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Registered number: 11429443
Go for Green Ltd
Unaudited Financial Statements
For The Year Ended 30 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11429443
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 149 291
149 291
CURRENT ASSETS
Stocks 5 1,623 4,500
Debtors 6 165,049 97,651
Cash at bank and in hand 11,870 9,626
178,542 111,777
Creditors: Amounts Falling Due Within One Year 7 (363,317 ) (295,799 )
NET CURRENT ASSETS (LIABILITIES) (184,775 ) (184,022 )
TOTAL ASSETS LESS CURRENT LIABILITIES (184,626 ) (183,731 )
Creditors: Amounts Falling Due After More Than One Year 8 (21,562 ) (15,314 )
NET LIABILITIES (206,188 ) (199,045 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (206,288 ) (199,145 )
SHAREHOLDERS' FUNDS (206,188) (199,045)
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For the year ending 30 August 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
W Whoriskey
Director
28/05/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Go for Green Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11429443 . The registered office is Unit 5 Farnham Business Centre, Dogflud Way, Farnham, Surrey, GU9 7UP.
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
At the balance sheet date, the company had net liabilities of £206,188 (2024: £199,045). The ability of the company to continue trading is dependent on the continued support of the directors and the company’s creditors.The directors are of the opinion that the company will continue to receive this support and on this basis considers it appropriate to prepare the financial statements on a going concern basis. Despite losses arising in the previous two years the Directors have prepared various forecasts for the business, including working capital requirements, projected sales and future costs and are confident the business is able to continue trading for the foreseeable future and at least for the next 12 months. The financial statements do not include any adjustments that would result from the withdrawal of support by the directors and the creditors of the company.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, adjusted for deferred income, excluding discounts, rebates, value added tax and other sales taxes. Revenue is recognised in the month in which the right to consideration arises and when legal title and the significant risks and rewards of ownership have been transferred.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Fixtures & Fittings 33.33% Straight line
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the lease term.
2.6. 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.
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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.
2.8. 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. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
2.9. Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
2.10. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty or notice of not more than 24 hours.
2.11. Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 7)
2 7
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 31 August 2024 9,382
Additions 224
As at 30 August 2025 9,606
Depreciation
As at 31 August 2024 9,091
Provided during the period 366
As at 30 August 2025 9,457
Net Book Value
As at 30 August 2025 149
As at 31 August 2024 291
5. Stocks
2025 2024
£ £
Finished goods 1,623 4,500
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 64,455 41,142
Prepayments and accrued income 600 -
Corporation tax recoverable assets 21,643 10,824
VAT 13,085 12,475
Directors' loan accounts 65,266 33,210
165,049 97,651
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 232,046 168,755
Bank loans and overdrafts 2,850 10,289
Other loans 4,836 3,924
Corporation tax 48,701 35,518
Other taxes and social security 42,911 33,536
Other creditors 12,013 205
Other loan 17,797 41,762
Accruals and deferred income 2,163 1,810
363,317 295,799
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 21,562 15,314
9. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 8,838 8,838
Later than one year and not later than five years 5,893 14,731
14,731 23,569
11. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Pension contributions of £205 (2024: £205) were payable at the balance sheet date.
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 31 August 2024 Amounts advanced Amounts repaid Amounts written off As at 30 August 2025
£ £ £ £ £
Mr Wayne Whoriskey 33,210 44,702 12,646 - 65,266
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