Acorah Software Products - Accounts Production 16.3.350 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 06996908 Mrs Judy Harding Mr Aidan Treglown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06996908 2023-08-31 06996908 2024-08-31 06996908 2023-09-01 2024-08-31 06996908 frs-core:CurrentFinancialInstruments 2024-08-31 06996908 frs-core:Non-currentFinancialInstruments 2024-08-31 06996908 frs-core:BetweenOneFiveYears 2024-08-31 06996908 frs-core:ComputerEquipment 2024-08-31 06996908 frs-core:ComputerEquipment 2023-09-01 2024-08-31 06996908 frs-core:ComputerEquipment 2023-08-31 06996908 frs-core:MotorVehicles 2024-08-31 06996908 frs-core:MotorVehicles 2023-09-01 2024-08-31 06996908 frs-core:MotorVehicles 2023-08-31 06996908 frs-core:PlantMachinery 2024-08-31 06996908 frs-core:PlantMachinery 2023-09-01 2024-08-31 06996908 frs-core:PlantMachinery 2023-08-31 06996908 frs-core:WithinOneYear 2024-08-31 06996908 frs-core:OtherReservesSubtotal 2024-08-31 06996908 frs-core:ShareCapital 2024-08-31 06996908 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 06996908 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06996908 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 06996908 frs-bus:SmallEntities 2023-09-01 2024-08-31 06996908 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06996908 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06996908 frs-bus:Director1 2023-09-01 2024-08-31 06996908 frs-bus:Director2 2023-09-01 2024-08-31 06996908 frs-core:CurrentFinancialInstruments 3 2024-08-31 06996908 frs-countries:EnglandWales 2023-09-01 2024-08-31 06996908 2022-08-31 06996908 2023-08-31 06996908 2022-09-01 2023-08-31 06996908 frs-core:CurrentFinancialInstruments 2023-08-31 06996908 frs-core:Non-currentFinancialInstruments 2023-08-31 06996908 frs-core:BetweenOneFiveYears 2023-08-31 06996908 frs-core:WithinOneYear 2023-08-31 06996908 frs-core:OtherReservesSubtotal 2023-08-31 06996908 frs-core:ShareCapital 2023-08-31 06996908 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 06996908 frs-core:CurrentFinancialInstruments 3 2023-08-31
Registered number: 06996908
House Management Services Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Whyfield Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06996908
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 92,668 120,769
92,668 120,769
CURRENT ASSETS
Stocks 5 29,387 19,403
Debtors 6 222,974 210,626
Cash at bank and in hand 98,524 76,771
350,885 306,800
Creditors: Amounts Falling Due Within One Year 7 (695,071 ) (773,680 )
NET CURRENT ASSETS (LIABILITIES) (344,186 ) (466,880 )
TOTAL ASSETS LESS CURRENT LIABILITIES (251,518 ) (346,111 )
Creditors: Amounts Falling Due After More Than One Year 8 (25,479 ) (75,703 )
NET LIABILITIES (276,997 ) (421,814 )
CAPITAL AND RESERVES
Called up share capital 10 90 90
Other reserves 3 3
Profit and Loss Account (277,090 ) (421,907 )
SHAREHOLDERS' FUNDS (276,997) (421,814)
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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
Mrs Judy Harding
Director
13/05/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
House Management Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06996908 . The registered office is Ground Floor, Building A, Green Court, Truro Business Park, Threemilestone, Cornwall, TR4 9LF.
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, net of discounts and value added taxes. 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.
2.4. 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:
Plant & Machinery 20% RB
Motor Vehicles 25% RB
Computer Equipment 20% RB
2.5. 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.
2.6. 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.
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2.7. Taxation
Income 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 59 (2023: 74)
59 74
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 33,819 249,836 12,082 295,737
Additions 583 - 708 1,291
As at 31 August 2024 34,402 249,836 12,790 297,028
Depreciation
As at 1 September 2023 23,009 146,221 5,738 174,968
Provided during the period 2,220 25,903 1,269 29,392
As at 31 August 2024 25,229 172,124 7,007 204,360
Net Book Value
As at 31 August 2024 9,173 77,712 5,783 92,668
As at 1 September 2023 10,810 103,615 6,344 120,769
5. Stocks
2024 2023
£ £
Materials 29,387 19,403
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 195,875 133,600
Prepayments and accrued income 2,429 -
Other debtors - 24,795
Deferred tax current asset 24,670 44,084
Directors' loan accounts - 8,147
222,974 210,626
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 33,384 37,408
Trade creditors 742 -
Bank loans and overdrafts 29,604 32,444
Corporation tax - 24,795
Other taxes and social security 208,908 221,209
VAT 284,457 378,522
Earnings order payable 1,496 -
Accruals and deferred income 70,646 79,302
Directors' loan accounts 65,834 -
695,071 773,680
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 18,382 58,967
Bank loans 7,097 16,736
25,479 75,703
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 33,384 37,408
Later than one year and not later than five years 18,382 58,967
51,766 96,375
51,766 96,375
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 90 90
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