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 09483011 Mrs Adelaide Morrow Mr Michael Morrow Mr Philip Morrow iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09483011 2023-03-31 09483011 2024-03-31 09483011 2023-04-01 2024-03-31 09483011 frs-core:CurrentFinancialInstruments 2024-03-31 09483011 frs-core:ComputerEquipment 2024-03-31 09483011 frs-core:ComputerEquipment 2023-04-01 2024-03-31 09483011 frs-core:ComputerEquipment 2023-03-31 09483011 frs-core:ShareCapital 2024-03-31 09483011 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09483011 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09483011 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09483011 frs-bus:SmallEntities 2023-04-01 2024-03-31 09483011 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09483011 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09483011 frs-bus:Director1 2023-04-01 2024-03-31 09483011 frs-bus:Director2 2023-04-01 2024-03-31 09483011 frs-bus:Director3 2023-04-01 2024-03-31 09483011 1 2023-04-01 2024-03-31 09483011 frs-countries:EnglandWales 2023-04-01 2024-03-31 09483011 2022-03-31 09483011 2023-03-31 09483011 2022-04-01 2023-03-31 09483011 frs-core:CurrentFinancialInstruments 2023-03-31 09483011 frs-core:ShareCapital 2023-03-31 09483011 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 09483011 1 2022-04-01 2023-03-31
Registered number: 09483011
Happykite Ltd
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: 09483011
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,281 4,514
2,281 4,514
CURRENT ASSETS
Debtors 5 36,264 36,780
Cash at bank and in hand 19,011 44,334
55,275 81,114
Creditors: Amounts Falling Due Within One Year 6 (21,899 ) (23,141 )
NET CURRENT ASSETS (LIABILITIES) 33,376 57,973
TOTAL ASSETS LESS CURRENT LIABILITIES 35,657 62,487
NET ASSETS 35,657 62,487
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 35,557 62,387
SHAREHOLDERS' FUNDS 35,657 62,487
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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
Mrs Adelaide Morrow
Director
28 November 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Happykite Ltd is a private company, limited by shares, incorporated in England & Wales, the registered number is 09483011 . The registered office is 24 Bunyan Close, Pirton, Hitchin, England, SG5 3RE.
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 includes revenue earned from the provision of services and is recognised at the point of invoice. If the provision of services spans the financial year end, it 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:
Computer equipment 33% 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
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.
Deferred tax 
Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.
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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
2024 2023
Average number of employees, including directors, during the year 7 7
7 7
4. Tangible Assets
Computer equipment
£
Cost
As at 1 April 2023 10,543
As at 31 March 2024 10,543
Depreciation
As at 1 April 2023 6,029
Provided during the period 2,233
As at 31 March 2024 8,262
Net Book Value
As at 31 March 2024 2,281
As at 1 April 2023 4,514
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 36,264 25,699
Other debtors - 11,081
36,264 36,780
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,333 386
Other creditors 3,347 4,465
Taxation and social security 16,219 18,290
21,899 23,141
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