Acorah Software Products - Accounts Production 16.4.675 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12763341 Mr William George Ball iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12763341 2023-07-31 12763341 2024-07-31 12763341 2023-08-01 2024-07-31 12763341 frs-core:CurrentFinancialInstruments 2024-07-31 12763341 frs-core:Non-currentFinancialInstruments 2024-07-31 12763341 frs-core:InvestmentPropertyIncludedWithinPPE 2024-07-31 12763341 frs-core:InvestmentPropertyIncludedWithinPPE 2023-08-01 2024-07-31 12763341 frs-core:InvestmentPropertyIncludedWithinPPE 2023-07-31 12763341 frs-core:MotorVehicles 2024-07-31 12763341 frs-core:MotorVehicles 2023-08-01 2024-07-31 12763341 frs-core:MotorVehicles 2023-07-31 12763341 frs-core:ShareCapital 2024-07-31 12763341 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12763341 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12763341 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12763341 frs-bus:SmallEntities 2023-08-01 2024-07-31 12763341 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12763341 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12763341 frs-bus:Director1 2023-08-01 2024-07-31 12763341 frs-core:CurrentFinancialInstruments 1 2024-07-31 12763341 frs-countries:EnglandWales 2023-08-01 2024-07-31 12763341 2022-07-31 12763341 2023-07-31 12763341 2022-08-01 2023-07-31 12763341 frs-core:CurrentFinancialInstruments 2023-07-31 12763341 frs-core:Non-currentFinancialInstruments 2023-07-31 12763341 frs-core:ShareCapital 2023-07-31 12763341 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 12763341 frs-core:CurrentFinancialInstruments 1 2023-07-31
Registered number: 12763341
WillB Estates Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
THB LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12763341
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,507,633 1,486,540
1,507,633 1,486,540
CURRENT ASSETS
Cash at bank and in hand 2,611 1,934
2,611 1,934
Creditors: Amounts Falling Due Within One Year 5 (431,433 ) (419,331 )
NET CURRENT ASSETS (LIABILITIES) (428,822 ) (417,397 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,078,811 1,069,143
Creditors: Amounts Falling Due After More Than One Year 6 (1,135,985 ) (1,135,985 )
NET LIABILITIES (57,174 ) (66,842 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (57,274 ) (66,942 )
SHAREHOLDERS' FUNDS (57,174) (66,842)
Page 1
Page 2
For the year ending 31 July 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 William George Ball
Director
15/07/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
WillB Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12763341 . The registered office is 10 St Davids Court, London Road, Ashford, United Kingdom, TW15 3HB.
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:
Motor Vehicles 20% Reducing balance mething
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Investment Properties Motor Vehicles Total
£ £ £
Cost
As at 1 August 2023 1,486,540 - 1,486,540
Additions - 22,203 22,203
As at 31 July 2024 1,486,540 22,203 1,508,743
Depreciation
As at 1 August 2023 - - -
Provided during the period - 1,110 1,110
As at 31 July 2024 - 1,110 1,110
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 July 2024 1,486,540 21,093 1,507,633
As at 1 August 2023 1,486,540 - 1,486,540
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Rent Deposits 575 1,575
Other creditors (1) 40,000 40,000
Accruals and deferred income 3,786 2,700
Director's loan account 387,072 375,056
431,433 419,331
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,135,985 1,135,985
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4