Acorah Software Products - Accounts Production 15.0.600 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 09241129 Mr Kristian McNulty Mrs Katy McNulty Mr Steven Storey Ms Pamela Beattie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09241129 2022-09-30 09241129 2023-09-30 09241129 2022-10-01 2023-09-30 09241129 frs-core:CurrentFinancialInstruments 2023-09-30 09241129 frs-core:Non-currentFinancialInstruments 2023-09-30 09241129 frs-core:BetweenOneFiveYears 2023-09-30 09241129 frs-core:ComputerEquipment 2023-09-30 09241129 frs-core:ComputerEquipment 2022-10-01 2023-09-30 09241129 frs-core:ComputerEquipment 2022-09-30 09241129 frs-core:FurnitureFittings 2023-09-30 09241129 frs-core:FurnitureFittings 2022-10-01 2023-09-30 09241129 frs-core:FurnitureFittings 2022-09-30 09241129 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 09241129 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-10-01 2023-09-30 09241129 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-09-30 09241129 frs-core:MotorVehicles 2023-09-30 09241129 frs-core:MotorVehicles 2022-10-01 2023-09-30 09241129 frs-core:MotorVehicles 2022-09-30 09241129 frs-core:PlantMachinery 2023-09-30 09241129 frs-core:PlantMachinery 2022-10-01 2023-09-30 09241129 frs-core:PlantMachinery 2022-09-30 09241129 frs-core:WithinOneYear 2023-09-30 09241129 frs-core:ShareCapital 2023-09-30 09241129 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 09241129 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 09241129 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 09241129 frs-bus:SmallEntities 2022-10-01 2023-09-30 09241129 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 09241129 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 09241129 frs-bus:Director1 2022-10-01 2023-09-30 09241129 frs-bus:Director2 2022-10-01 2023-09-30 09241129 frs-bus:Director3 2022-10-01 2023-09-30 09241129 frs-bus:Director4 2022-10-01 2023-09-30 09241129 frs-countries:EnglandWales 2022-10-01 2023-09-30 09241129 2021-09-30 09241129 2022-09-30 09241129 2021-10-01 2022-09-30 09241129 frs-core:CurrentFinancialInstruments 2022-09-30 09241129 frs-core:Non-currentFinancialInstruments 2022-09-30 09241129 frs-core:BetweenOneFiveYears 2022-09-30 09241129 frs-core:WithinOneYear 2022-09-30 09241129 frs-core:ShareCapital 2022-09-30 09241129 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 09241129
Hemel Access Limited
Unaudited Financial Statements
For The Year Ended 30 September 2023
Harrisons Accountancy Ltd
Harrison House Sheep Walk
Langford Road
Biggleswade
Bedfordshire
SG18 9RB
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 09241129
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 230,137 330,485
230,137 330,485
CURRENT ASSETS
Stocks 4 40,544 54,627
Debtors 5 505,194 423,247
Cash at bank and in hand 73,799 218,603
619,537 696,477
Creditors: Amounts Falling Due Within One Year 6 (364,104 ) (396,171 )
NET CURRENT ASSETS (LIABILITIES) 255,433 300,306
TOTAL ASSETS LESS CURRENT LIABILITIES 485,570 630,791
Creditors: Amounts Falling Due After More Than One Year 7 (246,220 ) (218,901 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (51,951 ) (53,996 )
NET ASSETS 187,399 357,894
CAPITAL AND RESERVES
Called up share capital 9 100 100
Income Statement 187,299 357,794
SHAREHOLDERS' FUNDS 187,399 357,894
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Page 2
For the year ending 30 September 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 Income Statement.
On behalf of the board
Mr Kristian McNulty
Director
Mr Steven Storey
Director
25/09/2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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 10yrs on cost
Plant & Machinery 15% on cost
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 20% on cost
Computer Equipment 20% on cost
1.4. 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.
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.
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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 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 34 (2022: 34)
34 34
3. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 October 2022 13,600 721,426 475,090 4,642
Additions - - 34,990 -
Disposals - (70,768 ) (19,999 ) -
As at 30 September 2023 13,600 650,658 490,081 4,642
Depreciation
As at 1 October 2022 9,660 518,809 352,466 4,642
Provided during the period 1,360 73,939 40,456 -
Disposals - (61,706 ) (10,000 ) -
As at 30 September 2023 11,020 531,042 382,922 4,642
Net Book Value
As at 30 September 2023 2,580 119,616 107,159 -
As at 1 October 2022 3,940 202,617 122,624 -
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Computer Equipment Total
£ £
Cost
As at 1 October 2022 8,078 1,222,836
Additions - 34,990
Disposals - (90,767 )
As at 30 September 2023 8,078 1,167,059
Depreciation
As at 1 October 2022 6,774 892,351
Provided during the period 522 116,277
Disposals - (71,706 )
As at 30 September 2023 7,296 936,922
Net Book Value
As at 30 September 2023 782 230,137
As at 1 October 2022 1,304 330,485
4. Stocks
2023 2022
£ £
Work in progress 40,544 54,627
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 164,583 34,918
Prepayments and accrued income 1,093 5,585
Other debtors 123,596 58,757
VAT 7,924 10,464
Directors' loan accounts 207,998 313,523
505,194 423,247
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 59,312 60,850
Trade creditors 26,907 14,751
Bank loans and overdrafts 89,743 85,077
Corporation tax 158,543 196,041
Other taxes and social security 10,137 14,498
Other creditors 512 710
Accruals and deferred income 15,379 21,492
Directors' loan accounts 3,571 2,752
364,104 396,171
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7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 12,749 51,016
Bank loans 233,471 167,885
246,220 218,901
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The maturity of these amounts is as follows:
Within one year 59,312 60,850
Between one and five years 12,749 51,016
72,061 111,866
72,061 111,866
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
10. General Information
Hemel Access Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09241129 . The registered office is Harrison House, Sheep Walk, Langford Road, Biggleswade, Bedfordshire, SG18 9RB.
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