Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07428136 Mr Sebastian Lange Mr Neal Hewitt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07428136 2023-03-31 07428136 2024-03-31 07428136 2023-04-01 2024-03-31 07428136 frs-core:CurrentFinancialInstruments 2024-03-31 07428136 frs-core:Non-currentFinancialInstruments 2024-03-31 07428136 frs-core:BetweenOneFiveYears 2024-03-31 07428136 frs-core:ComputerEquipment 2024-03-31 07428136 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07428136 frs-core:ComputerEquipment 2023-03-31 07428136 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 07428136 frs-core:MotorVehicles 2024-03-31 07428136 frs-core:MotorVehicles 2023-04-01 2024-03-31 07428136 frs-core:MotorVehicles 2023-03-31 07428136 frs-core:OtherResidualIntangibleAssets 2024-03-31 07428136 frs-core:OtherResidualIntangibleAssets 2023-03-31 07428136 frs-core:WithinOneYear 2024-03-31 07428136 frs-core:ShareCapital 2024-03-31 07428136 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07428136 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07428136 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07428136 frs-bus:SmallEntities 2023-04-01 2024-03-31 07428136 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07428136 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07428136 frs-bus:Director1 2023-04-01 2024-03-31 07428136 frs-bus:Director2 2023-04-01 2024-03-31 07428136 frs-countries:EnglandWales 2023-04-01 2024-03-31 07428136 2022-03-31 07428136 2023-03-31 07428136 2022-04-01 2023-03-31 07428136 frs-core:CurrentFinancialInstruments 2023-03-31 07428136 frs-core:Non-currentFinancialInstruments 2023-03-31 07428136 frs-core:BetweenOneFiveYears 2023-03-31 07428136 frs-core:WithinOneYear 2023-03-31 07428136 frs-core:ShareCapital 2023-03-31 07428136 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07428136
Hewitt Hire Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07428136
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 518,697 478,160
518,697 478,160
CURRENT ASSETS
Debtors 6 14,892 14,376
Cash at bank and in hand 242 41,086
15,134 55,462
Creditors: Amounts Falling Due Within One Year 7 (80,997 ) (52,595 )
NET CURRENT ASSETS (LIABILITIES) (65,863 ) 2,867
TOTAL ASSETS LESS CURRENT LIABILITIES 452,834 481,027
Creditors: Amounts Falling Due After More Than One Year 8 (388,152 ) (468,871 )
NET ASSETS 64,682 12,156
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account 63,682 11,156
SHAREHOLDERS' FUNDS 64,682 12,156
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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
Mr Sebastian Lange
Director
Mr Neal Hewitt
Director
21/11/2024
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
Hewitt Hire Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07428136 . The registered office is Wealth & Business Centre, 123 Torquay Road, Paignton, Devon, TQ3 2SG.
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 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Licences.  They were amortised over their estimated economic life of 10years.
2.4. 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 10% reducing balance
Computer Equipment 25% reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Intangible Assets
Other
£
Cost
As at 1 April 2023 20,000
As at 31 March 2024 20,000
Amortisation
As at 1 April 2023 20,000
As at 31 March 2024 20,000
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
5. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 841,830 12,034 853,864
Additions 98,684 - 98,684
As at 31 March 2024 940,514 12,034 952,548
Depreciation
As at 1 April 2023 366,748 8,956 375,704
Provided during the period 57,377 770 58,147
As at 31 March 2024 424,125 9,726 433,851
Net Book Value
As at 31 March 2024 516,389 2,308 518,697
As at 1 April 2023 475,082 3,078 478,160
6. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 14,892 14,376
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts 21,037 11,506
Trade creditors 27,274 16,305
Bank loans and overdrafts 24,410 -
Other creditors 3,990 17,317
Taxation and social security 4,286 7,467
80,997 52,595
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts 107,430 -
Bank loans 32,457 122,457
Other creditors 248,265 346,414
388,152 468,871
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
as restated
£ £
The future minimum finance lease payments are as follows:
Not later than one year 21,037 11,506
Later than one year and not later than five years 107,430 -
128,467 11,506
128,467 11,506
10. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 1,000 1,000
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