Acorah Software Products - Accounts Production 14.5.601 false true true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 05082424 Mr Mark Cooper Mrs Suzanne Cooper Mrs Suzanne Cooper iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05082424 2022-08-31 05082424 2023-08-31 05082424 2022-09-01 2023-08-31 05082424 frs-core:CurrentFinancialInstruments 2023-08-31 05082424 frs-core:ComputerEquipment 2023-08-31 05082424 frs-core:ComputerEquipment 2022-09-01 2023-08-31 05082424 frs-core:ComputerEquipment 2022-08-31 05082424 frs-core:NetGoodwill 2023-08-31 05082424 frs-core:NetGoodwill 2022-09-01 2023-08-31 05082424 frs-core:NetGoodwill 2022-08-31 05082424 frs-core:PlantMachinery 2023-08-31 05082424 frs-core:PlantMachinery 2022-09-01 2023-08-31 05082424 frs-core:PlantMachinery 2022-08-31 05082424 frs-core:ShareCapital 2023-08-31 05082424 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 05082424 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 05082424 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 05082424 frs-bus:SmallEntities 2022-09-01 2023-08-31 05082424 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 05082424 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 05082424 frs-bus:Director1 2022-09-01 2023-08-31 05082424 frs-bus:Director2 2022-09-01 2023-08-31 05082424 frs-bus:CompanySecretary1 2022-09-01 2023-08-31 05082424 frs-countries:EnglandWales 2022-09-01 2023-08-31 05082424 2021-08-31 05082424 2022-08-31 05082424 2021-09-01 2022-08-31 05082424 frs-core:CurrentFinancialInstruments 2022-08-31 05082424 frs-core:ShareCapital 2022-08-31 05082424 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31
Registered number: 05082424
Hansam Services Limited
Unaudited Financial Statements
For The Year Ended 31 August 2023
Wilkinson Accounting Solutions Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05082424
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 27,547 27,547
Tangible Assets 5 3,319 4,208
30,866 31,755
CURRENT ASSETS
Stocks 6 1,221 1,255
Debtors 7 1,288 1,497
Cash at bank and in hand 296 3,607
2,805 6,359
Creditors: Amounts Falling Due Within One Year 8 (28,370 ) (29,973 )
NET CURRENT ASSETS (LIABILITIES) (25,565 ) (23,614 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,301 8,141
NET ASSETS 5,301 8,141
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account 4,301 7,141
SHAREHOLDERS' FUNDS 5,301 8,141
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For the year ending 31 August 2023 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 Mark Cooper
Director
05/04/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Hansam Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05082424 . The registered office is 38 Hawkshead Way, Peterborough, PE4 7JN.
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
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 .... 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:
Plant & Machinery 18%
Computer Equipment 18%
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.
2.7.
Trade Creditors
Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts Payable are classified as current liabilities if the company does not have an unconditional right at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade Debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2022 67,826
As at 31 August 2023 67,826
Amortisation
As at 1 September 2022 40,279
As at 31 August 2023 40,279
Net Book Value
As at 31 August 2023 27,547
As at 1 September 2022 27,547
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 September 2022 30,322 - 30,322
Additions - 417 417
Disposals (9,999 ) - (9,999 )
As at 31 August 2023 20,323 417 20,740
Depreciation
As at 1 September 2022 26,114 - 26,114
Provided during the period 654 75 729
Disposals (9,422 ) - (9,422 )
As at 31 August 2023 17,346 75 17,421
Net Book Value
As at 31 August 2023 2,977 342 3,319
As at 1 September 2022 4,208 - 4,208
6. Stocks
2023 2022
£ £
Stock 1,221 1,255
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,288 1,497
1,288 1,497
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8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,314 2,496
Corporation tax - 1,364
Other taxes and social security - 3,904
VAT 640 2,564
Other creditors 703 -
Directors' loan accounts 25,713 19,645
28,370 29,973
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
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