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 03038194 Mr M Moranne Mr L Masters Mr M Pacey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03038194 2023-12-31 03038194 2024-12-31 03038194 2024-01-01 2024-12-31 03038194 frs-core:CurrentFinancialInstruments 2024-12-31 03038194 frs-core:Non-currentFinancialInstruments 2024-12-31 03038194 frs-core:BetweenOneFiveYears 2024-12-31 03038194 frs-core:ComputerEquipment 2024-01-01 2024-12-31 03038194 frs-core:NetGoodwill 2024-12-31 03038194 frs-core:NetGoodwill 2023-12-31 03038194 frs-core:LandBuildings 2024-12-31 03038194 frs-core:LandBuildings 2024-01-01 2024-12-31 03038194 frs-core:LandBuildings 2023-12-31 03038194 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03038194 frs-core:MotorVehicles 2024-01-01 2024-12-31 03038194 frs-core:PlantMachinery 2024-12-31 03038194 frs-core:PlantMachinery 2024-01-01 2024-12-31 03038194 frs-core:PlantMachinery 2023-12-31 03038194 frs-core:WithinOneYear 2024-12-31 03038194 frs-core:ShareCapital 2024-12-31 03038194 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03038194 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03038194 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03038194 frs-bus:SmallEntities 2024-01-01 2024-12-31 03038194 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03038194 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03038194 frs-bus:Director1 2024-01-01 2024-12-31 03038194 frs-bus:Director2 2024-01-01 2024-12-31 03038194 frs-bus:Director3 2024-01-01 2024-12-31 03038194 frs-countries:EnglandWales 2024-01-01 2024-12-31 03038194 2022-12-31 03038194 2023-12-31 03038194 2023-01-01 2023-12-31 03038194 frs-core:CurrentFinancialInstruments 2023-12-31 03038194 frs-core:Non-currentFinancialInstruments 2023-12-31 03038194 frs-core:BetweenOneFiveYears 2023-12-31 03038194 frs-core:WithinOneYear 2023-12-31 03038194 frs-core:ShareCapital 2023-12-31 03038194 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 03038194
Wimborneheath Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03038194
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 311,722 264,165
311,722 264,165
CURRENT ASSETS
Stocks 6 59,619 94,901
Debtors 7 202,837 230,773
Cash at bank and in hand 135,712 351,204
398,168 676,878
Creditors: Amounts Falling Due Within One Year 8 (439,369 ) (498,065 )
NET CURRENT ASSETS (LIABILITIES) (41,201 ) 178,813
TOTAL ASSETS LESS CURRENT LIABILITIES 270,521 442,978
Creditors: Amounts Falling Due After More Than One Year 9 (67,284 ) (84,959 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (27,165 ) (29,919 )
NET ASSETS 176,072 328,100
CAPITAL AND RESERVES
Called up share capital 11 3,851 3,851
Profit and Loss Account 172,221 324,249
SHAREHOLDERS' FUNDS 176,072 328,100
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 M Pacey
Director
10th June 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wimborneheath Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03038194 . The registered office is 76 Aldwick Road, Bognor Regis, West Sussex, PO21 2PE.
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. 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 2% on cost
Motor Vehicles 25% reducing balance
Computer Equipment 15% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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.
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Page 4
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 8)
9 8
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 151,948
As at 31 December 2024 151,948
Amortisation
As at 1 January 2024 151,948
As at 31 December 2024 151,948
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 January 2024 202,230 334,105 536,335
Additions 61,609 32,265 93,874
Disposals - (81,108 ) (81,108 )
As at 31 December 2024 263,839 285,262 549,101
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 January 2024 50,967 221,203 272,170
Provided during the period 3,659 33,063 36,722
Disposals - (71,513 ) (71,513 )
As at 31 December 2024 54,626 182,753 237,379
Net Book Value
As at 31 December 2024 209,213 102,509 311,722
As at 1 January 2024 151,263 112,902 264,165
6. Stocks
2024 2023
£ £
Stock 59,619 94,901
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 166,584 216,072
Other debtors 36,253 14,701
202,837 230,773
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 31,592 28,410
Trade creditors 117,856 121,656
Bank loans and overdrafts 109,000 101,820
Other creditors 164,614 156,918
Taxation and social security 16,307 89,261
439,369 498,065
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 62,496 70,792
Bank loans 4,788 14,167
67,284 84,959
Page 5
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10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 31,592 28,410
Later than one year and not later than five years 62,496 70,792
94,088 99,202
94,088 99,202
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3,851 3,851
Page 6