Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 05897398 Kevin Hugh Martin Karen Victoria Martin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05897398 2023-05-31 05897398 2024-05-31 05897398 2023-06-01 2024-05-31 05897398 frs-core:CurrentFinancialInstruments 2024-05-31 05897398 frs-core:Non-currentFinancialInstruments 2024-05-31 05897398 frs-core:ComputerEquipment 2024-05-31 05897398 frs-core:ComputerEquipment 2023-06-01 2024-05-31 05897398 frs-core:ComputerEquipment 2023-05-31 05897398 frs-core:MotorVehicles 2024-05-31 05897398 frs-core:MotorVehicles 2023-06-01 2024-05-31 05897398 frs-core:MotorVehicles 2023-05-31 05897398 frs-core:PlantMachinery 2024-05-31 05897398 frs-core:PlantMachinery 2023-06-01 2024-05-31 05897398 frs-core:PlantMachinery 2023-05-31 05897398 frs-core:ShareCapital 2024-05-31 05897398 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 05897398 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05897398 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 05897398 frs-bus:SmallEntities 2023-06-01 2024-05-31 05897398 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05897398 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05897398 frs-bus:Director1 2023-06-01 2024-05-31 05897398 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 05897398 frs-countries:EnglandWales 2023-06-01 2024-05-31 05897398 2022-05-31 05897398 2023-05-31 05897398 2022-06-01 2023-05-31 05897398 frs-core:CurrentFinancialInstruments 2023-05-31 05897398 frs-core:Non-currentFinancialInstruments 2023-05-31 05897398 frs-core:ShareCapital 2023-05-31 05897398 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Shredder and Hygiene Services Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Bencroft Dassels
Braughing
Ware
Herts
SG11 2RW
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 05897398
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,661 18,674
29,661 18,674
CURRENT ASSETS
Stocks 5 - 1,673
Debtors 6 14,978 9,725
Cash at bank and in hand 72,060 45,675
87,038 57,073
Creditors: Amounts Falling Due Within One Year 7 (34,863 ) (23,107 )
NET CURRENT ASSETS (LIABILITIES) 52,175 33,966
TOTAL ASSETS LESS CURRENT LIABILITIES 81,836 52,640
Creditors: Amounts Falling Due After More Than One Year 8 (12,357 ) (1,771 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,415 ) (4,669 )
NET ASSETS 62,064 46,200
CAPITAL AND RESERVES
Called up share capital 9 2 2
Income Statement 62,062 46,198
SHAREHOLDERS' FUNDS 62,064 46,200
Page 1
Page 2
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 Income Statement.
On behalf of the board
Kevin Hugh Martin
Director
30/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Shredder and Hygiene Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05897398 . The registered office is Bencroft Dassels, Braughing, Ware, Hertfordshire, SG11 2RW.
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.
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% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 33% on cost
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 income statement 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 income statement as incurred.
2.5. 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.
Page 3
Page 4
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 1,132 45,940 1,217 48,289
Additions - 26,268 666 26,934
Disposals - (18,291 ) (339 ) (18,630 )
As at 31 May 2024 1,132 53,917 1,544 56,593
Depreciation
As at 1 June 2023 495 28,488 632 29,615
Provided during the period 159 9,485 516 10,160
Disposals - (12,504 ) (339 ) (12,843 )
As at 31 May 2024 654 25,469 809 26,932
Net Book Value
As at 31 May 2024 478 28,448 735 29,661
As at 1 June 2023 637 17,452 585 18,674
Page 4
Page 5
5. Stocks
2024 2023
£ £
Stock - 1,673
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,678 5,449
Other debtors 4,300 4,276
14,978 9,725
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,118 2,558
Trade creditors 1,286 1,167
Other creditors 22,591 16,584
Taxation and social security 6,868 2,798
34,863 23,107
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 12,357 1,771
12,357 1,771
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 5