Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13061639 Mr Nicholas Jordan Mr David Kent iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13061639 2023-12-31 13061639 2024-12-31 13061639 2024-01-01 2024-12-31 13061639 frs-core:Non-currentFinancialInstruments 2024-12-31 13061639 frs-core:ComputerEquipment 2024-12-31 13061639 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13061639 frs-core:ComputerEquipment 2023-12-31 13061639 frs-core:SharePremium 2024-12-31 13061639 frs-core:ShareCapital 2024-12-31 13061639 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13061639 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13061639 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13061639 frs-bus:SmallEntities 2024-01-01 2024-12-31 13061639 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 13061639 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13061639 frs-bus:Director1 2024-01-01 2024-12-31 13061639 frs-bus:Director2 2024-01-01 2024-12-31 13061639 frs-countries:EnglandWales 2024-01-01 2024-12-31 13061639 2022-12-31 13061639 2023-12-31 13061639 2023-01-01 2023-12-31 13061639 frs-core:Non-currentFinancialInstruments 2023-12-31 13061639 frs-core:SharePremium 2023-12-31 13061639 frs-core:ShareCapital 2023-12-31 13061639 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Nuworks Ltd
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Accountants' Report 1
Statement of Financial Position 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Nuworks Ltd For The Year Ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Nuworks Ltd For The Year Ended 31 December 2024 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Nuworks Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Nuworks Ltd and state those matters that we have agreed to state to the directors of Nuworks Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nuworks Ltd and its directors, as a body, for our work or for this report.
It is your duty to ensure that Nuworks Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Nuworks Ltd . You consider that Nuworks Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Nuworks Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
5 August 2025
Cooper Adams Ltd
Chartered Accountants
12 Payton Street
Stratford upon Avon
Warwickshire
CV37 6UA
Page 1
Page 2
Statement of Financial Position
Registered number: 13061639
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 2,548 3,802
2,548 3,802
CURRENT ASSETS
Debtors 324 546
Cash at bank and in hand 11,524 24,529
11,848 25,075
Creditors: Amounts Falling Due Within One Year (214,082 ) (193,944 )
NET CURRENT ASSETS (LIABILITIES) (202,234 ) (168,869 )
TOTAL ASSETS LESS CURRENT LIABILITIES (199,686 ) (165,067 )
Creditors: Amounts Falling Due After More Than One Year (40,000 ) (25,000 )
NET LIABILITIES (239,686 ) (190,067 )
CAPITAL AND RESERVES
Called up share capital 5 200 200
Share premium account 9,996 9,996
Income Statement (249,882 ) (200,263 )
SHAREHOLDERS' FUNDS (239,686) (190,067)
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For the year ending 31 December 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 Income Statement.
On behalf of the board
Mr David Kent
Director
5 August 2025
The notes on pages 4 to 5 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Nuworks Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13061639 . The registered office is Suite 5, 26-27 West Street, Horsham, West Sussex, RH12 1PB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The company is showing net liabilities as at 31 December 2024. The directors have confirmed that they will continue to support the company financially, to allow it to continue its operations. On this basis, the directors considers it appropriate to prepare the financial statements on a going concern basis.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax.
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 33% on reducing balance
2.4. 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 income statement 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
4. Tangible assets
Computer equipment
£
Cost
As at 1 January 2024 6,242
As at 31 December 2024 6,242
...CONTINUED
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Page 5
Depreciation
As at 1 January 2024 2,440
Provided during the period 1,254
As at 31 December 2024 3,694
Net Book Value
As at 31 December 2024 2,548
As at 1 January 2024 3,802
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
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