Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 SC600287 Mrs L Rose Mr P Rose iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC600287 2023-12-31 SC600287 2024-12-31 SC600287 2024-01-01 2024-12-31 SC600287 frs-core:CurrentFinancialInstruments 2024-12-31 SC600287 frs-core:ComputerEquipment 2024-12-31 SC600287 frs-core:ComputerEquipment 2024-01-01 2024-12-31 SC600287 frs-core:ComputerEquipment 2023-12-31 SC600287 frs-core:FurnitureFittings 2024-12-31 SC600287 frs-core:FurnitureFittings 2024-01-01 2024-12-31 SC600287 frs-core:FurnitureFittings 2023-12-31 SC600287 frs-core:ShareCapital 2024-12-31 SC600287 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC600287 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC600287 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC600287 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC600287 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC600287 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC600287 frs-bus:Director1 2024-01-01 2024-12-31 SC600287 frs-bus:Director2 2024-01-01 2024-12-31 SC600287 frs-countries:Scotland 2024-01-01 2024-12-31 SC600287 2022-12-31 SC600287 2023-12-31 SC600287 2023-01-01 2023-12-31 SC600287 frs-core:CurrentFinancialInstruments 2023-12-31 SC600287 frs-core:ShareCapital 2023-12-31 SC600287 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: SC600287
Halwyn Capital Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Sense Accounting Limited
36 Bruntsfield Place
Edinburgh
EH10 4HJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC600287
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 333 1,086
333 1,086
CURRENT ASSETS
Debtors 5 26,845 10,889
Cash at bank and in hand 59,409 53,742
86,254 64,631
Creditors: Amounts Falling Due Within One Year 6 (15,771 ) (6,349 )
NET CURRENT ASSETS (LIABILITIES) 70,483 58,282
TOTAL ASSETS LESS CURRENT LIABILITIES 70,816 59,368
NET ASSETS 70,816 59,368
CAPITAL AND RESERVES
Called up share capital 7 55,000 55,000
Profit and Loss Account 15,816 4,368
SHAREHOLDERS' FUNDS 70,816 59,368
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For the year ending 31 December 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
Mr P Rose
Director
25 April 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
Halwyn Capital Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC600287 . The registered office is 8 Albany Street, Edinburgh, EH1 3QB.
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. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 20% straight line
Computer Equipment 3 years straight line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 1,010 5,054 6,064
As at 31 December 2024 1,010 5,054 6,064
Depreciation
As at 1 January 2024 568 4,410 4,978
Provided during the period 202 551 753
As at 31 December 2024 770 4,961 5,731
Net Book Value
As at 31 December 2024 240 93 333
As at 1 January 2024 442 644 1,086
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 9,575
Other debtors 26,845 1,314
26,845 10,889
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 12,917 5,895
Taxation and social security 2,854 454
15,771 6,349
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 55,000 55,000
8. Related Party Transactions
As at 31 December 2024, the amount owed to Mr P Rose and Mrs L Rose by the company was £417 (2023: £5,895).
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