Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08631104 Mr Douglas Hannah Mr Jason Savage iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08631104 2024-03-31 08631104 2025-03-31 08631104 2024-04-01 2025-03-31 08631104 frs-core:CurrentFinancialInstruments 2025-03-31 08631104 frs-core:ComputerEquipment 2025-03-31 08631104 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08631104 frs-core:ComputerEquipment 2024-03-31 08631104 frs-core:FurnitureFittings 2025-03-31 08631104 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08631104 frs-core:FurnitureFittings 2024-03-31 08631104 frs-core:ShareCapital 2025-03-31 08631104 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08631104 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08631104 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08631104 frs-bus:SmallEntities 2024-04-01 2025-03-31 08631104 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08631104 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08631104 frs-bus:Director1 2024-04-01 2025-03-31 08631104 frs-bus:Director2 2024-04-01 2025-03-31 08631104 frs-countries:EnglandWales 2024-04-01 2025-03-31 08631104 2023-03-31 08631104 2024-03-31 08631104 2023-04-01 2024-03-31 08631104 frs-core:CurrentFinancialInstruments 2024-03-31 08631104 frs-core:ShareCapital 2024-03-31 08631104 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08631104
Wombat Creative Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
MAP ACCOUNTANTS LTD
16 Blackfriars Street
Manchester
M3 5BQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08631104
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,469 9,209
8,469 9,209
CURRENT ASSETS
Debtors 5 31,980 26,884
Cash at bank and in hand 78,317 99,694
110,297 126,578
Creditors: Amounts Falling Due Within One Year 6 (107,984 ) (102,650 )
NET CURRENT ASSETS (LIABILITIES) 2,313 23,928
TOTAL ASSETS LESS CURRENT LIABILITIES 10,782 33,137
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (1,609 ) (1,750 )
NET ASSETS 9,173 31,387
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 9,073 31,287
SHAREHOLDERS' FUNDS 9,173 31,387
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 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 Douglas Hannah
Director
22nd December 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
Wombat Creative Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08631104 . The registered office is The Guild , 5 Abbey Street , Carlisle , Cumbria , CA3 8TX.
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.
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:
Fixtures & Fittings 10% Straight Line
Computer Equipment 33% Straight Line
2.4. 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.
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.
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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 7)
7 7
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 8,479 11,242 19,721
Additions 275 3,560 3,835
Disposals - (2,084 ) (2,084 )
As at 31 March 2025 8,754 12,718 21,472
Depreciation
As at 1 April 2024 3,912 6,600 10,512
Provided during the period 853 3,533 4,386
Disposals - (1,895 ) (1,895 )
As at 31 March 2025 4,765 8,238 13,003
Net Book Value
As at 31 March 2025 3,989 4,480 8,469
As at 1 April 2024 4,567 4,642 9,209
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 30,124 25,648
Prepayments and accrued income 1,856 1,236
31,980 26,884
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,394 2,789
Corporation tax 4,525 3,021
Other taxes and social security 15,704 19,968
Other creditors 68,366 55,282
Accruals and deferred income 17,995 21,590
107,984 102,650
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 1,609 1,750
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5