Acorah Software Products - Accounts Production 16.1.200 false true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 00388089 Mr K J Hewlett Mr R T Hewlett Mr K J Hewlett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00388089 2023-05-31 00388089 2024-05-31 00388089 2023-06-01 2024-05-31 00388089 frs-core:CurrentFinancialInstruments 2024-05-31 00388089 frs-core:FurnitureFittings 2024-05-31 00388089 frs-core:FurnitureFittings 2023-06-01 2024-05-31 00388089 frs-core:FurnitureFittings 2023-05-31 00388089 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 00388089 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 00388089 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 00388089 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 00388089 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 00388089 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 00388089 frs-core:MotorVehicles 2024-05-31 00388089 frs-core:MotorVehicles 2023-06-01 2024-05-31 00388089 frs-core:MotorVehicles 2023-05-31 00388089 frs-core:PlantMachinery 2024-05-31 00388089 frs-core:PlantMachinery 2023-06-01 2024-05-31 00388089 frs-core:PlantMachinery 2023-05-31 00388089 frs-core:RevaluationReserve 2023-05-31 00388089 frs-core:RevaluationReserve 2024-05-31 00388089 frs-core:ShareCapital 2024-05-31 00388089 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 00388089 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 00388089 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 00388089 frs-bus:SmallEntities 2023-06-01 2024-05-31 00388089 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 00388089 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 00388089 frs-bus:Director1 2023-06-01 2024-05-31 00388089 frs-bus:Director2 2023-06-01 2024-05-31 00388089 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 00388089 frs-core:CurrentFinancialInstruments 1 2024-05-31 00388089 frs-countries:EnglandWales 2023-06-01 2024-05-31 00388089 2022-05-31 00388089 2023-05-31 00388089 2022-06-01 2023-05-31 00388089 frs-core:CurrentFinancialInstruments 2023-05-31 00388089 frs-core:RevaluationReserve 2023-05-31 00388089 frs-core:ShareCapital 2023-05-31 00388089 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 00388089 frs-core:CurrentFinancialInstruments 1 2023-05-31
Registered number: 00388089
J.J.Hewlett Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 00388089
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 142,259 155,577
142,259 155,577
CURRENT ASSETS
Stocks 5 - 3,750
Debtors 6 10,762 9,568
Cash at bank and in hand 10,772 55,326
21,534 68,644
Creditors: Amounts Falling Due Within One Year 7 (29,015 ) (44,880 )
NET CURRENT ASSETS (LIABILITIES) (7,481 ) 23,764
TOTAL ASSETS LESS CURRENT LIABILITIES 134,778 179,341
PROVISIONS FOR LIABILITIES
Deferred Taxation (32,208 ) (42,597 )
NET ASSETS 102,570 136,744
CAPITAL AND RESERVES
Called up share capital 8 9,000 9,000
Revaluation reserve 10 170,567 170,567
Profit and Loss Account (76,997 ) (42,823 )
SHAREHOLDERS' FUNDS 102,570 136,744
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For the year ending 31 May 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 K J Hewlett
Director
15 January 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
J.J.Hewlett Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00388089 . The registered office is 76 Brooke Road West, Crosby, Liverpool, Merseyside, L22 2BQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
2.2. Going Concern Disclosure
The company is able to meet its day to day working capital requirements through the support of the directors and the company's creditors. Therefore the directors consider it appropriate to prepare financial statements on the going concern basis.
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.

2.4. Tangible Fixed Assets and Depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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:
Freehold No depreciation
Leasehold 2% straight line
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance
Fixtures and fittings 25% reducing balance
2.5. Investment Properties
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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2.8. Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating
unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
2.9. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
2.10. Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Land & Property
Freehold Leasehold Plant and machinery Motor vehicles
£ £ £ £
Cost
As at 1 June 2023 53,000 200,000 41,867 46,599
As at 31 May 2024 53,000 200,000 41,867 46,599
Depreciation
As at 1 June 2023 - 134,699 41,101 10,121
Provided during the period - 4,000 191 9,119
As at 31 May 2024 - 138,699 41,292 19,240
Net Book Value
As at 31 May 2024 53,000 61,301 575 27,359
As at 1 June 2023 53,000 65,301 766 36,478
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Fixtures and fittings Total
£ £
Cost
As at 1 June 2023 2,043 343,509
As at 31 May 2024 2,043 343,509
Depreciation
As at 1 June 2023 2,011 187,932
Provided during the period 8 13,318
As at 31 May 2024 2,019 201,250
Net Book Value
As at 31 May 2024 24 142,259
As at 1 June 2023 32 155,577
5. Stocks
2024 2023
£ £
Stock - 3,750
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 3,711
Prepayments and accrued income - 390
Other debtors 10,608 5,040
VAT 154 427
10,762 9,568
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 4,889
Corporation tax 441 51
Other taxes and social security 6,500 1,948
Other creditors 316 317
Other creditors - pension control 105 262
Accruals and deferred income 1,898 -
Directors' loan accounts 19,755 37,413
29,015 44,880
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 9,000 9,000
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9. Directors Advances, Credits and Guarantees
No director received advances, credits or guarantees during the current or previous accounting periods.
10. Reserves
Revaluation Reserve
£
As at 1 June 2023 170,567
As at 31 May 2024 170,567
11. Related Party Transactions
The following related party transactions were undertaken during the year:
A director withdrew amounts totalling £14,165 (2023: £3,014) and introduced £4,079 (2023: £10,716). At the year end, the company owed the director £13,318 (2023: £23,092).
A director withdrew amounts totalling £11,964 (2023: £3,920) and introduced £4,079 (2023: £6,750). At the year end, the company owed the director £6,436 (2023: £14,321).
No dividends were paid to the directors in respect of their shareholdings.
Remuneration was paid to key management personnel during the year totalling £43,200 (2023: £41,200)
The company had a brought forward loan to a partnership, under common control, of £5,040 at the start of the year. During the year the company repaid amounts totalling £10,000 and withdrew amounts totalling £Nil. The loan is interest free and repayable on demand. At the balance sheet date the company owed the partnership £4,960.
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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