Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11294789 Mrs Jennifer Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11294789 2023-03-31 11294789 2024-03-31 11294789 2023-04-01 2024-03-31 11294789 frs-core:CurrentFinancialInstruments 2024-03-31 11294789 frs-core:Non-currentFinancialInstruments 2024-03-31 11294789 frs-core:BetweenOneFiveYears 2024-03-31 11294789 frs-core:ComputerEquipment 2024-03-31 11294789 frs-core:ComputerEquipment 2023-04-01 2024-03-31 11294789 frs-core:ComputerEquipment 2023-03-31 11294789 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 11294789 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 11294789 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 11294789 frs-core:MotorVehicles 2024-03-31 11294789 frs-core:MotorVehicles 2023-04-01 2024-03-31 11294789 frs-core:MotorVehicles 2023-03-31 11294789 frs-core:PlantMachinery 2024-03-31 11294789 frs-core:PlantMachinery 2023-04-01 2024-03-31 11294789 frs-core:PlantMachinery 2023-03-31 11294789 frs-core:WithinOneYear 2024-03-31 11294789 frs-core:ShareCapital 2024-03-31 11294789 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11294789 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11294789 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11294789 frs-bus:SmallEntities 2023-04-01 2024-03-31 11294789 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11294789 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11294789 frs-bus:Director1 2023-04-01 2024-03-31 11294789 frs-countries:EnglandWales 2023-04-01 2024-03-31 11294789 2022-03-31 11294789 2023-03-31 11294789 2022-04-01 2023-03-31 11294789 frs-core:CurrentFinancialInstruments 2023-03-31 11294789 frs-core:Non-currentFinancialInstruments 2023-03-31 11294789 frs-core:BetweenOneFiveYears 2023-03-31 11294789 frs-core:WithinOneYear 2023-03-31 11294789 frs-core:ShareCapital 2023-03-31 11294789 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11294789
Holiday Home Waste Collection Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Whyfield Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11294789
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 220,698 196,021
220,698 196,021
CURRENT ASSETS
Stocks 5 1,000 1,000
Debtors 6 107,673 96,976
Cash at bank and in hand 361,288 441,360
469,961 539,336
Creditors: Amounts Falling Due Within One Year 7 (261,357 ) (382,066 )
NET CURRENT ASSETS (LIABILITIES) 208,604 157,270
TOTAL ASSETS LESS CURRENT LIABILITIES 429,302 353,291
Creditors: Amounts Falling Due After More Than One Year 8 (122,401 ) (85,550 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (52,484 ) -
NET ASSETS 254,417 267,741
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 254,416 267,740
SHAREHOLDERS' FUNDS 254,417 267,741
Page 1
Page 2
For the year ending 31 March 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 Jennifer Brown
Director
07/02/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Holiday Home Waste Collection Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11294789 . The registered office is Trerice Orchard, Burlawn, Wadebridge, Cornwall, PL27 7LE.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
2.3. 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:
Leasehold 10% SL
Plant & Machinery 25% RB
Motor Vehicles 25% RB
Computer Equipment 33% SL
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. 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.
Page 3
Page 4
2.6. 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 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 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.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 11 (2023: 11)
11 11
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 1,687 57,768 283,338 3,734 346,527
Additions - 3,048 92,225 - 95,273
Disposals - - (27,350 ) - (27,350 )
As at 31 March 2024 1,687 60,816 348,213 3,734 414,450
Depreciation
As at 1 April 2023 506 38,854 107,657 3,489 150,506
Provided during the period 169 5,019 52,401 114 57,703
Disposals - - (14,457 ) - (14,457 )
As at 31 March 2024 675 43,873 145,601 3,603 193,752
Net Book Value
As at 31 March 2024 1,012 16,943 202,612 131 220,698
As at 1 April 2023 1,181 18,914 175,681 245 196,021
5. Stocks
2024 2023
as restated
£ £
Materials 1,000 1,000
Page 4
Page 5
6. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 27,195 53,669
Prepayments and accrued income 1,603 1,305
Other debtors 78,875 4,758
Deferred tax current asset - 37,244
107,673 96,976
7. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts 45,835 39,605
Trade creditors 14,631 10,418
Bank loans and overdrafts 6,486 4,218
Corporation tax 34,219 26,645
Other taxes and social security 5,138 9,143
VAT 22,265 21,228
Other creditors 5,353 16,857
Accruals and deferred income 127,010 253,864
Director's loan account 420 88
261,357 382,066
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts 94,627 48,613
Bank loans 27,774 36,937
122,401 85,550
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
as restated
£ £
The future minimum finance lease payments are as follows:
Not later than one year 45,835 39,605
Later than one year and not later than five years 94,627 48,613
140,462 88,218
140,462 88,218
Page 5
Page 6
10. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 1 1
Page 6