Acorah Software Products - Accounts Production 16.0.110 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 SC453110 Mr Gary Hayes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC453110 2023-07-31 SC453110 2024-07-31 SC453110 2023-08-01 2024-07-31 SC453110 frs-core:CurrentFinancialInstruments 2024-07-31 SC453110 frs-core:Non-currentFinancialInstruments 2024-07-31 SC453110 frs-core:PlantMachinery 2024-07-31 SC453110 frs-core:PlantMachinery 2023-08-01 2024-07-31 SC453110 frs-core:PlantMachinery 2023-07-31 SC453110 frs-core:ShareCapital 2024-07-31 SC453110 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC453110 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC453110 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 SC453110 frs-bus:SmallEntities 2023-08-01 2024-07-31 SC453110 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC453110 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 SC453110 frs-bus:Director1 2023-08-01 2024-07-31 SC453110 frs-countries:Scotland 2023-08-01 2024-07-31 SC453110 2022-07-31 SC453110 2023-07-31 SC453110 2022-08-01 2023-07-31 SC453110 frs-core:CurrentFinancialInstruments 2023-07-31 SC453110 frs-core:Non-currentFinancialInstruments 2023-07-31 SC453110 frs-core:ShareCapital 2023-07-31 SC453110 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: SC453110
Hiroad Ltd.
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC453110
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 4,416 12,993
Cash at bank and in hand 780 76
5,196 13,069
Creditors: Amounts Falling Due Within One Year 6 (11,928 ) (11,862 )
NET CURRENT ASSETS (LIABILITIES) (6,732 ) 1,207
TOTAL ASSETS LESS CURRENT LIABILITIES (6,732 ) 1,207
Creditors: Amounts Falling Due After More Than One Year 7 (4,714 ) (8,977 )
NET LIABILITIES (11,446 ) (7,770 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (11,546 ) (7,870 )
SHAREHOLDERS' FUNDS (11,446) (7,770)
Page 1
Page 2
For the year ending 31 July 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 Gary Hayes
Director
27/11/2024
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
Hiroad Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC453110 . The registered office is 4 Winchester Avenue, Denny, Scotland, FK6 6QE.
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. 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 20% SLM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2023 10,350
As at 31 July 2024 10,350
Depreciation
As at 1 August 2023 10,350
As at 31 July 2024 10,350
Net Book Value
As at 31 July 2024 -
As at 1 August 2023 -
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 4,416 12,993
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 4,263 4,159
Other creditors 7,365 7,403
Taxation and social security 300 300
11,928 11,862
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Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,714 8,977
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4