Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 11484714 Mrs Aurelija Aviziene iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11484714 2022-07-31 11484714 2023-07-31 11484714 2022-08-01 2023-07-31 11484714 frs-core:CurrentFinancialInstruments 2023-07-31 11484714 frs-core:MotorVehicles 2023-07-31 11484714 frs-core:MotorVehicles 2022-08-01 2023-07-31 11484714 frs-core:MotorVehicles 2022-07-31 11484714 frs-core:ShareCapital 2023-07-31 11484714 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 11484714 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 11484714 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 11484714 frs-bus:SmallEntities 2022-08-01 2023-07-31 11484714 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 11484714 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 11484714 frs-bus:Director1 2022-08-01 2023-07-31 11484714 frs-countries:EnglandWales 2022-08-01 2023-07-31 11484714 2021-07-31 11484714 2022-07-31 11484714 2021-08-01 2022-07-31 11484714 frs-core:CurrentFinancialInstruments 2022-07-31 11484714 frs-core:ShareCapital 2022-07-31 11484714 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31 11484714 frs-core:CurrentFinancialInstruments 3 2022-07-31
Registered number: 11484714
Home Decisions Store Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11484714
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,753 24,829
15,753 24,829
CURRENT ASSETS
Debtors 5 (29,081 ) (18,714 )
Cash at bank and in hand (4,899 ) 4,524
(33,980 ) (14,190 )
Creditors: Amounts Falling Due Within One Year 6 (30,803 ) (45,184 )
NET CURRENT ASSETS (LIABILITIES) (64,783 ) (59,374 )
TOTAL ASSETS LESS CURRENT LIABILITIES (49,030 ) (34,545 )
NET LIABILITIES (49,030 ) (34,545 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (49,130 ) (34,645 )
SHAREHOLDERS' FUNDS (49,030) (34,545)
Page 1
Page 2
For the year ending 31 July 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 her 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
Mrs Aurelija Aviziene
Director
30th April 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
Home Decisions Store Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11484714 . The registered office is 42 Monmouth Road, Dagenham, Essex, RM9 5DH.
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 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.
2.3. 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:
Motor Vehicles Over their useful life of 5 years
2.4. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 9)
5 9
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Page 4
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 August 2022 45,382
As at 31 July 2023 45,382
Depreciation
As at 1 August 2022 20,553
Provided during the period 9,076
As at 31 July 2023 29,629
Net Book Value
As at 31 July 2023 15,753
As at 1 August 2022 24,829
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors (673 ) (673 )
Prepayments and accrued income (28,408 ) -
Other debtors - (18,041 )
(29,081 ) (18,714 )
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 17,569 21,113
Corporation tax 5,509 5,509
Other taxes and social security 4,127 4,762
Other creditors - 4,200
Other creditors (3) - 9,600
Director's loan account 3,598 -
30,803 45,184
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4