Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09847515 Mr Bernard Slade Ms Claire Slade iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09847515 2023-03-31 09847515 2024-03-31 09847515 2023-04-01 2024-03-31 09847515 frs-core:CurrentFinancialInstruments 2024-03-31 09847515 frs-core:ShareCapital 2024-03-31 09847515 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09847515 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09847515 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09847515 frs-bus:SmallEntities 2023-04-01 2024-03-31 09847515 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09847515 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09847515 frs-bus:Director1 2023-04-01 2024-03-31 09847515 frs-bus:Director2 2023-04-01 2024-03-31 09847515 frs-countries:EnglandWales 2023-04-01 2024-03-31 09847515 2022-03-31 09847515 2023-03-31 09847515 2022-04-01 2023-03-31 09847515 frs-core:CurrentFinancialInstruments 2023-03-31 09847515 frs-core:ShareCapital 2023-03-31 09847515 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09847515
Hungers Field Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09847515
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 337,601 337,601
337,601 337,601
CURRENT ASSETS
Debtors 5 6,176 6,176
Cash at bank and in hand 137,423 118,104
143,599 124,280
Creditors: Amounts Falling Due Within One Year 6 (365,424 ) (362,648 )
NET CURRENT ASSETS (LIABILITIES) (221,825 ) (238,368 )
TOTAL ASSETS LESS CURRENT LIABILITIES 115,776 99,233
NET ASSETS 115,776 99,233
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 115,774 99,231
SHAREHOLDERS' FUNDS 115,776 99,233
Page 1
Page 2
For the year ending 31 March 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
Ms Claire Slade
Director
22/10/2024
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
Hungers Field Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09847515 . The registered office is Priestfield Farm Henfield Road, Albourne, Hassocks, BN6 9DE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
2.4. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 337,601
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,176 6,176
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Corporation tax 3,881 3,671
Accruals and deferred income 14,472 8,355
Government grants within one year (6,023 ) -
Directors' loan accounts 14,795 12,322
Amounts owed to other participating interests 338,300 338,300
365,424 362,648
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4