Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 07023010 Mr Matthew McAdden Dr Catriona McAdden Mr M McAdden false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07023010 2023-09-30 07023010 2024-09-30 07023010 2023-10-01 2024-09-30 07023010 frs-core:CurrentFinancialInstruments 2024-09-30 07023010 frs-core:Non-currentFinancialInstruments 2024-09-30 07023010 frs-core:ComputerEquipment 2024-09-30 07023010 frs-core:ComputerEquipment 2023-10-01 2024-09-30 07023010 frs-core:ComputerEquipment 2023-09-30 07023010 frs-core:ShareCapital 2024-09-30 07023010 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 07023010 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07023010 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 07023010 frs-bus:SmallEntities 2023-10-01 2024-09-30 07023010 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07023010 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07023010 1 2023-10-01 2024-09-30 07023010 frs-core:UnlistedNon-exchangeTraded 2024-09-30 07023010 frs-core:UnlistedNon-exchangeTraded 2023-09-30 07023010 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-30 07023010 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 07023010 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-30 07023010 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-30 07023010 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 07023010 frs-bus:Director1 2023-10-01 2024-09-30 07023010 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 07023010 frs-countries:EnglandWales 2023-10-01 2024-09-30 07023010 2022-09-30 07023010 2023-09-30 07023010 2022-10-01 2023-09-30 07023010 frs-core:CurrentFinancialInstruments 2023-09-30 07023010 frs-core:Non-currentFinancialInstruments 2023-09-30 07023010 frs-core:ShareCapital 2023-09-30 07023010 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 07023010
Winetown Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Goringe Accountants Ltd
1650 Arlington Business Park
Theale
Reading
Berkshire
RG7 4SA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07023010
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 739 986
Investments 5 673,657 760,145
674,396 761,131
CURRENT ASSETS
Debtors 6 10,651 42,256
Cash at bank and in hand 95 619
10,746 42,875
Creditors: Amounts Falling Due Within One Year 7 (1,388,443 ) (1,523,334 )
NET CURRENT ASSETS (LIABILITIES) (1,377,697 ) (1,480,459 )
TOTAL ASSETS LESS CURRENT LIABILITIES (703,301 ) (719,328 )
Creditors: Amounts Falling Due After More Than One Year 8 (4,831 ) (12,080 )
NET LIABILITIES (708,132 ) (731,408 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (708,134 ) (731,410 )
SHAREHOLDERS' FUNDS (708,132) (731,408)
Page 1
Page 2
For the year ending 30 September 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 Matthew McAdden
Director
24/06/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Winetown Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07023010 . The registered office is Rear Office, Midland House High Street, Goring, Reading, RG8 9AR.
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:
Computer Equipment 25% reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 October 2023 1,870
As at 30 September 2024 1,870
Depreciation
As at 1 October 2023 884
Provided during the period 247
As at 30 September 2024 1,131
Net Book Value
As at 30 September 2024 739
As at 1 October 2023 986
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Page 4
5. Investments
Unlisted
£
Cost
As at 1 October 2023 760,145
Disposals (86,488 )
As at 30 September 2024 673,657
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 673,657
As at 1 October 2023 760,145
The investment is unlisted and disclosed at cost. Distributions of £86,488 were made to Winetown in 2024 (2023: NIL) reducing Winetown's loan account as a limited partner.
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,545 41,150
Other debtors 1,106 1,106
10,651 42,256
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 12,482
Bank loans and overdrafts 7,251 7,251
Other taxes and social security 49,141 99,528
Other creditors 64,506 257,416
Accruals and deferred income 1,267,545 1,146,657
1,388,443 1,523,334
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,831 12,080
Included within bank loans is £12,082 (2023 - £19,331). Bank loans relates to a Coronavirus Large Business 
Interruption Loan owed. It is secured by a fixed and floating charge over all assets of the company
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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10. Directors Advances, Credits and Guarantees
Included within Creditors is the amount of £55,742 (2023: £248,324) due to the Director.
The above loan is unsecured, interest free and repayable on demand.
11. Related Party Transactions
Included within debtors, is an amount loaned to McAdden Homes Limited of £1,106 (2023: £1,106). Repayments of NIL (2023: £36,364) were made during the year. McAdden Homes Limited is a related party by virtue of common directorship. The loan is repayable on demand and does not accrue any interest.
Included within creditors, is an amount owed to ICENI Property Management (Ireland) of €10,500 (2023: €10,500). ICENI Ireland is a related party by virtue of common directorship. The loan is held in Euro and, on annual basis, re-translated to Sterling using the closing rate. The loan is repayable on demand and does not accrue any interest.
During the period, rent of £15,000 (2023: £12,000) was paid to C McAdden, M McAdden's wife, who is also a 
shareholder in the company. The increase reflects inflationary pressures.
12. Controlling Party
The company's controlling party is Mr M McAdden by virtue of their majority ownership of the issued share capital in the company.
13. Secured debts
On 10 March 2016 Winetown Limited has provided security for loan facilities made available to the
director, M McAdden.
The company provided further security via charges registered on 28 January 2019 and 31 May 2019.
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