Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 04442887 Mrs Shamin Ahmed Mr Mahmood Ahmed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04442887 2023-10-31 04442887 2024-10-31 04442887 2023-11-01 2024-10-31 04442887 frs-core:CurrentFinancialInstruments 2024-10-31 04442887 frs-core:Non-currentFinancialInstruments 2024-10-31 04442887 frs-core:FurnitureFittings 2024-10-31 04442887 frs-core:FurnitureFittings 2023-11-01 2024-10-31 04442887 frs-core:FurnitureFittings 2023-10-31 04442887 frs-core:NetGoodwill 2024-10-31 04442887 frs-core:NetGoodwill 2023-11-01 2024-10-31 04442887 frs-core:NetGoodwill 2023-10-31 04442887 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 04442887 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 04442887 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 04442887 frs-core:ShareCapital 2024-10-31 04442887 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 04442887 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04442887 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 04442887 frs-bus:SmallEntities 2023-11-01 2024-10-31 04442887 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 04442887 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 04442887 frs-bus:Director1 2023-11-01 2024-10-31 04442887 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 04442887 frs-countries:EnglandWales 2023-11-01 2024-10-31 04442887 2022-10-31 04442887 2023-10-31 04442887 2022-11-01 2023-10-31 04442887 frs-core:CurrentFinancialInstruments 2023-10-31 04442887 frs-core:Non-currentFinancialInstruments 2023-10-31 04442887 frs-core:ShareCapital 2023-10-31 04442887 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 04442887
Staywood Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Proactive Chartered Accountants Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 04442887
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 15,000 15,000
Tangible Assets 5 708,134 705,367
723,134 720,367
CURRENT ASSETS
Debtors 6 21,009 6,065
Cash at bank and in hand 76,087 190,635
97,096 196,700
Creditors: Amounts Falling Due Within One Year 7 (150,577 ) (147,762 )
NET CURRENT ASSETS (LIABILITIES) (53,481 ) 48,938
TOTAL ASSETS LESS CURRENT LIABILITIES 669,653 769,305
Creditors: Amounts Falling Due After More Than One Year 8 (226,791 ) (254,963 )
NET ASSETS 442,862 514,342
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 442,762 514,242
SHAREHOLDERS' FUNDS 442,862 514,342
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Mrs Shamin Ahmed
Director
17/07/2025
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
Staywood Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04442887 . The registered office is Brook Hosue, Park Avenue, Ventor, Isle of Wight, PO38 1LE.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 5 years.
2.4. 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 0%
Fixtures & Fittings 10% Reducing Balance
2.5. Taxation
Corporation tax expense represents the sum of the tax currently payable.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 54 (2023: 60)
54 60
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2023 15,000
As at 31 October 2024 15,000
Net Book Value
As at 31 October 2024 15,000
As at 1 November 2023 15,000
Page 2
Page 3
5. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2023 609,274 719,922 1,329,196
Additions - 13,125 13,125
As at 31 October 2024 609,274 733,047 1,342,321
Depreciation
As at 1 November 2023 - 623,829 623,829
Provided during the period - 10,358 10,358
As at 31 October 2024 - 634,187 634,187
Net Book Value
As at 31 October 2024 609,274 98,860 708,134
As at 1 November 2023 609,274 96,093 705,367
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 20,479 123
Other debtors 530 5,942
21,009 6,065
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 38,894 43,580
Bank loans and overdrafts 70,420 70,420
Other creditors 15,450 13,700
Taxation and social security 25,813 20,062
150,577 147,762
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 226,791 254,963
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3