Acorah Software Products - Accounts Production 14.6.300 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 11302098 Mr Keith Mardel Mr Ashley Routledge Mr Matthew Skeggs iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11302098 2023-04-30 11302098 2024-04-30 11302098 2023-05-01 2024-04-30 11302098 frs-core:CurrentFinancialInstruments 2024-04-30 11302098 frs-core:ShareCapital 2024-04-30 11302098 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 11302098 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11302098 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 11302098 frs-bus:SmallEntities 2023-05-01 2024-04-30 11302098 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11302098 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11302098 frs-bus:Director1 2023-05-01 2024-04-30 11302098 frs-bus:Director2 2023-05-01 2024-04-30 11302098 frs-bus:Director3 2023-05-01 2024-04-30 11302098 frs-countries:EnglandWales 2023-05-01 2024-04-30 11302098 2022-04-30 11302098 2023-04-30 11302098 2022-05-01 2023-04-30 11302098 frs-core:CurrentFinancialInstruments 2023-04-30 11302098 frs-core:ShareCapital 2023-04-30 11302098 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 11302098
Trades Hand Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Accountinext Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11302098
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors - 28
Cash at bank and in hand - 643
- 671
Creditors: Amounts Falling Due Within One Year 4 (15,178 ) (14,993 )
NET CURRENT ASSETS (LIABILITIES) (15,178 ) (14,322 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15,178 ) (14,322 )
NET LIABILITIES (15,178 ) (14,322 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (15,278 ) (14,422 )
SHAREHOLDERS' FUNDS (15,178) (14,322)
For the year ending 30 April 2024 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 Matthew Skeggs
Director
16/07/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Trades Hand Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11302098 . The registered office is 14 High Street, Colney Heath, St. Albans, AL4 0NU.
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 company will continue to be provided with financial support from the directors and shareholders of the company. The directors envisage,  therefore,  that the company shall continue to trade as a going concern for the period of at least one year and one day from the balance sheet date.  In light of this support the accounts have been prepared on a going concern basis.  Should the company be unable to continue trading, adjustments would have to be made to adjust the value of the assets to their recoverable amount and to provide further liabilities which may arise.
2.3. Financial Instruments
The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.
2.4. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
2.5. Research and development
Expenditure on research and development is written off in the year in which it is incurred.
2.6. Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements.  Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 93
Other loans 9,770 9,300
Accruals and deferred income - 600
Directors' loan accounts 5,408 5,000
15,178 14,993
Page 2
Page 3
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3