Acorah Software Products - Accounts Production 16.1.300 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 11489246 Mr Simon Ball iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11489246 2023-07-31 11489246 2024-07-31 11489246 2023-08-01 2024-07-31 11489246 frs-core:CurrentFinancialInstruments 2024-07-31 11489246 frs-core:Non-currentFinancialInstruments 2024-07-31 11489246 frs-core:InvestmentPropertyIncludedWithinPPE 2024-07-31 11489246 frs-core:InvestmentPropertyIncludedWithinPPE 2023-08-01 2024-07-31 11489246 frs-core:InvestmentPropertyIncludedWithinPPE 2023-07-31 11489246 frs-core:OtherReservesSubtotal 2024-07-31 11489246 frs-core:ShareCapital 2024-07-31 11489246 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 11489246 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11489246 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 11489246 frs-bus:SmallEntities 2023-08-01 2024-07-31 11489246 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 11489246 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 11489246 frs-bus:Director1 2023-08-01 2024-07-31 11489246 frs-countries:EnglandWales 2023-08-01 2024-07-31 11489246 2022-07-31 11489246 2023-07-31 11489246 2022-08-01 2023-07-31 11489246 frs-core:CurrentFinancialInstruments 2023-07-31 11489246 frs-core:Non-currentFinancialInstruments 2023-07-31 11489246 frs-core:OtherReservesSubtotal 2023-07-31 11489246 frs-core:ShareCapital 2023-07-31 11489246 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 11489246
Haston Direct Investments Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11489246
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 95,000 75,000
95,000 75,000
CURRENT ASSETS
Debtors 5 784 254
Cash at bank and in hand 19,754 19,558
20,538 19,812
Creditors: Amounts Falling Due Within One Year 6 (625 ) (625 )
NET CURRENT ASSETS (LIABILITIES) 19,913 19,187
TOTAL ASSETS LESS CURRENT LIABILITIES 114,913 94,187
Creditors: Amounts Falling Due After More Than One Year 7 (109,742 ) (107,640 )
NET ASSETS/(LIABILITIES) 5,171 (13,453 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Other reserves 19,080 19,080
Profit and Loss Account (13,911 ) (32,535 )
SHAREHOLDERS' FUNDS 5,171 (13,453)
Page 1
Page 2
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 members have 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 Simon Ball
Director
20/03/2025
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
Haston Direct Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11489246 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director's who have undertaken to provide such support for the foreseeable future.
If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Related Party Transactions
Loans received from connected parties are recognised in the financial statements at the discounted present value using the effective interest rate method.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 August 2023 75,000
Revaluation 20,000
As at 31 July 2024 95,000
Net Book Value
As at 31 July 2024 95,000
As at 1 August 2023 75,000
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 544 -
Prepayments and accrued income 238 252
Other debtors 2 2
784 254
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 625 625
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 56,250 56,250
Other creditors 53,492 51,390
109,742 107,640
8. Secured Creditors
Of the creditors falling due after more than one year the following amount is secured by a fixed charge over the investment property. The mortgage is interest only with a term of 20 years.
2024 2023
£ £
Bank loans and overdrafts 56,250 56,250
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
At 31st July 2024 Haston Direct Investments Limited owed £63,000 (2023 - £63,000) to Haston Direct Associates Limited, a company in which Mr Simon Ball is a director and shareholder. The loan is interest free, for a term of nine years repayable on the 31st December 2028.
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