Acorah Software Products - Accounts Production 16.7.461 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07200130 Mr C A Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07200130 2024-03-31 07200130 2025-03-31 07200130 2024-04-01 2025-03-31 07200130 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07200130 frs-core:NetGoodwill 2024-04-01 2025-03-31 07200130 frs-core:PlantMachinery 2024-04-01 2025-03-31 07200130 frs-core:CapitalRedemptionReserve 2025-03-31 07200130 frs-core:RevaluationReserve 2025-03-31 07200130 frs-core:ShareCapital 2025-03-31 07200130 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07200130 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07200130 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 07200130 frs-bus:SmallEntities 2024-04-01 2025-03-31 07200130 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07200130 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07200130 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 07200130 frs-bus:OrdinaryShareClass1 2025-03-31 07200130 frs-bus:Director1 2024-04-01 2025-03-31 07200130 frs-bus:Director1 2024-03-31 07200130 frs-bus:Director1 2025-03-31 07200130 frs-countries:EnglandWales 2024-04-01 2025-03-31 07200130 2023-03-31 07200130 2024-03-31 07200130 2023-04-01 2024-03-31 07200130 frs-core:CapitalRedemptionReserve 2024-03-31 07200130 frs-core:RevaluationReserve 2024-03-31 07200130 frs-core:ShareCapital 2024-03-31 07200130 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07200130 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31
Registered number: 07200130
Dr C Wilson Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
HSJ Accountants Ltd
Severn House
Hazell Drive
Newport
NP10 8FY
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 07200130
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 19,304 22,381
19,304 22,381
CURRENT ASSETS
Debtors 222,694 174,411
Cash at bank and in hand 49,542 32,768
272,236 207,179
Creditors: Amounts Falling Due Within One Year (165,828 ) (159,698 )
NET CURRENT ASSETS (LIABILITIES) 106,408 47,481
TOTAL ASSETS LESS CURRENT LIABILITIES 125,712 69,862
PROVISIONS FOR LIABILITIES
Deferred Taxation - (5,595 )
NET ASSETS 125,712 64,267
CAPITAL AND RESERVES
Called up share capital 6 100 100
Revaluation reserve (2,000 ) (2,000 )
Capital redemption reserve 2,000 2,000
Profit and Loss Account 125,612 64,167
SHAREHOLDERS' FUNDS 125,712 64,267
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr C A Wilson
Director
1 December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Dr C Wilson Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07200130 . The registered office is Severn House, Hazell Drive, Newport, NP10 8FY.
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 identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. Significant judgements and estimations
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period the revision and future periods where the revisions affects both current and future periods
2.4. 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.
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.
2.5. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.6. 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:
Plant & Machinery 20% reducing balance
Fixtures & Fittings 25% reducing balance
Page 3
Page 4
2.7. 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: 2 (2024: 2)
2 2
4. Intangible Assets
Total
£
Cost
As at 1 April 2024 60,000
As at 31 March 2025 60,000
Amortisation
As at 1 April 2024 60,000
As at 31 March 2025 60,000
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Total
£
Cost
As at 1 April 2024 66,969
Additions 8,692
Disposals (39,637 )
As at 31 March 2025 36,024
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 April 2024 44,588
Provided during the period 5,680
Disposals (33,548 )
As at 31 March 2025 16,720
Net Book Value
As at 31 March 2025 19,304
As at 1 April 2024 22,381
6. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
7. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Christopher Wilson 505 (57,287 ) 57,287 - -
During the year the company made unsecured, interest free, repayable on demand loans to the director via the provision of a facility which could be drawn against. At the balance sheet date the company owed the director £1,769 (2024: £505).
Page 5