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 07328927 Mr Simon Woods iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07328927 2023-07-31 07328927 2024-07-31 07328927 2023-08-01 2024-07-31 07328927 frs-core:CurrentFinancialInstruments 2024-07-31 07328927 frs-core:Non-currentFinancialInstruments 2024-07-31 07328927 frs-core:ComputerEquipment 2023-08-01 2024-07-31 07328927 frs-core:MotorVehicles 2024-07-31 07328927 frs-core:MotorVehicles 2023-08-01 2024-07-31 07328927 frs-core:MotorVehicles 2023-07-31 07328927 frs-core:ShareCapital 2024-07-31 07328927 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07328927 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07328927 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07328927 frs-bus:SmallEntities 2023-08-01 2024-07-31 07328927 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07328927 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07328927 frs-bus:Director1 2023-08-01 2024-07-31 07328927 frs-countries:EnglandWales 2023-08-01 2024-07-31 07328927 2022-07-31 07328927 2023-07-31 07328927 2022-08-01 2023-07-31 07328927 frs-core:CurrentFinancialInstruments 2023-07-31 07328927 frs-core:Non-currentFinancialInstruments 2023-07-31 07328927 frs-core:ShareCapital 2023-07-31 07328927 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07328927
SWPH Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Bailey Accountancy & Book Keeping Services
18 New Horizon Bus. Centre
Barrows Road
Harlow
Essex
CM19 5FN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07328927
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 13,000 18,750
Debtors 6 6,493 (461 )
19,493 18,289
Creditors: Amounts Falling Due Within One Year 7 (58,970 ) (54,160 )
NET CURRENT ASSETS (LIABILITIES) (39,477 ) (35,871 )
TOTAL ASSETS LESS CURRENT LIABILITIES (39,477 ) (35,871 )
Creditors: Amounts Falling Due After More Than One Year 8 (8,067 ) (12,467 )
NET LIABILITIES (47,544 ) (48,338 )
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account (47,554 ) (48,348 )
SHAREHOLDERS' FUNDS (47,544) (48,338)
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Simon Woods
Director
26th April 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
SWPH Ltd Registered number 07328927 is a limited by shares company incorporated in England & Wales. The Registered Office is 18 New Horizon Business Centre, Barrows Road, Harlow, Essex, CM19 5FN.
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 Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Motor Vehicles 25%
Computer Equipment 33.33%
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. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 August 2023 33,289
As at 31 July 2024 33,289
Depreciation
As at 1 August 2023 33,289
As at 31 July 2024 33,289
Net Book Value
As at 31 July 2024 -
As at 1 August 2023 -
5. Stocks
2024 2023
£ £
Materials 13,000 18,750
Page 2
Page 3
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,493 (461 )
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 17,043 16,620
Bank loans and overdrafts 2,897 4,387
Other taxes and social security 738 195
VAT 9,843 9,321
Director's loan account 28,449 23,637
58,970 54,160
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,067 12,467
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 3