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 12786304 Mr Aaron Henriques iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12786304 2023-08-31 12786304 2024-08-31 12786304 2023-09-01 2024-08-31 12786304 frs-core:CurrentFinancialInstruments 2024-08-31 12786304 frs-core:ShareCapital 2024-08-31 12786304 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12786304 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12786304 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12786304 frs-bus:SmallEntities 2023-09-01 2024-08-31 12786304 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12786304 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12786304 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 12786304 frs-bus:OrdinaryShareClass1 2024-08-31 12786304 frs-bus:Director1 2023-09-01 2024-08-31 12786304 frs-countries:EnglandWales 2023-09-01 2024-08-31 12786304 2022-08-31 12786304 2023-08-31 12786304 2022-09-01 2023-08-31 12786304 frs-core:CurrentFinancialInstruments 2023-08-31 12786304 frs-core:ShareCapital 2023-08-31 12786304 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 12786304 frs-bus:OrdinaryShareClass1 2022-09-01 2023-08-31
Registered number: 12786304
Handlr Ventures Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12786304
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 36,000 32,928
Cash at bank and in hand 276 292
36,276 33,220
Creditors: Amounts Falling Due Within One Year 5 (35,426 ) (32,881 )
NET CURRENT ASSETS (LIABILITIES) 850 339
TOTAL ASSETS LESS CURRENT LIABILITIES 850 339
NET ASSETS 850 339
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 750 239
SHAREHOLDERS' FUNDS 850 339
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 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 Aaron Henriques
Director
28th May 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Handlr Ventures Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12786304 . The registered office is 82 Wandsworth Bridge Road, London, SW6 2TF.
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 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.
2.3. 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.
2.4. 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 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 reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 1 (2023: 1)
1 1
Page 2
Page 3
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 16,000 24,595
Prepayments and accrued income 20,000 8,333
36,000 32,928
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 3,244
Corporation tax 7,016 4,961
Accruals and deferred income 10,775 1,440
Director's loan account 17,635 23,236
35,426 32,881
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100,000 Ordinary Shares of £ 0.001 each 100 100
7. Related Party Transactions
Henray Capital LtdMr Henriques had a significant interest in Henray Capital LtdThe company charged services during the year to Henray Capital Ltd amounting to £20,083. The balance owed by Henray Capital Ltd at 31 August 2024 amounted to £6,000 (2023: £Nil)

Henray Capital Ltd

Mr Henriques had a significant interest in Henray Capital Ltd

The company charged services during the year to Henray Capital Ltd amounting to £20,083. The balance owed by Henray Capital Ltd at 31 August 2024 amounted to £6,000 (2023: £Nil)

Maid2Clean NEL LtdMr Henriques had a significant interest in Maid2Clean NEL LtdThe company charged consultancy services to Maid2Clean NEL Ltd during the year amounting to £20,000. The balance owed by Maid2Clean NEL Ltd at the year end amounted to £30,000 (2023: £24,595)

Maid2Clean NEL Ltd

Mr Henriques had a significant interest in Maid2Clean NEL Ltd

The company charged consultancy services to Maid2Clean NEL Ltd during the year amounting to £20,000. The balance owed by Maid2Clean NEL Ltd at the year end amounted to £30,000 (2023: £24,595)

Mr Aaron HenriquesDirector and shareholderA Henriques has a current account with the company which is interest free with no fixed date for repayment. At the year end the balance owed to A Henriques amounted to £17,635 (2023: £23,236).

Mr Aaron Henriques

Director and shareholder

A Henriques has a current account with the company which is interest free with no fixed date for repayment. At the year end the balance owed to A Henriques amounted to £17,635 (2023: £23,236).

Page 3