Acorah Software Products - Accounts Production 16.1.300 false true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 05803172 Mr Jay Crossland Mr A Crossland Mr Jay Crossland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05803172 2023-05-31 05803172 2024-05-31 05803172 2023-06-01 2024-05-31 05803172 frs-core:CurrentFinancialInstruments 2024-05-31 05803172 frs-core:Non-currentFinancialInstruments 2024-05-31 05803172 frs-core:ComputerEquipment 2024-05-31 05803172 frs-core:ComputerEquipment 2023-06-01 2024-05-31 05803172 frs-core:ComputerEquipment 2023-05-31 05803172 frs-core:MotorVehicles 2024-05-31 05803172 frs-core:MotorVehicles 2023-06-01 2024-05-31 05803172 frs-core:MotorVehicles 2023-05-31 05803172 frs-core:PlantMachinery 2024-05-31 05803172 frs-core:PlantMachinery 2023-06-01 2024-05-31 05803172 frs-core:PlantMachinery 2023-05-31 05803172 frs-core:ShareCapital 2024-05-31 05803172 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 05803172 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05803172 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 05803172 frs-bus:SmallEntities 2023-06-01 2024-05-31 05803172 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05803172 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05803172 frs-core:DeferredTaxation 2023-05-31 05803172 frs-core:DeferredTaxation 2024-05-31 05803172 frs-bus:Director1 2023-06-01 2024-05-31 05803172 frs-bus:Director1 2023-05-31 05803172 frs-bus:Director1 2024-05-31 05803172 frs-bus:Director2 2023-06-01 2024-05-31 05803172 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 05803172 frs-core:CurrentFinancialInstruments 2 2024-05-31 05803172 frs-countries:EnglandWales 2023-06-01 2024-05-31 05803172 2022-05-31 05803172 2023-05-31 05803172 2022-06-01 2023-05-31 05803172 frs-core:CurrentFinancialInstruments 2023-05-31 05803172 frs-core:Non-currentFinancialInstruments 2023-05-31 05803172 frs-core:ShareCapital 2023-05-31 05803172 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 05803172 frs-core:CurrentFinancialInstruments 2 2023-05-31
Registered number: 05803172
Northern Heating & Solar Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
DEB Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05803172
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,396 5,862
4,396 5,862
CURRENT ASSETS
Stocks 200 200
Debtors 5 372 2,990
Cash at bank and in hand 1 1
573 3,191
Creditors: Amounts Falling Due Within One Year 6 (13,989 ) (13,689 )
NET CURRENT ASSETS (LIABILITIES) (13,416 ) (10,498 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,020 ) (4,636 )
Creditors: Amounts Falling Due After More Than One Year 7 (4,000 ) (8,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (2,018 ) (2,018 )
NET LIABILITIES (15,038 ) (14,654 )
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account (15,040 ) (14,656 )
SHAREHOLDERS' FUNDS (15,038) (14,654)
Page 1
Page 2
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 Profit and Loss Account.
On behalf of the board
Mr Jay Crossland
Director
26/02/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Northern Heating & Solar Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05803172 . The registered office is 19 Middlewoods Way, Wharncliffe Business Park, Carlton, Barnsley, S71 3HR.
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. Going Concern Disclosure
The company has sustained losses over the previous years, and the directors have provided loans to the company to enable it to continue to trade. The future of the company is dependent on the continued support of the directors. The directors have confirmed that they will not request repayment of the loans until the company has sufficent funds to enable it to do so. Accordingly, the directors consider that the going concern basis is appropriate.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 and Equipment 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
2.5. 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.
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Plant and Equipment Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 5,476 15,800 1,467 22,743
As at 31 May 2024 5,476 15,800 1,467 22,743
Depreciation
As at 1 June 2023 4,641 10,800 1,440 16,881
Provided during the period 209 1,250 7 1,466
As at 31 May 2024 4,850 12,050 1,447 18,347
Net Book Value
As at 31 May 2024 626 3,750 20 4,396
As at 1 June 2023 835 5,000 27 5,862
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 2,130
Prepayments and accrued income 102 102
Other Debtor - 758
Directors' loan accounts 270 -
372 2,990
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,426 -
Bank loans and overdrafts 8,362 7,637
Credit Card 1,124 460
Accruals and deferred income 77 4,167
Directors' loan accounts - 1,425
13,989 13,689
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,000 8,000
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 2,018 2,018
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9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 June 2023 2,018 2,018
Balance at 31 May 2024 2,018 2,018
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
11. 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 Jay Crossland - 270 - - -
The above loan is unsecured, interest free and was repaid during the following period.
The director has given a personal guarantee in respect of the bank overdraft upto a limit of £8,000.
12. Related Party Transactions
The company is controlled by Mr J Crossland, director and shareholder of the company. 
The balance on the director's loan account at 31st May 2024 was £270 due to the company (2023 - £1,425 due from the Company). 
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