Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 07270453 Mr Alex Ashur Mrs Hannah Gilbert-Ashur iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07270453 2023-06-30 07270453 2024-06-30 07270453 2023-07-01 2024-06-30 07270453 frs-core:CurrentFinancialInstruments 2024-06-30 07270453 frs-core:Non-currentFinancialInstruments 2024-06-30 07270453 frs-core:ComputerEquipment 2024-06-30 07270453 frs-core:ComputerEquipment 2023-07-01 2024-06-30 07270453 frs-core:ComputerEquipment 2023-06-30 07270453 frs-core:FurnitureFittings 2024-06-30 07270453 frs-core:FurnitureFittings 2023-07-01 2024-06-30 07270453 frs-core:FurnitureFittings 2023-06-30 07270453 frs-core:MotorVehicles 2024-06-30 07270453 frs-core:MotorVehicles 2023-07-01 2024-06-30 07270453 frs-core:MotorVehicles 2023-06-30 07270453 frs-core:PlantMachinery 2024-06-30 07270453 frs-core:PlantMachinery 2023-07-01 2024-06-30 07270453 frs-core:PlantMachinery 2023-06-30 07270453 frs-core:ShareCapital 2024-06-30 07270453 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 07270453 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07270453 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 07270453 frs-bus:SmallEntities 2023-07-01 2024-06-30 07270453 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07270453 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 07270453 frs-bus:Director1 2023-07-01 2024-06-30 07270453 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 07270453 1 2023-07-01 2024-06-30 07270453 frs-countries:EnglandWales 2023-07-01 2024-06-30 07270453 2022-06-30 07270453 2023-06-30 07270453 2022-07-01 2023-06-30 07270453 frs-core:CurrentFinancialInstruments 2023-06-30 07270453 frs-core:Non-currentFinancialInstruments 2023-06-30 07270453 frs-core:ShareCapital 2023-06-30 07270453 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 07270453 1 2022-07-01 2023-06-30
Registered number: 07270453
Handisc Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07270453
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 224,572 182,226
224,572 182,226
CURRENT ASSETS
Stocks 98,354 90,164
Debtors 5 347,857 319,726
Cash at bank and in hand 39,964 121,594
486,175 531,484
Creditors: Amounts Falling Due Within One Year 6 (217,729 ) (258,786 )
NET CURRENT ASSETS (LIABILITIES) 268,446 272,698
TOTAL ASSETS LESS CURRENT LIABILITIES 493,018 454,924
Creditors: Amounts Falling Due After More Than One Year 7 (9,640 ) (19,908 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (56,004 ) (37,004 )
NET ASSETS 427,374 398,012
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account 427,373 398,011
SHAREHOLDERS' FUNDS 427,374 398,012
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Page 2
For the year ending 30 June 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 Alex Ashur
Director
15 March 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Handisc Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 07270453 . The registered office is Unit 22, Glenmore Business Park, Colebrook Way, Andover, Hants, England, SP10 3GZ.
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 is recognised at the point that the customer takes delivery of the goods.
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:
Plant and machinery 15% straight line
Motor vehicles 15% straight line
Furniture and fixtures 15% straight line
Computer equipment 25% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets.

Assets acquired under hire purchase contracts are depreciated over their useful lives.

Assets acquired under finance leases are depreciated over the shorter of the lease term and 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 profit and loss account 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 profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell.
2.6. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
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2.7. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year 8 8
8 8
4. Tangible Assets
Plant and machinery Motor vehicles Furniture and fixtures Computer equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 138,292 102,854 17,046 82,318 340,510
Additions 76,493 - 12,715 3,259 92,467
As at 30 June 2024 214,785 102,854 29,761 85,577 432,977
Depreciation
As at 1 July 2023 37,455 57,092 12,344 51,393 158,284
Provided during the period 21,338 13,260 7,513 8,010 50,121
As at 30 June 2024 58,793 70,352 19,857 59,403 208,405
Net Book Value
As at 30 June 2024 155,992 32,502 9,904 26,174 224,572
As at 1 July 2023 100,837 45,762 4,702 30,925 182,226
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 202,329 216,186
Amounts owed by group undertakings 140,948 88,943
Other debtors 4,580 14,597
347,857 319,726
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 32,996
Trade creditors 152,847 190,160
Bank loans and overdrafts 10,268 10,015
Other creditors 624 312
Taxation and social security 53,990 25,303
217,729 258,786
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,640 19,908
8. Related Party Transactions
The amount due from the related party at the year end was £140,948 (2023 : £88,943)
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