Acorah Software Products - Accounts Production 16.8.310 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 08684926 Mr Robert Wong Mrs Parasto Soltani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08684926 2023-09-30 08684926 2024-09-30 08684926 2023-10-01 2024-09-30 08684926 frs-core:CurrentFinancialInstruments 2024-09-30 08684926 frs-core:Non-currentFinancialInstruments 2024-09-30 08684926 frs-core:ComputerEquipment 2024-09-30 08684926 frs-core:ComputerEquipment 2023-10-01 2024-09-30 08684926 frs-core:ComputerEquipment 2023-09-30 08684926 frs-core:FurnitureFittings 2024-09-30 08684926 frs-core:FurnitureFittings 2023-10-01 2024-09-30 08684926 frs-core:FurnitureFittings 2023-09-30 08684926 frs-core:NetGoodwill 2024-09-30 08684926 frs-core:NetGoodwill 2023-10-01 2024-09-30 08684926 frs-core:NetGoodwill 2023-09-30 08684926 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 08684926 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08684926 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 08684926 frs-core:ShareCapital 2024-09-30 08684926 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 08684926 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08684926 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 08684926 frs-bus:SmallEntities 2023-10-01 2024-09-30 08684926 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08684926 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 08684926 frs-bus:Director1 2023-10-01 2024-09-30 08684926 frs-bus:Director2 2023-10-01 2024-09-30 08684926 frs-countries:EnglandWales 2023-10-01 2024-09-30 08684926 2022-09-30 08684926 2023-09-30 08684926 2022-10-01 2023-09-30 08684926 frs-core:CurrentFinancialInstruments 2023-09-30 08684926 frs-core:Non-currentFinancialInstruments 2023-09-30 08684926 frs-core:ShareCapital 2023-09-30 08684926 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 08684926
R Wong Associates Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Maurice J Bushell & Co Ltd.
Accountants
Epsilon House
Ipswich
Suffolk
IP3 9FJ
R Wong Associates Ltd
Contents
Contents

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

Page 1
R Wong Associates Ltd
Balance Sheet
As At 30 September 2024
Balance Sheet
Registered number: 08684926

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 364,413 |  | 384,853
Tangible Assets | 5 |  | 150,937 |  | 170,408
|  |  | 515,350 |  | 555,261
CURRENT ASSETS
Debtors | 6 | 78,997 |  | 100,225 |
Cash at bank and in hand |  | 143,695 |  | 52,112 |
|  | 222,692 |  | 152,337 |
Creditors: Amounts Falling Due Within One Year | 7 | (184,894 ) |  | (143,645 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 37,798 |  | 8,692
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 553,148 |  | 563,953
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (367,157 ) |  | (414,853 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (16,684 ) |  | (18,560 )
NET ASSETS |  |  | 169,307 |  | 130,540
CAPITAL AND RESERVES
Called up share capital | 9 |  | 2 |  | 2
Profit and Loss Account |  |  | 169,305 |  | 130,538
SHAREHOLDERS' FUNDS |  |  | 169,307 |  | 130,540

Page 1
Page 2
R Wong Associates Ltd
Balance Sheet (continued)
As At 30 September 2024
For the year ending 30 September 2024 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 Robert Wong Director
23 February 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
R Wong Associates Ltd
Notes to the Financial Statements
For The Year Ended 30 September 2024
Notes to the Financial Statements
1. General Information
R Wong Associates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08684926 . The registered office is C/O Mjb Avanti, Office 12 Epsilon House, West Road, Ipswich, IP3 9FJ.
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 not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 25 years.
2.5. 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 | 2% on cost
Fixtures & Fittings | 12.5% on cost
Computer Equipment | 12.5% on cost

2.6. 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
R Wong Associates Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2024
2.7. Pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity and has no further payment obligations. The contributions are recognised as an expense in profit or loss in the period as employees provide service. Amounts due but unpaid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 October 2023 | 511,000
As at 30 September 2024 | 511,000
Amortisation
As at 1 October 2023 | 126,147
Provided during the period | 20,440
As at 30 September 2024 | 146,587
Net Book Value
As at 30 September 2024 | 364,413
As at 1 October 2023 | 384,853

5. Tangible Assets

| Land & Property
--- | ---
| Freehold | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £
Cost
As at 1 October 2023 | 87,707 | 147,918 | 10,619 | 246,244
Additions | - | 2,344 | - | 2,344
As at 30 September 2024 | 87,707 | 150,262 | 10,619 | 248,588
Depreciation
As at 1 October 2023 | 1,754 | 65,895 | 8,187 | 75,836
Provided during the period | 1,754 | 18,734 | 1,327 | 21,815
As at 30 September 2024 | 3,508 | 84,629 | 9,514 | 97,651
Net Book Value
As at 30 September 2024 | 84,199 | 65,633 | 1,105 | 150,937
As at 1 October 2023 | 85,953 | 82,023 | 2,432 | 170,408

6. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 78,997 |  | 100,225

Page 4
Page 5
R Wong Associates Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2024
7. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 53,789 |  | 30,360
Corporation tax | 84,335 |  | 32,903
Other taxes and social security | 7,344 |  | 123
Net wages | 977 |  | -
Penions payable | 521 |  | 484
Accruals and deferred income | 4,380 |  | 4,210
Directors' loan accounts | 33,548 |  | 75,565
| 184,894 |  | 143,645

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

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans | 367,157 |  | 414,853

9. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

10. Related party transactions
During the year, the company had the following transactions with CA Partners Ltd, a company under common control:

- At the balance sheet date, the company was owed £78,997.05 by (2024: £ 100,224.96) CA Partners Ltd.
- The balance is unsecured, interest-free, and repayable on demand.
- No provision for doubtful debts has been made in respect of this amount

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