Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 05888526 Mr Shimon Aharon Frid Sarah Frid iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05888526 2023-07-31 05888526 2024-07-31 05888526 2023-08-01 2024-07-31 05888526 frs-core:CurrentFinancialInstruments 2024-07-31 05888526 frs-core:ComputerEquipment 2024-07-31 05888526 frs-core:ComputerEquipment 2023-08-01 2024-07-31 05888526 frs-core:ComputerEquipment 2023-07-31 05888526 frs-core:FurnitureFittings 2024-07-31 05888526 frs-core:FurnitureFittings 2023-08-01 2024-07-31 05888526 frs-core:FurnitureFittings 2023-07-31 05888526 frs-core:ShareCapital 2024-07-31 05888526 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 05888526 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05888526 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 05888526 frs-bus:SmallEntities 2023-08-01 2024-07-31 05888526 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 05888526 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05888526 frs-bus:Director1 2023-08-01 2024-07-31 05888526 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 05888526 frs-countries:EnglandWales 2023-08-01 2024-07-31 05888526 2022-07-31 05888526 2023-07-31 05888526 2022-08-01 2023-07-31 05888526 frs-core:CurrentFinancialInstruments 2023-07-31 05888526 frs-core:ShareCapital 2023-07-31 05888526 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 05888526
Homebase Estates Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 05888526
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 161 196
161 196
CURRENT ASSETS
Debtors 5 70,703 61,950
Cash at bank and in hand 7,633 13,893
78,336 75,843
Creditors: Amounts Falling Due Within One Year 6 (660 ) (826 )
NET CURRENT ASSETS (LIABILITIES) 77,676 75,017
TOTAL ASSETS LESS CURRENT LIABILITIES 77,837 75,213
NET ASSETS 77,837 75,213
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 77,835 75,211
SHAREHOLDERS' FUNDS 77,837 75,213
For the year ending 31 July 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 Shimon Aharon Frid
Director
09/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Homebase Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05888526 . The registered office is Js & Co Accountants, 26 Theydon Road, London, E5 9NA.
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:
Fixtures & Fittings 15% reducing balance
Computer Equipment 33% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 561 946 1,507
As at 31 July 2024 561 946 1,507
Depreciation
As at 1 August 2023 394 917 1,311
Provided during the period 25 10 35
As at 31 July 2024 419 927 1,346
Net Book Value
As at 31 July 2024 142 19 161
As at 1 August 2023 167 29 196
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 70,703 61,950
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 660 826
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3