Acorah Software Products - Accounts Production 15.0.400 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 09814190 Ms Penny Macpherson Mr Robert MACPHERSON Mr Howard Potter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09814190 2022-10-31 09814190 2023-10-31 09814190 2022-11-01 2023-10-31 09814190 frs-core:CurrentFinancialInstruments 2023-10-31 09814190 frs-core:Non-currentFinancialInstruments 2023-10-31 09814190 frs-core:BetweenOneFiveYears 2023-10-31 09814190 frs-core:NetGoodwill 2023-10-31 09814190 frs-core:NetGoodwill 2022-11-01 2023-10-31 09814190 frs-core:NetGoodwill 2022-10-31 09814190 frs-core:MotorVehicles 2023-10-31 09814190 frs-core:MotorVehicles 2022-11-01 2023-10-31 09814190 frs-core:MotorVehicles 2022-10-31 09814190 frs-core:PlantMachinery 2023-10-31 09814190 frs-core:PlantMachinery 2022-11-01 2023-10-31 09814190 frs-core:PlantMachinery 2022-10-31 09814190 frs-core:WithinOneYear 2023-10-31 09814190 frs-core:ShareCapital 2023-10-31 09814190 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 09814190 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09814190 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 09814190 frs-bus:SmallEntities 2022-11-01 2023-10-31 09814190 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 09814190 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 09814190 frs-bus:Director1 2022-11-01 2023-10-31 09814190 frs-bus:Director2 2022-11-01 2023-10-31 09814190 frs-bus:CompanySecretary1 2022-11-01 2023-10-31 09814190 frs-countries:EnglandWales 2022-11-01 2023-10-31 09814190 2021-10-31 09814190 2022-10-31 09814190 2021-11-01 2022-10-31 09814190 frs-core:CurrentFinancialInstruments 2022-10-31 09814190 frs-core:Non-currentFinancialInstruments 2022-10-31 09814190 frs-core:BetweenOneFiveYears 2022-10-31 09814190 frs-core:WithinOneYear 2022-10-31 09814190 frs-core:ShareCapital 2022-10-31 09814190 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 09814190
Heath Prop Services Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Potter a'i Gwmni
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09814190
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 40,121 44,370
40,121 44,370
CURRENT ASSETS
Debtors 6 4,963 4,543
Cash at bank and in hand 23,032 4,242
27,995 8,785
Creditors: Amounts Falling Due Within One Year 7 (30,387 ) (42,345 )
NET CURRENT ASSETS (LIABILITIES) (2,392 ) (33,560 )
TOTAL ASSETS LESS CURRENT LIABILITIES 37,729 10,810
Creditors: Amounts Falling Due After More Than One Year 8 (11,440 ) -
NET ASSETS 26,289 10,810
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 26,189 10,710
SHAREHOLDERS' FUNDS 26,289 10,810
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For the year ending 31 October 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 Robert MACPHERSON
Director
23/07/2024
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
Heath Prop Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09814190 . The registered office is 10 Y Sgwar Heol Yr Orsaf, Dinas Powys, Cymru / Wales, CF64 4YR.
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. 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 .... years.
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:
Plant & Machinery 4 years straight line
Motor Vehicles 5 years straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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2.6. 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 year was: 2 (2022: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2022 10,000
As at 31 October 2023 10,000
Amortisation
As at 1 November 2022 10,000
As at 31 October 2023 10,000
Net Book Value
As at 31 October 2023 -
As at 1 November 2022 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 November 2022 4,047 81,108 85,155
Additions 3,713 - 3,713
As at 31 October 2023 7,760 81,108 88,868
...CONTINUED
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Depreciation
As at 1 November 2022 2,447 38,338 40,785
Provided during the period 1,318 6,644 7,962
As at 31 October 2023 3,765 44,982 48,747
Net Book Value
As at 31 October 2023 3,995 36,126 40,121
As at 1 November 2022 1,600 42,770 44,370
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 2,730 4,543
Other debtors 744 -
3,474 4,543
Due after more than one year
Other debtors 1,489 -
4,963 4,543
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 4,744 20,184
Other creditors 8,180 19,678
Taxation and social security 17,463 2,483
30,387 42,345
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 11,440 -
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,744 20,184
Later than one year and not later than five years 11,440 -
16,184 20,184
16,184 20,184
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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