Acorah Software Products - Accounts Production 16.3.350 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 09496005 Mr Edward Mcmahon Mrs Rachel Mcmahon Mrs Rachel Mcmahon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09496005 2024-02-29 09496005 2025-02-28 09496005 2024-03-01 2025-02-28 09496005 frs-core:CurrentFinancialInstruments 2025-02-28 09496005 frs-core:Non-currentFinancialInstruments 2025-02-28 09496005 frs-core:FurnitureFittings 2025-02-28 09496005 frs-core:FurnitureFittings 2024-03-01 2025-02-28 09496005 frs-core:FurnitureFittings 2024-02-29 09496005 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 09496005 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 09496005 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 09496005 frs-core:MotorVehicles 2025-02-28 09496005 frs-core:MotorVehicles 2024-03-01 2025-02-28 09496005 frs-core:MotorVehicles 2024-02-29 09496005 frs-core:PlantMachinery 2025-02-28 09496005 frs-core:PlantMachinery 2024-03-01 2025-02-28 09496005 frs-core:PlantMachinery 2024-02-29 09496005 frs-core:ShareCapital 2025-02-28 09496005 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 09496005 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 09496005 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 09496005 frs-bus:SmallEntities 2024-03-01 2025-02-28 09496005 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 09496005 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 09496005 frs-bus:Director1 2024-03-01 2025-02-28 09496005 frs-bus:Director2 2024-03-01 2025-02-28 09496005 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 09496005 frs-countries:EnglandWales 2024-03-01 2025-02-28 09496005 2023-02-28 09496005 2024-02-29 09496005 2023-03-01 2024-02-29 09496005 frs-core:CurrentFinancialInstruments 2024-02-29 09496005 frs-core:Non-currentFinancialInstruments 2024-02-29 09496005 frs-core:ShareCapital 2024-02-29 09496005 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 09496005
Horsley Brook Farms Ltd
Financial Statements
For The Year Ended 28 February 2025
Hames Partnership Limited
Chartered Institute of Management Accountants (CIMA)
Stables End Court
Main Street
Market Bosworth
Warwickshire
CV13 0JN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09496005
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,417,334 2,536,192
2,417,334 2,536,192
CURRENT ASSETS
Stocks 5 4,995 5,000
Debtors 6 110,745 194,446
Cash at bank and in hand 44,361 1,725
160,101 201,171
Creditors: Amounts Falling Due Within One Year 7 (1,874,090 ) (1,621,015 )
NET CURRENT ASSETS (LIABILITIES) (1,713,989 ) (1,419,844 )
TOTAL ASSETS LESS CURRENT LIABILITIES 703,345 1,116,348
Creditors: Amounts Falling Due After More Than One Year 8 - (627,356 )
NET ASSETS 703,345 488,992
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 703,245 488,892
SHAREHOLDERS' FUNDS 703,345 488,992
Page 1
Page 2
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 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 Rachel Mcmahon
Director
17/03/2025
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
Horsley Brook Farms Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09496005 . The registered office is Stables End Court, Main Street, Market Bosworth, Warwickshire, CV13 0JN.
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:
Freehold 2% Straight line
Plant & Machinery 10% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 20% Reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 3)
2 3
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 March 2024 1,972,559 1,357,840 27,800 5,351 3,363,550
Additions - 2,406 - 834 3,240
Disposals - - - (669 ) (669 )
As at 28 February 2025 1,972,559 1,360,246 27,800 5,516 3,366,121
Depreciation
As at 1 March 2024 231,429 581,118 12,163 2,648 827,358
Provided during the period 39,453 77,915 3,909 681 121,958
Disposals - - - (529 ) (529 )
As at 28 February 2025 270,882 659,033 16,072 2,800 948,787
Net Book Value
As at 28 February 2025 1,701,677 701,213 11,728 2,716 2,417,334
As at 1 March 2024 1,741,130 776,722 15,637 2,703 2,536,192
5. Stocks
2025 2024
£ £
Stock 4,995 5,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 68,892 158,984
Prepayments and accrued income 9,817 9,959
Trade creditors debit balance 2,773 -
VAT 29,263 25,503
110,745 194,446
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 10,412 54,929
Bank loans and overdrafts - 145,975
Accruals and deferred income 40,092 30,352
Directors' loan accounts 1,823,586 1,389,759
1,874,090 1,621,015
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Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 627,356
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5