Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 07913753 Ms Shubin Wang Shubin Wang true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07913753 2024-01-31 07913753 2025-01-31 07913753 2024-02-01 2025-01-31 07913753 frs-core:CurrentFinancialInstruments 2025-01-31 07913753 frs-core:Non-currentFinancialInstruments 2025-01-31 07913753 frs-core:ComputerEquipment 2025-01-31 07913753 frs-core:ComputerEquipment 2024-02-01 2025-01-31 07913753 frs-core:ComputerEquipment 2024-01-31 07913753 frs-core:FurnitureFittings 2025-01-31 07913753 frs-core:FurnitureFittings 2024-02-01 2025-01-31 07913753 frs-core:FurnitureFittings 2024-01-31 07913753 frs-core:MotorVehicles 2025-01-31 07913753 frs-core:MotorVehicles 2024-02-01 2025-01-31 07913753 frs-core:MotorVehicles 2024-01-31 07913753 frs-core:ShareCapital 2025-01-31 07913753 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 07913753 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 07913753 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 07913753 frs-bus:SmallEntities 2024-02-01 2025-01-31 07913753 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 07913753 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 07913753 1 2024-02-01 2025-01-31 07913753 frs-bus:Director1 2024-02-01 2025-01-31 07913753 frs-countries:EnglandWales 2024-02-01 2025-01-31 07913753 2023-01-31 07913753 2024-01-31 07913753 2023-02-01 2024-01-31 07913753 frs-core:CurrentFinancialInstruments 2024-01-31 07913753 frs-core:Non-currentFinancialInstruments 2024-01-31 07913753 frs-core:ShareCapital 2024-01-31 07913753 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 07913753
Wv And Sons Ltd.
Financial Statements
For The Year Ended 31 January 2025
Simply Accounts
1 Queen's Park Road
Handbridge
Chester
Cheshire
CH4 7AD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07913753
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,727 8,354
9,727 8,354
CURRENT ASSETS
Debtors 5 58,158 55,594
Cash at bank and in hand 3,823 2,304
61,981 57,898
Creditors: Amounts Falling Due Within One Year 6 (22,355 ) (20,983 )
NET CURRENT ASSETS (LIABILITIES) 39,626 36,915
TOTAL ASSETS LESS CURRENT LIABILITIES 49,353 45,269
Creditors: Amounts Falling Due After More Than One Year 7 (17,023 ) (26,420 )
NET ASSETS 32,330 18,849
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 32,329 18,848
SHAREHOLDERS' FUNDS 32,330 18,849
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Page 2
For the year ending 31 January 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 her 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 Shubin Wang
Director
28/10/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Wv And Sons Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 07913753 . The registered office is 1 Queen's Park Road, Handbridge, Chester, Cheshire, CH4 7AD.
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:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 33% reducing balance
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.
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 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: 13 (2024: 13)
13 13
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2024 7,973 21,549 1,916 31,438
Additions - 3,484 80 3,564
As at 31 January 2025 7,973 25,033 1,996 35,002
Depreciation
As at 1 February 2024 4,803 16,365 1,916 23,084
Provided during the period 793 1,385 13 2,191
As at 31 January 2025 5,596 17,750 1,929 25,275
Net Book Value
As at 31 January 2025 2,377 7,283 67 9,727
As at 1 February 2024 3,170 5,184 - 8,354
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 13,493 10,674
Prepayments and accrued income - 420
13,493 11,094
Due after more than one year
Other debtors - East Investment Holdings 44,665 44,500
58,158 55,594
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 7,196 8,778
Bank loans and overdrafts 6,536 700
Corporation tax 2,786 1,786
Other taxes and social security 5,828 1,795
Net wages - 7,924
Director's loan account 9 -
22,355 20,983
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 17,023 26,420
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
10. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 500 8,604
11. Ultimate Controlling Party
The company's ultimate controlling party is Shubin Wang by virtue of his ownership of 100% of the issued share capital in the company.
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