Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 26 September 2025 1 January 2024 31 December 2024 31 December 2024 10976613 Mr David Nyland Mr Tony Garcia Ms Sophie Hamon Constellation Software Inc true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10976613 2023-12-31 10976613 2024-12-31 10976613 2024-01-01 2024-12-31 10976613 frs-core:CurrentFinancialInstruments 2024-12-31 10976613 frs-core:ComputerEquipment 2024-12-31 10976613 frs-core:ComputerEquipment 2024-01-01 2024-12-31 10976613 frs-core:ComputerEquipment 2023-12-31 10976613 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-01-01 2024-12-31 10976613 frs-core:NetGoodwill 2024-12-31 10976613 frs-core:NetGoodwill 2024-01-01 2024-12-31 10976613 frs-core:NetGoodwill 2023-12-31 10976613 frs-core:OtherResidualIntangibleAssets 2024-12-31 10976613 frs-core:OtherResidualIntangibleAssets 2023-12-31 10976613 frs-core:PlantMachinery 2024-12-31 10976613 frs-core:PlantMachinery 2024-01-01 2024-12-31 10976613 frs-core:PlantMachinery 2023-12-31 10976613 frs-core:SharePremium 2024-12-31 10976613 frs-core:ShareCapital 2024-12-31 10976613 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10976613 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10976613 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10976613 frs-bus:SmallEntities 2024-01-01 2024-12-31 10976613 frs-bus:Audited 2024-01-01 2024-12-31 10976613 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10976613 1 2024-01-01 2024-12-31 10976613 frs-bus:Director1 2024-01-01 2024-12-31 10976613 frs-bus:Director2 2024-01-01 2024-12-31 10976613 frs-bus:Director3 2024-01-01 2024-12-31 10976613 frs-countries:EnglandWales 2024-01-01 2024-12-31 10976613 2022-12-31 10976613 2023-12-31 10976613 2023-01-01 2023-12-31 10976613 frs-core:CurrentFinancialInstruments 2023-12-31 10976613 frs-core:SharePremium 2023-12-31 10976613 frs-core:ShareCapital 2023-12-31 10976613 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10976613
WDS Mobile Limited
Financial Statements
For The Year Ended 31 December 2024
Albaraka Limited
Chartered Certified Accountants & Registered Auditors
The Porter Building
Spaces. 1 Brunel Way
Slough
Berkshire
SL1 1FQ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Balance Sheet
Registered number: 10976613
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 3,687 6,729
3,687 6,729
CURRENT ASSETS
Debtors 6 2,319,351 1,239,314
Cash at bank and in hand 284,010 902,609
2,603,361 2,141,923
Creditors: Amounts Falling Due Within One Year 7 (1,152,791 ) (1,204,086 )
NET CURRENT ASSETS (LIABILITIES) 1,450,570 937,837
TOTAL ASSETS LESS CURRENT LIABILITIES 1,454,257 944,566
NET ASSETS 1,454,257 944,566
CAPITAL AND RESERVES
Called up share capital 8 3 3
Share premium account 296,518 296,518
Profit and Loss Account 1,157,736 648,045
SHAREHOLDERS' FUNDS 1,454,257 944,566
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
Ms Sophie Hamon
Director
25/09/2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
WDS Mobile Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10976613 . The registered office is Bourne House, 23 Hinton Road, Bournemouth, BH1 2EF.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The company is dependent upon the support of its ultimate parent company, Lumine Group Inc. and its subsidiaries.
Having made appropriate enquiries and having reviewed the company's forecasts and
projections and the support Lumine Group Inc., the directors are of the opinion that the company
has adequate resources to continue in operational existence for the foreseeable future (at least
12 months from the date the accounts are approved and signed) and to meet its obligations and
settle its liabilities as they fall due for payment. Accordingly, the financial statements are
prepared on the going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 4.25 years.
2.5. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are the value of knowledge rights aquired on the acquisition of a business. It is amortised to the profit and loss account over its estimated economic life of 2.25 years.
2.6. 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 Straight line over the life of asset -5 years
Computer Equipment Straight line over the life of asset -3 year
2.7. 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.
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2.8. 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.
2.9. Judgements and estimation uncertainty
In determining the carrying amounts of certain assets and liabilities, the directors make assumptions of the effects of future events based on those assets and liabilities at the balance sheet date. The estimates and assumptions are based on historical experience and expectation of future events and are reviewed periodically. Further information and other key sources of estimation uncertainty are set out in the notes where appropriate.
2.10. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
2.11. Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
2.12. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
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4. Intangible Assets
Goodwill Other Intangible Assets Total
£ £ £
Cost
As at 1 January 2024 48,453 357,386 405,839
As at 31 December 2024 48,453 357,386 405,839
Amortisation
As at 1 January 2024 48,453 357,386 405,839
As at 31 December 2024 48,453 357,386 405,839
Net Book Value
As at 31 December 2024 - - -
As at 1 January 2024 - - -
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 12,470 24,285 36,755
Additions - 992 992
As at 31 December 2024 12,470 25,277 37,747
Depreciation
As at 1 January 2024 12,470 17,556 30,026
Provided during the period - 4,034 4,034
As at 31 December 2024 12,470 21,590 34,060
Net Book Value
As at 31 December 2024 - 3,687 3,687
As at 1 January 2024 - 6,729 6,729
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 474,880 510,638
Prepayments and accrued income 28,575 26,562
Other debtors 1,260 2,243
VAT 6,214 -
Amounts owed by group undertakings 1,808,422 699,871
2,319,351 1,239,314
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 24,551 20,918
Corporation tax 163,501 117,824
Other taxes and social security 12,393 42,762
VAT - 9,706
Accruals and deferred income 444,848 490,399
Amounts owed to related parties 507,498 522,477
1,152,791 1,204,086
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
9. Dividends
10. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
11. Ultimate Controlling Party
The company's ultimate controlling party is Constellation Software Inc by virtue of his ownership of 100% of the issued share capital in the company.
12. Audit Information
The auditor's report on the accounts of WDS Mobile Limited for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by A .Ashraf , Statutory Auditor.
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