Acorah Software Products - Accounts Production 15.0.400 false true true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 04828258 Ms Francesca Ellis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04828258 2022-07-31 04828258 2023-07-31 04828258 2022-08-01 2023-07-31 04828258 frs-core:CurrentFinancialInstruments 2023-07-31 04828258 frs-core:Non-currentFinancialInstruments 2023-07-31 04828258 frs-core:ComputerEquipment 2023-07-31 04828258 frs-core:ComputerEquipment 2022-08-01 2023-07-31 04828258 frs-core:ComputerEquipment 2022-07-31 04828258 frs-core:NetGoodwill 2023-07-31 04828258 frs-core:NetGoodwill 2022-08-01 2023-07-31 04828258 frs-core:NetGoodwill 2022-07-31 04828258 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-31 04828258 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-08-01 2023-07-31 04828258 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-07-31 04828258 frs-core:MotorVehicles 2023-07-31 04828258 frs-core:MotorVehicles 2022-08-01 2023-07-31 04828258 frs-core:MotorVehicles 2022-07-31 04828258 frs-core:PlantMachinery 2023-07-31 04828258 frs-core:PlantMachinery 2022-08-01 2023-07-31 04828258 frs-core:PlantMachinery 2022-07-31 04828258 frs-core:ShareCapital 2023-07-31 04828258 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 04828258 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 04828258 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 04828258 frs-bus:SmallEntities 2022-08-01 2023-07-31 04828258 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 04828258 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 04828258 frs-bus:Director1 2022-08-01 2023-07-31 04828258 frs-bus:Director2 2022-08-01 2023-07-31 04828258 frs-bus:Director2 2022-07-31 04828258 frs-bus:Director2 2023-07-31 04828258 frs-countries:EnglandWales 2022-08-01 2023-07-31 04828258 2021-07-31 04828258 2022-07-31 04828258 2021-08-01 2022-07-31 04828258 frs-core:CurrentFinancialInstruments 2022-07-31 04828258 frs-core:Non-currentFinancialInstruments 2022-07-31 04828258 frs-core:ShareCapital 2022-07-31 04828258 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 04828258
Humbert & Ellis Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04828258
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 62,591 46,077
62,591 46,077
CURRENT ASSETS
Debtors 6 12,505 18,998
Cash at bank and in hand 8,329 3,076
20,834 22,074
Creditors: Amounts Falling Due Within One Year 7 (235,570 ) (154,820 )
NET CURRENT ASSETS (LIABILITIES) (214,736 ) (132,746 )
TOTAL ASSETS LESS CURRENT LIABILITIES (152,145 ) (86,669 )
Creditors: Amounts Falling Due After More Than One Year 8 (57,503 ) (67,623 )
NET LIABILITIES (209,648 ) (154,292 )
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (210,648 ) (155,292 )
SHAREHOLDERS' FUNDS (209,648) (154,292)
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 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
Ms Francesca Ellis
Director
10 July 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
Humbert & Ellis Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04828258 . The registered office is The Mill Pury Hill Business Park, Alderton, Towcester, NN12 7LS.
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 is a going concern due to the continued support of the directors.
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 10 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:
Leasehold 20% straight line
Plant & Machinery 25% straight line
Motor Vehicles 25% straight line
Computer Equipment 25% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 5)
3 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2022 10,385
As at 31 July 2023 10,385
Amortisation
As at 1 August 2022 10,385
As at 31 July 2023 10,385
...CONTINUED
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Net Book Value
As at 31 July 2023 -
As at 1 August 2022 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2022 27,948 16,498 40,594 2,073 87,113
Additions 34,595 2,350 - 500 37,445
As at 31 July 2023 62,543 18,848 40,594 2,573 124,558
Depreciation
As at 1 August 2022 4,718 14,844 20,043 1,431 41,036
Provided during the period 12,509 1,595 6,554 273 20,931
As at 31 July 2023 17,227 16,439 26,597 1,704 61,967
Net Book Value
As at 31 July 2023 45,316 2,409 13,997 869 62,591
As at 1 August 2022 23,230 1,654 20,551 642 46,077
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 6,216 5,681
Other debtors 6,289 13,317
12,505 18,998
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 14,757 36,457
Bank loans and overdrafts 23,872 18,414
Other creditors 200,545 99,108
Taxation and social security (3,604 ) 841
235,570 154,820
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 57,503 67,623
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9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2022 Amounts advanced Amounts repaid Amounts written off As at 31 July 2023
£ £ £ £ £
Mr Jonathan Humbert 6,192 - 129 - 6,063
The above loan is unsecured, interest free and repayable on demand.
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