Acorah Software Products - Accounts Production 16.1.200 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 08674987 Mr T Clarke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08674987 2023-09-30 08674987 2024-09-30 08674987 2023-10-01 2024-09-30 08674987 frs-core:CurrentFinancialInstruments 2024-09-30 08674987 frs-core:Non-currentFinancialInstruments 2024-09-30 08674987 frs-core:ComputerEquipment 2024-09-30 08674987 frs-core:ComputerEquipment 2023-10-01 2024-09-30 08674987 frs-core:ComputerEquipment 2023-09-30 08674987 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-09-30 08674987 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 08674987 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-30 08674987 frs-core:FurnitureFittings 2024-09-30 08674987 frs-core:FurnitureFittings 2023-10-01 2024-09-30 08674987 frs-core:FurnitureFittings 2023-09-30 08674987 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 08674987 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 08674987 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 08674987 frs-core:OtherResidualIntangibleAssets 2024-09-30 08674987 frs-core:OtherResidualIntangibleAssets 2023-10-01 2024-09-30 08674987 frs-core:OtherResidualIntangibleAssets 2023-09-30 08674987 frs-core:RevaluationReserve 2023-10-01 2024-09-30 08674987 frs-core:RevaluationReserve 2023-09-30 08674987 frs-core:RevaluationReserve 2024-09-30 08674987 frs-core:ShareCapital 2024-09-30 08674987 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 08674987 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08674987 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 08674987 frs-bus:SmallEntities 2023-10-01 2024-09-30 08674987 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08674987 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 08674987 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-30 08674987 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-09-30 08674987 frs-core:ListedExchangeTraded 2024-09-30 08674987 frs-core:ListedExchangeTraded 2023-09-30 08674987 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-09-30 08674987 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-09-30 08674987 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-09-30 08674987 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-09-30 08674987 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-09-30 08674987 frs-bus:Director1 2023-10-01 2024-09-30 08674987 frs-bus:Director1 2023-09-30 08674987 frs-bus:Director1 2024-09-30 08674987 frs-countries:EnglandWales 2023-10-01 2024-09-30 08674987 2022-09-30 08674987 2023-09-30 08674987 2022-10-01 2023-09-30 08674987 frs-core:CurrentFinancialInstruments 2023-09-30 08674987 frs-core:Non-currentFinancialInstruments 2023-09-30 08674987 frs-core:RevaluationReserve 2023-09-30 08674987 frs-core:ShareCapital 2023-09-30 08674987 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 08674987 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-30
Registered number: 08674987
Harrison Clarke Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Genio Accountants
33a Portsmouth Road
Southampton
Hampshire
SO19 9BA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08674987
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 20,751 16,110
Tangible Assets 5 13,668 19,509
Investments 6 396 48
34,815 35,667
CURRENT ASSETS
Debtors 7 308,628 165,993
Cash at bank and in hand 21,723 35,713
330,351 201,706
Creditors: Amounts Falling Due Within One Year 8 (144,720 ) (92,192 )
NET CURRENT ASSETS (LIABILITIES) 185,631 109,514
TOTAL ASSETS LESS CURRENT LIABILITIES 220,446 145,181
Creditors: Amounts Falling Due After More Than One Year 9 (5,608 ) (12,195 )
NET ASSETS 214,838 132,986
CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 12 (603 ) (950 )
Fair value reserve 12 (34,084 ) (39,502 )
Profit and Loss Account 249,425 173,338
SHAREHOLDERS' FUNDS 214,838 132,986
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For the year ending 30 September 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 T Clarke
Director
3rd January 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Harrison Clarke Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08674987 . The registered office is 11 Obelisk Road, Woolston, Southampton, Hampshire, SO19 9BL.
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 relate to crypto currency. The fair value is recognised through the fair value reserve at the balance sheet date.
2.4. Research and Development
Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. 
The capitalised development costs are subsequently amortised on a straight line basis over their expected useful economic lives, which range from 3 to 5 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.5. 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:
Leasehold 20% Straight Line
Fixtures & Fittings 33% straight line
Computer Equipment 33% straight line
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2.6. 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 year 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 is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 5)
7 5
4. Intangible Assets
Other Development Costs Total
£ £ £
Cost or Valuation
As at 1 October 2023 12,578 3,885 16,463
As at 30 September 2024 12,578 3,885 16,463
Amortisation
As at 1 October 2023 - 353 353
Provided during the period - 777 777
Impairment losses (5,418 ) - (5,418 )
As at 30 September 2024 (5,418 ) 1,130 (4,288 )
Net Book Value
As at 30 September 2024 17,996 2,755 20,751
As at 1 October 2023 12,578 3,532 16,110
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5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 17,261 11,190 16,775 45,226
Additions - 2,433 - 2,433
As at 30 September 2024 17,261 13,623 16,775 47,659
Depreciation
As at 1 October 2023 6,771 5,908 13,038 25,717
Provided during the period 3,452 1,730 3,092 8,274
As at 30 September 2024 10,223 7,638 16,130 33,991
Net Book Value
As at 30 September 2024 7,038 5,985 645 13,668
As at 1 October 2023 10,490 5,282 3,737 19,509
6. Investments
Listed
£
Cost
As at 1 October 2023 48
Revaluations 348
As at 30 September 2024 396
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 396
As at 1 October 2023 48
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 146,458 64,728
Prepayments and accrued income 6,966 -
Other debtors 1,800 46,800
Director's loan account 133,306 34,367
Called up share capital not paid 98 98
288,628 145,993
Due after more than one year
Other debtors 20,000 20,000
308,628 165,993
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 869 217
Bank loans and overdrafts 6,069 5,878
Corporation tax 37,519 29,125
Other taxes and social security 8,012 5,618
VAT 35,052 35,564
Net wages - 279
Other creditors 827 257
Accruals and deferred income 56,372 15,254
144,720 92,192
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,608 12,195
10. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 98 98
Called Up Share Capital has been paid up 2 2
Amount of Allotted, Called Up Share Capital 100 100
11. Directors Advances, Credits and Guarantees
Included within Debtors is the following loan from the company to Mr T Clarke:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr Timothy Clarke 34,367 - - - -
The above loan is unsecured, interest free and repayable on demand.
12. Reserves
Revaluation Reserve Fair Value Reserve
£ £
As at 1 October 2023 (950 ) (39,502 )
Surplus on revaluation 347 -
Movements in fair value reserve - 5,418
As at 30 September 2024 (603 ) (34,084 )
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