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 08028575 Mr Alexander Horsfall Mrs Annabelle Horsfall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08028575 2023-03-31 08028575 2024-03-31 08028575 2023-04-01 2024-03-31 08028575 frs-core:CurrentFinancialInstruments 2024-03-31 08028575 frs-core:Non-currentFinancialInstruments 2024-03-31 08028575 frs-core:ComputerEquipment 2024-03-31 08028575 frs-core:ComputerEquipment 2023-04-01 2024-03-31 08028575 frs-core:ComputerEquipment 2023-03-31 08028575 frs-core:FurnitureFittings 2024-03-31 08028575 frs-core:FurnitureFittings 2023-04-01 2024-03-31 08028575 frs-core:FurnitureFittings 2023-03-31 08028575 frs-core:ShareCapital 2024-03-31 08028575 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08028575 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08028575 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08028575 frs-bus:SmallEntities 2023-04-01 2024-03-31 08028575 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08028575 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08028575 frs-bus:Director1 2023-04-01 2024-03-31 08028575 frs-bus:Director2 2023-04-01 2024-03-31 08028575 frs-countries:EnglandWales 2023-04-01 2024-03-31 08028575 2022-03-31 08028575 2023-03-31 08028575 2022-04-01 2023-03-31 08028575 frs-core:CurrentFinancialInstruments 2023-03-31 08028575 frs-core:Non-currentFinancialInstruments 2023-03-31 08028575 frs-core:ShareCapital 2023-03-31 08028575 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08028575
Horsfall Associates Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
TaxAssist Accountants Waterlooville
ACCA
2 London Road
Purbrook
Waterlooville
PO7 5LJ
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 08028575
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 492 620
492 620
CURRENT ASSETS
Debtors 4 26,358 10,660
Cash at bank and in hand 115,010 121,304
141,368 131,964
Creditors: Amounts Falling Due Within One Year 5 (54,933 ) (43,475 )
NET CURRENT ASSETS (LIABILITIES) 86,435 88,489
TOTAL ASSETS LESS CURRENT LIABILITIES 86,927 89,109
NET ASSETS 86,927 89,109
CAPITAL AND RESERVES
Called up share capital 6 1 1
Income Statement 86,926 89,108
SHAREHOLDERS' FUNDS 86,927 89,109
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 Income Statement.
On behalf of the board
Mr Alexander Horsfall
Director
2 December 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.


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.
1.3. 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:
Fixtures & Fittings 25%
Computer Equipment 33%
1.4. 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.

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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2023: 2)
1 2
3. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 325 9,373 9,698
Additions 349 132 481
As at 31 March 2024 674 9,505 10,179
Depreciation
As at 1 April 2023 142 8,936 9,078
Provided during the period 133 476 609
As at 31 March 2024 275 9,412 9,687
...CONTINUED
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Net Book Value
As at 31 March 2024 399 93 492
As at 1 April 2023 183 437 620
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,325 2,350
2,325 2,350
Due after more than one year
Amounts owed by related party 24,033 8,310
24,033 8,310
26,358 10,660
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 4,367 4,943
Accruals and deferred income 901 901
Directors' loan accounts 49,665 37,631
54,933 43,475
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. General Information
Horsfall Associates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08028575 . The registered office is 116 Cardinal Avenue, Kingston Upon Thames, Surrey, KT2 5SA.
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