Acorah Software Products - Accounts Production 16.1.200 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12749775 Mr A R Wheeler Mr S L Murphy Mr D J Graham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12749775 2023-07-31 12749775 2024-07-31 12749775 2023-08-01 2024-07-31 12749775 frs-core:CurrentFinancialInstruments 2024-07-31 12749775 frs-core:ShareCapital 2024-07-31 12749775 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12749775 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12749775 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12749775 frs-bus:SmallEntities 2023-08-01 2024-07-31 12749775 frs-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 12749775 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12749775 frs-bus:Director1 2023-08-01 2024-07-31 12749775 frs-bus:Director2 2023-08-01 2024-07-31 12749775 frs-bus:Director3 2023-08-01 2024-07-31 12749775 frs-bus:Director3 2023-07-31 12749775 frs-bus:Director3 2024-07-31 12749775 frs-countries:EnglandWales 2023-08-01 2024-07-31 12749775 2022-07-31 12749775 2023-07-31 12749775 2022-08-01 2023-07-31 12749775 frs-core:CurrentFinancialInstruments 2023-07-31 12749775 frs-core:ShareCapital 2023-07-31 12749775 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12749775
HdE Talent Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
MyAccountant.co.uk Limited
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3
Notes to the Financial Statements 4—5
Page 1
Company Information
Directors Mr A R Wheeler
Mr S L Murphy
Mr D J Graham
Company Number 12749775
Registered Office Queen Charlotte House
53-55 Queen Charlotte Street
Bristol
BS1 4HQ
Accountants MyAccountant.co.uk Limited
Whitefriars
Lewins Mead
Bristol
BS1 2NT
Page 1
Page 2
Accountant's Report
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of HdE TALENT Ltd for the year ended 31 July 2024 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.
It is your duty to ensure that HdE TALENT Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of HdE TALENT Ltd. You consider that HdE TALENT Ltd is exempt from the statutory audit requirement for the year.
Signed
07/01/2025
MyAccountant.co.uk Limited
Whitefriars
Lewins Mead
Bristol
BS1 2NT
Page 2
Page 3
Balance Sheet
Registered number: 12749775
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 9,027 35,772
Cash at bank and in hand 1 1
9,028 35,773
Creditors: Amounts Falling Due Within One Year 5 (77,827 ) (64,053 )
NET CURRENT ASSETS (LIABILITIES) (68,799 ) (28,280 )
TOTAL ASSETS LESS CURRENT LIABILITIES (68,799 ) (28,280 )
NET LIABILITIES (68,799 ) (28,280 )
CAPITAL AND RESERVES
Called up share capital 6 200 200
Profit and Loss Account (68,999 ) (28,480 )
SHAREHOLDERS' FUNDS (68,799) (28,280)
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 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 D J Graham
Director
06/01/2025
The notes on pages 4 to 5 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
HdE Talent Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12749775 . The registered office is Queen Charlotte House, 53-55 Queen Charlotte Street, Bristol, BS1 4HQ.
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. Going Concern Disclosure
The financial statements have not been prepared on a going concern basis. The directors have assessed the entity’s financial position and future prospects and concluded that it is not appropriate to prepare the accounts on a going concern basis due to the liabilities the company owes. As a result, the company has no realistic alternative but to cease trading.
The financial statements have been prepared on a basis other than that of the going concern basis. This basis includes, where applicable, writing the company’s assets down to net realisable value. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.
2.3. 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.
2.4. Taxation
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in
other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
2.5. Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
2.6. Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. 
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
2.7. Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
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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. Debtors
2024 2023
£ £
Due within one year
Other debtors 9,027 35,772
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 178 122
Other creditors 26,847 27,727
Taxation and social security 50,802 36,204
77,827 64,053
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
7. Pension Commitments
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Scott Murphy 26,746 509 (2,782 ) (24,473) -
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