Acorah Software Products - Accounts Production 14.6.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 13417567 Mr Alistair Stacey Miss Holly Garnett Mrs Lynne Stacey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13417567 2023-05-31 13417567 2024-05-31 13417567 2023-06-01 2024-05-31 13417567 frs-core:CurrentFinancialInstruments 2024-05-31 13417567 frs-core:Non-currentFinancialInstruments 2024-05-31 13417567 frs-core:BetweenOneFiveYears 2024-05-31 13417567 frs-core:ComputerEquipment 2024-05-31 13417567 frs-core:ComputerEquipment 2023-06-01 2024-05-31 13417567 frs-core:ComputerEquipment 2023-05-31 13417567 frs-core:FurnitureFittings 2023-06-01 2024-05-31 13417567 frs-core:MotorVehicles 2024-05-31 13417567 frs-core:MotorVehicles 2023-06-01 2024-05-31 13417567 frs-core:MotorVehicles 2023-05-31 13417567 frs-core:PlantMachinery 2024-05-31 13417567 frs-core:PlantMachinery 2023-06-01 2024-05-31 13417567 frs-core:PlantMachinery 2023-05-31 13417567 frs-core:WithinOneYear 2024-05-31 13417567 frs-core:ShareCapital 2024-05-31 13417567 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 13417567 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13417567 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 13417567 frs-bus:SmallEntities 2023-06-01 2024-05-31 13417567 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13417567 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13417567 frs-bus:Director1 2023-06-01 2024-05-31 13417567 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 13417567 frs-bus:CompanySecretary2 2023-06-01 2024-05-31 13417567 frs-countries:EnglandWales 2023-06-01 2024-05-31 13417567 2022-05-31 13417567 2023-05-31 13417567 2022-06-01 2023-05-31 13417567 frs-core:CurrentFinancialInstruments 2023-05-31 13417567 frs-core:Non-currentFinancialInstruments 2023-05-31 13417567 frs-core:BetweenOneFiveYears 2023-05-31 13417567 frs-core:WithinOneYear 2023-05-31 13417567 frs-core:ShareCapital 2023-05-31 13417567 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 13417567
HONOUR SCAFFOLDING AND CONSTRUCTION LTD
Unaudited Financial Statements
For The Year Ended 31 May 2024
KSR Accountants
Institute of Financial Accountants
The Old Buttermarket
Market Place
Tuxford
Newark
NG22 0LJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13417567
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 65,773 68,588
65,773 68,588
CURRENT ASSETS
Debtors 5 - 3,422
Cash at bank and in hand 10,417 3,291
10,417 6,713
Creditors: Amounts Falling Due Within One Year 6 (18,707 ) (15,330 )
NET CURRENT ASSETS (LIABILITIES) (8,290 ) (8,617 )
TOTAL ASSETS LESS CURRENT LIABILITIES 57,483 59,971
Creditors: Amounts Falling Due After More Than One Year 7 (9,571 ) (12,000 )
NET ASSETS 47,912 47,971
CAPITAL AND RESERVES
Called up share capital 9 (14,472 ) 1
Profit and Loss Account 62,384 47,970
SHAREHOLDERS' FUNDS 47,912 47,971
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For the year ending 31 May 2024 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 his 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 Alistair Stacey
Director
1st August 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
HONOUR SCAFFOLDING AND CONSTRUCTION LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13417567 . The registered office is 10 Chelmsford Mews, Retford, DN22 7ER.
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:
Plant & Machinery 15
Motor Vehicles 25
Fixtures & Fittings 15
Computer Equipment 50
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 60,732 30,744 - 91,476
Additions 1,410 7,083 499 8,992
As at 31 May 2024 62,142 37,827 499 100,468
Depreciation
As at 1 June 2023 15,014 7,874 - 22,888
Provided during the period 4,069 7,488 250 11,807
As at 31 May 2024 19,083 15,362 250 34,695
Net Book Value
As at 31 May 2024 43,059 22,465 249 65,773
As at 1 June 2023 45,718 22,870 - 68,588
5. Debtors
2024 2023
£ £
Due within one year
VAT - 3,422
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,084 3,084
Trade creditors 720 718
Other taxes and social security 588 588
VAT 7,767 -
Other creditors 6,548 10,940
18,707 15,330
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 1,285 6,938
Directors loan account 8,286 5,062
9,571 12,000
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8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,084 3,084
Later than one year and not later than five years 1,285 6,938
4,369 10,022
4,369 10,022
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid (14,472 ) 1
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