Acorah Software Products - Accounts Production 16.3.350 false true true 30 December 2023 1 January 2023 false 14 May 2025 31 December 2023 28 December 2024 28 December 2024 05446501 Mrs Hillary Graves-Brown Mr Dean Brown Mr Richard Marris true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05446501 2023-12-30 05446501 2024-12-28 05446501 2023-12-31 2024-12-28 05446501 frs-core:CurrentFinancialInstruments 2024-12-28 05446501 frs-core:Non-currentFinancialInstruments 2024-12-28 05446501 frs-core:BetweenOneFiveYears 2024-12-28 05446501 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-28 05446501 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-30 05446501 frs-core:FurnitureFittings 2024-12-28 05446501 frs-core:FurnitureFittings 2023-12-31 2024-12-28 05446501 frs-core:FurnitureFittings 2023-12-30 05446501 frs-core:MoreThanFiveYears 2024-12-28 05446501 frs-core:PlantMachinery 2024-12-28 05446501 frs-core:PlantMachinery 2023-12-31 2024-12-28 05446501 frs-core:PlantMachinery 2023-12-30 05446501 frs-core:WithinOneYear 2024-12-28 05446501 frs-core:SharePremium 2024-12-28 05446501 frs-core:ShareCapital 2024-12-28 05446501 frs-core:RetainedEarningsAccumulatedLosses 2024-12-28 05446501 frs-bus:PrivateLimitedCompanyLtd 2023-12-31 2024-12-28 05446501 frs-bus:FilletedAccounts 2023-12-31 2024-12-28 05446501 frs-bus:SmallEntities 2023-12-31 2024-12-28 05446501 frs-bus:Audited 2023-12-31 2024-12-28 05446501 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-31 2024-12-28 05446501 1 2023-12-31 2024-12-28 05446501 frs-bus:Director1 2023-12-31 2024-12-28 05446501 frs-bus:Director2 2023-12-31 2024-12-28 05446501 frs-bus:Director3 2023-12-31 2024-12-28 05446501 frs-countries:EnglandWales 2023-12-31 2024-12-28 05446501 2022-12-31 05446501 2023-12-30 05446501 2023-01-01 2023-12-30 05446501 frs-core:CurrentFinancialInstruments 2023-12-30 05446501 frs-core:Non-currentFinancialInstruments 2023-12-30 05446501 frs-core:BetweenOneFiveYears 2023-12-30 05446501 frs-core:MoreThanFiveYears 2023-12-30 05446501 frs-core:WithinOneYear 2023-12-30 05446501 frs-core:SharePremium 2023-12-30 05446501 frs-core:ShareCapital 2023-12-30 05446501 frs-core:RetainedEarningsAccumulatedLosses 2023-12-30
Registered number: 05446501
Healthy Kids Limited
Financial Statements
For the Period 31 December 2023 to 28 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—6
Page 1
Balance Sheet
Registered number: 05446501
28 December 2024 30 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,883 23,705
17,883 23,705
CURRENT ASSETS
Stocks 5 181,389 79,870
Debtors 6 3,063,923 2,294,067
3,245,312 2,373,937
Creditors: Amounts Falling Due Within One Year 7 (2,850,511 ) (2,095,460 )
NET CURRENT ASSETS (LIABILITIES) 394,801 278,477
TOTAL ASSETS LESS CURRENT LIABILITIES 412,684 302,182
Creditors: Amounts Falling Due After More Than One Year 8 (4,384 ) (14,962 )
NET ASSETS 408,300 287,220
CAPITAL AND RESERVES
Called up share capital 9 6,716 6,716
Share premium account 5,214,253 5,214,253
Profit and Loss Account (4,812,669 ) (4,933,749 )
SHAREHOLDERS' FUNDS 408,300 287,220
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.
Company registration number 05446501
The financial statements were approved by the board of directors on 13 May 2025 and were signed on its behalf by:
Mr Dean Brown
Director
13/05/2025
The notes on pages 2 to 6 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 
Functional and presentational currency
The company's functional currency is Sterling, as this is the currency of the primary economic environment of that which the company operates. The financial statements are presented in Sterling.
Healthy Kids Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05446501 . The registered office is Timsons Business Centre, Bath Road, Kettering, Northamptonshire, NN16 8NQ.
Principal Activity
The principal activity of the entity is the provision of fresh kids meals.
1.2. Going Concern Disclosure
The Directors have formed a judgement at the time of approving the financial statements that the Company has adequate resources available to continue operating for at least 12 months and conclude that there are no material uncertainties relating to events or conditions that may cast doubt over the ability of the Company to continue as a going concern. The Company has prepared several cashflow forecasts detailing multiple scenarios which has led the Directors to this judgement. 
1.3. Turnover
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Sale of goods
Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
  • the company has transferred the signirficant risks and rewards of ownership to the buyer,
  • the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold,
  • the amount of revenue can be measured reliably, 
  • it is probable that the company will receive the consideration due under the transaction, and
  • the costs incurred or to be incurred in respect of the transaction can be measured reliably 
1.4. 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 33% straight line
Fixtures & Fittings 20% and 33% straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting period.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
1.5. Stocks and Work in Progress
Stocks 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. 
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1.6. Financial Instruments
Financial assets carried at amortised cost
Financial assets are recognised on the balance sheet when, and only when, the Company becomes a party to the contractual provisions of the instrument.
Finanical assets are initially recognised at fair value plus directly attributable transaction costs.
Financial assets carried at amortised cost are classified as loans and receivables and comprise trade and other receivables and cash and cash equivalents. Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market.
