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 11176122 Ms Claire STOREY Mr David ORME iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11176122 2024-03-31 11176122 2025-03-31 11176122 2024-04-01 2025-03-31 11176122 frs-core:CurrentFinancialInstruments 2025-03-31 11176122 frs-core:Non-currentFinancialInstruments 2025-03-31 11176122 frs-core:FurnitureFittings 2025-03-31 11176122 frs-core:FurnitureFittings 2024-04-01 2025-03-31 11176122 frs-core:FurnitureFittings 2024-03-31 11176122 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 11176122 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 11176122 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 11176122 frs-core:PlantMachinery 2025-03-31 11176122 frs-core:PlantMachinery 2024-04-01 2025-03-31 11176122 frs-core:PlantMachinery 2024-03-31 11176122 frs-core:ShareCapital 2025-03-31 11176122 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11176122 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11176122 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11176122 frs-bus:SmallEntities 2024-04-01 2025-03-31 11176122 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11176122 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11176122 frs-bus:Director1 2024-04-01 2025-03-31 11176122 frs-bus:Director2 2024-04-01 2025-03-31 11176122 frs-countries:EnglandWales 2024-04-01 2025-03-31 11176122 2023-03-31 11176122 2024-03-31 11176122 2023-04-01 2024-03-31 11176122 frs-core:CurrentFinancialInstruments 2024-03-31 11176122 frs-core:Non-currentFinancialInstruments 2024-03-31 11176122 frs-core:ShareCapital 2024-03-31 11176122 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11176122
THE WORKPLACE NETWORK LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11176122
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 121,582 153,416
121,582 153,416
CURRENT ASSETS
Debtors 5 20,933 19,717
Cash at bank and in hand 154,958 85,152
175,891 104,869
Creditors: Amounts Falling Due Within One Year 6 (16,538 ) (274,243 )
NET CURRENT ASSETS (LIABILITIES) 159,353 (169,374 )
TOTAL ASSETS LESS CURRENT LIABILITIES 280,935 (15,958 )
Creditors: Amounts Falling Due After More Than One Year 7 (239,915 ) 176
NET ASSETS/(LIABILITIES) 41,020 (15,782 )
CAPITAL AND RESERVES
Called up share capital 8 2 (2 )
Profit and Loss Account 41,018 (15,780 )
SHAREHOLDERS' FUNDS 41,020 (15,782)
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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
Ms Claire STOREY
Director
16th December 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
THE WORKPLACE NETWORK LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 11176122 . The registered office is Frogmore House, Ormond Place, Cheltenham, Gloucestershire, GL50 1JD.
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 10% Straight Line
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2024 124,302 88,617 89,423 302,342
Additions - 255 198 453
As at 31 March 2025 124,302 88,872 89,621 302,795
Depreciation
As at 1 April 2024 50,316 47,374 51,236 148,926
Provided during the period 12,430 10,310 9,547 32,287
As at 31 March 2025 62,746 57,684 60,783 181,213
Net Book Value
As at 31 March 2025 61,556 31,188 28,838 121,582
As at 1 April 2024 73,986 41,243 38,187 153,416
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5. Debtors
2025 2024
£ £
Due within one year
Other debtors 20,933 19,717
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 3,000 6,500
Other creditors 6,659 258,775
Taxation and social security 6,879 8,968
16,538 274,243
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 500 -
Amounts owed to participating interests - (176 )
Other creditors 239,415 -
239,915 (176 )
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 (2 )
9. Contingent Assets
The company is pursuing a professional negligence claim against its former accountants in respect of loss of earnings and related costs. The directors consider that the potential recovery can be reliably estimated; however, at the balance sheet date the claim has not been agreed by the counterparty and remains subject to ongoing legal process.
Accordingly, no asset has been recognised in these financial statements, as the directors consider that the recovery is not virtually certain at the balance sheet date.
10. Related Party Transactions
At the balance sheet date, the company owed £239,415 (2024: £249,419) to the directors. The balance is unsecured, interest-free and repayable on demand.
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