Acorah Software Products - Accounts Production 15.0.600 false true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 11764436 Mr Ibrahim Khankhara Mr Hamzah Alli iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11764436 2023-01-31 11764436 2024-01-31 11764436 2023-02-01 2024-01-31 11764436 frs-core:CurrentFinancialInstruments 2024-01-31 11764436 frs-core:Non-currentFinancialInstruments 2024-01-31 11764436 frs-core:FurnitureFittings 2024-01-31 11764436 frs-core:FurnitureFittings 2023-02-01 2024-01-31 11764436 frs-core:FurnitureFittings 2023-01-31 11764436 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 11764436 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-01-31 11764436 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-31 11764436 frs-core:PlantMachinery 2024-01-31 11764436 frs-core:PlantMachinery 2023-02-01 2024-01-31 11764436 frs-core:PlantMachinery 2023-01-31 11764436 frs-core:ShareCapital 2024-01-31 11764436 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11764436 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11764436 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11764436 frs-bus:SmallEntities 2023-02-01 2024-01-31 11764436 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11764436 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11764436 frs-bus:Director1 2023-02-01 2024-01-31 11764436 frs-bus:Director2 2023-02-01 2024-01-31 11764436 frs-countries:EnglandWales 2023-02-01 2024-01-31 11764436 2022-01-31 11764436 2023-01-31 11764436 2022-02-01 2023-01-31 11764436 frs-core:CurrentFinancialInstruments 2023-01-31 11764436 frs-core:Non-currentFinancialInstruments 2023-01-31 11764436 frs-core:ShareCapital 2023-01-31 11764436 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 11764436
HD (Ilford) Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Smith Hannah Limited
Chartered Certified Accountants
50 Woodgate
Leicester
LE3 5GF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11764436
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 521,062 572,633
521,062 572,633
CURRENT ASSETS
Stocks 14,606 15,228
Debtors 5 41,468 39,699
Cash at bank and in hand 35,228 70,551
91,302 125,478
Creditors: Amounts Falling Due Within One Year 6 (267,488 ) (167,912 )
NET CURRENT ASSETS (LIABILITIES) (176,186 ) (42,434 )
TOTAL ASSETS LESS CURRENT LIABILITIES 344,876 530,199
Creditors: Amounts Falling Due After More Than One Year 7 (825,255 ) (858,363 )
NET LIABILITIES (480,379 ) (328,164 )
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account (480,479 ) (328,264 )
SHAREHOLDERS' FUNDS (480,379) (328,164)
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 Hamzah Alli
Director
28th October 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
HD (Ilford) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11764436 . The registered office is 50 Woodgate, Leicester, LE3 5GF.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Leasehold No depreciation
Plant & Machinery 15% Reducing balance
Fixtures & Fittings 15% Reducing balance
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 25 (2023: 25)
25 25
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2023 13,197 114,071 713,199 840,467
Additions - 3,633 41,000 44,633
Disposals - (7,275 ) (1,834 ) (9,109 )
As at 31 January 2024 13,197 110,429 752,365 875,991
Depreciation
As at 1 February 2023 - 28,653 239,181 267,834
Provided during the period - 12,569 77,054 89,623
Disposals - (2,019 ) (509 ) (2,528 )
As at 31 January 2024 - 39,203 315,726 354,929
Net Book Value
As at 31 January 2024 13,197 71,226 436,639 521,062
As at 1 February 2023 13,197 85,418 474,018 572,633
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 25,288 17,089
Other debtors 16,180 15,910
41,468 32,999
Due after more than one year
Other debtors - 6,700
41,468 39,699
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 253,582 111,375
Bank loans and overdrafts 10,200 31,370
Other taxes and social security 2,184 13,749
Other creditors 1,522 11,418
267,488 167,912
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 18,095 28,241
Other creditors 807,160 830,122
825,255 858,363
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts - 21,336
Page 5