Acorah Software Products - Accounts Production 16.3.350 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 03774148 Mr Stephen Herrington iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03774148 2023-05-31 03774148 2024-05-31 03774148 2023-06-01 2024-05-31 03774148 frs-core:CurrentFinancialInstruments 2024-05-31 03774148 frs-core:ComputerEquipment 2024-05-31 03774148 frs-core:ComputerEquipment 2023-06-01 2024-05-31 03774148 frs-core:ComputerEquipment 2023-05-31 03774148 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-01 2024-05-31 03774148 frs-core:FurnitureFittings 2024-05-31 03774148 frs-core:FurnitureFittings 2023-06-01 2024-05-31 03774148 frs-core:FurnitureFittings 2023-05-31 03774148 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 03774148 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 03774148 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 03774148 frs-core:OtherResidualIntangibleAssets 2024-05-31 03774148 frs-core:OtherResidualIntangibleAssets 2023-05-31 03774148 frs-core:PlantMachinery 2024-05-31 03774148 frs-core:PlantMachinery 2023-06-01 2024-05-31 03774148 frs-core:PlantMachinery 2023-05-31 03774148 frs-core:OtherReservesSubtotal 2024-05-31 03774148 frs-core:ShareCapital 2024-05-31 03774148 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 03774148 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 03774148 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 03774148 frs-bus:SmallEntities 2023-06-01 2024-05-31 03774148 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 03774148 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 03774148 frs-bus:Director1 2023-06-01 2024-05-31 03774148 frs-bus:Director1 2023-05-31 03774148 frs-bus:Director1 2024-05-31 03774148 frs-countries:EnglandWales 2023-06-01 2024-05-31 03774148 2022-05-31 03774148 2023-05-31 03774148 2022-06-01 2023-05-31 03774148 frs-core:CurrentFinancialInstruments 2023-05-31 03774148 frs-core:OtherReservesSubtotal 2023-05-31 03774148 frs-core:ShareCapital 2023-05-31 03774148 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 03774148
S J Herrington Ltd.
Unaudited Financial Statements
For The Year Ended 31 May 2024
LR Accountancy & Business Services Ltd
Suite 76, 2 Cromar Way
Chelmsford
Essex
CM1 2QE
S J Herrington Ltd.
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—4

Page 1
S J Herrington Ltd.
Balance Sheet
As At 31 May 2024
Balance Sheet
Registered number: 03774148

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 12,666 |  | 12,666
Tangible Assets | 5 |  | 970,841 |  | 971,651
|  |  | 983,507 |  | 984,317
CURRENT ASSETS
Debtors | 6 | 103,089 |  | 27,550 |
Cash at bank and in hand |  | 414,661 |  | 604,545 |
|  | 517,750 |  | 632,095 |
Creditors: Amounts Falling Due Within One Year | 7 | (25,430 ) |  | (122,347 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 492,320 |  | 509,748
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,475,827 |  | 1,494,065
NET ASSETS |  |  | 1,475,827 |  | 1,494,065
CAPITAL AND RESERVES
Called up share capital | 8 |  | 2 |  | 2
Other reserves |  |  | 1,068,142 |  | 1,068,142
Profit and Loss Account |  |  | 407,683 |  | 425,921
SHAREHOLDERS' FUNDS |  |  | 1,475,827 |  | 1,494,065

For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Stephen Herrington Director
26 May 2025

The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
S J Herrington Ltd.
Notes to the Financial Statements
For The Year Ended 31 May 2024
Notes to the Financial Statements
1. General Information
S J Herrington Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 03774148 . The registered office is Suite 76, 2 Cromar Way, Chelmsford, Essex, CM1 2QE.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are a personalised number plate. It is amortised to profit and loss account over its estimated economic life of 10 years.
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:

Freehold | 0%
Plant & Machinery | 25% RB
Fixtures & Fittings | 20% RB
Computer Equipment | 25% RB

2.5. 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.
Page 2
Page 3
S J Herrington Ltd.
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2024
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 June 2023 | 15,832
As at 31 May 2024 | 15,832
Amortisation
As at 1 June 2023 | 3,166
As at 31 May 2024 | 3,166
Net Book Value
As at 31 May 2024 | 12,666
As at 1 June 2023 | 12,666

5. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 June 2023 | 968,000 | 2,742 | 3,958 | 2,246 | 976,946
As at 31 May 2024 | 968,000 | 2,742 | 3,958 | 2,246 | 976,946
Depreciation
As at 1 June 2023 | - | 1,129 | 1,921 | 2,245 | 5,295
Provided during the period | - | 403 | 407 | - | 810
As at 31 May 2024 | - | 1,532 | 2,328 | 2,245 | 6,105
Net Book Value
As at 31 May 2024 | 968,000 | 1,210 | 1,630 | 1 | 970,841
As at 1 June 2023 | 968,000 | 1,613 | 2,037 | 1 | 971,651

6. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 11,148 |  | 27,550
Director's loan account | 91,941 |  | -
| 103,089 |  | 27,550

Page 3
Page 4
S J Herrington Ltd.
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2024
7. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 8,896 |  | 15,303
Corporation tax | - |  | 42,438
Other taxes and social security | 780 |  | 3,206
VAT | 7,715 |  | 7,781
Other creditors | 4,379 |  | 1,859
Accruals and deferred income | 3,660 |  | 1,500
Director's loan account | - |  | 50,260
| 25,430 |  | 122,347

8. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 June 2023 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 May 2024
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Stephen Herrington | (50,000 ) | 179,000 | 37,058 | - | 91,942

The above loan is unsecured, interest free and repayable on demand.
Page 4