Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08419113 Mrs A Muraleetharan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08419113 2023-04-30 08419113 2024-04-30 08419113 2023-05-01 2024-04-30 08419113 frs-core:CurrentFinancialInstruments 2024-04-30 08419113 frs-core:Non-currentFinancialInstruments 2024-04-30 08419113 frs-core:FurnitureFittings 2024-04-30 08419113 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08419113 frs-core:FurnitureFittings 2023-04-30 08419113 frs-core:MotorVehicles 2024-04-30 08419113 frs-core:MotorVehicles 2023-05-01 2024-04-30 08419113 frs-core:MotorVehicles 2023-04-30 08419113 frs-core:ShareCapital 2024-04-30 08419113 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08419113 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08419113 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08419113 frs-bus:SmallEntities 2023-05-01 2024-04-30 08419113 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08419113 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08419113 frs-bus:Director1 2023-05-01 2024-04-30 08419113 frs-countries:EnglandWales 2023-05-01 2024-04-30 08419113 2022-04-30 08419113 2023-04-30 08419113 2022-05-01 2023-04-30 08419113 frs-core:CurrentFinancialInstruments 2023-04-30 08419113 frs-core:Non-currentFinancialInstruments 2023-04-30 08419113 frs-core:ShareCapital 2023-04-30 08419113 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08419113
Henriettas News Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Greenwood & Co Limited
Chartered Certified Accountants
41 Derwent Gardens
Redbridge
Ilford
Essex
IG4 5NA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08419113
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,176 1,568
1,176 1,568
CURRENT ASSETS
Stocks 5 12,000 15,000
Debtors 6 7,303 40,687
Cash at bank and in hand 49,912 39,183
69,215 94,870
Creditors: Amounts Falling Due Within One Year 7 (31,918 ) (37,414 )
NET CURRENT ASSETS (LIABILITIES) 37,297 57,456
TOTAL ASSETS LESS CURRENT LIABILITIES 38,473 59,024
Creditors: Amounts Falling Due After More Than One Year 8 (11,198 ) (21,426 )
NET ASSETS 27,275 37,598
CAPITAL AND RESERVES
Called up share capital 9 125 125
Profit and Loss Account 27,150 37,473
SHAREHOLDERS' FUNDS 27,275 37,598
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Mrs A Muraleetharan
Director
23/01/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Henriettas News Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08419113 . The registered office is 1-3 Slipshatch Road, Reigate, Surrey, RH2 8HA.
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 represents the total takings made, excluding value added tax, during the period.
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:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.5. Taxation
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: 5 (2023: 4)
5 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2023 3,629 8,625 12,254
As at 30 April 2024 3,629 8,625 12,254
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 May 2023 3,145 7,541 10,686
Provided during the period 121 271 392
As at 30 April 2024 3,266 7,812 11,078
Net Book Value
As at 30 April 2024 363 813 1,176
As at 1 May 2023 484 1,084 1,568
5. Stocks
2024 2023
£ £
Stock 12,000 15,000
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 7,303 40,687
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,301 9,553
Bank loans and overdrafts 9,590 9,338
Other creditors 3,600 3,737
Taxation and social security 11,427 14,786
31,918 37,414
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 11,198 21,426
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 125 125
10. Directors Advances, Credits and Guarantees
The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:
Director 1
Amounts advanced £71,027 (2023 : £66,018) 
Amounts repaid £95,311 (2023 : £65,075)
Interest was charged on all loans at the official rate of interest set by the HMRC.
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