Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06806625 Ms Rosie Tanner Mr Alex Mortimer Mr Jason Roberts Ms Sophie Tanner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06806625 2024-03-31 06806625 2025-03-31 06806625 2024-04-01 2025-03-31 06806625 frs-core:CurrentFinancialInstruments 2025-03-31 06806625 frs-core:Non-currentFinancialInstruments 2025-03-31 06806625 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 06806625 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06806625 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 06806625 frs-core:MotorVehicles 2025-03-31 06806625 frs-core:MotorVehicles 2024-04-01 2025-03-31 06806625 frs-core:MotorVehicles 2024-03-31 06806625 frs-core:PlantMachinery 2025-03-31 06806625 frs-core:PlantMachinery 2024-04-01 2025-03-31 06806625 frs-core:PlantMachinery 2024-03-31 06806625 frs-core:ShareCapital 2025-03-31 06806625 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06806625 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06806625 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06806625 frs-bus:SmallEntities 2024-04-01 2025-03-31 06806625 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06806625 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06806625 frs-bus:Director1 2024-04-01 2025-03-31 06806625 frs-bus:Director2 2024-04-01 2025-03-31 06806625 frs-bus:Director3 2024-04-01 2025-03-31 06806625 frs-bus:Director3 2024-03-31 06806625 frs-bus:Director3 2025-03-31 06806625 frs-bus:Director4 2024-04-01 2025-03-31 06806625 frs-countries:EnglandWales 2024-04-01 2025-03-31 06806625 2023-03-31 06806625 2024-03-31 06806625 2023-04-01 2024-03-31 06806625 frs-core:CurrentFinancialInstruments 2024-03-31 06806625 frs-core:Non-currentFinancialInstruments 2024-03-31 06806625 frs-core:ShareCapital 2024-03-31 06806625 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06806625
Land and Wave Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Eden & Co Ltd
20 Mornish Road
Poole
Dorset
BH13 7BZ
Land and Wave Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Land and Wave Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 06806625

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 424,280 |  | 413,040
|  |  | 424,280 |  | 413,040
CURRENT ASSETS
Stocks | 5 | 2,136 |  | 2,819 |
Debtors | 6 | 79,517 |  | 166,748 |
Cash at bank and in hand |  | 943,733 |  | 468,251 |
|  | 1,025,386 |  | 637,818 |
Creditors: Amounts Falling Due Within One Year | 7 | (1,135,589 ) |  | (689,332 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (110,203 ) |  | (51,514 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 314,077 |  | 361,526
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (1,328 ) |  | (11,118 )
NET ASSETS |  |  | 312,749 |  | 350,408
CAPITAL AND RESERVES
Called up share capital | 9 |  | 1,200 |  | 1,200
Profit and Loss Account |  |  | 311,549 |  | 349,208
SHAREHOLDERS' FUNDS |  |  | 312,749 |  | 350,408

Page 1
Page 2
Land and Wave Ltd
Balance Sheet (continued)
As At 31 March 2025
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 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

Mr Jason Roberts Director
04/12/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Land and Wave Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Land and Wave Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06806625 . The registered office is 14 Jaden Centre Prospect Way, Swanage, BH19 1EJ.
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:

Freehold | over 50 years
Plant & Machinery | 25% on reducing balance
Motor Vehicles | 25% on reducing balance

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 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.
Page 3
Page 4
Land and Wave Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.6. Leased asset
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 33 (2024: 38)
33 38
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Motor Vehicles | Total
| £ | £ | £ | £
Cost
As at 1 April 2024 | 310,806 | 334,299 | 144,298 | 789,403
Additions | 221 | 52,781 | 27,505 | 80,507
Disposals | - | (2,683 ) | - | (2,683 )
As at 31 March 2025 | 311,027 | 384,397 | 171,803 | 867,227
Depreciation
As at 1 April 2024 | 61,615 | 201,118 | 113,630 | 376,363
Provided during the period | 6,221 | 45,820 | 14,543 | 66,584
As at 31 March 2025 | 67,836 | 246,938 | 128,173 | 442,947
Net Book Value
As at 31 March 2025 | 243,191 | 137,459 | 43,630 | 424,280
As at 1 April 2024 | 249,191 | 133,181 | 30,668 | 413,040

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 2,136 |  | 2,819

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 36,523 |  | 138,718
Prepayments and accrued income | 37,994 |  | 27,530
Other debtors | - |  | 500
Directors' loan accounts | 5,000 |  | -
| 79,517 |  | 166,748

Page 4
Page 5
Land and Wave Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 39,637 |  | 39,567
Bank loans and overdrafts | 10,000 |  | 10,000
Corporation tax | 31,711 |  | 48,808
Other taxes and social security | 134,681 |  | 57,088
Other creditors | 24,479 |  | 26,096
Accruals and deferred income | 895,081 |  | 507,773
| 1,135,589 |  | 689,332

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 1,328 |  | 11,118

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,200 |  | 1,200

10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 April 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Alex Mortimer | - | 10,000 | 5,000 | - | 5,000

The above loan is unsecured, interest free and repayable on demand.
Page 5