Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 27 February 2024 27 February 2024 06813409 Mr Daniel Somekh Mrs Natalie Somekh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06813409 2023-02-28 06813409 2024-02-27 06813409 2023-03-01 2024-02-27 06813409 frs-core:CurrentFinancialInstruments 2024-02-27 06813409 frs-core:Non-currentFinancialInstruments 2024-02-27 06813409 frs-core:ComputerEquipment 2024-02-27 06813409 frs-core:ComputerEquipment 2023-03-01 2024-02-27 06813409 frs-core:ComputerEquipment 2023-02-28 06813409 frs-core:FurnitureFittings 2024-02-27 06813409 frs-core:FurnitureFittings 2023-03-01 2024-02-27 06813409 frs-core:FurnitureFittings 2023-02-28 06813409 frs-core:MotorVehicles 2024-02-27 06813409 frs-core:MotorVehicles 2023-03-01 2024-02-27 06813409 frs-core:MotorVehicles 2023-02-28 06813409 frs-core:ShareCapital 2024-02-27 06813409 frs-core:RetainedEarningsAccumulatedLosses 2024-02-27 06813409 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-27 06813409 frs-bus:FilletedAccounts 2023-03-01 2024-02-27 06813409 frs-bus:SmallEntities 2023-03-01 2024-02-27 06813409 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-27 06813409 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-27 06813409 frs-bus:Director1 2023-03-01 2024-02-27 06813409 frs-bus:CompanySecretary1 2023-03-01 2024-02-27 06813409 frs-countries:EnglandWales 2023-03-01 2024-02-27 06813409 2022-02-28 06813409 2023-02-28 06813409 2022-03-01 2023-02-28 06813409 frs-core:CurrentFinancialInstruments 2023-02-28 06813409 frs-core:Non-currentFinancialInstruments 2023-02-28 06813409 frs-core:ShareCapital 2023-02-28 06813409 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 06813409
Huddle London Limited
Unaudited Financial Statements
For The Year Ended 27 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06813409
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,322 26,727
20,322 26,727
CURRENT ASSETS
Debtors 5 203,257 72,638
Cash at bank and in hand 66,209 298,324
269,466 370,962
Creditors: Amounts Falling Due Within One Year 6 (122,385 ) (173,147 )
NET CURRENT ASSETS (LIABILITIES) 147,081 197,815
TOTAL ASSETS LESS CURRENT LIABILITIES 167,403 224,542
Creditors: Amounts Falling Due After More Than One Year 7 (13,333 ) (23,333 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,026 ) (6,026 )
NET ASSETS 149,044 195,183
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 148,944 195,083
SHAREHOLDERS' FUNDS 149,044 195,183
Page 1
Page 2
For the year ending 27 February 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
Mr Daniel Somekh
Director
14 November 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
Huddle London Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 06813409 . The registered office is 20a Hanbury Street, Flat 4, London, England, E1 6QR.
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 value added taxes. Turnover is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can 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:
Motor Vehicles 20% Straight line
Fixtures and fittings 25% Straight line
Computer equipment 25% Straight line
2.4. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
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
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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.
...CONTINUED
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Page 4
2.6. Taxation - continued
Deferred tax 
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 asset reflects 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.
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: 7 (2023: 8)
7 8
4. Tangible Assets
Motor Vehicles Fixtures and fittings Computer equipment Total
£ £ £ £
Cost
As at 1 March 2023 31,009 16,906 38,074 85,989
Additions - 270 2,486 2,756
As at 27 February 2024 31,009 17,176 40,560 88,745
Depreciation
As at 1 March 2023 12,540 14,866 31,856 59,262
Provided during the period 6,202 649 2,310 9,161
As at 27 February 2024 18,742 15,515 34,166 68,423
Net Book Value
As at 27 February 2024 12,267 1,661 6,394 20,322
As at 1 March 2023 18,469 2,040 6,218 26,727
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 153,019 70,674
Other debtors 50,238 1,964
203,257 72,638
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 40,008 50,804
Bank loans and overdrafts 10,000 10,000
Other creditors 18,239 45,155
Taxation and social security 54,138 67,188
122,385 173,147
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 13,333 23,333
Page 5