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 12416324 Mr Dale Graham Mr Ashley Wheeler the shareholder's true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12416324 2023-01-31 12416324 2024-01-31 12416324 2023-02-01 2024-01-31 12416324 frs-core:CurrentFinancialInstruments 2024-01-31 12416324 frs-core:Non-currentFinancialInstruments 2024-01-31 12416324 frs-core:BetweenOneFiveYears 2024-01-31 12416324 frs-core:ComputerEquipment 2024-01-31 12416324 frs-core:ComputerEquipment 2023-02-01 2024-01-31 12416324 frs-core:ComputerEquipment 2023-01-31 12416324 frs-core:FurnitureFittings 2023-02-01 2024-01-31 12416324 frs-core:WithinOneYear 2024-01-31 12416324 frs-core:ShareCapital 2024-01-31 12416324 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 12416324 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12416324 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 12416324 frs-bus:SmallEntities 2023-02-01 2024-01-31 12416324 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 12416324 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 12416324 1 2023-02-01 2024-01-31 12416324 frs-bus:Director1 2023-02-01 2024-01-31 12416324 frs-bus:Director1 2023-01-31 12416324 frs-bus:Director1 2024-01-31 12416324 frs-bus:Director2 2023-02-01 2024-01-31 12416324 frs-bus:Director2 2023-01-31 12416324 frs-bus:Director2 2024-01-31 12416324 frs-countries:EnglandWales 2023-02-01 2024-01-31 12416324 2022-01-31 12416324 2023-01-31 12416324 2022-02-01 2023-01-31 12416324 frs-core:CurrentFinancialInstruments 2023-01-31 12416324 frs-core:Non-currentFinancialInstruments 2023-01-31 12416324 frs-core:BetweenOneFiveYears 2023-01-31 12416324 frs-core:WithinOneYear 2023-01-31 12416324 frs-core:ShareCapital 2023-01-31 12416324 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 12416324
Grow With Hde Ltd
Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12416324
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,879 24,314
6,879 24,314
CURRENT ASSETS
Debtors 5 221,251 142,790
Cash at bank and in hand 110,707 41,459
331,958 184,249
Creditors: Amounts Falling Due Within One Year 6 (303,046 ) (172,281 )
NET CURRENT ASSETS (LIABILITIES) 28,912 11,968
TOTAL ASSETS LESS CURRENT LIABILITIES 35,791 36,282
Creditors: Amounts Falling Due After More Than One Year 7 (27,777 ) (35,185 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,307 ) -
NET ASSETS 6,707 1,097
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 6,607 997
SHAREHOLDERS' FUNDS 6,707 1,097
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 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 Dale Graham
Director
30/09/2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Grow With Hde Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12416324 . The registered office is Queen Charlotte House, 53-55 Queen Charlotte Street, Bristol, BS1 4HQ.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Fixtures & Fittings 7 year straight line
Computer Equipment 3 year straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. 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.
...CONTINUED
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2.6. Taxation - continued
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 assets reflect 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 9)
6 9
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2023 45,849
Disposals (28,175 )
As at 31 January 2024 17,674
Depreciation
As at 1 February 2023 21,535
Disposals (10,740 )
As at 31 January 2024 10,795
Net Book Value
As at 31 January 2024 6,879
As at 1 February 2023 24,314
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 82,535 38,312
Amounts owed by group undertakings 81,161 104,478
Other debtors 57,555 -
221,251 142,790
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 36,887 18,271
Bank loans and overdrafts 5,556 5,556
Other creditors - 3,667
Taxation and social security 260,603 144,787
303,046 172,281
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 27,777 35,185
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 81,099 36,000
Later than one year and not later than five years 238,149 -
319,248 36,000
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Mr Dale Graham 32,257 5,040 5,040 - 32,257
Mr Ashley Wheeler 26,085 3,771 3,771 - 26,085
The above loan is unsecured, interest free and repayable on demand. 
11. Related Party Transactions
As at 1 February 2023,Grow With Hde Ltd was owed £21,850 by a related company. During the year, additional payments of £970 were made on behalf of the related party. As at 31 January 2024, the amount outstanding was £22,820. This loan is interest-free and repayable on demand. 
12. Ultimate Controlling Party
The company's ultimate controlling party is the shareholder's by virtue of his ownership of 100% of the issued share capital in the company.
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