Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 07506904 Mrs S J Humphrey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07506904 2023-01-31 07506904 2024-01-31 07506904 2023-02-01 2024-01-31 07506904 frs-core:CurrentFinancialInstruments 2024-01-31 07506904 frs-core:PlantMachinery 2024-01-31 07506904 frs-core:PlantMachinery 2023-02-01 2024-01-31 07506904 frs-core:PlantMachinery 2023-01-31 07506904 frs-core:ShareCapital 2024-01-31 07506904 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07506904 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07506904 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 07506904 frs-bus:SmallEntities 2023-02-01 2024-01-31 07506904 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07506904 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07506904 frs-core:CostValuation 2023-01-31 07506904 frs-core:AdditionsToInvestments 2024-01-31 07506904 frs-core:CostValuation 2024-01-31 07506904 frs-core:ProvisionsForImpairmentInvestments 2023-01-31 07506904 frs-core:ProvisionsForImpairmentInvestments 2024-01-31 07506904 frs-bus:Director1 2023-02-01 2024-01-31 07506904 frs-countries:EnglandWales 2023-02-01 2024-01-31 07506904 2022-01-31 07506904 2023-01-31 07506904 2022-02-01 2023-01-31 07506904 frs-core:CurrentFinancialInstruments 2023-01-31 07506904 frs-core:ShareCapital 2023-01-31 07506904 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 07506904
SH Investments Ltd
Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07506904
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 130 162
Investments 5 52,139 -
52,269 162
CURRENT ASSETS
Debtors 6 600,035 500,035
Cash at bank and in hand 47,864 217,078
647,899 717,113
Creditors: Amounts Falling Due Within One Year 7 (33,243 ) (18,582 )
NET CURRENT ASSETS (LIABILITIES) 614,656 698,531
TOTAL ASSETS LESS CURRENT LIABILITIES 666,925 698,693
NET ASSETS 666,925 698,693
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 666,924 698,692
SHAREHOLDERS' FUNDS 666,925 698,693
Page 1
Page 2
For the year ending 31 January 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 S J Humphrey
Director
15 October 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
SH Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07506904 . The registered office is 550 Valley Rd, Basford, Nottingham, NG5 1JJ.
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. 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 20%
2.3. 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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 February 2023 1,890
As at 31 January 2024 1,890
Depreciation
As at 1 February 2023 1,728
Provided during the period 32
As at 31 January 2024 1,760
Net Book Value
As at 31 January 2024 130
As at 1 February 2023 162
Page 3
Page 4
5. Investments
Other
£
Cost
As at 1 February 2023 -
Additions 52,139
As at 31 January 2024 52,139
Provision
As at 1 February 2023 -
As at 31 January 2024 -
Net Book Value
As at 31 January 2024 52,139
As at 1 February 2023 -
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 35 35
Other debtors 600,000 500,000
600,035 500,035
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - 17,259
Accruals and deferred income 1,063 1,063
Director's loan account 32,180 260
33,243 18,582
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Related Party Transactions
At the balance sheet, the company owed the director £32,180 (2023:£260). The directors loan account is unsecured, interest free and repayable on demand.
Page 4