Acorah Software Products - Accounts Production 16.3.350 false true 30 June 2023 1 July 2022 false 1 July 2023 31 March 2024 31 March 2024 10240295 Mr B Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10240295 2023-06-30 10240295 2024-03-31 10240295 2023-07-01 2024-03-31 10240295 frs-core:CurrentFinancialInstruments 2024-03-31 10240295 frs-core:Non-currentFinancialInstruments 2024-03-31 10240295 frs-core:ComputerEquipment 2024-03-31 10240295 frs-core:ComputerEquipment 2023-07-01 2024-03-31 10240295 frs-core:ComputerEquipment 2023-06-30 10240295 frs-core:FurnitureFittings 2024-03-31 10240295 frs-core:FurnitureFittings 2023-07-01 2024-03-31 10240295 frs-core:FurnitureFittings 2023-06-30 10240295 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 10240295 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-03-31 10240295 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 10240295 frs-core:PlantMachinery 2024-03-31 10240295 frs-core:PlantMachinery 2023-07-01 2024-03-31 10240295 frs-core:PlantMachinery 2023-06-30 10240295 frs-core:RevaluationReserve 2023-06-30 10240295 frs-core:RevaluationReserve 2024-03-31 10240295 frs-core:ShareCapital 2024-03-31 10240295 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10240295 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-03-31 10240295 frs-bus:FilletedAccounts 2023-07-01 2024-03-31 10240295 frs-bus:SmallEntities 2023-07-01 2024-03-31 10240295 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-03-31 10240295 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-03-31 10240295 frs-bus:Director1 2023-07-01 2024-03-31 10240295 frs-countries:EnglandWales 2023-07-01 2024-03-31 10240295 2022-06-30 10240295 2023-06-30 10240295 2022-07-01 2023-06-30 10240295 frs-core:CurrentFinancialInstruments 2023-06-30 10240295 frs-core:Non-currentFinancialInstruments 2023-06-30 10240295 frs-core:RevaluationReserve 2023-06-30 10240295 frs-core:ShareCapital 2023-06-30 10240295 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10240295
Wymondham Abbey Project Ltd
Unaudited Financial Statements
For the Period 1 July 2023 to 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10240295
31 March 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,603,176 2,603,014
2,603,176 2,603,014
CURRENT ASSETS
Debtors 5 181,927 90,885
Cash at bank and in hand 8,454 4,645
190,381 95,530
Creditors: Amounts Falling Due Within One Year 6 (99,780 ) (47,640 )
NET CURRENT ASSETS (LIABILITIES) 90,601 47,890
TOTAL ASSETS LESS CURRENT LIABILITIES 2,693,777 2,650,904
Creditors: Amounts Falling Due After More Than One Year 7 (1,453,000 ) (1,453,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (291,145 ) (291,145 )
NET ASSETS 949,632 906,759
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 870,422 870,422
Profit and Loss Account 79,110 36,237
SHAREHOLDERS' FUNDS 949,632 906,759
Page 1
Page 2
For the period ending 31 March 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
Mr B Smith
Director
25/09/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wymondham Abbey Project Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10240295 . The registered office is 86-90 Paul Street, London, EC2A 4NE.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. 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 Not depreciated
Plant & Machinery 20% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 25% reducing balance
Freehold property is held at fair value. Fair value is determined annually and derived from the current market rates for comparable real estate adjusted if necessary for any differences in nature, location of condition of the specific asset. Changes in fair value are recognised in the revaluation reserve. 
2.4. 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 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.
...CONTINUED
Page 3
Page 4
2.4. Taxation - continued
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 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 period was: 2 (2023: 3)
2 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 July 2023 2,600,000 300 692 11,132 2,612,124
Additions - 1,075 - - 1,075
As at 31 March 2024 2,600,000 1,375 692 11,132 2,613,199
Depreciation
As at 1 July 2023 - 146 249 8,715 9,110
Provided during the period - 85 89 739 913
As at 31 March 2024 - 231 338 9,454 10,023
Net Book Value
As at 31 March 2024 2,600,000 1,144 354 1,678 2,603,176
As at 1 July 2023 2,600,000 154 443 2,417 2,603,014
The director has assessed the fair value of the freehold property held. No valuations have been provided by an external independent valuer. 
Page 4
Page 5
5. Debtors
31 March 2024 30 June 2023
£ £
Due within one year
Trade debtors 6,488 15
Amounts owed by group undertakings 161,900 88,112
Other debtors 13,539 2,758
181,927 90,885
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 30 June 2023
£ £
Trade creditors 30,320 23,383
Other creditors 12,584 4,865
Taxation and social security 56,876 19,392
99,780 47,640
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 30 June 2023
£ £
Bank loans 1,453,000 1,453,000
8. Secured Creditors
Included within creditors is a loan of £1,453,000 (2023: £1,453,000) which is secured against freehold property.
9. Share Capital
31 March 2024 30 June 2023
£ £
Allotted, Called up and fully paid 100 100
10. Reserves
Revaluation Reserve
£
As at 1 July 2023 870,422
As at 31 March 2024 870,422
Page 5
Page 6
11. Related Party Transactions
Included within debtors are amounts totalling £161,901 (2023: £81,568) owed by companies under the common control of the director.
These amounts are interest free, unsecured and repayable upon demand.
Also included in the debtors is a loan of £10,124 (2023: £27,336) owing from the director. This loan is unsecured, interest free and repayable on demand. 
12. Year-End Change
The prior period is a longer period than the current period due to a change of year-end in the current period to align with other group companies.  Prior year comparatives are for a 12 month period however the current period is for 9 months, therefore, the figures are not directly comparable. 
Page 6