Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09565046 Dr Axel Bindel Mr David Anderson Dr Robert Allison Mr Martin Everitt Mr Brian Graves Mr David Wells iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09565046 2022-12-31 09565046 2023-12-31 09565046 2023-01-01 2023-12-31 09565046 frs-core:CurrentFinancialInstruments 2023-12-31 09565046 frs-core:Non-currentFinancialInstruments 2023-12-31 09565046 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09565046 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 09565046 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09565046 frs-bus:SmallEntities 2023-01-01 2023-12-31 09565046 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09565046 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09565046 frs-bus:Director1 2023-01-01 2023-12-31 09565046 frs-bus:Director2 2023-01-01 2023-12-31 09565046 frs-bus:Director3 2023-01-01 2023-12-31 09565046 frs-bus:Director4 2023-01-01 2023-12-31 09565046 frs-bus:Director5 2023-01-01 2023-12-31 09565046 frs-bus:Director6 2023-01-01 2023-12-31 09565046 frs-countries:EnglandWales 2023-01-01 2023-12-31 09565046 2021-12-31 09565046 2022-12-31 09565046 2022-01-01 2022-12-31 09565046 frs-core:CurrentFinancialInstruments 2022-12-31 09565046 frs-core:Non-currentFinancialInstruments 2022-12-31 09565046 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09565046
HSSMI Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09565046
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 321,472 467,089
Investments 5 1 1
Cash at bank and in hand 137,723 61,217
459,196 528,307
Creditors: Amounts Falling Due Within One Year 6 (1,101 ) (16,291 )
NET CURRENT ASSETS (LIABILITIES) 458,095 512,016
TOTAL ASSETS LESS CURRENT LIABILITIES 458,095 512,016
Creditors: Amounts Falling Due After More Than One Year 7 (104,404 ) (131,701 )
NET ASSETS 353,691 380,315
Income and Expenditure Account 353,691 380,315
MEMBERS' FUNDS 353,691 380,315
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Page 2
For the year ending 31 December 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 Income and Expenditure Account.
On behalf of the board
Dr Axel Bindel
Director
21/08/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
HSSMI Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 09565046 . The registered office is The Bagel Factory, Unit A-C, 52-54 White Post Lane, London, E9 5EN.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
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4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 264,559 355,470
Other debtors 50,841 105,304
315,400 460,774
Due after more than one year
Amounts owed by participating interests (2) (2)
Other debtors 6,074 6,317
6,072 6,315
321,472 467,089
5. Current Asset Investments
2023 2022
£ £
Unlisted investments 1 1
Current asset investment comprised of the company's shareholding in New Co Consulting Ltd (Reg Number: 13585848)
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,101 16,291
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7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 104,404 131,701
8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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