Acorah Software Products - Accounts Production 16.3.350 false true false 23 January 2023 31 January 2024 31 January 2024 14612396 Miss L G Prescott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14612396 2023-01-22 14612396 2024-01-31 14612396 2023-01-23 2024-01-31 14612396 frs-core:CurrentFinancialInstruments 2024-01-31 14612396 frs-core:ComputerEquipment 2024-01-31 14612396 frs-core:ComputerEquipment 2023-01-23 2024-01-31 14612396 frs-core:ComputerEquipment 2023-01-22 14612396 frs-core:ShareCapital 2024-01-31 14612396 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 14612396 frs-bus:PrivateLimitedCompanyLtd 2023-01-23 2024-01-31 14612396 frs-bus:FilletedAccounts 2023-01-23 2024-01-31 14612396 frs-bus:SmallEntities 2023-01-23 2024-01-31 14612396 frs-bus:AuditExempt-NoAccountantsReport 2023-01-23 2024-01-31 14612396 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-23 2024-01-31 14612396 frs-bus:OrdinaryShareClass1 2023-01-23 2024-01-31 14612396 frs-bus:OrdinaryShareClass1 2024-01-31 14612396 frs-bus:Director1 2023-01-23 2024-01-31 14612396 frs-countries:EnglandWales 2023-01-23 2024-01-31
Registered number: 14612396
Wellington Prescott Limited
Unaudited Financial Statements
For the Period 23 January 2023 to 31 January 2024
Deans
Gibson House Hurricane Court
Hurricane Close
Stafford
ST16 1GZ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14612396
31 January 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,745
1,745
CURRENT ASSETS
Debtors 5 30,607
Cash at bank and in hand 53,583
84,190
Creditors: Amounts Falling Due Within One Year 6 (34,559 )
NET CURRENT ASSETS (LIABILITIES) 49,631
TOTAL ASSETS LESS CURRENT LIABILITIES 51,376
NET ASSETS 51,376
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account 51,375
SHAREHOLDERS' FUNDS 51,376
For the period ending 31 January 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 her 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
Miss L G Prescott
Director
13 May 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
Wellington Prescott Limited is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1a "Small Entities" and the Companies Act 2006.  The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.  The policies adopted for the recognition of turnover are as follows:
Rendering of services
When the outcome of a transaction can be estimated reliably, turnover from content creation is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the date the service is provided.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer Equipment - Straight line over three years
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
2.4. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.  
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
2.5. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 23 January 2023 -
Additions 2,618
As at 31 January 2024 2,618
Depreciation
As at 23 January 2023 -
Provided during the period 873
As at 31 January 2024 873
Net Book Value
As at 31 January 2024 1,745
As at 23 January 2023 -
5. Debtors
31 January 2024
£
Due within one year
Trade debtors 8,240
Prepayments and accrued income 22,367
30,607
6. Creditors: Amounts Falling Due Within One Year
31 January 2024
£
Trade creditors 480
Corporation tax 20,238
VAT 1,293
Accruals and deferred income 5,560
Director's loan account 6,988
34,559
7. Share Capital
31 January 2024
Allotted, called up and fully paid £
1 Ordinary Shares of £ 1.00 each 1
Page 3