Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 00569356 Mrs J Hutson Mr M Hutson Mrs J Hutson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00569356 2024-03-31 00569356 2025-03-31 00569356 2024-04-01 2025-03-31 00569356 frs-core:CurrentFinancialInstruments 2025-03-31 00569356 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 00569356 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-31 00569356 frs-core:CapitalRedemptionReserve 2025-03-31 00569356 frs-core:ShareCapital 2025-03-31 00569356 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 00569356 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00569356 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 00569356 frs-bus:SmallEntities 2024-04-01 2025-03-31 00569356 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 00569356 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 00569356 frs-core:ListedExchangeTraded 2025-03-31 00569356 frs-core:ListedExchangeTraded 2024-03-31 00569356 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-03-31 00569356 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2025-03-31 00569356 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-03-31 00569356 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-03-31 00569356 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-03-31 00569356 frs-bus:Director1 2024-04-01 2025-03-31 00569356 frs-bus:Director2 2024-04-01 2025-03-31 00569356 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 00569356 1 2024-04-01 2025-03-31 00569356 frs-countries:EnglandWales 2024-04-01 2025-03-31 00569356 2023-03-31 00569356 2024-03-31 00569356 2023-04-01 2024-03-31 00569356 frs-core:CurrentFinancialInstruments 2024-03-31 00569356 frs-core:CapitalRedemptionReserve 2024-03-31 00569356 frs-core:ShareCapital 2024-03-31 00569356 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 00569356 1 2023-04-01 2024-03-31
Registered number: 00569356
K.E.Hutson Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00569356
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 230,000 230,000
Investments 5 100,183 98,534
330,183 328,534
CURRENT ASSETS
Debtors 6 434 -
Cash at bank and in hand 48,440 41,657
48,874 41,657
Creditors: Amounts Falling Due Within One Year 7 (7,767 ) (7,982 )
NET CURRENT ASSETS (LIABILITIES) 41,107 33,675
TOTAL ASSETS LESS CURRENT LIABILITIES 371,290 362,209
PROVISIONS FOR LIABILITIES
Deferred Taxation (29,819 ) (29,506 )
NET ASSETS 341,471 332,703
CAPITAL AND RESERVES
Called up share capital 8 5,000 5,000
Capital redemption reserve 7,386 7,386
Profit and Loss Account 329,085 320,317
SHAREHOLDERS' FUNDS 341,471 332,703
Page 1
Page 2
For the year ending 31 March 2025 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 directors acknowledge their 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 M Hutson
Director
15 April 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
K.E.Hutson Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00569356 . The registered office is 33 Cardross Street, London, W6 0DP.
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. 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.
2.3. 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 year 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 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Employees 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 April 2024 230,000
As at 31 March 2025 230,000
Net Book Value
As at 31 March 2025 230,000
As at 1 April 2024 230,000
Mr M Hutson, a director, revalued the property as at the 31 March 2025 and this valuation was on the basis of the open market value . Mr M Hutson consulted with a professional valuer in arising at this valuation.
5. Investments
Listed
£
Cost
As at 1 April 2024 98,534
Revaluations 1,649
As at 31 March 2025 100,183
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 100,183
As at 1 April 2024 98,534
The Investments have been included in the accounts at fair value.
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 434 -
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 6,024 6,363
Taxation and social security 1,743 1,619
7,767 7,982
Page 4
Page 5
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 5,000 5,000
Page 5