Acorah Software Products - Accounts Production 16.2.850 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 08308981 Mr K C Sheard Mr K C Sheard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08308981 2023-11-30 08308981 2024-11-30 08308981 2023-12-01 2024-11-30 08308981 frs-core:CurrentFinancialInstruments 2024-11-30 08308981 frs-core:ComputerEquipment 2024-11-30 08308981 frs-core:ComputerEquipment 2023-12-01 2024-11-30 08308981 frs-core:ComputerEquipment 2023-11-30 08308981 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 08308981 frs-core:OtherResidualIntangibleAssets 2024-11-30 08308981 frs-core:OtherResidualIntangibleAssets 2023-11-30 08308981 frs-core:ShareCapital 2024-11-30 08308981 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 08308981 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08308981 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 08308981 frs-bus:SmallEntities 2023-12-01 2024-11-30 08308981 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 08308981 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 08308981 frs-bus:OrdinaryShareClass1 2023-12-01 2024-11-30 08308981 frs-bus:OrdinaryShareClass1 2024-11-30 08308981 frs-bus:Director1 2023-12-01 2024-11-30 08308981 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 08308981 frs-countries:EnglandWales 2023-12-01 2024-11-30 08308981 2022-11-30 08308981 2023-11-30 08308981 2022-12-01 2023-11-30 08308981 frs-core:CurrentFinancialInstruments 2023-11-30 08308981 frs-core:ShareCapital 2023-11-30 08308981 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 08308981 frs-bus:OrdinaryShareClass1 2022-12-01 2023-11-30
Registered number: 08308981
Hunter Bayfield Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 08308981
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 400 797
400 797
CURRENT ASSETS
Debtors 6 46,603 27,488
46,603 27,488
Creditors: Amounts Falling Due Within One Year 7 (44,136 ) (23,004 )
NET CURRENT ASSETS (LIABILITIES) 2,467 4,484
TOTAL ASSETS LESS CURRENT LIABILITIES 2,867 5,281
NET ASSETS 2,867 5,281
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 2,866 5,280
SHAREHOLDERS' FUNDS 2,867 5,281
For the year ending 30 November 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 K C Sheard
Director
8th April 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Hunter Bayfield Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08308981 . The registered office is 141 Wood Street, Chelmsford, Essex, CM2 8BH.
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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets measured at cost less accumulated amortisation.
Amortisation is provided at rates calculated to write off the cost of the intangible assets, less their estimated residual value, over their expected useful lives on 20% straight line bases.
2.4. 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:
Computer Equipment 33% Straight line method
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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 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 assets reflect 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.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 2
Page 3
4. Intangible Assets
Other
£
Cost
As at 1 December 2023 3,600
As at 30 November 2024 3,600
Amortisation
As at 1 December 2023 3,600
As at 30 November 2024 3,600
Net Book Value
As at 30 November 2024 -
As at 1 December 2023 -
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2023 5,536
Disposals (5,143 )
As at 30 November 2024 393
Depreciation
As at 1 December 2023 4,739
Provided during the period 397
Disposals (5,143 )
As at 30 November 2024 (7 )
Net Book Value
As at 30 November 2024 400
As at 1 December 2023 797
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 45,161 26,046
Other debtors 1,442 1,442
46,603 27,488
Page 3
Page 4
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 4,997 7,445
Other creditors 1,200 1,462
Taxation and social security 37,939 14,097
44,136 23,004
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.00 each 1 1
Page 4