Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 08149702 Mr Paul Brooks iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08149702 2023-06-30 08149702 2024-06-30 08149702 2023-07-01 2024-06-30 08149702 frs-core:CurrentFinancialInstruments 2024-06-30 08149702 frs-core:Non-currentFinancialInstruments 2024-06-30 08149702 frs-core:ComputerEquipment 2024-06-30 08149702 frs-core:ComputerEquipment 2023-07-01 2024-06-30 08149702 frs-core:ComputerEquipment 2023-06-30 08149702 frs-core:MotorVehicles 2024-06-30 08149702 frs-core:MotorVehicles 2023-07-01 2024-06-30 08149702 frs-core:MotorVehicles 2023-06-30 08149702 frs-core:ShareCapital 2024-06-30 08149702 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 08149702 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08149702 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 08149702 frs-bus:SmallEntities 2023-07-01 2024-06-30 08149702 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 08149702 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08149702 frs-bus:Director1 2023-07-01 2024-06-30 08149702 frs-countries:EnglandWales 2023-07-01 2024-06-30 08149702 2022-06-30 08149702 2023-06-30 08149702 2022-07-01 2023-06-30 08149702 frs-core:CurrentFinancialInstruments 2023-06-30 08149702 frs-core:Non-currentFinancialInstruments 2023-06-30 08149702 frs-core:ShareCapital 2023-06-30 08149702 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 08149702
Aztec Heat Pumps Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08149702
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,574 15,694
11,574 15,694
CURRENT ASSETS
Debtors 5 35,903 39,192
Cash at bank and in hand 41,973 31,282
77,876 70,474
Creditors: Amounts Falling Due Within One Year 6 (39,428 ) (41,965 )
NET CURRENT ASSETS (LIABILITIES) 38,448 28,509
TOTAL ASSETS LESS CURRENT LIABILITIES 50,022 44,203
Creditors: Amounts Falling Due After More Than One Year 7 (9,640 ) (19,908 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,095 ) (1,078 )
NET ASSETS 39,287 23,217
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 39,286 23,216
SHAREHOLDERS' FUNDS 39,287 23,217
Page 1
Page 2
For the year ending 30 June 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 his 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 Paul Brooks
Director
6th February 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
Aztec Heat Pumps Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08149702 . The registered office is Orwell Accountants Ltd 1 The Mews, Penfold Road, Felixstowe, Suffolk, IP11 7BP.
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 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:
Motor Vehicles 25% Reducing balance
Computer Equipment 33% Straight line
2.4. 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 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: 3 (2023: 3)
3 3
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4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 July 2023 46,230 1,821 48,051
As at 30 June 2024 46,230 1,821 48,051
Depreciation
As at 1 July 2023 31,318 1,039 32,357
Provided during the period 3,728 392 4,120
As at 30 June 2024 35,046 1,431 36,477
Net Book Value
As at 30 June 2024 11,184 390 11,574
As at 1 July 2023 14,912 782 15,694
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 24,381 23,967
Other debtors 11,522 15,225
35,903 39,192
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,132 4,212
Bank loans and overdrafts 10,268 10,015
Other creditors 19,338 27,738
Taxation and social security 6,690 -
39,428 41,965
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,640 19,908
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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