Acorah Software Products - Accounts Production 16.3.350 false true 30 December 2023 31 December 2022 false 31 December 2023 30 December 2024 30 December 2024 08172020 Mr Andrew Stanley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08172020 2023-12-30 08172020 2024-12-30 08172020 2023-12-31 2024-12-30 08172020 frs-core:CurrentFinancialInstruments 2024-12-30 08172020 frs-core:Non-currentFinancialInstruments 2024-12-30 08172020 frs-core:NetGoodwill 2024-12-30 08172020 frs-core:NetGoodwill 2023-12-31 2024-12-30 08172020 frs-core:NetGoodwill 2023-12-30 08172020 frs-core:PlantMachinery 2023-12-31 2024-12-30 08172020 frs-core:ShareCapital 2024-12-30 08172020 frs-core:RetainedEarningsAccumulatedLosses 2024-12-30 08172020 frs-bus:PrivateLimitedCompanyLtd 2023-12-31 2024-12-30 08172020 frs-bus:FilletedAccounts 2023-12-31 2024-12-30 08172020 frs-bus:SmallEntities 2023-12-31 2024-12-30 08172020 frs-bus:AuditExempt-NoAccountantsReport 2023-12-31 2024-12-30 08172020 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-31 2024-12-30 08172020 frs-bus:Director1 2023-12-31 2024-12-30 08172020 frs-countries:EnglandWales 2023-12-31 2024-12-30 08172020 2022-12-30 08172020 2023-12-30 08172020 2022-12-31 2023-12-30 08172020 frs-core:CurrentFinancialInstruments 2023-12-30 08172020 frs-core:Non-currentFinancialInstruments 2023-12-30 08172020 frs-core:ShareCapital 2023-12-30 08172020 frs-core:RetainedEarningsAccumulatedLosses 2023-12-30
Registered number: 08172020
WSG Midland Holdings Limited
Financial Statements
For The Year Ended 30 December 2024
MAS Accountancy Limited
39 High Street
Orpington
BR6 0JE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08172020
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 58,000 58,000
58,000 58,000
CURRENT ASSETS
Debtors 5 6,977 12,977
Cash at bank and in hand 295 295
7,272 13,272
Creditors: Amounts Falling Due Within One Year 6 (1 ) (1 )
NET CURRENT ASSETS (LIABILITIES) 7,271 13,271
TOTAL ASSETS LESS CURRENT LIABILITIES 65,271 71,271
Creditors: Amounts Falling Due After More Than One Year 7 (21,114 ) (27,114 )
NET ASSETS 44,157 44,157
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 44,057 44,057
SHAREHOLDERS' FUNDS 44,157 44,157
For the year ending 30 December 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 his 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 Andrew Stanley
Director
9 June 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
WSG Midland Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08172020 . The registered office is 39 High Street, Orpington, Kent, BR6 0JE.
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. 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.
2.3. 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 10% Reducing
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 1)
- 1
4. Intangible Assets
Goodwill
£
Cost
As at 31 December 2023 64,000
As at 30 December 2024 64,000
Amortisation
As at 31 December 2023 6,000
As at 30 December 2024 6,000
Net Book Value
As at 30 December 2024 58,000
As at 31 December 2023 58,000
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,977 12,977
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Page 2
Page 3
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 21,114 27,114
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3