Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09317856 Mr P C Hammersely iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09317856 2022-11-30 09317856 2023-11-30 09317856 2022-12-01 2023-11-30 09317856 frs-core:CurrentFinancialInstruments 2023-11-30 09317856 frs-core:Non-currentFinancialInstruments 2023-11-30 09317856 frs-core:BetweenOneFiveYears 2023-11-30 09317856 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 09317856 frs-core:MotorVehicles 2023-11-30 09317856 frs-core:MotorVehicles 2022-12-01 2023-11-30 09317856 frs-core:MotorVehicles 2022-11-30 09317856 frs-core:PlantMachinery 2023-11-30 09317856 frs-core:PlantMachinery 2022-12-01 2023-11-30 09317856 frs-core:PlantMachinery 2022-11-30 09317856 frs-core:WithinOneYear 2023-11-30 09317856 frs-core:ShareCapital 2023-11-30 09317856 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09317856 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09317856 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09317856 frs-bus:SmallEntities 2022-12-01 2023-11-30 09317856 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09317856 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09317856 frs-bus:Director1 2022-12-01 2023-11-30 09317856 frs-countries:EnglandWales 2022-12-01 2023-11-30 09317856 2021-11-30 09317856 2022-11-30 09317856 2021-12-01 2022-11-30 09317856 frs-core:CurrentFinancialInstruments 2022-11-30 09317856 frs-core:Non-currentFinancialInstruments 2022-11-30 09317856 frs-core:BetweenOneFiveYears 2022-11-30 09317856 frs-core:MotorVehicles 2021-12-01 2022-11-30 09317856 frs-core:WithinOneYear 2022-11-30 09317856 frs-core:ShareCapital 2022-11-30 09317856 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09317856
Hammersley Decorators Ltd
Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09317856
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,189 18,938
33,189 18,938
CURRENT ASSETS
Debtors 5 325,262 242,370
Cash at bank and in hand 38,757 75,637
364,019 318,007
Creditors: Amounts Falling Due Within One Year 6 (114,830 ) (101,346 )
NET CURRENT ASSETS (LIABILITIES) 249,189 216,661
TOTAL ASSETS LESS CURRENT LIABILITIES 282,378 235,599
Creditors: Amounts Falling Due After More Than One Year 7 (57,323 ) (41,135 )
NET ASSETS 225,055 194,464
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 225,054 194,463
SHAREHOLDERS' FUNDS 225,055 194,464
Page 1
Page 2
For the year ending 30 November 2023 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 P C Hammersely
Director
28 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
Hammersley Decorators Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09317856 . The registered office is Suite 5, The Willows, Ransom Wood Business Park, Southwell Road West, Rainworth, Mansfield, Nottinghamshire, NG21 0HJ.
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:
Leasehold 20% reducing balance
Plant & Machinery 20% straight line
Motor Vehicles 20% reducing balance
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.
2.5. 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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2022: 13)
12 13
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 December 2022 2,213 47,301 49,514
Additions 1,931 34,620 36,551
Disposals - (39,456 ) (39,456 )
As at 30 November 2023 4,144 42,465 46,609
Depreciation
As at 1 December 2022 1,603 28,973 30,576
Provided during the period 696 10,590 11,286
Disposals - (28,442 ) (28,442 )
As at 30 November 2023 2,299 11,121 13,420
Net Book Value
As at 30 November 2023 1,845 31,344 33,189
As at 1 December 2022 610 18,328 18,938
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2023 2022
£ £
Motor Vehicles 27,696 7,393
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 150,992 80,773
Other debtors 174,270 161,597
325,262 242,370
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 6,310 2,903
Trade creditors 4,628 18,322
Bank loans and overdrafts 7,731 5,176
Other creditors 75,453 51,944
Taxation and social security 20,708 23,001
114,830 101,346
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 23,661 2,177
Bank loans 33,662 38,958
57,323 41,135
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,310 2,903
Later than one year and not later than five years 23,661 2,177
29,971 5,080
29,971 5,080
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 5