Acorah Software Products - Accounts Production 14.5.601 false true true 30 April 2023 1 May 2022 false 1 May 2023 31 December 2023 31 December 2023 13342140 Mr Max Bramwell Mr Simon Tomlinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13342140 2023-04-30 13342140 2023-12-31 13342140 2023-05-01 2023-12-31 13342140 frs-core:CurrentFinancialInstruments 2023-12-31 13342140 frs-core:ComputerEquipment 2023-12-31 13342140 frs-core:ComputerEquipment 2023-05-01 2023-12-31 13342140 frs-core:ComputerEquipment 2023-04-30 13342140 frs-core:FurnitureFittings 2023-12-31 13342140 frs-core:FurnitureFittings 2023-05-01 2023-12-31 13342140 frs-core:FurnitureFittings 2023-04-30 13342140 frs-core:ShareCapital 2023-12-31 13342140 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13342140 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2023-12-31 13342140 frs-bus:FilletedAccounts 2023-05-01 2023-12-31 13342140 frs-bus:SmallEntities 2023-05-01 2023-12-31 13342140 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2023-12-31 13342140 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2023-12-31 13342140 frs-core:UnlistedNon-exchangeTraded 2023-12-31 13342140 frs-core:UnlistedNon-exchangeTraded 2023-04-30 13342140 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-30 13342140 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 13342140 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 13342140 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-30 13342140 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 13342140 frs-bus:Director1 2023-05-01 2023-12-31 13342140 frs-bus:Director2 2023-05-01 2023-12-31 13342140 frs-countries:EnglandWales 2023-05-01 2023-12-31 13342140 2022-04-30 13342140 2023-04-30 13342140 2022-05-01 2023-04-30 13342140 frs-core:CurrentFinancialInstruments 2023-04-30 13342140 frs-core:Non-currentFinancialInstruments 2023-04-30 13342140 frs-core:ShareCapital 2023-04-30 13342140 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 13342140
Happier Digital Limited
Financial Statements
For the Period 1 May 2023 to 31 December 2023
Gravitate Accounting
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13342140
31 December 2023 30 April 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 6,913
Investments 5 40 -
40 6,913
CURRENT ASSETS
Debtors 6 907 3,639
Cash at bank and in hand - 9,956
907 13,595
Creditors: Amounts Falling Due Within One Year 7 (547 ) (11,437 )
NET CURRENT ASSETS (LIABILITIES) 360 2,158
TOTAL ASSETS LESS CURRENT LIABILITIES 400 9,071
NET ASSETS 400 9,071
CAPITAL AND RESERVES
Called up share capital 8 400 400
Profit and Loss Account - 8,671
SHAREHOLDERS' FUNDS 400 9,071
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For the period 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 Max Bramwell
Director
Mr Simon Tomlinson
Director
30/04/2024
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
Happier Digital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13342140 . The registered office is Unit 13 E, 92 Burton Road, Sheffield, South Yorkshire, S3 8BX.
The reporting period for these financial statements is 01 May 2023 to 31 December 2023, a period of less than one year. This is due to the change in the accounting reference date from 30 April to 31 December, therefore the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.
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 believe that the going concern basis is not appropriate. The company has ceased trading and the directors intend to place the company into liquidation.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Fixtures & Fittings 33.33% Straight Line
Computer Equipment 33.33% Straight Line
2.5. 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2023: 1)
2 1
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 791 8,077 8,868
Disposals (791 ) (8,077 ) (8,868 )
Depreciation
As at 1 May 2023 126 1,829 1,955
Disposals (126 ) (1,829 ) (1,955 )
As at 31 December 2023 - - -
Net Book Value
As at 31 December 2023 - - -
As at 1 May 2023 665 6,248 6,913
5. Investments
Unlisted
£
Cost
As at 1 May 2023 -
Additions 40
As at 31 December 2023 40
Provision
As at 1 May 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 40
As at 1 May 2023 -
6. Debtors
31 December 2023 30 April 2023
£ £
Due within one year
Other debtors 907 -
907 -
Due after more than one year
Trade debtors - 3,639
- 3,639
907 3,639
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7. Creditors: Amounts Falling Due Within One Year
31 December 2023 30 April 2023
£ £
Bank loans and overdrafts - 1,200
Other creditors 547 9,323
Taxation and social security - 914
547 11,437
8. Share Capital
31 December 2023 30 April 2023
£ £
Allotted, Called up and fully paid 400 400
9. Related Party Transactions
Included within Other Debtors are loans to related parties amounting to £907 (Last period £Nil). Included within Other Creditors are loans from related parties amounting to £547 (Last period £2,954). These loans are unsecured and repayable on demand.
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