Acorah Software Products - Accounts Production 16.2.850 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 12458474 Mr Anthony Abdoollah iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12458474 2024-02-29 12458474 2025-02-28 12458474 2024-03-01 2025-02-28 12458474 frs-core:CurrentFinancialInstruments 2025-02-28 12458474 frs-core:MotorVehicles 2025-02-28 12458474 frs-core:MotorVehicles 2024-03-01 2025-02-28 12458474 frs-core:MotorVehicles 2024-02-29 12458474 frs-core:PlantMachinery 2025-02-28 12458474 frs-core:PlantMachinery 2024-03-01 2025-02-28 12458474 frs-core:PlantMachinery 2024-02-29 12458474 frs-core:ShareCapital 2025-02-28 12458474 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 12458474 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 12458474 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 12458474 frs-bus:SmallEntities 2024-03-01 2025-02-28 12458474 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 12458474 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 12458474 frs-bus:Director1 2024-03-01 2025-02-28 12458474 frs-countries:EnglandWales 2024-03-01 2025-02-28 12458474 2023-02-28 12458474 2024-02-29 12458474 2023-03-01 2024-02-29 12458474 frs-core:CurrentFinancialInstruments 2024-02-29 12458474 frs-core:ShareCapital 2024-02-29 12458474 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 12458474
Hayes Building Services Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
TaxAssist Accountants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12458474
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,785 7,951
7,785 7,951
CURRENT ASSETS
Debtors 5 610 1,342
Cash at bank and in hand 120,354 87,858
120,964 89,200
Creditors: Amounts Falling Due Within One Year 6 (63,337 ) (21,925 )
NET CURRENT ASSETS (LIABILITIES) 57,627 67,275
TOTAL ASSETS LESS CURRENT LIABILITIES 65,412 75,226
NET ASSETS 65,412 75,226
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 65,410 75,224
SHAREHOLDERS' FUNDS 65,412 75,226
For the year ending 28 February 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 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 Anthony Abdoollah
Director
17/04/2025
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
Hayes Building Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12458474 . The registered office is 26 Cherry Walk, Bromley, Hayes, Kent, BR2 7LT.
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:
Plant & Machinery 20% straight line
Motor Vehicles 25% reducing balance
2.4. 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: 3 (2024: 3)
3 3
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 March 2024 1,116 24,005 25,121
Additions 2,612 - 2,612
As at 28 February 2025 3,728 24,005 27,733
Depreciation
As at 1 March 2024 759 16,411 17,170
Provided during the period 879 1,899 2,778
As at 28 February 2025 1,638 18,310 19,948
Net Book Value
As at 28 February 2025 2,090 5,695 7,785
As at 1 March 2024 357 7,594 7,951
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 610 1,342
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 684
Corporation tax 13,180 18,651
Other taxes and social security 905 900
VAT 7,830 40
Other creditors 172 88
Accruals and deferred income 1,250 1,250
Director's loan account 40,000 312
63,337 21,925
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 3