Acorah Software Products - Accounts Production 16.4.675 false true true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 10743089 Mr Jonathan Wicks Mr Richard David Martin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10743089 2024-04-30 10743089 2025-04-30 10743089 2024-05-01 2025-04-30 10743089 frs-core:CurrentFinancialInstruments 2025-04-30 10743089 frs-core:Non-currentFinancialInstruments 2025-04-30 10743089 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-05-01 2025-04-30 10743089 frs-core:OtherResidualIntangibleAssets 2025-04-30 10743089 frs-core:OtherResidualIntangibleAssets 2024-05-01 2025-04-30 10743089 frs-core:OtherResidualIntangibleAssets 2024-04-30 10743089 frs-core:PlantMachinery 2025-04-30 10743089 frs-core:PlantMachinery 2024-05-01 2025-04-30 10743089 frs-core:PlantMachinery 2024-04-30 10743089 frs-core:OtherReservesSubtotal 2025-04-30 10743089 frs-core:SharePremium 2025-04-30 10743089 frs-core:ShareCapital 2025-04-30 10743089 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 10743089 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 10743089 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 10743089 frs-bus:SmallEntities 2024-05-01 2025-04-30 10743089 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 10743089 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 10743089 frs-bus:Director1 2024-05-01 2025-04-30 10743089 frs-bus:Director2 2024-05-01 2025-04-30 10743089 frs-countries:EnglandWales 2024-05-01 2025-04-30 10743089 2023-04-30 10743089 2024-04-30 10743089 2023-05-01 2024-04-30 10743089 frs-core:CurrentFinancialInstruments 2024-04-30 10743089 frs-core:Non-currentFinancialInstruments 2024-04-30 10743089 frs-core:OtherReservesSubtotal 2024-04-30 10743089 frs-core:SharePremium 2024-04-30 10743089 frs-core:ShareCapital 2024-04-30 10743089 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 10743089
Wax Water Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Harris & Company (C.A.) Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10743089
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 195,998 227,845
Tangible Assets 5 388,421 443,663
584,419 671,508
CURRENT ASSETS
Stocks 6 61,714 66,180
Debtors 7 4,959 10,512
Cash at bank and in hand 227,571 114,429
294,244 191,121
Creditors: Amounts Falling Due Within One Year 8 (258,392 ) (160,697 )
NET CURRENT ASSETS (LIABILITIES) 35,852 30,424
TOTAL ASSETS LESS CURRENT LIABILITIES 620,271 701,932
Creditors: Amounts Falling Due After More Than One Year 9 - (323,183 )
NET ASSETS 620,271 378,749
CAPITAL AND RESERVES
Called up share capital 10 1,890 1,890
Share premium account 692,571 622,571
Other reserves 1,008,198 -
Profit and Loss Account (1,082,388 ) (245,712 )
SHAREHOLDERS' FUNDS 620,271 378,749
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For the year ending 30 April 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.
On behalf of the board
Mr Richard David Martin
Director
31 July 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Wax Water Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10743089 . The registered office is Bwt House Coronation Road, Cressex Business Park, High Wycombe, HP12 3SU.
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 directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. However, the going concern basis remains appropriate.
The directors note that Eden Springs UK Limited, the company’s immediate parent undertaking, has confirmed it will continue to provide financial support to the company for a period of at least 12 months from the date of approval of these financial statements. Taking account of this support, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements continue to be prepared on a going concern basis.
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.
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2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Design costs 10% straight line
2.5. 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:
Plant & Machinery 10% straight line
2.6. 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.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Intangible Assets
Other
£
Cost
As at 1 May 2024 324,585
Additions 675
As at 30 April 2025 325,260
Amortisation
As at 1 May 2024 96,740
Provided during the period 32,522
As at 30 April 2025 129,262
...CONTINUED
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Net Book Value
As at 30 April 2025 195,998
As at 1 May 2024 227,845
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 May 2024 596,771
Additions 5,064
As at 30 April 2025 601,835
Depreciation
As at 1 May 2024 153,108
Provided during the period 60,306
As at 30 April 2025 213,414
Net Book Value
As at 30 April 2025 388,421
As at 1 May 2024 443,663
6. Stocks
2025 2024
£ £
Stock 13,050 12,757
Finished goods 48,664 53,423
61,714 66,180
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,510 578
Other debtors 3,449 9,934
4,959 10,512
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 13,006 64,417
Bank loans and overdrafts - 4,728
Other creditors 12,227 71,186
Taxation and social security 233,159 20,366
258,392 160,697
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 23,183
Other loans - 300,000
- 323,183
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,890 1,890
11. Related Party Transactions
During the year, the parent company, Eden Springs UK Limited , waived amounts due from the company totalling £1,008,198, comprising:
• Loan principal: £953,814
• Accrued interest: £54,384
This has been treated as a capital contribution and has been credited to “Other Reserves” in accordance with FRS 102 Sections 2.15 and 11.36, on the basis that the waiver constitutes a transfer of value under common control and is not considered income in the normal course of business.
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