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 10930880 Mr Iancu BODEA Mrs Andreea BODEA iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10930880 2023-08-31 10930880 2024-08-31 10930880 2023-09-01 2024-08-31 10930880 frs-core:CurrentFinancialInstruments 2024-08-31 10930880 frs-core:ComputerEquipment 2024-08-31 10930880 frs-core:ComputerEquipment 2023-09-01 2024-08-31 10930880 frs-core:ComputerEquipment 2023-08-31 10930880 frs-core:PlantMachinery 2024-08-31 10930880 frs-core:PlantMachinery 2023-09-01 2024-08-31 10930880 frs-core:PlantMachinery 2023-08-31 10930880 frs-core:ShareCapital 2024-08-31 10930880 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10930880 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10930880 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 10930880 frs-bus:SmallEntities 2023-09-01 2024-08-31 10930880 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10930880 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10930880 frs-bus:Director1 2023-09-01 2024-08-31 10930880 frs-bus:Director1 2023-08-31 10930880 frs-bus:Director1 2024-08-31 10930880 frs-bus:Director2 2023-09-01 2024-08-31 10930880 frs-bus:Director2 2023-08-31 10930880 frs-bus:Director2 2024-08-31 10930880 frs-countries:EnglandWales 2023-09-01 2024-08-31 10930880 2022-08-31 10930880 2023-08-31 10930880 2022-09-01 2023-08-31 10930880 frs-core:CurrentFinancialInstruments 2023-08-31 10930880 frs-core:ShareCapital 2023-08-31 10930880 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 10930880
HERTFORD CONTRACTS LTD
Unaudited Financial Statements
For The Year Ended 31 August 2024
KALOMART & CO ACCOUNTANTS
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10930880
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 35,996 37,750
35,996 37,750
CURRENT ASSETS
Debtors 5 32,063 85,412
32,063 85,412
Creditors: Amounts Falling Due Within One Year 6 (31,058 ) (67,466 )
NET CURRENT ASSETS (LIABILITIES) 1,005 17,946
TOTAL ASSETS LESS CURRENT LIABILITIES 37,001 55,696
NET ASSETS 37,001 55,696
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 36,901 55,596
SHAREHOLDERS' FUNDS 37,001 55,696
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
Mr Iancu BODEA
Director
04/06/2025
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
HERTFORD CONTRACTS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10930880 . The registered office is 126 Luton Road, Luton, LU5 4JW.
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. 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% RBM
Computer Equipment 25% RBM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 61,616 9,701 71,317
Additions 11,571 1,207 12,778
Disposals (29,720 ) (287 ) (30,007 )
As at 31 August 2024 43,467 10,621 54,088
Depreciation
As at 1 September 2023 26,786 6,781 33,567
Provided during the period 1,860 1,624 3,484
Disposals (18,672 ) (287 ) (18,959 )
As at 31 August 2024 9,974 8,118 18,092
Net Book Value
As at 31 August 2024 33,493 2,503 35,996
As at 1 September 2023 34,830 2,920 37,750
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 45,071
Other debtors 32,063 40,341
32,063 85,412
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,255 1,973
Bank loans and overdrafts 19,231 22,285
Other creditors 9,572 14,982
Taxation and social security - 28,226
31,058 67,466
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Iancu BODEA 4,657 - 609 - 4,048
Mrs Andreea BODEA 6,675 - 1,926 - 4,749
The above loan is unsecured, interest free and repayable on demand.
Page 3