Acorah Software Products - Accounts Production 14.5.601 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 04867728 Mr Andrew Heath Mrs Helen Heath Mrs Helen Heath Mr Andrew Heath and Mrs Helen Heath false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04867728 2022-12-31 04867728 2023-12-31 04867728 2023-01-01 2023-12-31 04867728 frs-core:CurrentFinancialInstruments 2023-12-31 04867728 frs-core:NetGoodwill 2023-12-31 04867728 frs-core:NetGoodwill 2023-01-01 2023-12-31 04867728 frs-core:NetGoodwill 2022-12-31 04867728 frs-core:MotorVehicles 2023-12-31 04867728 frs-core:MotorVehicles 2023-01-01 2023-12-31 04867728 frs-core:MotorVehicles 2022-12-31 04867728 frs-core:PlantMachinery 2023-12-31 04867728 frs-core:PlantMachinery 2023-01-01 2023-12-31 04867728 frs-core:PlantMachinery 2022-12-31 04867728 frs-core:ShareCapital 2023-12-31 04867728 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04867728 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04867728 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04867728 frs-bus:SmallEntities 2023-01-01 2023-12-31 04867728 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04867728 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04867728 1 2023-01-01 2023-12-31 04867728 frs-bus:Director1 2023-01-01 2023-12-31 04867728 frs-bus:Director2 2023-01-01 2023-12-31 04867728 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 04867728 frs-countries:EnglandWales 2023-01-01 2023-12-31 04867728 2021-12-31 04867728 2022-12-31 04867728 2022-01-01 2022-12-31 04867728 frs-core:CurrentFinancialInstruments 2022-12-31 04867728 frs-core:ShareCapital 2022-12-31 04867728 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 04867728
Andrew Heath Limited
Financial Statements
For The Year Ended 31 December 2023
Arthur G Edwards & Co Limited
Chartered Certified Accountants
Alexandra House
74 Moorland Road
Stoke-on-Trent
Staffs
ST6 1DY
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04867728
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 1,250
Tangible Assets 5 145,366 117,102
145,366 118,352
CURRENT ASSETS
Stocks 487,160 459,340
Debtors 6 36,566 16,008
Cash at bank and in hand 96,338 227,621
620,064 702,969
Creditors: Amounts Falling Due Within One Year 7 (451,686 ) (510,542 )
NET CURRENT ASSETS (LIABILITIES) 168,378 192,427
TOTAL ASSETS LESS CURRENT LIABILITIES 313,744 310,779
PROVISIONS FOR LIABILITIES
Deferred Taxation (27,280 ) (21,797 )
NET ASSETS 286,464 288,982
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 286,264 288,782
SHAREHOLDERS' FUNDS 286,464 288,982
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 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 Andrew Heath
Director
13/03/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Andrew Heath Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04867728 . The registered office is Alexandra House, 74 Moorland Road, Stoke-on-Trent, Staffs, ST6 1DY.
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 represents the invoiced value excluding value added tax of goods and services supplied by the company during the year.
2.3. 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 20 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation. 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 25% reducing balance
Motor Vehicles 25% reducing balance
2.5. Stocks and Work in Progress
Stock is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 
2.6. Taxation
The corporation tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of adjustments made for capital allowance claims and disallowed items of expenditure. 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 in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax is measured at the tax rates that are expected to apply in the period in which the assets are 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.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 25,000
As at 31 December 2023 25,000
Amortisation
As at 1 January 2023 23,750
Provided during the period 1,250
As at 31 December 2023 25,000
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2023 53,770 194,839 248,609
Additions - 66,000 66,000
Disposals - (2,688 ) (2,688 )
As at 31 December 2023 53,770 258,151 311,921
Depreciation
As at 1 January 2023 51,388 80,119 131,507
Provided during the period 596 35,975 36,571
Disposals - (1,523 ) (1,523 )
As at 31 December 2023 51,984 114,571 166,555
Net Book Value
As at 31 December 2023 1,786 143,580 145,366
As at 1 January 2023 2,382 114,720 117,102
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 35,484 14,364
Prepayments and accrued income 1,082 1,644
36,566 16,008
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - (1 )
Bank loans and overdrafts - 417
Corporation tax 2,569 25,945
Other taxes and social security 1,316 1,197
VAT 4,021 37,903
Accruals and deferred income 4,550 4,643
Directors' loan accounts 439,230 440,438
451,686 510,542
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 200 200
9. Controlling Party
The company's controlling parties are Mr Andrew Heath and Mrs Helen Heath by virtue of their ownership of 100% of the issued share capital in the company (50% each).
Page 5