Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 05406505 Mr Malcolm Roberts Ms Kim Reynolds iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05406505 2024-03-31 05406505 2025-03-31 05406505 2024-04-01 2025-03-31 05406505 frs-core:CurrentFinancialInstruments 2025-03-31 05406505 frs-core:ComputerEquipment 2025-03-31 05406505 frs-core:ComputerEquipment 2024-04-01 2025-03-31 05406505 frs-core:ComputerEquipment 2024-03-31 05406505 frs-core:FurnitureFittings 2025-03-31 05406505 frs-core:FurnitureFittings 2024-04-01 2025-03-31 05406505 frs-core:FurnitureFittings 2024-03-31 05406505 frs-core:ShareCapital 2025-03-31 05406505 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05406505 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05406505 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 05406505 frs-bus:SmallEntities 2024-04-01 2025-03-31 05406505 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05406505 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05406505 frs-bus:Director1 2024-04-01 2025-03-31 05406505 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 05406505 frs-countries:EnglandWales 2024-04-01 2025-03-31 05406505 2023-03-31 05406505 2024-03-31 05406505 2023-04-01 2024-03-31 05406505 frs-core:CurrentFinancialInstruments 2024-03-31 05406505 frs-core:ShareCapital 2024-03-31 05406505 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 05406505
Woodlands Library Service Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05406505
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 163 191
163 191
CURRENT ASSETS
Debtors 5 5,046 5,319
Cash at bank and in hand 7,649 8,705
12,695 14,024
Creditors: Amounts Falling Due Within One Year 6 (5,886 ) (3,763 )
NET CURRENT ASSETS (LIABILITIES) 6,809 10,261
TOTAL ASSETS LESS CURRENT LIABILITIES 6,972 10,452
PROVISIONS FOR LIABILITIES
Deferred Taxation (31 ) (36 )
NET ASSETS 6,941 10,416
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 6,940 10,415
SHAREHOLDERS' FUNDS 6,941 10,416
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For the year ending 31 March 2025 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 Malcolm Roberts
Director
12/05/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Woodlands Library Service Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05406505 . The registered office is The Old Barn Wood Street, Swanley, BR8 7PA.
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:
Fixtures & Fittings 15% Reducing rate
Computer Equipment 15% Reducing rate
2.4. 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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: NIL (2024: NIL)
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,500 858 2,358
As at 31 March 2025 1,500 858 2,358
Depreciation
As at 1 April 2024 1,431 736 2,167
Provided during the period 10 18 28
As at 31 March 2025 1,441 754 2,195
Net Book Value
As at 31 March 2025 59 104 163
As at 1 April 2024 69 122 191
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 5,046 5,319
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2,530 2,156
Corporation tax 1,523 (249 )
VAT 1,393 1,063
Director's loan account 440 793
5,886 3,763
Included in creditors is an amount of £464 (£815 in 2022), owed to the company director Mr M Roberts. This loan is interest free and no repayment terms have been agreed.
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
8. Related Party Transactions
Included in other creditors is an amount of £190 (£793 in 2024), owed to the company director Mr M Roberts. This loan is interest free and no repayment terms have been agreed.
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