Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07590932 Mr Keith Herring Ms Katie Large iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07590932 2023-03-31 07590932 2024-03-31 07590932 2023-04-01 2024-03-31 07590932 frs-core:CurrentFinancialInstruments 2024-03-31 07590932 frs-core:PlantMachinery 2024-03-31 07590932 frs-core:PlantMachinery 2023-04-01 2024-03-31 07590932 frs-core:PlantMachinery 2023-03-31 07590932 frs-core:OtherReservesSubtotal 2024-03-31 07590932 frs-core:ShareCapital 2024-03-31 07590932 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07590932 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07590932 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07590932 frs-bus:SmallEntities 2023-04-01 2024-03-31 07590932 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07590932 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07590932 frs-bus:Director1 2023-04-01 2024-03-31 07590932 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 07590932 frs-countries:EnglandWales 2023-04-01 2024-03-31 07590932 2022-03-31 07590932 2023-03-31 07590932 2022-04-01 2023-03-31 07590932 frs-core:CurrentFinancialInstruments 2023-03-31 07590932 frs-core:OtherReservesSubtotal 2023-03-31 07590932 frs-core:ShareCapital 2023-03-31 07590932 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07590932
The Little Shop Of Hires Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Caroline Sands & Associates LLP
Chancellor Cottage
46 Holway Road
Sheringham
Norfolk
NR26 8HR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07590932
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,026 5,231
5,026 5,231
CURRENT ASSETS
Cash at bank and in hand 4,986 9,383
4,986 9,383
Creditors: Amounts Falling Due Within One Year 5 (43,222 ) (45,501 )
NET CURRENT ASSETS (LIABILITIES) (38,236 ) (36,118 )
TOTAL ASSETS LESS CURRENT LIABILITIES (33,210 ) (30,887 )
NET LIABILITIES (33,210 ) (30,887 )
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Other reserves 14,000 14,000
Profit and Loss Account (48,210 ) (45,887 )
SHAREHOLDERS' FUNDS (33,210) (30,887)
Page 1
Page 2
For the year ending 31 March 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 Keith Herring
Director
11/07/2024
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
The Little Shop Of Hires Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07590932 . The registered office is Chancellor Cottage, 46 Holway Road, Sheringham, NR26 8HR.
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 25
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 15,964
Additions 682
As at 31 March 2024 16,646
Depreciation
As at 1 April 2023 10,733
Provided during the period 887
As at 31 March 2024 11,620
Net Book Value
As at 31 March 2024 5,026
As at 1 April 2023 5,231
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 551 1,258
Bank loans and overdrafts 13,000 18,778
Other creditors 500 500
Director's loan account 29,171 24,965
43,222 45,501
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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