Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 01398608 Mr William Owen Mrs H Owen true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01398608 2024-03-31 01398608 2025-03-31 01398608 2024-04-01 2025-03-31 01398608 frs-core:CurrentFinancialInstruments 2025-03-31 01398608 frs-core:Non-currentFinancialInstruments 2025-03-31 01398608 frs-core:FurnitureFittings 2024-04-01 2025-03-31 01398608 frs-core:PlantMachinery 2024-04-01 2025-03-31 01398608 frs-core:RevaluationReserve 2024-03-31 01398608 frs-core:RevaluationReserve 2025-03-31 01398608 frs-core:ShareCapital 2025-03-31 01398608 frs-core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 01398608 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 01398608 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01398608 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 01398608 frs-bus:SmallEntities 2024-04-01 2025-03-31 01398608 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01398608 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01398608 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 01398608 frs-bus:OrdinaryShareClass1 2025-03-31 01398608 1 2024-04-01 2025-03-31 01398608 frs-core:UnlistedNon-exchangeTraded 2025-03-31 01398608 frs-core:UnlistedNon-exchangeTraded 2024-03-31 01398608 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 01398608 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 01398608 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 01398608 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 01398608 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 01398608 frs-bus:Director1 2024-04-01 2025-03-31 01398608 frs-bus:Director2 2024-04-01 2025-03-31 01398608 frs-countries:EnglandWales 2024-04-01 2025-03-31 01398608 2023-03-31 01398608 2024-03-31 01398608 2023-04-01 2024-03-31 01398608 frs-core:CurrentFinancialInstruments 2024-03-31 01398608 frs-core:Non-currentFinancialInstruments 2024-03-31 01398608 frs-core:RevaluationReserve 2023-04-01 2024-03-31 01398608 frs-core:RevaluationReserve 2023-03-31 01398608 frs-core:RevaluationReserve 2024-03-31 01398608 frs-core:ShareCapital 2023-03-31 01398608 frs-core:ShareCapital 2024-03-31 01398608 frs-core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 01398608 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-03-31 01398608 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 01398608 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31
Registered number: 01398608
Worldtown Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—5
Page 1
Balance Sheet
Registered number: 01398608
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 3 1 2
1 2
CURRENT ASSETS
Debtors 4 4,306 4,305
Investments 5 44,998 75,791
Cash at bank and in hand 63,054 1,074
112,358 81,170
Creditors: Amounts Falling Due Within One Year 6 (461 ) -
NET CURRENT ASSETS (LIABILITIES) 111,897 81,170
TOTAL ASSETS LESS CURRENT LIABILITIES 111,898 81,172
Creditors: Amounts Falling Due After More Than One Year 7 - (4,365 )
NET ASSETS 111,898 76,807
CAPITAL AND RESERVES
Called up share capital 8 4,000 4,000
Revaluation reserve 10 (13,130 ) (13,130 )
Profit and Loss Account 121,028 85,938
SHAREHOLDERS' FUNDS 111,898 76,808
Page 1
Page 2
For the year ending 31 March 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 William Owen
Director
09/09/2025
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Revaluation reserve Profit and Loss Account Total
£ £ £ £
As at 1 April 2023 4,000 (71,000 ) 236,150 169,150
Loss for year - - (126,212) (126,212 )
Deficit on revaluation - (13,130) - (13,130)
Other comprehensive income for the year - (13,130 ) - (13,130 )
Total comprehensive income for the year - (13,130) (126,212 ) (139,342)
Dividends paid - - (24,000) (24,000)
Transfer to/from Profit & Loss Account - 71,000 - 71,000
As at 31 March 2024 and 1 April 2024 4,000 (13,130 ) 85,938 76,808
Profit for the year and total comprehensive income - - 78,090 78,090
Dividends paid - - (43,000) (43,000)
As at 31 March 2025 4,000 (13,130 ) 121,028 111,898
Page 3
Page 4
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 April 2008).
1.2. 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:
Plant & Machinery 25% on cost
Fixtures & Fittings 25% on cost
1.3. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
1.4. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
2. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 2 2
2 2
3. Investments
Unlisted
£
Cost
As at 1 April 2024 2
Disposals (1 )
As at 31 March 2025 1
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 1
As at 1 April 2024 2
4. Debtors
2025 2024
£ £
Due within one year
Other debtors 4,306 4,305
Page 4
Page 5
5. Current Asset Investments
2025 2024
£ £
Listed investments 44,998 75,791
Investments in listed securities are shown at cost
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Directors' loan accounts 461 -
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Directors loan account - 4,365
There are no creditors except the directors and family.
8. Share Capital
2025 2024
Allotted, called up and fully paid £ £
4,000 Ordinary Shares of £ 1 each 4,000 4,000
9. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 43,000 24,000
10. Reserves
Revaluation Reserve
£
As at 1 April 2024 (13,130 )
As at 31 March 2025 (13,130 )
The revaluation deficit relates to a loan to Daycall Investments Limited which is unlikely to be recovered in full.
11. Ultimate Controlling Party
The company's ultimate controlling party was William Owen at the year end by virtue of ownership of 100% of the issued share capital in the company.
Page 5