Acorah Software Products - Accounts Production 16.2.850 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 07609642 Ms Kim Townend iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07609642 2023-08-31 07609642 2024-08-31 07609642 2023-09-01 2024-08-31 07609642 frs-core:CurrentFinancialInstruments 2024-08-31 07609642 frs-core:Non-currentFinancialInstruments 2024-08-31 07609642 frs-core:BetweenOneFiveYears 2024-08-31 07609642 frs-core:ComputerEquipment 2024-08-31 07609642 frs-core:ComputerEquipment 2023-09-01 2024-08-31 07609642 frs-core:ComputerEquipment 2023-08-31 07609642 frs-core:PlantMachinery 2024-08-31 07609642 frs-core:PlantMachinery 2023-09-01 2024-08-31 07609642 frs-core:PlantMachinery 2023-08-31 07609642 frs-core:WithinOneYear 2024-08-31 07609642 frs-core:ShareCapital 2024-08-31 07609642 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 07609642 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07609642 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 07609642 frs-bus:SmallEntities 2023-09-01 2024-08-31 07609642 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 07609642 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07609642 frs-bus:Director1 2023-09-01 2024-08-31 07609642 1 2023-09-01 2024-08-31 07609642 frs-countries:EnglandWales 2023-09-01 2024-08-31 07609642 2022-08-31 07609642 2023-08-31 07609642 2022-09-01 2023-08-31 07609642 frs-core:CurrentFinancialInstruments 2023-08-31 07609642 frs-core:Non-currentFinancialInstruments 2023-08-31 07609642 frs-core:BetweenOneFiveYears 2023-08-31 07609642 frs-core:WithinOneYear 2023-08-31 07609642 frs-core:ShareCapital 2023-08-31 07609642 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 07609642 1 2022-09-01 2023-08-31
Registered number: 07609642
Work With Great Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07609642
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,804 2,458
4,804 2,458
CURRENT ASSETS
Debtors 5 79,295 57,760
Cash at bank and in hand 6,080 3,934
85,375 61,694
Creditors: Amounts Falling Due Within One Year 6 (59,107 ) (44,044 )
NET CURRENT ASSETS (LIABILITIES) 26,268 17,650
TOTAL ASSETS LESS CURRENT LIABILITIES 31,072 20,108
Creditors: Amounts Falling Due After More Than One Year 7 (38,196 ) (43,692 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,000 ) (1,000 )
NET LIABILITIES (8,124 ) (24,584 )
CAPITAL AND RESERVES
Called up share capital 2 2
Profit and Loss Account (8,126 ) (24,586 )
SHAREHOLDERS' FUNDS (8,124) (24,584)
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
Ms Kim Townend
Director
29 May 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
Work With Great Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 07609642 . The registered office is 71-75 Shelton Street, London, United Kingdom, WC2H 9JQ.
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
The directors believe the company to be a going concern and will continue to give their support to the company over the next 12 months.
2.3. Turnover
Turnover is measured at the fair value of the consideration received, net of discounts and value added taxes. Turnover is recognised at the point of invoice.
2.4. 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 and machinery 15 % reducing balance
Office equipment 33 % straight line
2.5. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
2.6. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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.
...CONTINUED
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2.7. Taxation - continued
Deferred tax
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Deferred tax is only adjusted if the change in the timing difference is material.
2.8. 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
2024 2023
Average number of employees, including directors, during the year 2 2
2 2
4. Tangible Assets
Plant and machinery Office equipment Total
£ £ £
Cost
As at 1 September 2023 1,122 22,597 23,719
Additions - 4,358 4,358
As at 31 August 2024 1,122 26,955 28,077
Depreciation
As at 1 September 2023 836 20,425 21,261
Provided during the period 43 1,969 2,012
As at 31 August 2024 879 22,394 23,273
Net Book Value
As at 31 August 2024 243 4,561 4,804
As at 1 September 2023 286 2,172 2,458
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 209 7,200
Other debtors 79,086 50,560
79,295 57,760
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 2,618 -
Trade creditors 919 -
Bank loans and overdrafts 18,026 15,906
Other creditors 6,101 3,691
Taxation and social security 31,443 24,447
59,107 44,044
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 2,015 -
Bank loans 36,181 43,692
38,196 43,692
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,618 -
Later than one year and not later than five years 2,015 -
4,633 -
4,633 -
9. Directors Advances, Credits and Guarantees
Included within Debtors are loans to director. The balance at the year end was £69,844 (2023 : £50,560).
Interest was charged on the loan at a rate of 2.25% and loan is repayable on demand.
10. Dividend
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Page 6
The dividend was paid unknowingly and the Director undertakes to make no further distribution until such time as there are reserves available for the purpose.
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