Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 02980808 Mr David Willcox Mrs Ann Willcox Mrs Ann Willcox iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02980808 2023-10-31 02980808 2024-10-31 02980808 2023-11-01 2024-10-31 02980808 frs-core:CurrentFinancialInstruments 2024-10-31 02980808 frs-core:BetweenOneFiveYears 2024-10-31 02980808 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 02980808 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 02980808 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 02980808 frs-core:MotorVehicles 2024-10-31 02980808 frs-core:MotorVehicles 2023-11-01 2024-10-31 02980808 frs-core:MotorVehicles 2023-10-31 02980808 frs-core:PlantMachinery 2024-10-31 02980808 frs-core:PlantMachinery 2023-11-01 2024-10-31 02980808 frs-core:PlantMachinery 2023-10-31 02980808 frs-core:ShareCapital 2024-10-31 02980808 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 02980808 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 02980808 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 02980808 frs-bus:SmallEntities 2023-11-01 2024-10-31 02980808 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 02980808 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 02980808 frs-bus:Director1 2023-11-01 2024-10-31 02980808 frs-bus:Director2 2023-11-01 2024-10-31 02980808 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 02980808 frs-countries:EnglandWales 2023-11-01 2024-10-31 02980808 2022-10-31 02980808 2023-10-31 02980808 2022-11-01 2023-10-31 02980808 frs-core:CurrentFinancialInstruments 2023-10-31 02980808 frs-core:BetweenOneFiveYears 2023-10-31 02980808 frs-core:MoreThanFiveYears 2023-10-31 02980808 frs-core:ShareCapital 2023-10-31 02980808 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 02980808
Wiljenforth Limited
Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02980808
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 492,231 498,537
492,231 498,537
CURRENT ASSETS
Stocks 5 2,850 2,850
Debtors 6 30,473 37,535
Cash at bank and in hand 172,190 198,778
205,513 239,163
Creditors: Amounts Falling Due Within One Year 7 (172,910 ) (180,828 )
NET CURRENT ASSETS (LIABILITIES) 32,603 58,335
TOTAL ASSETS LESS CURRENT LIABILITIES 524,834 556,872
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,108 ) (5,216 )
NET ASSETS 517,726 551,656
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 516,726 550,656
SHAREHOLDERS' FUNDS 517,726 551,656
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For the year ending 31 October 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 David Willcox
Director
9th July 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Wiljenforth Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02980808 . The registered office is Highcroft Nursing Home, 7 Eastfield Park, Weston Super Mare, North Somerset, BS23 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% straight line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% 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 the 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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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: 35 (2023: 35)
35 35
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 November 2023 752,126 368,356 7,474 1,127,956
Additions - 5,109 13,568 18,677
Disposals - - (7,474 ) (7,474 )
As at 31 October 2024 752,126 373,465 13,568 1,139,159
Depreciation
As at 1 November 2023 287,846 334,232 7,341 629,419
Provided during the period 15,042 9,808 - 24,850
Disposals - - (7,341 ) (7,341 )
As at 31 October 2024 302,888 344,040 - 646,928
Net Book Value
As at 31 October 2024 449,238 29,425 13,568 492,231
As at 1 November 2023 464,280 34,124 133 498,537
5. Stocks
2024 2023
£ £
Materials 2,850 2,850
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 30,473 34,585
Prepayments and accrued income - 1,200
Other debtors - 1,750
30,473 37,535
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 13,604 12,972
Corporation tax 67,938 64,741
Other taxes and social security 14,215 15,053
Other creditors 37,733 56,663
Accruals and deferred income 27,161 22,130
Directors' loan accounts 12,259 9,269
172,910 180,828
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Later than one year and not later than five years 12,815 -
Later than five years - 15,513
12,815 15,513
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