Acorah Software Products - Accounts Production 16.2.850 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12689730 Mrs Charlotte Garvey Mr Michael Halliwell Mr Jack McCreery iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12689730 2023-06-30 12689730 2024-06-30 12689730 2023-07-01 2024-06-30 12689730 frs-core:CurrentFinancialInstruments 2024-06-30 12689730 frs-core:ShareCapital 2024-06-30 12689730 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12689730 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12689730 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12689730 frs-bus:SmallEntities 2023-07-01 2024-06-30 12689730 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12689730 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12689730 frs-bus:Director1 2023-07-01 2024-06-30 12689730 frs-bus:Director2 2023-07-01 2024-06-30 12689730 frs-bus:Director3 2023-07-01 2024-06-30 12689730 frs-countries:EnglandWales 2023-07-01 2024-06-30 12689730 2022-06-30 12689730 2023-06-30 12689730 2022-07-01 2023-06-30 12689730 frs-core:CurrentFinancialInstruments 2023-06-30 12689730 frs-core:ShareCapital 2023-06-30 12689730 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12689730
Halliwell McCreery Developments Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Bennett Verby Limited
7 St Petersgate
Stockport
Cheshire
SK1 1EB
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12689730
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 - 794,285
Debtors 5 - 20,225
Cash at bank and in hand 553 3,527
553 818,037
Creditors: Amounts Falling Due Within One Year 6 (111,291 ) (791,556 )
NET CURRENT ASSETS (LIABILITIES) (110,738 ) 26,481
TOTAL ASSETS LESS CURRENT LIABILITIES (110,738 ) 26,481
NET (LIABILITIES)/ASSETS (110,738 ) 26,481
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (110,838 ) 26,381
SHAREHOLDERS' FUNDS (110,738) 26,481
For the year ending 30 June 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 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
Mrs Charlotte Garvey
Director
12 March 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
Halliwell McCreery Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12689730 . The registered office is 5 Priestnall Road, Stockport, SK4 3HR.
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.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to
prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small
group. The financial statements present information about the company as an individual entity and not about
its group.
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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and
subsequently measured at cost less any accumulated impairment losses. The investments are assessed for
impairment at each reporting date and any impairment losses or reversals of impairment losses are
recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating
policies of the entity so as to obtain benefits from its activities.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a longterm
interest and where the company has significant influence. The company considers that it has significant
influence where it has the power to participate in the financial and operating decisions of the associate.
Entities in which the company has a long term interest and shares control under a contractual arrangement
are classified as jointly controlled entities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Stocks
2024 2023
£ £
Stock - 794,285
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings - 3,809
Other debtors - 16,416
- 20,225
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings 19,467 -
Other creditors 91,824 791,556
111,291 791,556
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
Creditors include loans of £107,992 (2023 £643,856) relating to the directors and entities related to them.
Page 3