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 06022348 Mr S F Jenner Mr J G Webb Mrs C Ryall Mr J R Read Mrs H Bardoe Mr M D King Mrs J Jackson Mr J P McInulty Mr J M Read Mrs G B Tearle Mrs C McInulty Mrs C Wheeler J Jackson Mr J Wheeler Finsbury Robinson Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06022348 2023-05-31 06022348 2024-05-31 06022348 2023-06-01 2024-05-31 06022348 frs-core:Non-currentFinancialInstruments 2024-05-31 06022348 frs-core:ComputerEquipment 2024-05-31 06022348 frs-core:ComputerEquipment 2023-06-01 2024-05-31 06022348 frs-core:ComputerEquipment 2023-05-31 06022348 frs-core:FurnitureFittings 2024-05-31 06022348 frs-core:FurnitureFittings 2023-06-01 2024-05-31 06022348 frs-core:FurnitureFittings 2023-05-31 06022348 frs-core:PlantMachinery 2024-05-31 06022348 frs-core:PlantMachinery 2023-06-01 2024-05-31 06022348 frs-core:PlantMachinery 2023-05-31 06022348 frs-core:ShareCapital 2024-05-31 06022348 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 06022348 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06022348 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 06022348 frs-bus:SmallEntities 2023-06-01 2024-05-31 06022348 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 06022348 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 06022348 frs-bus:Director1 2023-06-01 2024-05-31 06022348 frs-bus:Director2 2023-06-01 2024-05-31 06022348 frs-bus:Director3 2023-06-01 2024-05-31 06022348 frs-bus:Director4 2023-06-01 2024-05-31 06022348 frs-bus:Director5 2023-06-01 2024-05-31 06022348 frs-bus:Director6 2023-06-01 2024-05-31 06022348 frs-bus:Director7 2023-06-01 2024-05-31 06022348 frs-bus:Director8 2023-06-01 2024-05-31 06022348 frs-bus:Director9 2023-06-01 2024-05-31 06022348 frs-bus:Director10 2023-06-01 2024-05-31 06022348 frs-bus:Director11 2023-06-01 2024-05-31 06022348 frs-bus:Director12 2023-06-01 2024-05-31 06022348 frs-bus:Director13 2023-06-01 2024-05-31 06022348 frs-bus:Director14 2023-06-01 2024-05-31 06022348 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 06022348 frs-countries:EnglandWales 2023-06-01 2024-05-31 06022348 2022-05-31 06022348 2023-05-31 06022348 2022-06-01 2023-05-31 06022348 frs-core:Non-currentFinancialInstruments 2023-05-31 06022348 frs-core:ShareCapital 2023-05-31 06022348 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 06022348
H U Investments Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Finsbury Robinson Ltd
237 Westcombe Hill
London
SE3 7DW
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 06022348
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 37,429 46,728
37,429 46,728
CURRENT ASSETS
Debtors 705,389 733,273
Cash at bank and in hand 65,971 73,836
771,360 807,109
Creditors: Amounts Falling Due Within One Year (90,036 ) (132,489 )
NET CURRENT ASSETS (LIABILITIES) 681,324 674,620
TOTAL ASSETS LESS CURRENT LIABILITIES 718,753 721,348
Creditors: Amounts Falling Due After More Than One Year (10,000 ) (19,920 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,866 ) (8,422 )
NET ASSETS 699,887 693,006
CAPITAL AND RESERVES
Called up share capital 5 160 160
Income Statement 699,727 692,846
SHAREHOLDERS' FUNDS 699,887 693,006
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 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 Income Statement.
On behalf of the board
Mr J M Read
Director
28th October 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
H U Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06022348 . The registered office is 237 Westcombe Hill, London, SE3 7DW.
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.
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:
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 20% on reducing balance
Computer Equipment 33% on cost
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
Tax is recognised in the income statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
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 have been enacted or substantively enacted by the Statement of Financial Position date.
Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the Statement of Financial Position 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 64 (2023: 57)
64 57
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Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 14,573 256,179 3,737 274,489
Additions - - 1,350 1,350
As at 31 May 2024 14,573 256,179 5,087 275,839
Depreciation
As at 1 June 2023 12,448 214,068 1,245 227,761
Provided during the period 531 8,422 1,696 10,649
As at 31 May 2024 12,979 222,490 2,941 238,410
Net Book Value
As at 31 May 2024 1,594 33,689 2,146 37,429
As at 1 June 2023 2,125 42,111 2,492 46,728
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 160 160
Page 4