Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 SC513369 Laura Saunders Christopher Snelgrove iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC513369 2022-12-31 SC513369 2023-12-31 SC513369 2023-01-01 2023-12-31 SC513369 frs-core:CurrentFinancialInstruments 2023-12-31 SC513369 frs-core:Non-currentFinancialInstruments 2023-12-31 SC513369 frs-core:ComputerEquipment 2023-12-31 SC513369 frs-core:ComputerEquipment 2023-01-01 2023-12-31 SC513369 frs-core:ComputerEquipment 2022-12-31 SC513369 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 SC513369 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 SC513369 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-31 SC513369 frs-core:FurnitureFittings 2023-12-31 SC513369 frs-core:FurnitureFittings 2023-01-01 2023-12-31 SC513369 frs-core:FurnitureFittings 2022-12-31 SC513369 frs-core:OtherResidualIntangibleAssets 2023-12-31 SC513369 frs-core:OtherResidualIntangibleAssets 2023-01-01 2023-12-31 SC513369 frs-core:OtherResidualIntangibleAssets 2022-12-31 SC513369 frs-core:PlantMachinery 2023-12-31 SC513369 frs-core:PlantMachinery 2023-01-01 2023-12-31 SC513369 frs-core:PlantMachinery 2022-12-31 SC513369 frs-core:SharePremium 2023-12-31 SC513369 frs-core:ShareCapital 2023-12-31 SC513369 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC513369 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC513369 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 SC513369 frs-bus:SmallEntities 2023-01-01 2023-12-31 SC513369 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC513369 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 SC513369 frs-bus:Director1 2023-01-01 2023-12-31 SC513369 frs-bus:Director2 2023-01-01 2023-12-31 SC513369 frs-countries:Scotland 2023-01-01 2023-12-31 SC513369 2021-12-31 SC513369 2022-12-31 SC513369 2022-01-01 2022-12-31 SC513369 frs-core:CurrentFinancialInstruments 2022-12-31 SC513369 frs-core:Non-currentFinancialInstruments 2022-12-31 SC513369 frs-core:SharePremium 2022-12-31 SC513369 frs-core:ShareCapital 2022-12-31 SC513369 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: SC513369
Hijobs Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Prime Numbers
Chartered Accountants
1 Lochrin Square
92 Fountainbridge
Edinburgh
EH3 9QA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC513369
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 93,343 14,356
93,343 14,356
CURRENT ASSETS
Stocks - 8,200
Debtors 6 18,382 8,614
Cash at bank and in hand 27,587 120,425
45,969 137,239
Creditors: Amounts Falling Due Within One Year 7 (41,020 ) (46,279 )
NET CURRENT ASSETS (LIABILITIES) 4,949 90,960
TOTAL ASSETS LESS CURRENT LIABILITIES 98,292 105,316
Creditors: Amounts Falling Due After More Than One Year 8 (7,430 ) (11,423 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (23,336 ) (3,751 )
NET ASSETS 67,526 90,142
CAPITAL AND RESERVES
Called up share capital 9 165 165
Share premium account 89,955 89,955
Profit and Loss Account (22,594 ) 22
SHAREHOLDERS' FUNDS 67,526 90,142
Page 1
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 Profit and Loss Account.
On behalf of the board
Laura Saunders
Director
16/09/2024
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
Hijobs Limited is a private company, limited by shares, incorporated in Scotland, registered number SC513369 . The registered office is 20 High Street, Fort William, PH33 6AT.
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 rendering of services. Turnover is reduced for estimated customer rebates and other similar allowances.
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:
Union Asset 5 years straight line
Fixtures & Fittings 5 years straight line
Computer Equipment 3 to 5 years straight line
2.4. 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.
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. 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 years 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 assets reflect 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 (2022: 2)
2 2
Page 3
Page 4
4. Intangible Assets
Other Development Costs Total
£ £ £
Cost
As at 1 January 2023 1,000 25,000 26,000
Disposals (1,000 ) (25,000) (26,000 )
As at 31 December 2023 - - -
Amortisation
As at 1 January 2023 1,000 25,000 26,000
Disposals (1,000 ) (25,000 ) (26,000 )
As at 31 December 2023 - - -
Net Book Value
As at 31 December 2023 - - -
As at 1 January 2023 - - -
5. Tangible Assets
Union Asset Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 - 971 36,778 37,749
Additions 80,925 - 2,085 83,010
As at 31 December 2023 80,925 971 38,863 120,759
Depreciation
As at 1 January 2023 - 971 22,422 23,393
Provided during the period - - 4,023 4,023
As at 31 December 2023 - 971 26,445 27,416
Net Book Value
As at 31 December 2023 80,925 - 12,418 93,343
As at 1 January 2023 - - 14,356 14,356
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 6,226 7,772
Corporation tax recoverable assets 10,087 -
VAT 2,069 842
18,382 8,614
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 4,968 -
Bank loans and overdrafts 6,000 6,000
Corporation tax - 10,087
Other creditors 29,092 29,092
Accruals and deferred income 960 1,070
Directors' loan accounts - 30
41,020 46,279
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 7,430 11,423
7,430 11,423
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 165 165
10. Related Party Transactions
One of the directors, Mr C Snelgrove, is also a director of Linnhe Creative Limited. During the year, the company made purchases from Linnhe Creative amounting to £116,747 (2022: £110,260).
Page 5