Acorah Software Products - Accounts Production 14.6.300 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 08359522 Mr Hardev Singh Mr Hardev Singh true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08359522 2023-01-31 08359522 2024-01-31 08359522 2023-02-01 2024-01-31 08359522 frs-core:CurrentFinancialInstruments 2024-01-31 08359522 frs-core:Non-currentFinancialInstruments 2024-01-31 08359522 frs-core:MotorVehicles 2024-01-31 08359522 frs-core:MotorVehicles 2023-02-01 2024-01-31 08359522 frs-core:MotorVehicles 2023-01-31 08359522 frs-core:PlantMachinery 2024-01-31 08359522 frs-core:PlantMachinery 2023-02-01 2024-01-31 08359522 frs-core:PlantMachinery 2023-01-31 08359522 frs-core:ShareCapital 2024-01-31 08359522 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 08359522 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08359522 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 08359522 frs-bus:SmallEntities 2023-02-01 2024-01-31 08359522 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08359522 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08359522 frs-bus:OrdinaryShareClass1 2023-02-01 2024-01-31 08359522 frs-bus:OrdinaryShareClass1 2024-01-31 08359522 1 2023-02-01 2024-01-31 08359522 frs-bus:Director1 2023-02-01 2024-01-31 08359522 frs-countries:EnglandWales 2023-02-01 2024-01-31 08359522 2022-01-31 08359522 2023-01-31 08359522 2022-02-01 2023-01-31 08359522 frs-core:CurrentFinancialInstruments 2023-01-31 08359522 frs-core:Non-currentFinancialInstruments 2023-01-31 08359522 frs-core:ShareCapital 2023-01-31 08359522 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 08359522 frs-bus:OrdinaryShareClass1 2022-02-01 2023-01-31
Registered number: 08359522
Harnam Construction Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Hallys & Co
Chartered Accountants
Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08359522
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 23,003 14,057
23,003 14,057
CURRENT ASSETS
Stocks 5 50,110 49,500
Debtors 6 635,464 426,433
Cash at bank and in hand 61,873 51,968
747,447 527,901
Creditors: Amounts Falling Due Within One Year 7 (202,081 ) (129,862 )
NET CURRENT ASSETS (LIABILITIES) 545,366 398,039
TOTAL ASSETS LESS CURRENT LIABILITIES 568,369 412,096
Creditors: Amounts Falling Due After More Than One Year 8 (34,922 ) (40,346 )
NET ASSETS 533,447 371,750
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 533,347 371,650
SHAREHOLDERS' FUNDS 533,447 371,750
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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 his 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 Hardev Singh
Director
17/10/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Harnam Construction Ltd Registered number 08359522 is a limited by shares company incorporated in England & Wales. The Registered Office is Devonshire House, 582 Honeypot Lane, Stanmore, Middlesex, HA7 1JS.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 18% Straight line
Motor Vehicles 18% 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
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 4 4
5 5
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 February 2023 3,595 36,190 39,785
Additions - 13,995 13,995
As at 31 January 2024 3,595 50,185 53,780
Depreciation
As at 1 February 2023 3,595 22,133 25,728
Provided during the period - 5,049 5,049
As at 31 January 2024 3,595 27,182 30,777
Net Book Value
As at 31 January 2024 - 23,003 23,003
As at 1 February 2023 - 14,057 14,057
5. Stocks
2024 2023
£ £
Stock 50,110 49,500
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 210,000 -
Other debtors 840 1,809
Amounts owed by other participating interests 424,624 424,624
635,464 426,433
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 85,250 62,613
Corporation tax 58,595 20,108
Other taxes and social security 8,981 1,238
Other creditors - 211
Accruals and deferred income 3,200 3,200
Director's loan account 46,055 42,492
202,081 129,862
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 34,922 40,346
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9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.000 each 100 100
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Hardev Singh 12,350 13,250
11. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 12,350 13,250
12. Ultimate Controlling Party
The company's ultimate controlling party is the director Mr Hardev Singh by virtue of his ownership of 100% of the issued share capital in the company.
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