Acorah Software Products - Accounts Production 16.1.200 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08506234 Mr A Creak Mr A Walker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08506234 2023-04-30 08506234 2024-04-30 08506234 2023-05-01 2024-04-30 08506234 frs-core:CurrentFinancialInstruments 2024-04-30 08506234 frs-core:ComputerEquipment 2024-04-30 08506234 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08506234 frs-core:ComputerEquipment 2023-04-30 08506234 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 08506234 frs-core:OtherResidualIntangibleAssets 2024-04-30 08506234 frs-core:OtherResidualIntangibleAssets 2023-05-01 2024-04-30 08506234 frs-core:OtherResidualIntangibleAssets 2023-04-30 08506234 frs-core:CapitalRedemptionReserve 2024-04-30 08506234 frs-core:SharePremium 2024-04-30 08506234 frs-core:ShareCapital 2024-04-30 08506234 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08506234 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08506234 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08506234 frs-bus:SmallEntities 2023-05-01 2024-04-30 08506234 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08506234 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08506234 frs-bus:Director1 2023-05-01 2024-04-30 08506234 frs-bus:Director2 2023-05-01 2024-04-30 08506234 frs-countries:EnglandWales 2023-05-01 2024-04-30 08506234 2022-04-30 08506234 2023-04-30 08506234 2022-05-01 2023-04-30 08506234 frs-core:CurrentFinancialInstruments 2023-04-30 08506234 frs-core:CapitalRedemptionReserve 2023-04-30 08506234 frs-core:SharePremium 2023-04-30 08506234 frs-core:ShareCapital 2023-04-30 08506234 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08506234
Headkayse Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 08506234
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 231,605 286,352
Tangible Assets 5 285 941
231,890 287,293
CURRENT ASSETS
Stocks 6 15,000 12,700
Debtors 7 13,585 20,254
Cash at bank and in hand 9,144 7,683
37,729 40,637
Creditors: Amounts Falling Due Within One Year 8 (1,897,340 ) (1,329,684 )
NET CURRENT ASSETS (LIABILITIES) (1,859,611 ) (1,289,047 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,627,721 ) (1,001,754 )
NET LIABILITIES (1,627,721 ) (1,001,754 )
CAPITAL AND RESERVES
Called up share capital 9 49,999 49,999
Share premium account 362,677 362,677
Capital redemption reserve 4,285 4,285
Income Statement (2,044,682 ) (1,418,715 )
SHAREHOLDERS' FUNDS (1,627,721) (1,001,754)
Page 1
Page 2
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 Income Statement.
On behalf of the board
Mr A Walker
Director
17/12/2024
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
Headkayse Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08506234 . The registered office is 3rd Floor, 1 Ashley Road, Altrincham, Cheshire, WA14 2DT.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are capitalised development and patent costs. They are amortised to income statement over their estimated economic life of 10 years.
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:
Computer Equipment 3 year straight line
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 5)
8 5
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4. Intangible Assets
Other
£
Cost
As at 1 May 2023 573,370
Additions 2,877
As at 30 April 2024 576,247
Amortisation
As at 1 May 2023 287,018
Provided during the period 57,624
As at 30 April 2024 344,642
Net Book Value
As at 30 April 2024 231,605
As at 1 May 2023 286,352
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2023 7,255
As at 30 April 2024 7,255
Depreciation
As at 1 May 2023 6,314
Provided during the period 656
As at 30 April 2024 6,970
Net Book Value
As at 30 April 2024 285
As at 1 May 2023 941
6. Stocks
2024 2023
£ £
Finished goods 15,000 12,700
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,236 4,532
Other debtors 6,349 15,722
13,585 20,254
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 92,796 37,970
Other creditors 1,771,673 1,291,098
Taxation and social security 32,871 616
1,897,340 1,329,684
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 49,999 49,999
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