Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09415447 Mr Christopher Hayes Mrs Joanne Hayes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09415447 2024-03-31 09415447 2025-03-31 09415447 2024-04-01 2025-03-31 09415447 frs-core:CurrentFinancialInstruments 2025-03-31 09415447 frs-core:PlantMachinery 2025-03-31 09415447 frs-core:PlantMachinery 2024-04-01 2025-03-31 09415447 frs-core:PlantMachinery 2024-03-31 09415447 frs-core:ShareCapital 2025-03-31 09415447 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09415447 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09415447 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09415447 frs-bus:SmallEntities 2024-04-01 2025-03-31 09415447 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09415447 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09415447 frs-core:AcceleratedTaxDepreciationDeferredTax 2025-03-31 09415447 frs-bus:Director1 2024-04-01 2025-03-31 09415447 frs-bus:Director1 2024-03-31 09415447 frs-bus:Director1 2025-03-31 09415447 frs-bus:Director2 2024-04-01 2025-03-31 09415447 frs-bus:Director2 2024-03-31 09415447 frs-bus:Director2 2025-03-31 09415447 frs-countries:EnglandWales 2024-04-01 2025-03-31 09415447 2023-03-31 09415447 2024-03-31 09415447 2023-04-01 2024-03-31 09415447 frs-core:CurrentFinancialInstruments 2024-03-31 09415447 frs-core:ShareCapital 2024-03-31 09415447 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09415447 frs-core:AcceleratedTaxDepreciationDeferredTax 2024-03-31
Registered number: 09415447
C J Hayes Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Beach Accountants Limited
Chartered Certified Accountants
10 Blue Sky Way
Monkton Business Park South
Hebburn
South Tyneside
NE31 2EQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09415447
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,051 2,564
2,051 2,564
CURRENT ASSETS
Debtors 5 9,073 16,919
Cash at bank and in hand 47,249 57,068
56,322 73,987
Creditors: Amounts Falling Due Within One Year 6 (20,723 ) (27,026 )
NET CURRENT ASSETS (LIABILITIES) 35,599 46,961
TOTAL ASSETS LESS CURRENT LIABILITIES 37,650 49,525
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (513 ) (641 )
NET ASSETS 37,137 48,884
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 37,127 48,874
SHAREHOLDERS' FUNDS 37,137 48,884
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For the year ending 31 March 2025 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 Christopher Hayes
Director
23/05/2025
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
C J Hayes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09415447 . The registered office is 5 Westminster Oval, Stockton-On-Tees, TS20 1UU.
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.
The financial statements are prepared in sterling, which is the functional currency of the entity.
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. 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% Reducing Balance
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 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.
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2.5. Functional and reporting currency
The functional and reporting currency of the company is Pounds Sterling (£), which is the currency of the primary economic environment in which the company operates.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 4,199
As at 31 March 2025 4,199
Depreciation
As at 1 April 2024 1,635
Provided during the period 513
As at 31 March 2025 2,148
Net Book Value
As at 31 March 2025 2,051
As at 1 April 2024 2,564
5. Debtors
2025 2024
£ £
Due within one year
Directors' loan accounts 9,073 16,919
Director's loans are interest free and repayable on demand.
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 13,805 20,010
PAYE 627 629
VAT 6,180 6,285
Accruals and deferred income 111 102
20,723 27,026
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Accelerated capital allowances 513 641
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Christopher Hayes 8,459 2,207 6,130 - 4,536
Mrs Joanne Hayes 8,459 2,207 6,130 - 4,536
The above loan is unsecured, interest free and repayable on demand.
The above loan will be repaid within 9 months of the year end by means of a dividend.
Dividends paid to directors
2025 2024
£ £
Mr Christopher Hayes 31,960 23,767
Mrs Joanne Hayes 31,960 23,767
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