Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 07140889 Mr David Stone iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07140889 2024-01-31 07140889 2025-01-31 07140889 2024-02-01 2025-01-31 07140889 frs-core:CurrentFinancialInstruments 2025-01-31 07140889 frs-core:FurnitureFittings 2025-01-31 07140889 frs-core:FurnitureFittings 2024-02-01 2025-01-31 07140889 frs-core:FurnitureFittings 2024-01-31 07140889 frs-core:NetGoodwill 2025-01-31 07140889 frs-core:NetGoodwill 2024-02-01 2025-01-31 07140889 frs-core:NetGoodwill 2024-01-31 07140889 frs-core:MotorVehicles 2025-01-31 07140889 frs-core:MotorVehicles 2024-02-01 2025-01-31 07140889 frs-core:MotorVehicles 2024-01-31 07140889 frs-core:ShareCapital 2025-01-31 07140889 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 07140889 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 07140889 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 07140889 frs-bus:SmallEntities 2024-02-01 2025-01-31 07140889 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 07140889 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 07140889 frs-bus:Director1 2024-02-01 2025-01-31 07140889 frs-countries:EnglandWales 2024-02-01 2025-01-31 07140889 2023-01-31 07140889 2024-01-31 07140889 2023-02-01 2024-01-31 07140889 frs-core:CurrentFinancialInstruments 2024-01-31 07140889 frs-core:ShareCapital 2024-01-31 07140889 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 07140889
Hillcrest Data & Electrical Limited
Financial Statements
For The Year Ended 31 January 2025
JDL Business Services Limited
Accountants and Consultants
304 High Road
Benfleet
Essex
SS7 5HB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07140889
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 250 250
Tangible Assets 5 5,730 7,163
5,980 7,413
CURRENT ASSETS
Debtors 6 7,950 5,503
Cash at bank and in hand 66,449 79,098
74,399 84,601
Creditors: Amounts Falling Due Within One Year 7 (44,631 ) (57,019 )
NET CURRENT ASSETS (LIABILITIES) 29,768 27,582
TOTAL ASSETS LESS CURRENT LIABILITIES 35,748 34,995
NET ASSETS 35,748 34,995
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 35,746 34,993
SHAREHOLDERS' FUNDS 35,748 34,995
Page 1
Page 2
For the year ending 31 January 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 David Stone
Director
21/02/2025
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
Hillcrest Data & Electrical Limited Registered number 07140889 is a limited by shares company incorporated in England & Wales. The Registered Office is 304 High Road, Benfleet, SS7 5HB.
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. 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 .... years.
2.4. 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 20% reducing balance
Fixtures & Fittings 20% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2024 250
As at 31 January 2025 250
Net Book Value
As at 31 January 2025 250
As at 1 February 2024 250
Page 3
Page 4
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 February 2024 5,450 31,814 37,264
As at 31 January 2025 5,450 31,814 37,264
Depreciation
As at 1 February 2024 3,586 26,515 30,101
Provided during the period 373 1,060 1,433
As at 31 January 2025 3,959 27,575 31,534
Net Book Value
As at 31 January 2025 1,491 4,239 5,730
As at 1 February 2024 1,864 5,299 7,163
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 7,950 5,796
Corporation tax recoverable assets - (293 )
7,950 5,503
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 1
Other taxes and social security 885 518
VAT 3,564 10,263
Accruals and deferred income 1,770 1,895
Director's loan account 38,411 44,342
44,631 57,019
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4