Acorah Software Products - Accounts Production 16.0.110 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 05790541 Mr Simon Harper Mrs Karen Harper iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05790541 2023-05-31 05790541 2024-05-31 05790541 2023-06-01 2024-05-31 05790541 frs-core:CurrentFinancialInstruments 2024-05-31 05790541 frs-core:Non-currentFinancialInstruments 2024-05-31 05790541 frs-core:BetweenOneFiveYears 2024-05-31 05790541 frs-core:ComputerEquipment 2024-05-31 05790541 frs-core:ComputerEquipment 2023-06-01 2024-05-31 05790541 frs-core:ComputerEquipment 2023-05-31 05790541 frs-core:FurnitureFittings 2024-05-31 05790541 frs-core:FurnitureFittings 2023-06-01 2024-05-31 05790541 frs-core:FurnitureFittings 2023-05-31 05790541 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 05790541 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 05790541 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 05790541 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 05790541 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 05790541 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 05790541 frs-core:MotorVehicles 2024-05-31 05790541 frs-core:MotorVehicles 2023-06-01 2024-05-31 05790541 frs-core:MotorVehicles 2023-05-31 05790541 frs-core:WithinOneYear 2024-05-31 05790541 frs-core:ShareCapital 2024-05-31 05790541 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 05790541 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05790541 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 05790541 frs-bus:SmallEntities 2023-06-01 2024-05-31 05790541 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05790541 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05790541 frs-bus:OrdinaryShareClass1 2023-06-01 2024-05-31 05790541 frs-bus:OrdinaryShareClass1 2024-05-31 05790541 frs-bus:OrdinaryShareClass2 2023-06-01 2024-05-31 05790541 frs-bus:OrdinaryShareClass2 2024-05-31 05790541 frs-core:DeferredTaxation 2023-06-01 2024-05-31 05790541 frs-core:DeferredTaxation 2023-05-31 05790541 frs-core:DeferredTaxation 2024-05-31 05790541 frs-core:UnlistedNon-exchangeTraded 2024-05-31 05790541 frs-core:UnlistedNon-exchangeTraded 2023-05-31 05790541 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-05-31 05790541 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-05-31 05790541 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 05790541 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-05-31 05790541 frs-bus:Director1 2023-06-01 2024-05-31 05790541 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 05790541 frs-countries:EnglandWales 2023-06-01 2024-05-31 05790541 2022-05-31 05790541 2023-05-31 05790541 2022-06-01 2023-05-31 05790541 frs-core:CurrentFinancialInstruments 2023-05-31 05790541 frs-core:Non-currentFinancialInstruments 2023-05-31 05790541 frs-core:BetweenOneFiveYears 2023-05-31 05790541 frs-core:FurnitureFittings 2022-06-01 2023-05-31 05790541 frs-core:WithinOneYear 2023-05-31 05790541 frs-core:ShareCapital 2023-05-31 05790541 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 05790541 frs-bus:OrdinaryShareClass1 2022-06-01 2023-05-31 05790541 frs-bus:OrdinaryShareClass2 2022-06-01 2023-05-31
Registered number: 05790541
Harper Construction Recruitment Limited
Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 05790541
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 26,787 33,493
Investments 5 582 582
27,369 34,075
CURRENT ASSETS
Debtors 6 669,030 1,253,402
Cash at bank and in hand 17,264 37,470
686,294 1,290,872
Creditors: Amounts Falling Due Within One Year 7 (499,424 ) (688,066 )
NET CURRENT ASSETS (LIABILITIES) 186,870 602,806
TOTAL ASSETS LESS CURRENT LIABILITIES 214,239 636,881
Creditors: Amounts Falling Due After More Than One Year 8 - (333 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,221 ) (4,940 )
NET ASSETS 209,018 631,608
CAPITAL AND RESERVES
Called up share capital 12 370 100
Profit and Loss Account 208,648 631,508
SHAREHOLDERS' FUNDS 209,018 631,608
Page 1
Page 2
For the year ending 31 May 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 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 Simon Harper
Director
29 October 2024
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Harper Construction Recruitment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05790541 . The registered office is 5a Yeo Bank Business Park, Kenn Road, Clevedon, Bristol, BS21 6UW.
