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 11982200 Mr Shazad Mahmood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11982200 2023-05-31 11982200 2024-05-31 11982200 2023-06-01 2024-05-31 11982200 frs-core:CurrentFinancialInstruments 2024-05-31 11982200 frs-core:Non-currentFinancialInstruments 2024-05-31 11982200 frs-core:ComputerEquipment 2024-05-31 11982200 frs-core:ComputerEquipment 2023-06-01 2024-05-31 11982200 frs-core:ComputerEquipment 2023-05-31 11982200 frs-core:FurnitureFittings 2024-05-31 11982200 frs-core:FurnitureFittings 2023-06-01 2024-05-31 11982200 frs-core:FurnitureFittings 2023-05-31 11982200 frs-core:PlantMachinery 2024-05-31 11982200 frs-core:PlantMachinery 2023-06-01 2024-05-31 11982200 frs-core:PlantMachinery 2023-05-31 11982200 frs-core:ShareCapital 2024-05-31 11982200 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11982200 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11982200 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 11982200 frs-bus:SmallEntities 2023-06-01 2024-05-31 11982200 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11982200 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11982200 frs-bus:Director1 2023-06-01 2024-05-31 11982200 frs-countries:EnglandWales 2023-06-01 2024-05-31 11982200 2022-05-31 11982200 2023-05-31 11982200 2022-06-01 2023-05-31 11982200 frs-core:CurrentFinancialInstruments 2023-05-31 11982200 frs-core:Non-currentFinancialInstruments 2023-05-31 11982200 frs-core:ShareCapital 2023-05-31 11982200 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 11982200
Robert Hill (Lye) Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11982200
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 54,014 71,083
54,014 71,083
CURRENT ASSETS
Stocks 4 10,937 -
Debtors 5 - 10,000
Cash at bank and in hand 27,001 6,525
37,938 16,525
Creditors: Amounts Falling Due Within One Year 6 (34,143 ) (33,581 )
NET CURRENT ASSETS (LIABILITIES) 3,795 (17,056 )
TOTAL ASSETS LESS CURRENT LIABILITIES 57,809 54,027
Creditors: Amounts Falling Due After More Than One Year 7 (34,473 ) (39,701 )
NET ASSETS 23,336 14,326
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 23,236 14,226
SHAREHOLDERS' FUNDS 23,336 14,326
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 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 Shazad Mahmood
Director
26 February 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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:
Plant & Machinery 20% Reducing Balance
Fixtures & Fittings 20% Straight Line
Computer Equipment 20% Straight Line
1.4. 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. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
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3. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 38,922 61,345 2,794 103,061
As at 31 May 2024 38,922 61,345 2,794 103,061
Depreciation
As at 1 June 2023 17,716 12,704 1,558 31,978
Provided during the period 4,241 12,269 559 17,069
As at 31 May 2024 21,957 24,973 2,117 49,047
Net Book Value
As at 31 May 2024 16,965 36,372 677 54,014
As at 1 June 2023 21,206 48,641 1,236 71,083
4. Stocks
2024 2023
£ £
Stock 10,937 -
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 10,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net wages 685 -
Director's loan account 33,458 33,581
34,143 33,581
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 34,473 39,701
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5