Acorah Software Products - Accounts Production 14.5.601 false true true 31 December 2022 6 December 2021 false 1 January 2023 31 December 2023 31 December 2023 13784717 Mr Justin Kelly Mrs Lucy Kelly iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13784717 2022-12-31 13784717 2023-12-31 13784717 2023-01-01 2023-12-31 13784717 frs-core:CurrentFinancialInstruments 2023-12-31 13784717 frs-core:ComputerEquipment 2023-12-31 13784717 frs-core:ComputerEquipment 2023-01-01 2023-12-31 13784717 frs-core:ComputerEquipment 2022-12-31 13784717 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 13784717 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 13784717 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 13784717 frs-core:PlantMachinery 2023-12-31 13784717 frs-core:PlantMachinery 2023-01-01 2023-12-31 13784717 frs-core:PlantMachinery 2022-12-31 13784717 frs-core:ShareCapital 2023-12-31 13784717 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13784717 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13784717 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13784717 frs-bus:SmallEntities 2023-01-01 2023-12-31 13784717 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13784717 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13784717 frs-bus:Director1 2023-01-01 2023-12-31 13784717 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 13784717 frs-countries:EnglandWales 2023-01-01 2023-12-31 13784717 2021-12-05 13784717 2022-12-31 13784717 2021-12-06 2022-12-31 13784717 frs-core:CurrentFinancialInstruments 2022-12-31 13784717 frs-core:ShareCapital 2022-12-31 13784717 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13784717
How To Basically Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Merranti Accounting Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13784717
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 23,395 25,431
23,395 25,431
CURRENT ASSETS
Debtors 5 590 390
Cash at bank and in hand 5,628 324
6,218 714
Creditors: Amounts Falling Due Within One Year 6 (92,202 ) (63,449 )
NET CURRENT ASSETS (LIABILITIES) (85,984 ) (62,735 )
TOTAL ASSETS LESS CURRENT LIABILITIES (62,589 ) (37,304 )
NET LIABILITIES (62,589 ) (37,304 )
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account (62,590 ) (37,305 )
SHAREHOLDERS' FUNDS (62,589) (37,304)
Page 1
Page 2
For the year ending 31 December 2023 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.
On behalf of the board
Mr Justin Kelly
Director
13 March 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
How To Basically Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13784717 . The registered office is Town Place Farm Sloop Lane, Haywards Heath, West Sussex, RH17 7NP.
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. 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:
Fit-out costs 10% reducing balance
Plant & Machinery 25% reducing balance
Computer Equipment 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Land & Property
Fit-out costs Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 25,271 - 3,583 28,854
Additions - 1,213 - 1,213
As at 31 December 2023 25,271 1,213 3,583 30,067
Depreciation
As at 1 January 2023 2,527 - 896 3,423
Provided during the period 2,274 303 672 3,249
As at 31 December 2023 4,801 303 1,568 6,672
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2023 20,470 910 2,015 23,395
As at 1 January 2023 22,744 - 2,687 25,431
5. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Trade debtors 200 -
Other debtors 390 390
590 390
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Trade creditors 803 -
Other creditors 91,399 63,449
92,202 63,449
Page 4