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 04819118 Mr Kevin Williamson Ms Helen Magoris iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04819118 2023-12-31 04819118 2024-12-31 04819118 2024-01-01 2024-12-31 04819118 frs-core:CurrentFinancialInstruments 2024-12-31 04819118 frs-core:NetGoodwill 2024-12-31 04819118 frs-core:NetGoodwill 2024-01-01 2024-12-31 04819118 frs-core:NetGoodwill 2023-12-31 04819118 frs-core:ShareCapital 2024-12-31 04819118 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04819118 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04819118 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04819118 frs-bus:SmallEntities 2024-01-01 2024-12-31 04819118 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04819118 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04819118 frs-bus:Director1 2024-01-01 2024-12-31 04819118 frs-bus:Director2 2024-01-01 2024-12-31 04819118 frs-bus:Director2 2023-12-31 04819118 frs-bus:Director2 2024-12-31 04819118 frs-countries:EnglandWales 2024-01-01 2024-12-31 04819118 2022-12-31 04819118 2023-12-31 04819118 2023-01-01 2023-12-31 04819118 frs-core:CurrentFinancialInstruments 2023-12-31 04819118 frs-core:ShareCapital 2023-12-31 04819118 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04819118
Sensitive Water Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Sandra Evans
Chartered Accountants
57a High Street
GLYNNEATH
SA11 5DA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 04819118
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,000 10,000
5,000 10,000
CURRENT ASSETS
Debtors 5 418 5,645
Cash at bank and in hand 66,222 60,192
66,640 65,837
Creditors: Amounts Falling Due Within One Year 6 (87,599 ) (83,305 )
NET CURRENT ASSETS (LIABILITIES) (20,959 ) (17,468 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15,959 ) (7,468 )
NET LIABILITIES (15,959 ) (7,468 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (16,059 ) (7,568 )
SHAREHOLDERS' FUNDS (15,959) (7,468)
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
Ms Helen Magoris
Director
31/03/2025
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
Sensitive Water Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04819118 . The registered office is 14 Clos Nant Bran, Birchgrove, Swansea, SA7 9JY.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 20,000
As at 31 December 2024 20,000
Amortisation
As at 1 January 2024 10,000
Provided during the period 5,000
As at 31 December 2024 15,000
Net Book Value
As at 31 December 2024 5,000
As at 1 January 2024 10,000
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 418 5,432
VAT - 213
418 5,645
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 86,940 83,305
Taxation and social security 659 -
87,599 83,305
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Kevin Williamson 80,917 2,585 - - 83,502
The above loan is unsecured and interest free.
Page 3