Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2024 1 April 2023 false 1 April 2024 15 February 2025 15 February 2025 07458684 Mr Wagner Carrilho iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07458684 2024-03-31 07458684 2025-02-15 07458684 2024-04-01 2025-02-15 07458684 frs-core:CurrentFinancialInstruments 2025-02-15 07458684 frs-core:Non-currentFinancialInstruments 2025-02-15 07458684 frs-core:FurnitureFittings 2025-02-15 07458684 frs-core:FurnitureFittings 2024-04-01 2025-02-15 07458684 frs-core:FurnitureFittings 2024-03-31 07458684 frs-core:PlantMachinery 2025-02-15 07458684 frs-core:PlantMachinery 2024-04-01 2025-02-15 07458684 frs-core:PlantMachinery 2024-03-31 07458684 frs-core:ShareCapital 2025-02-15 07458684 frs-core:RetainedEarningsAccumulatedLosses 2025-02-15 07458684 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-02-15 07458684 frs-bus:FilletedAccounts 2024-04-01 2025-02-15 07458684 frs-bus:SmallEntities 2024-04-01 2025-02-15 07458684 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-02-15 07458684 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-02-15 07458684 frs-bus:Director1 2024-04-01 2025-02-15 07458684 frs-countries:EnglandWales 2024-04-01 2025-02-15 07458684 2023-03-31 07458684 2024-03-31 07458684 2023-04-01 2024-03-31 07458684 frs-core:CurrentFinancialInstruments 2024-03-31 07458684 frs-core:Non-currentFinancialInstruments 2024-03-31 07458684 frs-core:ShareCapital 2024-03-31 07458684 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07458684
Happiness Entertainments Limited
Unaudited Financial Statements
For the Period 1 April 2024 to 15 February 2025
Courtview Accounting Ltd
483 Green Lanes
London
N13 4BS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07458684
15 February 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 4,169
- 4,169
CURRENT ASSETS
Stocks 5 - 427
Debtors 6 1,563 24,514
Cash at bank and in hand - 923
1,563 25,864
Creditors: Amounts Falling Due Within One Year 7 (2,282 ) (2,642 )
NET CURRENT ASSETS (LIABILITIES) (719 ) 23,222
TOTAL ASSETS LESS CURRENT LIABILITIES (719 ) 27,391
Creditors: Amounts Falling Due After More Than One Year 8 (25,000 ) (25,000 )
NET (LIABILITIES)/ASSETS (25,719 ) 2,391
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (25,721 ) 2,389
SHAREHOLDERS' FUNDS (25,719) 2,391
Page 1
Page 2
For the period ending 15 February 2025 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 Wagner Carrilho
Director
18/02/2025
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
Happiness Entertainments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07458684 . The registered office is 483 Green Lanes, London, N13 4BS.
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 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.
2.3. 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:
Plant & Machinery 25% on net book value
Fixtures & Fittings 25% on net book value
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL (2024: NIL)
- -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 22,306 19,874 42,180
Disposals (22,306 ) (19,874 ) (42,180 )
Depreciation
As at 1 April 2024 20,128 17,883 38,011
Disposals (20,128 ) (17,883 ) (38,011 )
As at 15 February 2025 - - -
...CONTINUED
Page 3
Page 4
Net Book Value
As at 15 February 2025 - - -
As at 1 April 2024 2,178 1,991 4,169
5. Stocks
15 February 2025 31 March 2024
£ £
Stock - 427
6. Debtors
15 February 2025 31 March 2024
£ £
Due within one year
Other debtors 1,563 24,514
7. Creditors: Amounts Falling Due Within One Year
15 February 2025 31 March 2024
£ £
Other creditors - 360
Taxation and social security 2,282 2,282
2,282 2,642
8. Creditors: Amounts Falling Due After More Than One Year
15 February 2025 31 March 2024
£ £
Other creditors 25,000 25,000
9. Share Capital
15 February 2025 31 March 2024
£ £
Allotted, Called up and fully paid 2 2
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
Page 4