Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 00765364 Mrs Y R Neville Mr G E Neville Mrs Y R Neville iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00765364 2023-04-30 00765364 2024-04-30 00765364 2023-05-01 2024-04-30 00765364 frs-core:CurrentFinancialInstruments 2024-04-30 00765364 frs-core:FurnitureFittings 2024-04-30 00765364 frs-core:FurnitureFittings 2023-05-01 2024-04-30 00765364 frs-core:FurnitureFittings 2023-04-30 00765364 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 00765364 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00765364 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 00765364 frs-core:ShareCapital 2024-04-30 00765364 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 00765364 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 00765364 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 00765364 frs-bus:SmallEntities 2023-05-01 2024-04-30 00765364 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 00765364 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 00765364 frs-bus:Director1 2023-05-01 2024-04-30 00765364 frs-bus:Director2 2023-05-01 2024-04-30 00765364 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 00765364 frs-countries:EnglandWales 2023-05-01 2024-04-30 00765364 2022-04-30 00765364 2023-04-30 00765364 2022-05-01 2023-04-30 00765364 frs-core:CurrentFinancialInstruments 2023-04-30 00765364 frs-core:ShareCapital 2023-04-30 00765364 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 00765364
Neville (Horning) Limited
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 00765364
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 83,771 84,660
83,771 84,660
CURRENT ASSETS
Debtors 5 746 1,266
Cash at bank and in hand 21,292 13,119
22,038 14,385
Creditors: Amounts Falling Due Within One Year 6 (19,262 ) (14,447 )
NET CURRENT ASSETS (LIABILITIES) 2,776 (62 )
TOTAL ASSETS LESS CURRENT LIABILITIES 86,547 84,598
PROVISIONS FOR LIABILITIES
Deferred Taxation (506 ) (675 )
NET ASSETS 86,041 83,923
CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Profit and Loss Account 76,041 73,923
SHAREHOLDERS' FUNDS 86,041 83,923
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For the year ending 30 April 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.
The financial statements were approved by the board of directors on 6 August 2024 and were signed on its behalf by: 
Mr G E Neville
Director
6 August 2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Neville (Horning) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00765364 . The registered office is Suite 5, The Willows, Ransom Wood Business Park, Southwell Road West, Rainworth, Mansfield, Nottinghamshire, NG21 0HJ.
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.
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.
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 No depreciation charged
Fixtures & Fittings 25% reducing balance basis
2.4. 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: 2 (2023: 2)
2 2
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4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2023 81,107 23,322 104,429
As at 30 April 2024 81,107 23,322 104,429
Depreciation
As at 1 May 2023 - 19,769 19,769
Provided during the period - 889 889
As at 30 April 2024 - 20,658 20,658
Net Book Value
As at 30 April 2024 81,107 2,664 83,771
As at 1 May 2023 81,107 3,553 84,660
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 637
Prepayments and accrued income 746 629
746 1,266
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 2,057 670
Accruals and deferred income 2,640 1,327
Directors' loan accounts 14,565 12,450
19,262 14,447
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10,000 10,000
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