Acorah Software Products - Accounts Production 16.2.850 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 NI622324 Mr Stephen John Honey Mrs Ann Honey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI622324 2024-01-31 NI622324 2025-01-31 NI622324 2024-02-01 2025-01-31 NI622324 frs-core:CurrentFinancialInstruments 2025-01-31 NI622324 frs-core:Non-currentFinancialInstruments 2025-01-31 NI622324 frs-core:ComputerEquipment 2025-01-31 NI622324 frs-core:ComputerEquipment 2024-02-01 2025-01-31 NI622324 frs-core:ComputerEquipment 2024-01-31 NI622324 frs-core:FurnitureFittings 2025-01-31 NI622324 frs-core:FurnitureFittings 2024-02-01 2025-01-31 NI622324 frs-core:FurnitureFittings 2024-01-31 NI622324 frs-core:ShareCapital 2025-01-31 NI622324 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 NI622324 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 NI622324 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 NI622324 frs-bus:SmallEntities 2024-02-01 2025-01-31 NI622324 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 NI622324 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 NI622324 frs-bus:Director1 2024-02-01 2025-01-31 NI622324 frs-bus:Director2 2024-02-01 2025-01-31 NI622324 frs-countries:NorthernIreland 2024-02-01 2025-01-31 NI622324 2023-01-31 NI622324 2024-01-31 NI622324 2023-02-01 2024-01-31 NI622324 frs-core:CurrentFinancialInstruments 2024-01-31 NI622324 frs-core:Non-currentFinancialInstruments 2024-01-31 NI622324 frs-core:ShareCapital 2024-01-31 NI622324 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: NI622324
H A Homes Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI622324
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,538 636
Investment Properties 5 94,879 94,879
97,417 95,515
CURRENT ASSETS
Debtors 6 637 2
Cash at bank and in hand 483 12,148
1,120 12,150
Creditors: Amounts Falling Due Within One Year 7 (34 ) (7,464 )
NET CURRENT ASSETS (LIABILITIES) 1,086 4,686
TOTAL ASSETS LESS CURRENT LIABILITIES 98,503 100,201
Creditors: Amounts Falling Due After More Than One Year 8 (36,968 ) (36,564 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (121 )
NET ASSETS 61,535 63,516
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 61,533 63,514
SHAREHOLDERS' FUNDS 61,535 63,516
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Page 2
For the year ending 31 January 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
Mrs Ann Honey
Director
11/06/2025
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
H A Homes Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI622324 . The registered office is Unit 832, Moat House Business Centre, 54 Bloomfield Avenue, Belfast, BT5 5AD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statement have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Going concern
These financial statements are prepared on a going concern basis. The Directors have every expectation that the company will continue in operational existence for the foreseeable future and meet its liabilities as they fall due.
Thus the Directors consider it appropriate to prepare these financial statements on a going concern basis."
Cash at bank and in hand
Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are showing within borrowings in current liabilities.
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.
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:
Fixtures & Fittings 20
Computer Equipment 33
2.4. Investment Properties
Fair Value Note
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.
Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.
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 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 February 2024 2,838 475 3,313
Additions 2,560 - 2,560
As at 31 January 2025 5,398 475 5,873
Depreciation
As at 1 February 2024 2,676 1 2,677
Provided during the period 499 159 658
As at 31 January 2025 3,175 160 3,335
Net Book Value
As at 31 January 2025 2,223 315 2,538
As at 1 February 2024 162 474 636
Cost or valuation as at 31 January 2025 represented by:
Fixtures & Fittings Computer Equipment Total
£ £ £
At cost 5,398 475 5,873
5,398 475 5,873
5. Investment Property
2025
£
Fair Value
As at 1 February 2024 and 31 January 2025 94,879
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 637 2
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other taxes and social security - 7,451
Accruals and deferred income 34 13
34 7,464
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 36,968 36,564
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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