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 03543563 Mr Malcolm Harrison Mrs Cheryl Harrison Mr Johnathan Harrison Mr Samuel Green Mr Malcolm Harrison iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03543563 2023-04-30 03543563 2024-04-30 03543563 2023-05-01 2024-04-30 03543563 frs-core:CurrentFinancialInstruments 2024-04-30 03543563 frs-core:Non-currentFinancialInstruments 2024-04-30 03543563 frs-core:BetweenOneFiveYears 2024-04-30 03543563 frs-core:FurnitureFittings 2024-04-30 03543563 frs-core:FurnitureFittings 2023-05-01 2024-04-30 03543563 frs-core:FurnitureFittings 2023-04-30 03543563 frs-core:NetGoodwill 2024-04-30 03543563 frs-core:NetGoodwill 2023-04-30 03543563 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 03543563 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 03543563 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 03543563 frs-core:MotorVehicles 2024-04-30 03543563 frs-core:MotorVehicles 2023-05-01 2024-04-30 03543563 frs-core:MotorVehicles 2023-04-30 03543563 frs-core:PlantMachinery 2024-04-30 03543563 frs-core:PlantMachinery 2023-05-01 2024-04-30 03543563 frs-core:PlantMachinery 2023-04-30 03543563 frs-core:WithinOneYear 2024-04-30 03543563 frs-core:ShareCapital 2024-04-30 03543563 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 03543563 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 03543563 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 03543563 frs-bus:SmallEntities 2023-05-01 2024-04-30 03543563 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 03543563 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 03543563 frs-bus:Director1 2023-05-01 2024-04-30 03543563 frs-bus:Director2 2023-05-01 2024-04-30 03543563 frs-bus:Director3 2023-05-01 2024-04-30 03543563 frs-bus:Director4 2023-05-01 2024-04-30 03543563 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 03543563 frs-core:CurrentFinancialInstruments 1 2024-04-30 03543563 frs-countries:EnglandWales 2023-05-01 2024-04-30 03543563 2022-04-30 03543563 2023-04-30 03543563 2022-05-01 2023-04-30 03543563 frs-core:CurrentFinancialInstruments 2023-04-30 03543563 frs-core:Non-currentFinancialInstruments 2023-04-30 03543563 frs-core:BetweenOneFiveYears 2023-04-30 03543563 frs-core:WithinOneYear 2023-04-30 03543563 frs-core:ShareCapital 2023-04-30 03543563 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 03543563 frs-core:CurrentFinancialInstruments 1 2023-04-30
Registered number: 03543563
Harrison's Electrical, Mechanical & Property Services Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Harrisons Accountancy Ltd
16 Broadhurst Abbey
Bedford
Bedfordshire
MK41 0UL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03543563
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 866,752 541,703
866,752 541,703
CURRENT ASSETS
Stocks 5 98,000 1,500
Debtors 6 2,041,043 1,993,942
Cash at bank and in hand 1,054,252 1,217,060
3,193,295 3,212,502
Creditors: Amounts Falling Due Within One Year 7 (1,694,894 ) (1,408,028 )
NET CURRENT ASSETS (LIABILITIES) 1,498,401 1,804,474
TOTAL ASSETS LESS CURRENT LIABILITIES 2,365,153 2,346,177
Creditors: Amounts Falling Due After More Than One Year 8 (51,654 ) (44,270 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (135,346 ) (99,521 )
NET ASSETS 2,178,153 2,202,386
CAPITAL AND RESERVES
Called up share capital 11 300 300
Profit and Loss Account 2,177,853 2,202,086
SHAREHOLDERS' FUNDS 2,178,153 2,202,386
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 Profit and Loss Account.
On behalf of the board
Mr Malcolm Harrison
Director
Mr Johnathan Harrison
Director
29/01/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102 and as such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:
(a) Disclosures in respect of each class of share capital have not been presented.
(b) No cash flow statement has been presented for the company.
(c) Disclosures in respect of financial instruments have not been presented.
(d) Disclosures in respect of share-based payments have not been presented.
(e) No disclosure has been given for the aggregate remuneration of key management personnel.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

During the period in questions, apart from those involving estimations, the management has made no judgements or uncertain policy, within the process of applying the entity's accounting policies.

1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Leasehold 0%
Plant & Machinery 20% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
1.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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.
1.5. 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.
1.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
Page 3
Page 4
1.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 49 (2023: 50)
49 50
3. Intangible Assets
Goodwill
£
Cost
As at 1 May 2023 65,000
As at 30 April 2024 65,000
Amortisation
As at 1 May 2023 65,000
As at 30 April 2024 65,000
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 -
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 May 2023 132,955 224,108 703,949 49,732 1,110,744
Additions 174,013 11,005 282,313 2,711 470,042
Disposals - - (68,560 ) - (68,560 )
As at 30 April 2024 306,968 235,113 917,702 52,443 1,512,226
Depreciation
As at 1 May 2023 - 117,815 406,804 44,422 569,041
Provided during the period - 23,447 91,978 2,004 117,429
Disposals - - (40,996 ) - (40,996 )
As at 30 April 2024 - 141,262 457,786 46,426 645,474
Net Book Value
As at 30 April 2024 306,968 93,851 459,916 6,017 866,752
As at 1 May 2023 132,955 106,293 297,145 5,310 541,703
5. Stocks
2024 2023
£ £
Stock 98,000 1,500
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,101,764 1,614,364
Amounts recoverable on contracts 461,277 312,443
Prepayments and accrued income 408,340 27,291
Corporation tax recoverable assets 6,420 -
VAT 63,242 39,844
2,041,043 1,993,942
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 76,683 45,777
Trade creditors 1,044,661 725,578
Corporation tax - (11,647 )
Other taxes and social security 180,852 68,001
Other creditors 232,618 393,130
Pension creditor 9,525 7,970
Accruals and deferred income 112,494 140,552
Directors' loan accounts 38,061 38,667
1,694,894 1,408,028
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 51,654 44,270
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 76,683 45,777
Later than one year and not later than five years 51,654 44,270
128,337 90,047
128,337 90,047
10. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 135,346 99,521
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11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 300 300
Page 6