Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 7756823 Mrs Charlotte Harkness Mr James Harkness its directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 7756823 2023-08-31 7756823 2024-08-31 7756823 2023-09-01 2024-08-31 7756823 frs-core:CurrentFinancialInstruments 2024-08-31 7756823 frs-core:ComputerEquipment 2024-08-31 7756823 frs-core:ComputerEquipment 2023-09-01 2024-08-31 7756823 frs-core:ComputerEquipment 2023-08-31 7756823 frs-core:ShareCapital 2024-08-31 7756823 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 7756823 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 7756823 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 7756823 frs-bus:SmallEntities 2023-09-01 2024-08-31 7756823 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 7756823 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 7756823 1 2023-09-01 2024-08-31 7756823 frs-bus:Director1 2023-09-01 2024-08-31 7756823 frs-bus:Director1 2023-08-31 7756823 frs-bus:Director1 2024-08-31 7756823 frs-bus:Director2 2023-09-01 2024-08-31 7756823 frs-countries:EnglandWales 2023-09-01 2024-08-31 7756823 2022-08-31 7756823 2023-08-31 7756823 2022-09-01 2023-08-31 7756823 frs-core:CurrentFinancialInstruments 2023-08-31 7756823 frs-core:ShareCapital 2023-08-31 7756823 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 7756823
Hempton Limited
Financial Statements
For The Year Ended 31 August 2024
Applewood LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 7756823
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 614
- 614
CURRENT ASSETS
Debtors 5 183 9,306
Cash at bank and in hand 28,196 28,300
28,379 37,606
Creditors: Amounts Falling Due Within One Year 6 (6,047 ) (7,244 )
NET CURRENT ASSETS (LIABILITIES) 22,332 30,362
TOTAL ASSETS LESS CURRENT LIABILITIES 22,332 30,976
PROVISIONS FOR LIABILITIES
Deferred Taxation - (117 )
NET ASSETS 22,332 30,859
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 22,232 30,759
SHAREHOLDERS' FUNDS 22,332 30,859
Page 1
Page 2
For the year ending 31 August 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 James Harkness
Director
02/12/2024
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
Hempton Limited is a private company, limited by shares, incorporated in England & Wales, registered number 7756823 . The registered office is Pound Hall, The Green, Long Melford, Suffolk, CO10 9DX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Computer Equipment 50% straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 1,227
As at 31 August 2024 1,227
Depreciation
As at 1 September 2023 613
Provided during the period 614
As at 31 August 2024 1,227
...CONTINUED
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Net Book Value
As at 31 August 2024 -
As at 1 September 2023 614
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 9,134
Prepayments and accrued income 183 172
183 9,306
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,250 381
Corporation tax 1,070 1,738
Other taxes and social security 152 -
VAT 1,965 3,402
Accruals and deferred income 1,610 1,723
6,047 7,244
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr James Harkness - 10,000 10,000 - -
The above loans are unsecured, interest free and repayable on demand.
9. Ultimate Controlling Party
The company's ultimate controlling party is its directors by virtue of their ownership of 100% of the issued share capital in the company.
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