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 12455782 Michael Jowett Melvin Elias Michael Sampoerna Carl Kjellqvist iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12455782 2023-12-31 12455782 2024-12-31 12455782 2024-01-01 2024-12-31 12455782 frs-core:CurrentFinancialInstruments 2024-12-31 12455782 frs-core:Non-currentFinancialInstruments 2024-12-31 12455782 frs-core:FurnitureFittings 2024-12-31 12455782 frs-core:FurnitureFittings 2024-01-01 2024-12-31 12455782 frs-core:FurnitureFittings 2023-12-31 12455782 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 12455782 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 12455782 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 12455782 frs-core:ShareCapital 2024-12-31 12455782 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12455782 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12455782 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12455782 frs-bus:SmallEntities 2024-01-01 2024-12-31 12455782 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12455782 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12455782 frs-bus:Director1 2024-01-01 2024-12-31 12455782 frs-bus:Director2 2024-01-01 2024-12-31 12455782 frs-bus:Director3 2024-01-01 2024-12-31 12455782 frs-bus:Director4 2024-01-01 2024-12-31 12455782 frs-countries:EnglandWales 2024-01-01 2024-12-31 12455782 2022-12-31 12455782 2023-12-31 12455782 2023-01-01 2023-12-31 12455782 frs-core:CurrentFinancialInstruments 2023-12-31 12455782 frs-core:Non-currentFinancialInstruments 2023-12-31 12455782 frs-core:ShareCapital 2023-12-31 12455782 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12455782
Wing Wing Holdings London Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12455782
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 315,371 423,548
315,371 423,548
CURRENT ASSETS
Stocks 9,419 45,044
Debtors 5 196,735 237,110
Cash at bank and in hand 20,715 689
226,869 282,843
Creditors: Amounts Falling Due Within One Year 6 (780,141 ) (567,597 )
NET CURRENT ASSETS (LIABILITIES) (553,272 ) (284,754 )
TOTAL ASSETS LESS CURRENT LIABILITIES (237,901 ) 138,794
Creditors: Amounts Falling Due After More Than One Year 7 (710,919 ) (710,919 )
NET LIABILITIES (948,820 ) (572,125 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (948,920 ) (572,225 )
SHAREHOLDERS' FUNDS (948,820) (572,125)
Page 1
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 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
Michael Jowett
Director
24 September 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wing Wing Holdings London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12455782 . The registered office is 13 Hyde Road, Paignton, Devon, TQ4 5BW.
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.
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:
Leasehold 10% straight line
Fixtures & Fittings 20% straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was 21 (2023: 23)
21 23
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 457,246 381,414 838,660
Additions - 17,289 17,289
As at 31 December 2024 457,246 398,703 855,949
Depreciation
As at 1 January 2024 172,735 242,377 415,112
Provided during the period 45,725 79,741 125,466
As at 31 December 2024 218,460 322,118 540,578
Net Book Value
As at 31 December 2024 238,786 76,585 315,371
As at 1 January 2024 284,511 139,037 423,548
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,236 37,058
Prepayments and accrued income 8,499 3,452
Other debtors 180,000 196,600
196,735 237,110
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 37,601 48,658
VAT 71,941 -
Accruals and deferred income 170,815 36,324
Amounts owed to associates 499,784 482,615
780,141 567,597
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to parent undertaking 710,919 710,919
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5