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 11737795 Mr Martin Wallwork Mrs Sarah Wallwork iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11737795 2023-03-31 11737795 2024-03-31 11737795 2023-04-01 2024-03-31 11737795 frs-core:CurrentFinancialInstruments 2024-03-31 11737795 frs-core:Non-currentFinancialInstruments 2024-03-31 11737795 frs-core:FurnitureFittings 2024-03-31 11737795 frs-core:FurnitureFittings 2023-04-01 2024-03-31 11737795 frs-core:FurnitureFittings 2023-03-31 11737795 frs-core:ShareCapital 2024-03-31 11737795 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11737795 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11737795 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11737795 frs-bus:SmallEntities 2023-04-01 2024-03-31 11737795 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11737795 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11737795 frs-bus:Director1 2023-04-01 2024-03-31 11737795 frs-bus:Director2 2023-04-01 2024-03-31 11737795 frs-countries:EnglandWales 2023-04-01 2024-03-31 11737795 2022-03-31 11737795 2023-03-31 11737795 2022-04-01 2023-03-31 11737795 frs-core:CurrentFinancialInstruments 2023-03-31 11737795 frs-core:Non-currentFinancialInstruments 2023-03-31 11737795 frs-core:ShareCapital 2023-03-31 11737795 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11737795
HC Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Accountancy Extra
33 Harrison Road
Halifax
HX1 2AF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11737795
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,040 3,111
Investment Properties 5 535,481 535,481
537,521 538,592
CURRENT ASSETS
Debtors 6 1,484 250
Cash at bank and in hand 1,042 258
2,526 508
Creditors: Amounts Falling Due Within One Year 7 (213,681 ) (210,030 )
NET CURRENT ASSETS (LIABILITIES) (211,155 ) (209,522 )
TOTAL ASSETS LESS CURRENT LIABILITIES 326,366 329,070
Creditors: Amounts Falling Due After More Than One Year 8 (371,233 ) (371,233 )
NET LIABILITIES (44,867 ) (42,163 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (44,967 ) (42,263 )
SHAREHOLDERS' FUNDS (44,867) (42,163)
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 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
Mr Martin Wallwork
Director
09/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
HC Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11737795 . The registered office is 1 Hill Top Avenue, Cheadle Hulme, Cheadle, Greater Manchester, SK8 7HN.
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.
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.
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:
Fixtures & Fittings over 5 years
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2023 5,354
As at 31 March 2024 5,354
Depreciation
As at 1 April 2023 2,243
Provided during the period 1,071
As at 31 March 2024 3,314
Net Book Value
As at 31 March 2024 2,040
As at 1 April 2023 3,111
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5. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 535,481
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,038 -
Other debtors 446 250
1,484 250
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 213,681 210,030
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 371,233 371,233
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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