After initial recognition, loans and receivables are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
If there is objective evidence that there is an impairment loss on loans and receivables, the amount of the loss is measured as the difference between the asset's carrying amount and the present value of estimated future cash flows discounted at the financial asset's original effective interest rate (i.e. the effective interest rate computed at initial recognition). The carrying amount of the asset is reduced either directly or through use of an allowance account.
A finanical asset is derecognised when the contractual rights to the cash flows from the financial asset expire, or when the financial asset and all substantial risks and rewards are transferred.
These financial liabilities include trade and other payables and interest bearing loans and borrowings.
Financial liabilities are initially recognised at fair value adjusted for any attributable transaction costs.
After initial recognition, finanical liabilities are measured at amortised cost using the effetive interest method, with interest-related charges recognised as an expense in finance costs. Discounting is omitted where the effect of discounting is immaterial.
A financial liability is derecognised only when the contractual obligation is extinguished, that is, when the obligation is discharged, cancelled or expires.
1.7. 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.
1.8. 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 profit and loss account 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.
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 assets 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 and loss account, 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.
1.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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1.10. Judgments in applying accounting policies and key sources of estimation uncertainty
The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The entity offers discounts and rebates to its customers based on sales volume. These costs are estimated and accrued for at the time of sale. The directors confirm there are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
1.11. Equity and reserves
Share capital represents the nominal value of shares that have been issued.
Share premium represents the premium value of shares that have been issued.
Retained earnings include all current and prior period retained profits.
1.12. Registrar Filing Requirements
Share capital represents the nominal value of shares that have been issued.
Retained earnings include all current and prior period retained profits.
2. Average Number of Employees
Average number of employees, including directors, during the period was: 14 (2023: 10)
14 10
3. Intangible Assets
Development Costs
£
Cost
As at 31 December 2023 3,795
As at 28 December 2024 3,795
Amortisation
As at 31 December 2023 3,795
As at 28 December 2024 3,795
Net Book Value
As at 28 December 2024 -
As at 31 December 2023 -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 31 December 2023 48,561 130,319 178,880
Additions 6,636 - 6,636
As at 28 December 2024 55,197 130,319 185,516
Depreciation
As at 31 December 2023 47,187 107,988 155,175
Provided during the period 4,173 8,285 12,458
As at 28 December 2024 51,360 116,273 167,633
Net Book Value
As at 28 December 2024 3,837 14,046 17,883
As at 31 December 2023 1,374 22,331 23,705
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5. Stocks
28 December 2024 30 December 2023
£ £
Finished goods 181,389 79,870
There are no stock provisions included in the figures for 2024 or 2023.
6. Debtors
28 December 2024 30 December 2023
£ £
Due within one year
Trade debtors 2,038,200 1,594,095
Prepayments and accrued income 476,332 291,985
Other debtors 112,770 50,404
Amounts owed by group undertakings 436,621 357,583
3,063,923 2,294,067
The amounts owed by group companies are interest free and have no set repayment terms, being repayable on demand.
7. Creditors: Amounts Falling Due Within One Year
28 December 2024 30 December 2023
£ £
Trade creditors 1,461,033 1,177,590
Bank loans and overdrafts 591,360 382,864
Other creditors 735,562 507,456
Taxation and social security 62,556 27,550
2,850,511 2,095,460
The company owes £14,790 (2023: £24,962) under the Bounce Back Loan Scheme (BBLS) scheme, of which £10,405 falls due within one year.
HSBC hold a debenture secured over assets of the company with regards to the bank facility in place.
8. Creditors: Amounts Falling Due After More Than One Year
28 December 2024 30 December 2023
£ £
Bank loans 4,384 14,962
The company owes £14,790 (2023 : £24,962) under the Bounce Back Loan Scheme (BBLS) scheme, of which £4,384 falls due after more than one year. The interest rate for the loan is 2.5%.
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9. Share Capital
28 December 2024 30 December 2023
£ £
Allotted, Called up and fully paid 6,716 6,716
621,728 A Ordinary £0.01 shares, 20,675 B Ordinary £0.01 shares, 6,876 C Ordinary £0.01 shares, 22,314 E Preferred Ordinary £0.01 shares
All shares have equivalent rights including voting rights
10. Other Commitments
At the reporting date the company had outstanding commitments for future minimum lease payments under operating leases, as follows:
28 December 2024 30 December 2023
£ £
Not later than one year 84,419 84,419
Later than one year and not later than five years 337,678 337,678
Later than five years 413,572 506,517
835,669 928,614
This represents a new 11 year lease over the offices of the company.
11. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £17,405 (2023: £18,610). At the balance sheet date unpaid contributions of £6,045 (2023: £3,479) were due to the fund. They are included in Other Creditors.
12. Related Party Transactions
The company has taken advantage of the disclosure exemptions available in FRS 102 section 33.1A not to disclose transactions between two or more members of a group where the party to the transaction is a wholly owned subsidiary.
13. Exceptional Items
The company had other exceptional income in the year of £48,082. This relates to a receipt of Research and Development credit, and a historical tax rebate.
14. Ultimate Controlling Party
The company's immediate and ultimate controlling party is Little Dish Holdings Limited by virtue of its ownership of 100% of the issued share capital in the company. 
15. Audit Information
The auditor's report on the accounts of Healthy Kids Limited for the period ended 28 December 2024 was unqualified.
The auditor's report was signed by Nicholas John Bairstow (Senior Statutory Auditor) for and on behalf of Moore , Statutory Auditor.
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