Acorah Software Products - Accounts Production 16.5.460 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 06641271 Mr Adam Walker Mrs Dominique Walker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06641271 2023-07-31 06641271 2024-07-31 06641271 2023-08-01 2024-07-31 06641271 frs-core:CurrentFinancialInstruments 2024-07-31 06641271 frs-core:Non-currentFinancialInstruments 2024-07-31 06641271 frs-core:ComputerEquipment 2024-07-31 06641271 frs-core:ComputerEquipment 2023-08-01 2024-07-31 06641271 frs-core:ComputerEquipment 2023-07-31 06641271 frs-core:FurnitureFittings 2024-07-31 06641271 frs-core:FurnitureFittings 2023-08-01 2024-07-31 06641271 frs-core:FurnitureFittings 2023-07-31 06641271 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 06641271 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 06641271 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 06641271 frs-core:MotorVehicles 2024-07-31 06641271 frs-core:MotorVehicles 2023-08-01 2024-07-31 06641271 frs-core:MotorVehicles 2023-07-31 06641271 frs-core:ShareCapital 2024-07-31 06641271 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 06641271 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 06641271 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 06641271 frs-bus:SmallEntities 2023-08-01 2024-07-31 06641271 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 06641271 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 06641271 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 06641271 frs-bus:OrdinaryShareClass1 2024-07-31 06641271 frs-core:UnlistedNon-exchangeTraded 2024-07-31 06641271 frs-core:UnlistedNon-exchangeTraded 2023-07-31 06641271 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-07-31 06641271 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 06641271 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-07-31 06641271 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-07-31 06641271 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 06641271 frs-bus:Director1 2023-08-01 2024-07-31 06641271 frs-bus:Director1 2023-07-31 06641271 frs-bus:Director1 2024-07-31 06641271 frs-bus:Director2 2023-08-01 2024-07-31 06641271 frs-countries:EnglandWales 2023-08-01 2024-07-31 06641271 2022-07-31 06641271 2023-07-31 06641271 2022-08-01 2023-07-31 06641271 frs-core:CurrentFinancialInstruments 2023-07-31 06641271 frs-core:Non-currentFinancialInstruments 2023-07-31 06641271 frs-core:ShareCapital 2023-07-31 06641271 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 06641271 frs-bus:OrdinaryShareClass1 2022-08-01 2023-07-31
Registered number: 06641271
Walkers Village and Country Homes Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
GC Accountancy Management Service Ltd
Howes Farm Office
Doddinghurst Road Pilgrims Hatch
Brentwood
Essex
CM15 0SG
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06641271
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 160,930 255,371
Investments 4 131,665 77,585
292,595 332,956
CURRENT ASSETS
Debtors 5 463,703 704,883
Cash at bank and in hand 254,532 148,577
718,235 853,460
Creditors: Amounts Falling Due Within One Year 6 (170,587 ) (377,516 )
NET CURRENT ASSETS (LIABILITIES) 547,648 475,944
TOTAL ASSETS LESS CURRENT LIABILITIES 840,243 808,900
Creditors: Amounts Falling Due After More Than One Year 7 (172,397 ) (201,301 )
NET ASSETS 667,846 607,599
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 667,746 607,499
SHAREHOLDERS' FUNDS 667,846 607,599
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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 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 Adam Walker
Director
04/04/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 No depreciation charged
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 1/3rd straight line over 3years
1.4. 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 statement of comprehensive income because of items of income or expense that are taxable or deductible in other year 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 12 13
12 13
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3. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2023 150,439 179,921 35,283 25,004 390,647
Additions - - 1,385 8,036 9,421
Disposals - (163,775 ) - - (163,775 )
As at 31 July 2024 150,439 16,146 36,668 33,040 236,293
Depreciation
As at 1 August 2023 - 83,756 27,108 24,412 135,276
Provided during the period - (8,721 ) 4,605 3,091 (1,025 )
Disposals - (58,888 ) - - (58,888 )
As at 31 July 2024 - 16,147 31,713 27,503 75,363
Net Book Value
As at 31 July 2024 150,439 (1 ) 4,955 5,537 160,930
As at 1 August 2023 150,439 96,165 8,175 592 255,371
4. Investments
Unlisted
£
Cost
As at 1 August 2023 77,585
Additions 54,080
As at 31 July 2024 131,665
Provision
As at 1 August 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 131,665
As at 1 August 2023 77,585
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 44,420 60,195
Prepayments and accrued income - 3,395
Other debtors - 2,865
Corporation tax recoverable assets 94,578 93,583
...CONTINUED
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Net wages - 1,648
Directors' loan accounts 347,961 342,037
Amounts owed by associates (23,256 ) 201,160
463,703 704,883
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 31,356 10,828
Bank loans and overdrafts - 92,943
Corporation tax 67,719 122,420
Other taxes and social security 15,501 91,104
VAT 43,350 38,591
Net wages 211 -
Other creditors 10,000 17,390
Accruals and deferred income 2,450 2,450
Directors' loan accounts - 1,790
170,587 377,516
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 172,397 201,301
172,397 201,301
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Value Number 2024 2023
Allotted, called up and fully paid £ £ £
Ordinary Shares 1 100 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Adam Walker 345,013 268,086 265,139 - 347,961
The above loan is unsecured, interest is charged and repayable on demand.
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10. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 145,790 119,662
145,790 119,662
11. General Information
Walkers Village and Country Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06641271 . The registered office is Howes Farm Doddinghurst Road, Brentwood, Essex, CM15 0SG.
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