Acorah Software Products - Accounts Production 16.2.850 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 02571795 Mrs Barbara O'keefe Dr Katharine Mckenzie Mr Robert Billson Mrs Deryn Binnie Mr Lee Hanks Dr Katharine Mckenzie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02571795 2024-01-31 02571795 2025-01-31 02571795 2024-02-01 2025-01-31 02571795 frs-core:CurrentFinancialInstruments 2025-01-31 02571795 frs-core:Non-currentFinancialInstruments 2025-01-31 02571795 frs-core:FurnitureFittings 2025-01-31 02571795 frs-core:FurnitureFittings 2024-02-01 2025-01-31 02571795 frs-core:FurnitureFittings 2024-01-31 02571795 frs-core:NetGoodwill 2025-01-31 02571795 frs-core:NetGoodwill 2024-02-01 2025-01-31 02571795 frs-core:NetGoodwill 2024-01-31 02571795 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 02571795 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 02571795 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 02571795 frs-core:SharePremium 2025-01-31 02571795 frs-core:ShareCapital 2025-01-31 02571795 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 02571795 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 02571795 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 02571795 frs-bus:SmallEntities 2024-02-01 2025-01-31 02571795 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 02571795 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 02571795 frs-bus:Director1 2024-02-01 2025-01-31 02571795 frs-bus:Director2 2024-02-01 2025-01-31 02571795 frs-bus:Director3 2024-02-01 2025-01-31 02571795 frs-bus:Director4 2024-02-01 2025-01-31 02571795 frs-bus:Director5 2024-02-01 2025-01-31 02571795 frs-bus:CompanySecretary1 2024-02-01 2025-01-31 02571795 frs-core:Non-currentFinancialInstruments 1 2025-01-31 02571795 frs-core:Non-currentFinancialInstruments 2 2025-01-31 02571795 frs-core:Non-currentFinancialInstruments 3 2025-01-31 02571795 frs-countries:EnglandWales 2024-02-01 2025-01-31 02571795 2023-01-31 02571795 2024-01-31 02571795 2023-02-01 2024-01-31 02571795 frs-core:CurrentFinancialInstruments 2024-01-31 02571795 frs-core:Non-currentFinancialInstruments 2024-01-31 02571795 frs-core:SharePremium 2024-01-31 02571795 frs-core:ShareCapital 2024-01-31 02571795 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 02571795 frs-core:Non-currentFinancialInstruments 1 2024-01-31 02571795 frs-core:Non-currentFinancialInstruments 2 2024-01-31 02571795 frs-core:Non-currentFinancialInstruments 3 2024-01-31
Registered number: 02571795
Wootton Courtenay Villagers' Stores Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Anthony Smith and Co. Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02571795
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 23,130 38,550
Tangible Assets 5 124,940 125,230
148,070 163,780
CURRENT ASSETS
Cash at bank and in hand 14,483 9,404
14,483 9,404
Creditors: Amounts Falling Due Within One Year 6 (668 ) (629 )
NET CURRENT ASSETS (LIABILITIES) 13,815 8,775
TOTAL ASSETS LESS CURRENT LIABILITIES 161,885 172,555
Creditors: Amounts Falling Due After More Than One Year 7 (134,705 ) (125,400 )
NET ASSETS 27,180 47,155
CAPITAL AND RESERVES
Called up share capital 9 1,240 1,217
Share premium account 19,668 27,141
Profit and Loss Account 6,272 18,797
SHAREHOLDERS' FUNDS 27,180 47,155
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For the year ending 31 January 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
Mrs Deryn Binnie
Director
09/04/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wootton Courtenay Villagers' Stores Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02571795 . The registered office is Robin How Brockwell Lane, Wootton Courtenay, Minehead, TA24 8RN.
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. 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, of which two years have been included in the 2025 Accounts with a further three years left to amortise.
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 5yr straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2024 38,550
As at 31 January 2025 38,550
Amortisation
As at 1 February 2024 -
Provided during the period 15,420
As at 31 January 2025 15,420
Net Book Value
As at 31 January 2025 23,130
As at 1 February 2024 38,550
5. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 February 2024 124,070 3,980 128,050
As at 31 January 2025 124,070 3,980 128,050
Depreciation
As at 1 February 2024 - 2,820 2,820
Provided during the period - 290 290
As at 31 January 2025 - 3,110 3,110
Net Book Value
As at 31 January 2025 124,070 870 124,940
As at 1 February 2024 124,070 1,160 125,230
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 668 629
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Debentures 124,000 -
Long Term Property Loans - 117,300
Restricted Donation 2,000 2,000
Other Donations 8,705 6,100
134,705 125,400
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9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,240 1,217
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