Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 06487343 Miss J D Bracknell Mr F J MacAndrew iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06487343 2024-01-31 06487343 2025-01-31 06487343 2024-02-01 2025-01-31 06487343 frs-core:CurrentFinancialInstruments 2025-01-31 06487343 frs-core:BetweenOneFiveYears 2025-01-31 06487343 frs-core:ComputerEquipment 2025-01-31 06487343 frs-core:ComputerEquipment 2024-02-01 2025-01-31 06487343 frs-core:ComputerEquipment 2024-01-31 06487343 frs-core:FurnitureFittings 2025-01-31 06487343 frs-core:FurnitureFittings 2024-02-01 2025-01-31 06487343 frs-core:FurnitureFittings 2024-01-31 06487343 frs-core:NetGoodwill 2025-01-31 06487343 frs-core:NetGoodwill 2024-02-01 2025-01-31 06487343 frs-core:NetGoodwill 2024-01-31 06487343 frs-core:MotorVehicles 2025-01-31 06487343 frs-core:MotorVehicles 2024-02-01 2025-01-31 06487343 frs-core:MotorVehicles 2024-01-31 06487343 frs-core:PlantMachinery 2025-01-31 06487343 frs-core:PlantMachinery 2024-02-01 2025-01-31 06487343 frs-core:PlantMachinery 2024-01-31 06487343 frs-core:WithinOneYear 2025-01-31 06487343 frs-core:ShareCapital 2025-01-31 06487343 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 06487343 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 06487343 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 06487343 frs-bus:SmallEntities 2024-02-01 2025-01-31 06487343 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 06487343 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 06487343 frs-core:DeferredTaxation 2024-02-01 2025-01-31 06487343 frs-core:DeferredTaxation 2024-01-31 06487343 frs-core:DeferredTaxation 2025-01-31 06487343 frs-bus:Director1 2024-02-01 2025-01-31 06487343 frs-bus:Director1 2024-01-31 06487343 frs-bus:Director1 2025-01-31 06487343 frs-bus:Director2 2024-02-01 2025-01-31 06487343 frs-bus:Director2 2024-01-31 06487343 frs-bus:Director2 2025-01-31 06487343 frs-core:CurrentFinancialInstruments 1 2025-01-31 06487343 frs-core:CurrentFinancialInstruments 2 2025-01-31 06487343 frs-countries:EnglandWales 2024-02-01 2025-01-31 06487343 2023-01-31 06487343 2024-01-31 06487343 2023-02-01 2024-01-31 06487343 frs-core:CurrentFinancialInstruments 2024-01-31 06487343 frs-core:BetweenOneFiveYears 2024-01-31 06487343 frs-core:WithinOneYear 2024-01-31 06487343 frs-core:ShareCapital 2024-01-31 06487343 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 06487343 frs-core:CurrentFinancialInstruments 1 2024-01-31 06487343 frs-core:CurrentFinancialInstruments 2 2024-01-31 06487343 frs-core:CurrentFinancialInstruments 3 2024-01-31
Registered number: 06487343
We Make Stuff Happen Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Balance Sheet
Registered number: 06487343
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 35,865 43,242
35,865 43,242
CURRENT ASSETS
Debtors 6 30,859 125,694
Cash at bank and in hand 119,396 135,262
150,255 260,956
Creditors: Amounts Falling Due Within One Year 7 (252,470 ) (196,206 )
NET CURRENT ASSETS (LIABILITIES) (102,215 ) 64,750
TOTAL ASSETS LESS CURRENT LIABILITIES (66,350 ) 107,992
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,385 ) (7,378 )
NET (LIABILITIES)/ASSETS (74,735 ) 100,614
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (74,737 ) 100,612
SHAREHOLDERS' FUNDS (74,735) 100,614
For the year ending 31 January 2025 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
Miss J D Bracknell
Director
Mr F J MacAndrew
Director
16 May 2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
We Make Stuff Happen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06487343 . The registered office is 9-11 Stratford Road, Shirley, Solihull, B90 3LU.
The presentation currency is pound sterling (£).
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.
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 5 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:
Plant & Machinery 20% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 10% on cost
Computer Equipment 20% on cost
2.5. 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 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 assets reflect 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.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2024 10,000
As at 31 January 2025 10,000
Amortisation
As at 1 February 2024 10,000
As at 31 January 2025 10,000
Net Book Value
As at 31 January 2025 -
As at 1 February 2024 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2024 33,007 14,725 21,117 45,867 114,716
As at 31 January 2025 33,007 14,725 21,117 45,867 114,716
Depreciation
As at 1 February 2024 19,274 13,206 4,177 34,817 71,474
Provided during the period 2,746 380 2,112 2,139 7,377
As at 31 January 2025 22,020 13,586 6,289 36,956 78,851
Net Book Value
As at 31 January 2025 10,987 1,139 14,828 8,911 35,865
As at 1 February 2024 13,733 1,519 16,940 11,050 43,242
Page 3
Page 4
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 24,668 33,424
Prepayments and accrued income 2,281 -
Other debtors - 12,753
Employee loans 3,910 -
Corporation tax recoverable assets - 5,501
Directors' loan accounts - 74,016
30,859 125,694
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 40,916 144,410
Other taxes and social security 5,951 677
VAT 46,611 46,280
Pension 1,448 2,370
Credit card 9,447 234
Other creditor's - 55
Accruals and deferred income 141,653 2,180
Directors' loan accounts 6,444 -
252,470 196,206
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 February 2024 7,378 7,378
Deferred taxation 1,007 1,007
Balance at 31 January 2025 8,385 8,385
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4
Page 5
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 36,000 36,000
Later than one year and not later than five years 72,000 72,000
108,000 108,000
The company releocated into offices owned by the directors at 1-3 Farman Street, Hove in the year ended 31 January 2023 the rental amount is £36,000 per annum.
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Miss Jay Bracknell 38,095 - 38,095 - -
Mr Fraser MacAndrew 35,921 - 35,921 - -
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors
2025 2024
£ £
Mr F J MacAndrew 84,500 21,552
Miss J D Bracknell 84,500 21,552
12. Related Party Transactions
The directors of the company have each loaned the company money which totals £6,444 in the year.
The director's own the building the company operates from and they receive £36,000 per year in rental payments.
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