Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 09552022 Mrs Lisa Marsh Mr Michael Marsh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09552022 2023-04-30 09552022 2024-04-30 09552022 2023-05-01 2024-04-30 09552022 frs-core:CurrentFinancialInstruments 2024-04-30 09552022 frs-core:Non-currentFinancialInstruments 2024-04-30 09552022 frs-core:ComputerEquipment 2024-04-30 09552022 frs-core:ComputerEquipment 2023-05-01 2024-04-30 09552022 frs-core:ComputerEquipment 2023-04-30 09552022 frs-core:MotorVehicles 2024-04-30 09552022 frs-core:MotorVehicles 2023-05-01 2024-04-30 09552022 frs-core:MotorVehicles 2023-04-30 09552022 frs-core:PlantMachinery 2024-04-30 09552022 frs-core:PlantMachinery 2023-05-01 2024-04-30 09552022 frs-core:PlantMachinery 2023-04-30 09552022 frs-core:WithinOneYear 2024-04-30 09552022 frs-core:ShareCapital 2024-04-30 09552022 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 09552022 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09552022 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 09552022 frs-bus:SmallEntities 2023-05-01 2024-04-30 09552022 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09552022 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09552022 frs-bus:Director1 2023-05-01 2024-04-30 09552022 frs-bus:Director2 2023-05-01 2024-04-30 09552022 frs-countries:EnglandWales 2023-05-01 2024-04-30 09552022 2022-04-30 09552022 2023-04-30 09552022 2022-05-01 2023-04-30 09552022 frs-core:CurrentFinancialInstruments 2023-04-30 09552022 frs-core:Non-currentFinancialInstruments 2023-04-30 09552022 frs-core:BetweenOneFiveYears 2023-04-30 09552022 frs-core:WithinOneYear 2023-04-30 09552022 frs-core:ShareCapital 2023-04-30 09552022 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 09552022
Heat Efficient Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Bournemouth Tax Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09552022
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,643 31,321
22,643 31,321
CURRENT ASSETS
Debtors 5 76,843 95,555
Cash at bank and in hand 366,215 380,068
443,058 475,623
Creditors: Amounts Falling Due Within One Year 6 (143,492 ) (171,477 )
NET CURRENT ASSETS (LIABILITIES) 299,566 304,146
TOTAL ASSETS LESS CURRENT LIABILITIES 322,209 335,467
Creditors: Amounts Falling Due After More Than One Year 7 (16,917 ) (28,568 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,661 ) -
NET ASSETS 299,631 306,899
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 299,531 306,799
SHAREHOLDERS' FUNDS 299,631 306,899
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For the year ending 30 April 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 Michael Marsh
Director
04/09/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Heat Efficient Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09552022 . The registered office is 103 Hillside Drive, Christchurch, BH23 2SZ.
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.
2.3. 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:
Plant & Machinery 3 Years Straight Line
Motor Vehicles 25% Reducing Balance
Computer Equipment 3 Years Straight Line
2.4. 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.
2.5. 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.
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 assets reflect 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 1,023 61,792 4,419 67,234
As at 30 April 2024 1,023 61,792 4,419 67,234
Depreciation
As at 1 May 2023 341 33,053 2,519 35,913
Provided during the period 341 7,185 1,152 8,678
As at 30 April 2024 682 40,238 3,671 44,591
Net Book Value
As at 30 April 2024 341 21,554 748 22,643
As at 1 May 2023 682 28,739 1,900 31,321
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 76,843 93,577
Other taxes and social security - 1,978
76,843 95,555
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,702 4,554
Trade creditors 4,661 36,023
Bank loans and overdrafts 49,869 47,487
Corporation tax 55,941 50,753
Other taxes and social security 2,227 -
VAT 24,774 32,370
Other creditors 608 267
Directors' loan accounts 1,710 23
143,492 171,477
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 4,615
Bank loans 16,917 23,953
16,917 28,568
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8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,702 4,554
Later than one year and not later than five years - 4,615
3,702 9,169
3,702 9,169
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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