Acorah Software Products - Accounts Production 16.3.350 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12135326 Mrs Cher Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12135326 2023-08-31 12135326 2024-08-31 12135326 2023-09-01 2024-08-31 12135326 frs-core:CurrentFinancialInstruments 2024-08-31 12135326 frs-core:Non-currentFinancialInstruments 2024-08-31 12135326 frs-core:FurnitureFittings 2023-09-01 2024-08-31 12135326 frs-core:NetGoodwill 2024-08-31 12135326 frs-core:NetGoodwill 2023-09-01 2024-08-31 12135326 frs-core:NetGoodwill 2023-08-31 12135326 frs-core:PlantMachinery 2024-08-31 12135326 frs-core:PlantMachinery 2023-09-01 2024-08-31 12135326 frs-core:PlantMachinery 2023-08-31 12135326 frs-core:ShareCapital 2024-08-31 12135326 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12135326 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12135326 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12135326 frs-bus:SmallEntities 2023-09-01 2024-08-31 12135326 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12135326 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12135326 frs-bus:Director1 2023-09-01 2024-08-31 12135326 frs-countries:EnglandWales 2023-09-01 2024-08-31 12135326 2022-08-31 12135326 2023-08-31 12135326 2022-09-01 2023-08-31 12135326 frs-core:CurrentFinancialInstruments 2023-08-31 12135326 frs-core:Non-currentFinancialInstruments 2023-08-31 12135326 frs-core:ShareCapital 2023-08-31 12135326 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12135326
Wolstanton Tanning & Beauty Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12135326
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 5,200
Tangible Assets 5 23,927 12,523
23,927 17,723
CURRENT ASSETS
Stocks 1,524 1,250
Debtors 6 3,496 3,697
Cash at bank and in hand 8,917 4,125
13,937 9,072
Creditors: Amounts Falling Due Within One Year 7 (95,661 ) (80,760 )
NET CURRENT ASSETS (LIABILITIES) (81,724 ) (71,688 )
TOTAL ASSETS LESS CURRENT LIABILITIES (57,797 ) (53,965 )
Creditors: Amounts Falling Due After More Than One Year 8 (3,256 ) (6,563 )
NET LIABILITIES (61,053 ) (60,528 )
CAPITAL AND RESERVES
Called up share capital 9 30 30
Profit and Loss Account (61,083 ) (60,558 )
SHAREHOLDERS' FUNDS (61,053) (60,528)
Page 1
Page 2
For the year ending 31 August 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
Mrs Cher Jones
Director
04/12/2024
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
Wolstanton Tanning & Beauty Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12135326 . The registered office is 3 Morris Square, Newcastle-Under-Lyme, Staffordshire, ST5 0EN.
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. Going Concern Disclosure
Despite the Balance Sheet disclosing net liabilities of £77041 as at 31st August 2024, the director considers it appropriate that the financial statements are prepared on a going concern basis. Within creditors is an amount of £106863 owed to the director Mrs Jones, on directors loan account. The company continues to pay it's debts as and when they fall due and continues to receive the support of it's director by way of her not withdrawing monies owed to her until funds allow. 
2.3. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.5. 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 20% reducing balance
Fixtures & Fittings 20% reducing balance
2.6. 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 8)
7 8
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 26,000
As at 31 August 2024 26,000
Amortisation
As at 1 September 2023 20,800
Provided during the period 5,200
As at 31 August 2024 26,000
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 5,200
5. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 September 2023 22,922
Additions 14,640
As at 31 August 2024 37,562
Depreciation
As at 1 September 2023 10,399
Provided during the period 3,236
As at 31 August 2024 13,635
Net Book Value
As at 31 August 2024 23,927
As at 1 September 2023 12,523
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 3,496 3,697
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 3,750 3,750
Other creditors 91,857 77,010
Taxation and social security 54 -
95,661 80,760
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,256 6,563
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 30 30
Page 5