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 07642066 J D Bryce J D Bryce true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07642066 2023-12-31 07642066 2024-12-31 07642066 2024-01-01 2024-12-31 07642066 frs-core:CurrentFinancialInstruments 2024-12-31 07642066 frs-core:Non-currentFinancialInstruments 2024-12-31 07642066 frs-core:FurnitureFittings 2024-12-31 07642066 frs-core:FurnitureFittings 2024-01-01 2024-12-31 07642066 frs-core:FurnitureFittings 2023-12-31 07642066 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 07642066 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07642066 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 07642066 frs-core:MotorVehicles 2024-12-31 07642066 frs-core:MotorVehicles 2024-01-01 2024-12-31 07642066 frs-core:MotorVehicles 2023-12-31 07642066 frs-core:ShareCapital 2024-12-31 07642066 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07642066 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07642066 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07642066 frs-bus:SmallEntities 2024-01-01 2024-12-31 07642066 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07642066 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07642066 1 2024-01-01 2024-12-31 07642066 frs-bus:Director1 2024-01-01 2024-12-31 07642066 frs-countries:EnglandWales 2024-01-01 2024-12-31 07642066 2022-12-31 07642066 2023-12-31 07642066 2023-01-01 2023-12-31 07642066 frs-core:CurrentFinancialInstruments 2023-12-31 07642066 frs-core:Non-currentFinancialInstruments 2023-12-31 07642066 frs-core:ShareCapital 2023-12-31 07642066 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07642066
W.L.B.C Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07642066
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,749 40,267
7,749 40,267
CURRENT ASSETS
Stocks - 22,400
Debtors 5 8,441 10,625
Cash at bank and in hand 38,125 68,494
46,566 101,519
Creditors: Amounts Falling Due Within One Year 6 - (31,359 )
NET CURRENT ASSETS (LIABILITIES) 46,566 70,160
TOTAL ASSETS LESS CURRENT LIABILITIES 54,315 110,427
Creditors: Amounts Falling Due After More Than One Year 7 - (170,036 )
NET ASSETS/(LIABILITIES) 54,315 (59,609 )
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 54,215 (59,709 )
SHAREHOLDERS' FUNDS 54,315 (59,609)
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Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
J D Bryce
Director
14th September 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
W.L.B.C Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07642066 . The registered office is The Huf, Upper Earls Court Farm, Horpit, Wanborough, Swindon, SN4 0AU.
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.
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:
Freehold 10% straight line
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% 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. 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.
2.5. 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 17)
15 17
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4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 96,056 15,148 167,712 278,916
Disposals (96,056 ) (15,148 ) (99,312 ) (210,516 )
As at 31 December 2024 - - 68,400 68,400
Depreciation
As at 1 January 2024 78,224 11,851 148,574 238,649
Provided during the period - 343 2,583 2,926
Disposals (78,224 ) (12,194 ) (90,506 ) (180,924 )
As at 31 December 2024 - - 60,651 60,651
Net Book Value
As at 31 December 2024 - - 7,749 7,749
As at 1 January 2024 17,832 3,297 19,138 40,267
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 9,879
Other debtors - 746
Other taxes and social security 8,441 -
8,441 10,625
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 20,231
Other taxes and social security - 1,285
Other creditors - 9,843
- 31,359
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to other participating interests - 170,036
8. Related Party Transactions
The company paid rent of £5,000 (2023: £13,000) to its parent company, Jim and Claire Limited.
The balance owed to Jim and Claire Limited at the year end of £150,036 (2023: £170,036) was forgiven during the year.
9. Ultimate Controlling Party
The company's ultimate controlling party is J D Bryce by virtue of his ownership of the issued share capital of Jim and Claire Limited.
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