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 768049 Mr Stuart Andrew iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 768049 2023-01-31 768049 2024-01-31 768049 2023-02-01 2024-01-31 768049 frs-core:CurrentFinancialInstruments 2024-01-31 768049 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 768049 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 768049 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-31 768049 frs-core:PlantMachinery 2024-01-31 768049 frs-core:PlantMachinery 2023-02-01 2024-01-31 768049 frs-core:PlantMachinery 2023-01-31 768049 frs-core:CapitalRedemptionReserve 2024-01-31 768049 frs-core:ShareCapital 2024-01-31 768049 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 768049 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 768049 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 768049 frs-bus:SmallEntities 2023-02-01 2024-01-31 768049 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 768049 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 768049 frs-bus:Director1 2023-02-01 2024-01-31 768049 frs-countries:EnglandWales 2023-02-01 2024-01-31 768049 2022-01-31 768049 2023-01-31 768049 2022-02-01 2023-01-31 768049 frs-core:CurrentFinancialInstruments 2023-01-31 768049 frs-core:CapitalRedemptionReserve 2023-01-31 768049 frs-core:ShareCapital 2023-01-31 768049 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 768049
Hal Whittaker Limited
Unaudited 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: 768049
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 198,682 198,285
198,682 198,285
CURRENT ASSETS
Stocks 5,617 5,050
Cash at bank and in hand 10,210 3,829
15,827 8,879
Creditors: Amounts Falling Due Within One Year 5 (33,734 ) (27,135 )
NET CURRENT ASSETS (LIABILITIES) (17,907 ) (18,256 )
TOTAL ASSETS LESS CURRENT LIABILITIES 180,775 180,029
NET ASSETS 180,775 180,029
CAPITAL AND RESERVES
Called up share capital 6 1,500 1,500
Capital redemption reserve 877 877
Profit and Loss Account 178,398 177,652
SHAREHOLDERS' FUNDS 180,775 180,029
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 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 Stuart Andrew
Director
21/10/2024
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
Hal Whittaker Limited is a private company, limited by shares, incorporated in England & Wales, registered number 768049 . The registered office is 5 Princess St, Knutsford, Cheshire, WA16 6DA.
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. 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.
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 not depreciated
Plant & Machinery 15% on reducing balance and 33% on cost
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
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 asset reflects 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 February 2023 198,000 15,536 213,536
Additions - 700 700
As at 31 January 2024 198,000 16,236 214,236
Depreciation
As at 1 February 2023 - 15,251 15,251
Provided during the period - 303 303
As at 31 January 2024 - 15,554 15,554
Net Book Value
As at 31 January 2024 198,000 682 198,682
As at 1 February 2023 198,000 285 198,285
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 18,048 11,814
Corporation tax 2,342 2,552
Other taxes and social security 4,403 3,893
Other creditors 8,675 8,610
Director's loan account 266 266
33,734 27,135
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,500 1,500
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