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 5274607 Mr MARTIN ALLEN Mrs JANE ALLEN true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5274607 2022-11-30 5274607 2023-11-30 5274607 2022-12-01 2023-11-30 5274607 frs-core:CurrentFinancialInstruments 2023-11-30 5274607 frs-core:Non-currentFinancialInstruments 2023-11-30 5274607 frs-core:FurnitureFittings 2023-11-30 5274607 frs-core:FurnitureFittings 2022-12-01 2023-11-30 5274607 frs-core:FurnitureFittings 2022-11-30 5274607 frs-core:ShareCapital 2023-11-30 5274607 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 5274607 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 5274607 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 5274607 frs-bus:SmallEntities 2022-12-01 2023-11-30 5274607 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 5274607 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 5274607 frs-bus:OrdinaryShareClass2 2022-12-01 2023-11-30 5274607 frs-bus:OrdinaryShareClass2 2023-11-30 5274607 frs-bus:OrdinaryShareClass3 2022-12-01 2023-11-30 5274607 frs-bus:OrdinaryShareClass3 2023-11-30 5274607 1 2022-12-01 2023-11-30 5274607 frs-bus:Director1 2022-12-01 2023-11-30 5274607 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 5274607 frs-core:CurrentFinancialInstruments 5 2023-11-30 5274607 frs-countries:EnglandWales 2022-12-01 2023-11-30 5274607 2021-11-30 5274607 2022-11-30 5274607 2021-12-01 2022-11-30 5274607 frs-core:CurrentFinancialInstruments 2022-11-30 5274607 frs-core:Non-currentFinancialInstruments 2022-11-30 5274607 frs-core:ShareCapital 2022-11-30 5274607 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 5274607 frs-bus:OrdinaryShareClass2 2021-12-01 2022-11-30 5274607 frs-bus:OrdinaryShareClass3 2021-12-01 2022-11-30 5274607 1 2021-12-01 2022-11-30 5274607 frs-core:CurrentFinancialInstruments 4 2022-11-30 5274607 frs-core:CurrentFinancialInstruments 5 2022-11-30
Registered number: 5274607
Hellidon Solutions Limited
Unaudited 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: 5274607
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 12,017 3,033
Investment Properties 4 893,007 780,669
905,024 783,702
CURRENT ASSETS
Stocks 5 - 950
Debtors 6 902 902
Cash at bank and in hand 2,195 12,257
3,097 14,109
Creditors: Amounts Falling Due Within One Year 7 (22,390 ) (29,993 )
NET CURRENT ASSETS (LIABILITIES) (19,293 ) (15,884 )
TOTAL ASSETS LESS CURRENT LIABILITIES 885,731 767,818
Creditors: Amounts Falling Due After More Than One Year 8 (443,490 ) (319,082 )
NET ASSETS 442,241 448,736
CAPITAL AND RESERVES
Called up share capital 9 902 902
Profit and Loss Account 441,339 447,834
SHAREHOLDERS' FUNDS 442,241 448,736
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 MARTIN ALLEN
Director
24/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Turnover
Turnover represents Rents and Payments for Ancillary Services and Goods
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Fixtures & Fittings Fixture and Fittings are depreciated on reducing balance basis. Soft Furnishings are treated on a renewals basis as this is thought better to provide a true and fair view of the asset values involved.
1.4. Investment Properties
In accordance with SSAP 19, investment properties are included in the balance sheet at their open market value and are not depreciated.
1.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
1.6. 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 year 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 asset reflects 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.
Page 3
Page 4
1.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
Manual Labour - 1
1 2
3. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 December 2022 10,330
Additions 11,229
Disposals (5,000 )
As at 30 November 2023 16,559
Depreciation
As at 1 December 2022 7,297
Provided during the period 2,245
Disposals (5,000 )
As at 30 November 2023 4,542
Net Book Value
As at 30 November 2023 12,017
As at 1 December 2022 3,033
4. Investment Property
2023
£
Fair Value
As at 1 December 2022 780,669
Additions 112,338
As at 30 November 2023 893,007
Page 4
Page 5
5. Stocks
2023 2022
£ £
Work in Progress - 950
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 902 902
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 16,984 -
Corporation tax - 7,162
Other creditors Kiwi PIA and Deposits (Current liabilities - creditors < 1 year) - 10,069
Coach House Accruals 5,406 12,762
22,390 29,993
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank mortgage loan (Long term liabilities - creditors > 1 year) 90,634 102,603
BBL Loan 16,459 21,831
Directors loan account 336,397 194,648
443,490 319,082
9. Share Capital
2023 2022
Allotted, called up and fully paid £ £
2 Ordinary A shares of £ 1.000 each 2 2
900 Ordinary B shares of £ 1.000 each 900 900
902 902
10. Reserves
Reserves transferred to profit as Cromwell Road sold
11. Ultimate Controlling Party
The company is controlled by Mr and Mrs M.C.Allen
Page 5