Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 01394066 Mrs Nancy Porter Dr Kenneth Porter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01394066 2023-03-31 01394066 2024-03-31 01394066 2023-04-01 2024-03-31 01394066 frs-core:CurrentFinancialInstruments 2024-03-31 01394066 frs-core:Non-currentFinancialInstruments 2024-03-31 01394066 frs-core:FurnitureFittings 2024-03-31 01394066 frs-core:FurnitureFittings 2023-04-01 2024-03-31 01394066 frs-core:FurnitureFittings 2023-03-31 01394066 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 01394066 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01394066 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 01394066 frs-core:ShareCapital 2024-03-31 01394066 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 01394066 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01394066 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 01394066 frs-bus:SmallEntities 2023-04-01 2024-03-31 01394066 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01394066 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01394066 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-03-31 01394066 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 01394066 frs-bus:Director1 2023-04-01 2024-03-31 01394066 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 01394066 frs-countries:EnglandWales 2023-04-01 2024-03-31 01394066 2022-03-31 01394066 2023-03-31 01394066 2022-04-01 2023-03-31 01394066 frs-core:CurrentFinancialInstruments 2023-03-31 01394066 frs-core:Non-currentFinancialInstruments 2023-03-31 01394066 frs-core:ShareCapital 2023-03-31 01394066 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 01394066 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-03-31
Registered number: 01394066
Harrogate Investments Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01394066
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,220,549 3,227,758
3,220,549 3,227,758
CURRENT ASSETS
Debtors 5 38,577 50,579
Cash at bank and in hand 133,003 131,461
171,580 182,040
Creditors: Amounts Falling Due Within One Year 6 (48,126 ) (50,711 )
NET CURRENT ASSETS (LIABILITIES) 123,454 131,329
TOTAL ASSETS LESS CURRENT LIABILITIES 3,344,003 3,359,087
Creditors: Amounts Falling Due After More Than One Year 7 (23,928 ) (87,219 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (284,373 ) (284,373 )
NET ASSETS 3,035,702 2,987,495
CAPITAL AND RESERVES
Called up share capital 8 88 88
Fair Value Reserve 9 1,802,572 1,802,572
Profit and Loss Account 1,233,042 1,184,835
SHAREHOLDERS' FUNDS 3,035,702 2,987,495
Page 1
Page 2
For the year ending 31 March 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 her 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
Mrs Nancy Porter
Director
12 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
Harrogate Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01394066 . The registered office is Unit 9, The Innovation Centre Conyngham Hall, Bond End, Knaresborough, HG5 9AY.
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:
Freehold 0%
Fixtures & Fittings 20% Reducing Balance Basis
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
Page 3
Page 4
3. Average Number of Employees
3Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 3,224,340 50,952 3,275,292
Additions (6,452 ) (41 ) (6,493 )
As at 31 March 2024 3,217,888 50,911 3,268,799
Depreciation
As at 1 April 2023 - 47,534 47,534
Provided during the period - 716 716
As at 31 March 2024 - 48,250 48,250
Net Book Value
As at 31 March 2024 3,217,888 2,661 3,220,549
As at 1 April 2023 3,224,340 3,418 3,227,758
InInvestment property valuations have been based on valuations by an independent valuer who holds a relevant professional 
qualification. The valuations were provided by Feather Smailes Scales, 8 Raglan Street, Harrogate at 31 March 2022.
The Directors feel that the valuations reflect current markrt values
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
At cost 3,217,888 50,911 3,268,799
3,217,888 50,911 3,268,799
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 31,910 50,579
Prepayments and accrued income 5,684 -
Other taxes and social security 983 -
38,577 50,579
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,056 -
Corporation tax 12,545 12,652
Other taxes and social security - 745
Rents Income in Advance 28,525 35,314
Accruals and deferred income 2,000 2,000
48,126 50,711
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Members Loan 238 63,529
Directors loan account 23,690 23,690
23,928 87,219
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 88 88
9. Reserves
Fair Value Reserve
£
As at 1 April 2023 1,802,572
As at 31 March 2024 1,802,572
10. Related Party Transactions
At 31 March 2024 the company owed £238  to Dr K & Mrs N L Porter (2023 – £63,529). Interest of £nil (2032 –
£1,000 has been charged to the company in respect of this loan classified in creditors due within one year and creditors due 
after one year
Page 5