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 11388640 Chido Bhila Rejoice Bhila Kwaramba Elizabeth Phillips iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11388640 2023-05-31 11388640 2024-05-31 11388640 2023-06-01 2024-05-31 11388640 frs-core:CurrentFinancialInstruments 2024-05-31 11388640 frs-core:Non-currentFinancialInstruments 2024-05-31 11388640 frs-core:BetweenOneFiveYears 2024-05-31 11388640 frs-core:ComputerEquipment 2024-05-31 11388640 frs-core:ComputerEquipment 2023-06-01 2024-05-31 11388640 frs-core:ComputerEquipment 2023-05-31 11388640 frs-core:FurnitureFittings 2024-05-31 11388640 frs-core:FurnitureFittings 2023-06-01 2024-05-31 11388640 frs-core:FurnitureFittings 2023-05-31 11388640 frs-core:MotorVehicles 2024-05-31 11388640 frs-core:MotorVehicles 2023-06-01 2024-05-31 11388640 frs-core:MotorVehicles 2023-05-31 11388640 frs-core:ShareCapital 2024-05-31 11388640 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11388640 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11388640 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 11388640 frs-bus:SmallEntities 2023-06-01 2024-05-31 11388640 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11388640 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11388640 frs-bus:Director1 2023-06-01 2024-05-31 11388640 frs-bus:Director2 2023-06-01 2024-05-31 11388640 frs-bus:Director3 2023-06-01 2024-05-31 11388640 frs-countries:EnglandWales 2023-06-01 2024-05-31 11388640 2022-05-31 11388640 2023-05-31 11388640 2022-06-01 2023-05-31 11388640 frs-core:CurrentFinancialInstruments 2023-05-31 11388640 frs-core:Non-currentFinancialInstruments 2023-05-31 11388640 frs-core:BetweenOneFiveYears 2023-05-31 11388640 frs-core:ShareCapital 2023-05-31 11388640 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 11388640
BIG HEARTS RECRUITMENT LTD
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 11388640
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 23,616 22,895
23,616 22,895
CURRENT ASSETS
Debtors 5 21,035 27,544
Cash at bank and in hand 8,122 6,917
29,157 34,461
Creditors: Amounts Falling Due Within One Year 6 (34,790 ) (49,383 )
NET CURRENT ASSETS (LIABILITIES) (5,633 ) (14,922 )
TOTAL ASSETS LESS CURRENT LIABILITIES 17,983 7,973
Creditors: Amounts Falling Due After More Than One Year 7 (35,640 ) (43,912 )
NET LIABILITIES (17,657 ) (35,939 )
CAPITAL AND RESERVES
Called up share capital 9 3 3
Income Statement (17,660 ) (35,942 )
SHAREHOLDERS' FUNDS (17,657) (35,939)
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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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Income Statement.
On behalf of the board
Elizabeth Phillips
Director
24/02/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
BIG HEARTS RECRUITMENT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11388640 . The registered office is Suite 44 Basepoint Business Centre, Caxton Close, Andover, Hampshire, SP10 3FG.
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 represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.
2.3. Tangible Fixed Assets and Depreciation
Tangible assets are included at cost less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor Vehicles 20%
Fixtures & Fittings 25%
Computer Equipment 25%
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 income statement 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 income statement as incurred.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 56 (2023: 40)
56 40
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 20,945 5,113 3,929 29,987
Additions 4,000 458 2,749 7,207
As at 31 May 2024 24,945 5,571 6,678 37,194
Depreciation
As at 1 June 2023 4,189 1,278 1,625 7,092
Provided during the period 4,151 1,071 1,264 6,486
As at 31 May 2024 8,340 2,349 2,889 13,578
Net Book Value
As at 31 May 2024 16,605 3,222 3,789 23,616
As at 1 June 2023 16,756 3,835 2,304 22,895
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 16,357 19,406
Other debtors 639 8,138
16,996 27,544
Due after more than one year
Other debtors 4,039 -
21,035 27,544
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 5,999 5,835
Other creditors 28,791 43,548
34,790 49,383
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 2,726 4,899
Bank loans 32,914 39,013
35,640 43,912
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8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 2,726 4,899
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
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