Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08328111 Mr Andrew Mangnall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08328111 2024-03-31 08328111 2025-03-31 08328111 2024-04-01 2025-03-31 08328111 frs-core:CurrentFinancialInstruments 2025-03-31 08328111 frs-core:ComputerEquipment 2025-03-31 08328111 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08328111 frs-core:ComputerEquipment 2024-03-31 08328111 frs-core:FurnitureFittings 2025-03-31 08328111 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08328111 frs-core:FurnitureFittings 2024-03-31 08328111 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 08328111 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 08328111 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 08328111 frs-core:MotorVehicles 2025-03-31 08328111 frs-core:MotorVehicles 2024-04-01 2025-03-31 08328111 frs-core:MotorVehicles 2024-03-31 08328111 frs-core:PlantMachinery 2025-03-31 08328111 frs-core:PlantMachinery 2024-04-01 2025-03-31 08328111 frs-core:PlantMachinery 2024-03-31 08328111 frs-core:ShareCapital 2025-03-31 08328111 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08328111 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08328111 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08328111 frs-bus:SmallEntities 2024-04-01 2025-03-31 08328111 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08328111 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08328111 frs-bus:Director1 2024-04-01 2025-03-31 08328111 frs-countries:EnglandWales 2024-04-01 2025-03-31 08328111 2023-03-31 08328111 2024-03-31 08328111 2023-04-01 2024-03-31 08328111 frs-core:CurrentFinancialInstruments 2024-03-31 08328111 frs-core:ShareCapital 2024-03-31 08328111 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08328111
Canoe Wild Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
J & J Accountants and Tax Advisors Limited
Chartered Accountants
27 The Grove
Deal
Kent
CT14 9TL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08328111
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 58,555 68,995
58,555 68,995
CURRENT ASSETS
Stocks 5 - 9
Debtors 6 894 1,654
Cash at bank and in hand 31,339 16,856
32,233 18,519
Creditors: Amounts Falling Due Within One Year 7 (34,507 ) (46,295 )
NET CURRENT ASSETS (LIABILITIES) (2,274 ) (27,776 )
TOTAL ASSETS LESS CURRENT LIABILITIES 56,281 41,219
NET ASSETS 56,281 41,219
CAPITAL AND RESERVES
Called up share capital 8 1,002 1,002
Profit and Loss Account 55,279 40,217
SHAREHOLDERS' FUNDS 56,281 41,219
Page 1
Page 2
For the year ending 31 March 2025 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 Andrew Mangnall
Director
14/10/2025
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
Canoe Wild Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08328111 . The registered office is The Paddle House Grove Ferry Picnic Site, Grove Ferry, Upstreet, Canterbury, Kent, CT3 4BP.
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 5% Straight Line
Plant & Machinery 20% Straight Line
Motor Vehicles 20% Straight Line
Fixtures & Fittings 20% Straight Line
Computer Equipment 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.
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.
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 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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 24 (2024: 24)
24 24
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2024 65,304 141,726 36,698 294
Additions - 1,090 - -
Disposals - (999 ) - -
As at 31 March 2025 65,304 141,817 36,698 294
Depreciation
As at 1 April 2024 6,816 131,624 36,698 174
Provided during the period 3,286 6,901 - 59
As at 31 March 2025 10,102 138,525 36,698 233
Net Book Value
As at 31 March 2025 55,202 3,292 - 61
As at 1 April 2024 58,488 10,102 - 120
Computer Equipment Total
£ £
Cost
As at 1 April 2024 7,133 251,155
Additions - 1,090
Disposals - (999 )
As at 31 March 2025 7,133 251,246
Depreciation
As at 1 April 2024 6,848 182,160
Provided during the period 285 10,531
As at 31 March 2025 7,133 192,691
Net Book Value
As at 31 March 2025 - 58,555
As at 1 April 2024 285 68,995
5. Stocks
2025 2024
£ £
Stock - 9
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 894 1,654
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 11,667 21,667
Other creditors 7,575 13,577
Taxation and social security 15,265 11,051
34,507 46,295
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,002 1,002
Page 5