The presentation currency of the financial statements is the Pound Sterling (£)
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 represents the revenue generated from the sale of services. Revenue is measured at the fair value of the consideration received and receivable excluding value added tax.
Revenue from services is recognised when services have been provided and the contractual right to the consideration has been earned. For incomplete contracts an assessment is made of the extent to which revenue has been earned.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses
Depreciation is provided at following annual rates in order 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
Leasehold 25% Red. Bal
Motor Vehicles 25% Red. Bal
Fixtures & Fittings 25% Red Bal.
Computer Equipment 33% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter with a full charge on the year of acquisition.
The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.
2.5. Financial Instruments
Financial liabilities and equity instruments are classified and accounted for according to the substance of contractual arrangements, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Page 3
Page 4
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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.
2.8. 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
The average number of employees, including directors, during the year was 10 (2023: 11)
10 11
4. Tangible Assets
Land & Property
Freehold Leasehold Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 June 2023 12,111 35,331 22,400 25,822
Additions - - - -
Disposals - (7,162 ) - (2,388 )
As at 31 May 2024 12,111 28,169 22,400 23,434
Depreciation
As at 1 June 2023 - 27,610 20,456 16,124
Provided during the period - 1,855 486 2,535
Disposals - (6,860 ) - (2,230 )
As at 31 May 2024 - 22,605 20,942 16,429
...CONTINUED
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Net Book Value
As at 31 May 2024 12,111 5,564 1,458 7,005
As at 1 June 2023 12,111 7,721 1,944 9,698
Computer Equipment Total
£ £
Cost
As at 1 June 2023 25,409 121,073
Additions 418 418
Disposals (12,179 ) (21,729 )
As at 31 May 2024 13,648 99,762
Depreciation
As at 1 June 2023 23,390 87,580
Provided during the period 1,788 6,664
Disposals (12,179 ) (21,269 )
As at 31 May 2024 12,999 72,975
Net Book Value
As at 31 May 2024 649 26,787
As at 1 June 2023 2,019 33,493
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Fixtures & Fittings 392 722
5. Investments
Unlisted
£
Cost
As at 1 June 2023 582
As at 31 May 2024 582
Provision
As at 1 June 2023 -
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 582
As at 1 June 2023 582
Page 5
Page 6
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 593,261 945,638
Other debtors 75,769 307,764
669,030 1,253,402
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 333 333
Trade creditors 10,282 25,787
Other creditors 445,462 555,446
Taxation and social security 43,347 106,500
499,424 688,066
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 333
9. Secured Creditors
The following secured debts are included within creditors:
2024 2023
£ £
Other Creditors 340,783 514,521
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 333 333
Later than one year and not later than five years - 333
333 666
333 666
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11. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 June 2023 4,940 4,940
Deferred taxation 281 281
Balance at 31 May 2024 5,221 5,221
The provision for deferred taxation is made up of accelerated capital allowances.
12. Share Capital
2024 2023
Allotted, called up and fully paid £ £
0 Ordinary Shares of £ 0.00 each - 100
370 Ordinary A shares of £ 1.00 each 370 -
370 100
Shares issued during the period: £
370 Ordinary A shares of £ 1.00 each 370
Shares disposed during the period: £
100 Ordinary Shares of £ 1.00 each (100)
On 4th March 2024, 100 Ordinary shares were reclassified as 100 'A' Ordinary shares.
On 5th March 2024, the company issued 2.70 bonus shares for every 1 share held.
13. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year - 57,375
- 57,375
14. Related Party Transactions
During the year, total dividends of £480,000 (2023 - £178,200) were paid to the director and company secretary.
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