Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07145445 Mr L A Turner Mrs M Turner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07145445 2023-12-31 07145445 2024-12-31 07145445 2024-01-01 2024-12-31 07145445 frs-core:CurrentFinancialInstruments 2024-12-31 07145445 frs-core:Non-currentFinancialInstruments 2024-12-31 07145445 frs-core:ComputerEquipment 2024-12-31 07145445 frs-core:ComputerEquipment 2024-01-01 2024-12-31 07145445 frs-core:ComputerEquipment 2023-12-31 07145445 frs-core:FurnitureFittings 2024-12-31 07145445 frs-core:FurnitureFittings 2024-01-01 2024-12-31 07145445 frs-core:FurnitureFittings 2023-12-31 07145445 frs-core:NetGoodwill 2024-12-31 07145445 frs-core:NetGoodwill 2024-01-01 2024-12-31 07145445 frs-core:NetGoodwill 2023-12-31 07145445 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 07145445 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07145445 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 07145445 frs-core:ShareCapital 2024-12-31 07145445 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07145445 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07145445 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07145445 frs-bus:SmallEntities 2024-01-01 2024-12-31 07145445 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07145445 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07145445 frs-bus:Director1 2024-01-01 2024-12-31 07145445 frs-bus:Director2 2024-01-01 2024-12-31 07145445 frs-countries:EnglandWales 2024-01-01 2024-12-31 07145445 2022-12-31 07145445 2023-12-31 07145445 2023-01-01 2023-12-31 07145445 frs-core:CurrentFinancialInstruments 2023-12-31 07145445 frs-core:Non-currentFinancialInstruments 2023-12-31 07145445 frs-core:ShareCapital 2023-12-31 07145445 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07145445
Woodthorpe Day Nursery Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07145445
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,000 7,000
Tangible Assets 5 350,364 372,858
353,364 379,858
CURRENT ASSETS
Stocks 6 2,400 2,050
Debtors 7 171,387 113,747
Cash at bank and in hand 97,736 7,383
271,523 123,180
Creditors: Amounts Falling Due Within One Year 8 (86,485 ) (53,865 )
NET CURRENT ASSETS (LIABILITIES) 185,038 69,315
TOTAL ASSETS LESS CURRENT LIABILITIES 538,402 449,173
Creditors: Amounts Falling Due After More Than One Year 9 (9,248 ) (19,249 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,923 ) (3,449 )
NET ASSETS 526,231 426,475
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 526,131 426,375
SHAREHOLDERS' FUNDS 526,231 426,475
Page 1
Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 L A Turner
Director
27 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
Woodthorpe Day Nursery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07145445 . The registered office is 22 Eldon Business Park, Eldon Road, Attenborough, Beeston, Nottingham, NG9 6DZ.
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.
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.
2.3. 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 .... years.
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:
Freehold over 15 years on improvements
Fixtures & Fittings 15% reducing balance
Computer Equipment 30% reducing balance
2.5. 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.
2.6. 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. 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 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 35 (2023: 33)
35 33
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Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 60,000
As at 31 December 2024 60,000
Amortisation
As at 1 January 2024 53,000
Provided during the period 4,000
As at 31 December 2024 57,000
Net Book Value
As at 31 December 2024 3,000
As at 1 January 2024 7,000
5. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 554,062 52,554 1,565 608,181
As at 31 December 2024 554,062 52,554 1,565 608,181
Depreciation
As at 1 January 2024 198,815 35,928 580 235,323
Provided during the period 19,703 2,496 295 22,494
As at 31 December 2024 218,518 38,424 875 257,817
Net Book Value
As at 31 December 2024 335,544 14,130 690 350,364
As at 1 January 2024 355,247 16,626 985 372,858
6. Stocks
2024 2023
£ £
Stock 2,400 2,050
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 51,842 31,181
Other debtors 119,545 82,566
171,387 113,747
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Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Bank loans and overdrafts 10,648 10,648
Other creditors 9,749 8,174
Taxation and social security 66,088 35,044
86,485 53,865
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,248 19,249
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Related Party Transactions
During the year, one director received interest free advances of £46,846 and made repayments of £24,750, owing £40,826 (2023 - £18,730) at 31 December 2024.
A second director received interest free advances of £36,845 and made repayments of £24,750, owing £50,866 (2023 - £38,770) at 31 December 2024.
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