Acorah Software Products - Accounts Production 16.1.300 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 13188499 Mrs Sumera Farooq Mr Farooq Ahmed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13188499 2023-02-28 13188499 2024-02-29 13188499 2023-03-01 2024-02-29 13188499 frs-core:Non-currentFinancialInstruments 2024-02-29 13188499 frs-core:ComputerEquipment 2024-02-29 13188499 frs-core:ComputerEquipment 2023-03-01 2024-02-29 13188499 frs-core:ComputerEquipment 2023-02-28 13188499 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 13188499 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 13188499 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 13188499 frs-core:ShareCapital 2024-02-29 13188499 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13188499 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13188499 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13188499 frs-bus:SmallEntities 2023-03-01 2024-02-29 13188499 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13188499 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13188499 frs-bus:Director1 2023-03-01 2024-02-29 13188499 frs-bus:Director2 2023-03-01 2024-02-29 13188499 frs-countries:EnglandWales 2023-03-01 2024-02-29 13188499 2022-02-28 13188499 2023-02-28 13188499 2022-03-01 2023-02-28 13188499 frs-core:CurrentFinancialInstruments 2023-02-28 13188499 frs-core:Non-currentFinancialInstruments 2023-02-28 13188499 frs-core:ShareCapital 2023-02-28 13188499 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13188499
Hru Properties Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13188499
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 85,747 86,119
85,747 86,119
CURRENT ASSETS
Cash at bank and in hand 1,113 738
1,113 738
Creditors: Amounts Falling Due Within One Year 5 (28,830 ) (29,089 )
NET CURRENT ASSETS (LIABILITIES) (27,717 ) (28,351 )
TOTAL ASSETS LESS CURRENT LIABILITIES 58,030 57,768
Creditors: Amounts Falling Due After More Than One Year 6 (58,341 ) (59,901 )
NET LIABILITIES (311 ) (2,133 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (313 ) (2,135 )
SHAREHOLDERS' FUNDS (311) (2,133)
Page 1
Page 2
For the year ending 29 February 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 Farooq Ahmed
Director
30/11/2024
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
Hru Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13188499 . The registered office is 2 Manor Road, Oldham, OL4 1RQ.
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:
Freehold Nil
Computer Equipment 33% Straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 March 2023 85,746 1,117 86,863
As at 29 February 2024 85,746 1,117 86,863
Depreciation
As at 1 March 2023 - 744 744
Provided during the period - 372 372
As at 29 February 2024 - 1,116 1,116
Net Book Value
As at 29 February 2024 85,746 1 85,747
As at 1 March 2023 85,746 373 86,119
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Other creditors 28,830 29,090
28,830 29,089
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 58,341 59,901
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4