Acorah Software Products - Accounts Production 16.2.850 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 01857522 Ms Jillian Farbey Mrs Bianca Nilsson Ms Natalie Saxony-Farbey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01857522 2023-12-31 01857522 2024-12-31 01857522 2024-01-01 2024-12-31 01857522 frs-core:CurrentFinancialInstruments 2024-12-31 01857522 frs-core:ComputerEquipment 2024-12-31 01857522 frs-core:ComputerEquipment 2024-01-01 2024-12-31 01857522 frs-core:ComputerEquipment 2023-12-31 01857522 frs-core:FurnitureFittings 2024-12-31 01857522 frs-core:FurnitureFittings 2024-01-01 2024-12-31 01857522 frs-core:FurnitureFittings 2023-12-31 01857522 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 01857522 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 01857522 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 01857522 frs-core:CapitalRedemptionReserve 2024-12-31 01857522 frs-core:SharePremium 2024-12-31 01857522 frs-core:ShareCapital 2024-12-31 01857522 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01857522 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01857522 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 01857522 frs-bus:SmallEntities 2024-01-01 2024-12-31 01857522 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01857522 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01857522 frs-bus:Director1 2024-01-01 2024-12-31 01857522 frs-bus:Director2 2024-01-01 2024-12-31 01857522 frs-bus:Director3 2024-01-01 2024-12-31 01857522 frs-core:CurrentFinancialInstruments 1 2024-12-31 01857522 frs-core:CurrentFinancialInstruments 2 2024-12-31 01857522 frs-countries:EnglandWales 2024-01-01 2024-12-31 01857522 2022-12-31 01857522 2023-12-31 01857522 2023-01-01 2023-12-31 01857522 frs-core:CurrentFinancialInstruments 2023-12-31 01857522 frs-core:CapitalRedemptionReserve 2023-12-31 01857522 frs-core:SharePremium 2023-12-31 01857522 frs-core:ShareCapital 2023-12-31 01857522 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 01857522 frs-core:CurrentFinancialInstruments 1 2023-12-31 01857522 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 01857522
Walter Reginald Group Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Hudson Conway & Co.
70 White Lion Street
Angel
London
N1 9PP
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors Ms Jillian Farbey
Mrs Bianca Nilsson
Ms Natalie Saxony-Farbey
Company Number 01857522
Registered Office Unit 3 Maple Grove Business Centre
Lawrence Road
Hounslow
TW4 6DR
Accountants Hudson Conway & Co.
70 White Lion Street
Angel
London
N1 9PP
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Balance Sheet
Registered number: 01857522
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 621,417 632,361
621,417 632,361
CURRENT ASSETS
Stocks 5 425,220 445,178
Debtors 6 168,413 190,395
Cash at bank and in hand 68,017 173,992
661,650 809,565
Creditors: Amounts Falling Due Within One Year 7 (59,535 ) (158,213 )
NET CURRENT ASSETS (LIABILITIES) 602,115 651,352
TOTAL ASSETS LESS CURRENT LIABILITIES 1,223,532 1,283,713
NET ASSETS 1,223,532 1,283,713
CAPITAL AND RESERVES
Called up share capital 8 183,973 183,973
Share premium account 51,588 51,588
Capital redemption reserve 159,027 159,027
Profit and Loss Account 828,944 889,125
SHAREHOLDERS' FUNDS 1,223,532 1,283,713
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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
Ms Jillian Farbey
Director
14/10/2025
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Walter Reginald Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01857522 . The registered office is Unit 3 Maple Grove Business Centre, Lawrence Road, Hounslow, TW4 6DR.
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.
2.3. 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.
2.4. 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 2% Straight Line
Fixtures & Fittings 10% Reducing balance
Computer Equipment 10% Reducing balance
2.5. 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.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
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4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 655,021 34,982 38,914 728,917
Additions - - 435 435
As at 31 December 2024 655,021 34,982 39,349 729,352
Depreciation
As at 1 January 2024 31,440 28,471 36,645 96,556
Provided during the period 10,480 651 248 11,379
As at 31 December 2024 41,920 29,122 36,893 107,935
Net Book Value
As at 31 December 2024 613,101 5,860 2,456 621,417
As at 1 January 2024 623,581 6,511 2,269 632,361
5. Stocks
2024 2023
£ £
Finished goods 425,220 445,178
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,713 6,083
Prepayments and accrued income 5,708 5,639
Other debtor 159,992 178,673
168,413 190,395
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 29,235 32,839
VAT 2,317 5,734
Company Credit Card 4,358 844
Pension 573 573
Directors' loan accounts 23,052 118,223
59,535 158,213
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 183,973 183,973
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9. Related Party Transactions
Rianna FarbeyLoan BorrowerRianna Farbey has taken Loan from Walter Reginald Group Limited the sum of £200,000.00 at an interest rate of 2% for a repayment length of 120 months.

Rianna Farbey

Loan Borrower

Rianna Farbey has taken Loan from Walter Reginald Group Limited the sum of £200,000.00 at an interest rate of 2% for a repayment length of 120 months.

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