Acorah Software Products - Accounts Production 16.3.350 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08843742 Miss Lara Myall Mr Martin Robertson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08843742 2023-03-31 08843742 2024-03-31 08843742 2023-04-01 2024-03-31 08843742 frs-core:CurrentFinancialInstruments 2024-03-31 08843742 frs-core:FurnitureFittings 2024-03-31 08843742 frs-core:FurnitureFittings 2023-04-01 2024-03-31 08843742 frs-core:FurnitureFittings 2023-03-31 08843742 frs-core:ShareCapital 2024-03-31 08843742 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08843742 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08843742 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08843742 frs-bus:SmallEntities 2023-04-01 2024-03-31 08843742 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08843742 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08843742 frs-bus:Director1 2023-04-01 2024-03-31 08843742 frs-bus:Director1 2023-03-31 08843742 frs-bus:Director1 2024-03-31 08843742 frs-bus:Director2 2023-04-01 2024-03-31 08843742 frs-countries:EnglandWales 2023-04-01 2024-03-31 08843742 2022-03-31 08843742 2023-03-31 08843742 2022-04-01 2023-03-31 08843742 frs-core:CurrentFinancialInstruments 2023-03-31 08843742 frs-core:ShareCapital 2023-03-31 08843742 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08843742
House of Hiero Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08843742
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1 1
1 1
CURRENT ASSETS
Debtors 5 5,502 -
5,502 -
Creditors: Amounts Falling Due Within One Year 6 (5,328 ) (31 )
NET CURRENT ASSETS (LIABILITIES) 174 (31 )
TOTAL ASSETS LESS CURRENT LIABILITIES 175 (30 )
NET ASSETS/(LIABILITIES) 175 (30 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 173 (32 )
SHAREHOLDERS' FUNDS 175 (30)
For the year ending 31 March 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
Miss Lara Myall
Director
27/04/2025
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
House of Hiero Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08843742 . The registered office is 45a Harlesden Gardens, London, NW10 4EY.
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.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the rendering of services.
2.4. 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 25% straight line
2.5. Financial Instruments
The company has only basic financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities

Basic financial liabilities, which include creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transactions.
2.6. Taxation
Corporation 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 2 2
2 2
Page 2
Page 3
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2023 1,718
As at 31 March 2024 1,718
Depreciation
As at 1 April 2023 1,717
As at 31 March 2024 1,717
Net Book Value
As at 31 March 2024 1
As at 1 April 2023 1
5. Debtors
2024 2023
£ £
Due within one year
Corporation tax recoverable assets 1,388 -
Directors' loan accounts 4,114 -
5,502 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 4,955 27
Accruals and deferred income 373 -
Directors' loan accounts - 4
5,328 31
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Miss Lara Myall (4 ) 19,118 (15,000 ) - 4,114
The above loan is unsecured  and repayable on demand. Interest is charged at the rate of 2.25% per annum.
Page 3