Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 03571836 Mr Graham Hill G Hill true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03571836 2023-05-31 03571836 2024-05-31 03571836 2023-06-01 2024-05-31 03571836 frs-core:CurrentFinancialInstruments 2024-05-31 03571836 frs-core:Non-currentFinancialInstruments 2024-05-31 03571836 frs-core:ComputerEquipment 2024-05-31 03571836 frs-core:ComputerEquipment 2023-06-01 2024-05-31 03571836 frs-core:ComputerEquipment 2023-05-31 03571836 frs-core:FurnitureFittings 2024-05-31 03571836 frs-core:FurnitureFittings 2023-06-01 2024-05-31 03571836 frs-core:FurnitureFittings 2023-05-31 03571836 frs-core:NetGoodwill 2024-05-31 03571836 frs-core:NetGoodwill 2023-06-01 2024-05-31 03571836 frs-core:NetGoodwill 2023-05-31 03571836 frs-core:MotorVehicles 2024-05-31 03571836 frs-core:MotorVehicles 2023-06-01 2024-05-31 03571836 frs-core:MotorVehicles 2023-05-31 03571836 frs-core:PlantMachinery 2024-05-31 03571836 frs-core:PlantMachinery 2023-06-01 2024-05-31 03571836 frs-core:PlantMachinery 2023-05-31 03571836 frs-core:ShareCapital 2024-05-31 03571836 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 03571836 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 03571836 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 03571836 frs-bus:SmallEntities 2023-06-01 2024-05-31 03571836 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 03571836 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 03571836 1 2023-06-01 2024-05-31 03571836 frs-core:UnlistedNon-exchangeTraded 2024-05-31 03571836 frs-core:UnlistedNon-exchangeTraded 2023-05-31 03571836 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-05-31 03571836 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-05-31 03571836 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 03571836 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-05-31 03571836 frs-bus:Director1 2023-06-01 2024-05-31 03571836 frs-bus:Director1 2023-05-31 03571836 frs-bus:Director1 2024-05-31 03571836 frs-countries:EnglandWales 2023-06-01 2024-05-31 03571836 2022-05-31 03571836 2023-05-31 03571836 2022-06-01 2023-05-31 03571836 frs-core:CurrentFinancialInstruments 2023-05-31 03571836 frs-core:Non-currentFinancialInstruments 2023-05-31 03571836 frs-core:ShareCapital 2023-05-31 03571836 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 03571836
Hill Fresh Fruit LTD
Unaudited Financial Statements
For The Year Ended 31 May 2024
Reynolds
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03571836
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 6,876 11,772
Investments 6 67 67
6,943 11,839
CURRENT ASSETS
Debtors 7 276,697 498,081
Cash at bank and in hand 81,605 175,925
358,302 674,006
Creditors: Amounts Falling Due Within One Year 8 (149,512 ) (334,875 )
NET CURRENT ASSETS (LIABILITIES) 208,790 339,131
TOTAL ASSETS LESS CURRENT LIABILITIES 215,733 350,970
NET ASSETS 215,733 350,970
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account 214,733 349,970
SHAREHOLDERS' FUNDS 215,733 350,970
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For the year ending 31 May 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 Graham Hill
Director
22/01/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hill Fresh Fruit LTD Registered number 03571836 is a limited by shares company incorporated in England & Wales. The Registered Office is The Farm Office Court Lodge, Forge Lane, East Farleigh, Maidstone, ME15 0HQ.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.
2.4. 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:
Plant & Machinery 25% reducing balance and 3 years straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 15% reducing balance
Computer Equipment 3 years straight line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 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.
2.7. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 June 2023 228,675
As at 31 May 2024 228,675
Amortisation
As at 1 June 2023 228,675
As at 31 May 2024 228,675
Net Book Value
As at 31 May 2024 -
As at 1 June 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2023 172,884 41,373 14,734 9,302 238,293
Additions - - 1,083 - 1,083
As at 31 May 2024 172,884 41,373 15,817 9,302 239,376
Depreciation
As at 1 June 2023 172,629 32,063 12,824 9,005 226,521
Provided during the period 63 5,320 300 296 5,979
As at 31 May 2024 172,692 37,383 13,124 9,301 232,500
Net Book Value
As at 31 May 2024 192 3,990 2,693 1 6,876
As at 1 June 2023 255 9,310 1,910 297 11,772
6. Investments
Unlisted
£
Cost
As at 1 June 2023 67
As at 31 May 2024 67
Provision
As at 1 June 2023 -
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 67
As at 1 June 2023 67
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7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 74,956 358,646
Prepayments and accrued income 2,456 -
VAT 1,814 7,542
Director's loan account 147,642 98,612
226,868 464,800
Due after more than one year
Corporation tax recoverable assets 49,829 33,281
276,697 498,081
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 112,769 205,300
Corporation tax 25,716 86,268
Other taxes and social security 1,651 2,162
Other creditors 565 574
Accruals and deferred income 8,811 40,571
149,512 334,875
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2023 Amounts advanced Amounts repaid Amounts written off As at 31 May 2024
£ £ £ £ £
Mr Graham Hill 98,611 49,030 - - 147,642
The above loan is unsecured, interest free and repayable on demand. 
11. Ultimate Controlling Party
The company's ultimate controlling party is G Hill by virtue of his ownership of 100% of the issued share capital in the company.
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