL AND RESERVES
Called up share capital 9 206 206
Profit and Loss Account 130,922 177,615
SHAREHOLDERS' FUNDS 131,128 177,821
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 Robert Wilding
Director
23 April 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
Bob Wildings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03599269 . The registered office is Main Road, Langrick, Boston, PE22 7AJ.
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. 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% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 20% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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 year 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.
2.6. 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 as follows: 9 (2023: 10)
9 10
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 August 2023 51,639 41,775 17,042 110,456
As at 31 July 2024 51,639 41,775 17,042 110,456
Depreciation
As at 1 August 2023 43,313 39,416 15,589 98,318
Provided during the period 1,249 590 291 2,130
As at 31 July 2024 44,562 40,006 15,880 100,448
Net Book Value
As at 31 July 2024 7,077 1,769 1,162 10,008
As at 1 August 2023 8,326 2,359 1,453 12,138
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,683 7,812
Corporation tax recoverable assets 5,298 -
11,981 7,812
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 11,293 6,404
Bank loans and overdrafts 16,914 16,115
Corporation tax 6,210 9,210
Other taxes and social security 4,985 5,328
VAT 37,307 38,426
Other creditors 11,444 1,946
Accruals and deferred income 900 900
Directors' loan accounts 12,140 3
101,193 78,332
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 24,396 39,073
8. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured against assets of the company.
2024 2023
£ £
Bank loans and overdrafts 20,625 24,533
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
200 Ordinary Shares of £ 1.000 each 200 200
6 Ordinary B shares of £ 1.000 each 6 6
206 206
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Robert Wilding - 58,300
Mr Leigh Taylor 11,050 17,010
Page 5