Acorah Software Products - Accounts Production 16.4.660 false true true false 17 October 2023 31 March 2025 31 March 2025 15215983 Mr P Even Mr W Lecocq Mr W Lecocq true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15215983 2023-10-16 15215983 2025-03-31 15215983 2023-10-17 2025-03-31 15215983 frs-core:CurrentFinancialInstruments 2025-03-31 15215983 frs-core:BetweenOneFiveYears 2025-03-31 15215983 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-17 2025-03-31 15215983 frs-core:MoreThanFiveYears 2025-03-31 15215983 frs-core:WithinOneYear 2025-03-31 15215983 frs-core:ShareCapital 2025-03-31 15215983 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15215983 frs-bus:PrivateLimitedCompanyLtd 2023-10-17 2025-03-31 15215983 frs-bus:AbridgedAccounts 2023-10-17 2025-03-31 15215983 frs-bus:SmallEntities 2023-10-17 2025-03-31 15215983 frs-bus:AuditExempt-NoAccountantsReport 2023-10-17 2025-03-31 15215983 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-17 2025-03-31 15215983 1 2023-10-17 2025-03-31 15215983 frs-bus:Director1 2023-10-17 2025-03-31 15215983 frs-bus:Director2 2023-10-17 2025-03-31 15215983 frs-bus:CompanySecretary1 2023-10-17 2025-03-31 15215983 frs-countries:EnglandWales 2023-10-17 2025-03-31
Registered number: 15215983
Wapanamann Ltd
Unaudited ABRIDGED Financial Statements
For the Period 17 October 2023 to 31 March 2025
AJ Fleet and Co Limited
Chartered Certified Accountants
Hyde Park House
Cartwright Street
Hyde
SK14 4EH
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2—4
Page 1
Abridged Balance Sheet
Registered number: 15215983
31 March 2025
Notes £ £
FIXED ASSETS
Intangible Assets 4 11,463
11,463
CURRENT ASSETS
Stocks 11,677
Debtors 29,125
Cash at bank and in hand 2,976
43,778
Creditors: Amounts Falling Due Within One Year (102,908 )
NET CURRENT ASSETS (LIABILITIES) (59,130 )
TOTAL ASSETS LESS CURRENT LIABILITIES (47,667 )
NET LIABILITIES (47,667 )
CAPITAL AND RESERVES
Called up share capital 5 100
Profit and Loss Account (47,767 )
SHAREHOLDERS' FUNDS (47,667)
For the period ending 31 March 2025 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr W Lecocq
Director
25/06/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
Wapanamann Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15215983 . The registered office is 86-88 Clerkenwell Road, London, EC1M 5RJ.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. At the Statement of Financial Position date the company has net current liabilities of £59,130 and net liabilities of £47,667. The validity of the going concern assumption depends on the continued support of the company's shareholders and providers of finance. The directors are of the opinion that this support will not be withdrawn and that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of this support.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are legal fees relating to a lease. It is amortised to profit and loss account over its estimated economic life of 10 years.
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.
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.
...CONTINUED
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2.6. Taxation - continued
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 period, 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 period was: 20
20
4. Intangible Assets
Total
£
Cost
As at 17 October 2023 -
Additions 11,927
As at 31 March 2025 11,927
Amortisation
As at 17 October 2023 -
Provided during the period 464
As at 31 March 2025 464
Net Book Value
As at 31 March 2025 11,463
As at 17 October 2023 -
5. Share Capital
31 March 2025
£
Called Up Share Capital not Paid 100
Amount of Allotted, Called Up Share Capital 100
6. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
31 March 2025
£
Not later than one year 75,300
Later than one year and not later than five years 525,007
Later than five years 632,728
1,233,035
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Page 4
7. Related Party Transactions
During the period under review, the company entered into transactions with companies which the shareholders and directors, Mr W Lecocq and Mr P Even, are also shareholders and directors of. The transactions were as follows:
Gazette Limited
Supplied from Gazette Limited £4,133.
Loan from Gazette Limited £181.
Balance owing to Gazette Limited at 31 March 2025 £4,314.
Roquebrune Limited
Supplied from Roquebrune Limited £996.
Balance owing to Roquebrune Limited at 31 March 2025 £996.
Gazettechancery Limited
Supplied from Gazettechancery Limited £98.
Loan from Gazettechancery Limited £20,584.
Balance owing to Gazettechancery Limited at 31 March 2025 £20,682.
WAPA Limited
Supplied from WAPA Limited £7,923.
Loan from WAPA Limited £17,830.
Balance owing to WAPA Limited at 31 March 2025 £25,753.
8. Ultimate Controlling Party Not Known
The company's ultimate controlling party is unknown.
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