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 08978201 Dr Damian Markham-Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08978201 2023-04-30 08978201 2024-04-30 08978201 2023-05-01 2024-04-30 08978201 frs-core:CurrentFinancialInstruments 2024-04-30 08978201 frs-core:Non-currentFinancialInstruments 2024-04-30 08978201 frs-core:ComputerEquipment 2024-04-30 08978201 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08978201 frs-core:ComputerEquipment 2023-04-30 08978201 frs-core:FurnitureFittings 2024-04-30 08978201 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08978201 frs-core:FurnitureFittings 2023-04-30 08978201 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 08978201 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 08978201 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 08978201 frs-core:MotorVehicles 2024-04-30 08978201 frs-core:MotorVehicles 2023-05-01 2024-04-30 08978201 frs-core:MotorVehicles 2023-04-30 08978201 frs-core:ShareCapital 2024-04-30 08978201 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08978201 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08978201 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08978201 frs-bus:SmallEntities 2023-05-01 2024-04-30 08978201 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08978201 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08978201 frs-bus:Director1 2023-05-01 2024-04-30 08978201 frs-countries:EnglandWales 2023-05-01 2024-04-30 08978201 2022-04-30 08978201 2023-04-30 08978201 2022-05-01 2023-04-30 08978201 frs-core:CurrentFinancialInstruments 2023-04-30 08978201 frs-core:Non-currentFinancialInstruments 2023-04-30 08978201 frs-core:ShareCapital 2023-04-30 08978201 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08978201
HDSGreentech Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Penneys Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08978201
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 133,502 148,819
133,502 148,819
CURRENT ASSETS
Debtors 5 47,618 49,430
Cash at bank and in hand 106,147 10,125
153,765 59,555
Creditors: Amounts Falling Due Within One Year 6 (68,880 ) (51,682 )
NET CURRENT ASSETS (LIABILITIES) 84,885 7,873
TOTAL ASSETS LESS CURRENT LIABILITIES 218,387 156,692
Creditors: Amounts Falling Due After More Than One Year 7 (28,572 ) (33,788 )
NET ASSETS 189,815 122,904
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 189,715 122,804
SHAREHOLDERS' FUNDS 189,815 122,904
Page 1
Page 2
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 member has 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
Dr Damian Markham-Smith
Director
16/10/2024
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
HDSGreentech Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08978201 . The registered office is Westmead House, Westmead, Farnborough, Hampshire, GU14 7LP.
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
Motor Vehicles 15%SL
Fixtures & Fittings 20%SL
Computer Equipment 20%SL
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. 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
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4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 26,679 139,256 - 24,299 190,234
Additions - 42,989 1,461 4,780 49,230
Disposals - (53,750 ) - - (53,750 )
As at 30 April 2024 26,679 128,495 1,461 29,079 185,714
Depreciation
As at 1 May 2023 - 26,137 - 15,278 41,415
Provided during the period - 21,005 158 5,445 26,608
Disposals - (15,811 ) - - (15,811 )
As at 30 April 2024 - 31,331 158 20,723 52,212
Net Book Value
As at 30 April 2024 26,679 97,164 1,303 8,356 133,502
As at 1 May 2023 26,679 113,119 - 9,021 148,819
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 47,397 49,143
Other debtors 221 287
47,618 49,430
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,638 5,298
Bank loans and overdrafts 6,082 6,082
Other creditors 1,968 1,593
Taxation and social security 53,192 38,709
68,880 51,682
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 28,572 33,788
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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