Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 01713146 Mr O E Manning Mr M A Willmott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01713146 2023-12-31 01713146 2024-12-31 01713146 2024-01-01 2024-12-31 01713146 frs-core:CurrentFinancialInstruments 2024-12-31 01713146 frs-core:Non-currentFinancialInstruments 2024-12-31 01713146 frs-core:ComputerEquipment 2024-12-31 01713146 frs-core:ComputerEquipment 2024-01-01 2024-12-31 01713146 frs-core:ComputerEquipment 2023-12-31 01713146 frs-core:FurnitureFittings 2024-12-31 01713146 frs-core:FurnitureFittings 2024-01-01 2024-12-31 01713146 frs-core:FurnitureFittings 2023-12-31 01713146 frs-core:MotorVehicles 2024-12-31 01713146 frs-core:MotorVehicles 2024-01-01 2024-12-31 01713146 frs-core:MotorVehicles 2023-12-31 01713146 frs-core:PlantMachinery 2024-12-31 01713146 frs-core:PlantMachinery 2024-01-01 2024-12-31 01713146 frs-core:PlantMachinery 2023-12-31 01713146 frs-core:CapitalRedemptionReserve 2024-12-31 01713146 frs-core:SharePremium 2024-12-31 01713146 frs-core:ShareCapital 2024-12-31 01713146 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01713146 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01713146 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 01713146 frs-bus:SmallEntities 2024-01-01 2024-12-31 01713146 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01713146 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01713146 frs-bus:Director1 2024-01-01 2024-12-31 01713146 frs-bus:Director2 2024-01-01 2024-12-31 01713146 frs-countries:EnglandWales 2024-01-01 2024-12-31 01713146 2022-12-31 01713146 2023-12-31 01713146 2023-01-01 2023-12-31 01713146 frs-core:CurrentFinancialInstruments 2023-12-31 01713146 frs-core:Non-currentFinancialInstruments 2023-12-31 01713146 frs-core:CapitalRedemptionReserve 2023-12-31 01713146 frs-core:SharePremium 2023-12-31 01713146 frs-core:ShareCapital 2023-12-31 01713146 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 01713146
Weald Packaging Supplies Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Certax Accounting Sevenoaks
Lime Tree House
15 Lime Tree Walk
Sevenoaks
Kent
TN13 1YH
Weald Packaging Supplies Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Weald Packaging Supplies Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 01713146

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 82,747 |  | 96,559
|  |  | 82,747 |  | 96,559
CURRENT ASSETS
Stocks | 5 | 389,226 |  | 350,896 |
Debtors | 6 | 1,290,959 |  | 593,706 |
Cash at bank and in hand |  | 32,781 |  | 231,789 |
|  | 1,712,966 |  | 1,176,391 |
Creditors: Amounts Falling Due Within One Year | 7 | (1,039,736 ) |  | (617,344 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 673,230 |  | 559,047
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 755,977 |  | 655,606
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (120,295 ) |  | -
NET ASSETS |  |  | 635,682 |  | 655,606
CAPITAL AND RESERVES
Called up share capital | 9 |  | 9,819 |  | 9,819
Share premium account |  |  | 195,653 |  | 195,653
Capital redemption reserve |  |  | 2,264 |  | 2,264
Profit and Loss Account |  |  | 427,946 |  | 447,870
SHAREHOLDERS' FUNDS |  |  | 635,682 |  | 655,606

Page 1
Page 2
Weald Packaging Supplies Limited
Balance Sheet (continued)
As At 31 December 2024
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 Profit and Loss Account.
On behalf of the board

Mr O E Manning Director | Mr M A Willmott Director
14/05/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Weald Packaging Supplies Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Weald Packaging Supplies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01713146 . The registered office is Station Approach, Buxted, Uckfield, East Sussex, TN22 4LA.
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.
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:

Plant & Machinery | 25% on reducing balance
Motor Vehicles | 25% on reducing balance
Office equipment and furniture | 15% on reducing balance
Computer Equipment | 33% on reducing balance

2.4. 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.
2.5. 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.
2.6. 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 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.
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
Page 3
Page 4
Weald Packaging Supplies Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 10)
13 10
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Office equipment and furniture | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 1 January 2024 | 29,870 | 34,499 | 31,251 | 36,770 | 132,390
Additions | 532 | - | 6,845 | 3,912 | 11,289
Disposals | - | - | (190 ) | (357 ) | (547 )
As at 31 December 2024 | 30,402 | 34,499 | 37,906 | 40,325 | 143,132
Depreciation
As at 1 January 2024 | 8,250 | 12,367 | 1,924 | 13,290 | 35,831
Provided during the period | 5,508 | 5,533 | 5,206 | 8,586 | 24,833
Disposals | - | - | (56 ) | (223 ) | (279 )
As at 31 December 2024 | 13,758 | 17,900 | 7,074 | 21,653 | 60,385
Net Book Value
As at 31 December 2024 | 16,644 | 16,599 | 30,832 | 18,672 | 82,747
As at 1 January 2024 | 21,620 | 22,132 | 29,327 | 23,480 | 96,559

5. Stocks

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Stock | 389,226 |  | 350,896

6. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 549,970 |  | 503,772
Amounts owed by group undertakings | 708,061 |  | 58,875
Amounts owed by participating interests | 2,600 |  | -
Other debtors | 30,328 |  | 31,059
| 1,290,959 |  | 593,706

7. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 511,644 |  | 483,398
Bank loans and overdrafts | 365,866 |  | -
Other creditors | 75,905 |  | 60,094
Taxation and social security | 86,321 |  | 73,852
| 1,039,736 |  | 617,344

Page 4
Page 5
Weald Packaging Supplies Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
8. Creditors: Amounts Falling Due After More Than One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans | 120,295 |  | -

9. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 9,819 |  | 9,819

10. Related Party Transactions
At the balance sheet date the company was owed £2,600 (2023:£23,250) from the company SSAS.
At the balance sheet date, an amount of £708,061 was owed from WMF Group Ltd (2023: £35,625), the Ulitmate Parent Company.
Page 5