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 02447523 Mr C Hartley Mr N Hartley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02447523 2024-03-31 02447523 2025-03-31 02447523 2024-04-01 2025-03-31 02447523 frs-core:CurrentFinancialInstruments 2025-03-31 02447523 frs-core:FurnitureFittings 2025-03-31 02447523 frs-core:FurnitureFittings 2024-04-01 2025-03-31 02447523 frs-core:FurnitureFittings 2024-03-31 02447523 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 02447523 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 02447523 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02447523 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 02447523 frs-core:MotorVehicles 2025-03-31 02447523 frs-core:MotorVehicles 2024-04-01 2025-03-31 02447523 frs-core:MotorVehicles 2024-03-31 02447523 frs-core:PlantMachinery 2025-03-31 02447523 frs-core:PlantMachinery 2024-04-01 2025-03-31 02447523 frs-core:PlantMachinery 2024-03-31 02447523 frs-core:ShareCapital 2025-03-31 02447523 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 02447523 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02447523 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 02447523 frs-bus:SmallEntities 2024-04-01 2025-03-31 02447523 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02447523 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02447523 frs-core:ListedExchangeTraded 2025-03-31 02447523 frs-core:ListedExchangeTraded 2024-03-31 02447523 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-03-31 02447523 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2025-03-31 02447523 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2025-03-31 02447523 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-03-31 02447523 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-03-31 02447523 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-03-31 02447523 frs-bus:Director1 2024-04-01 2025-03-31 02447523 frs-bus:Director2 2024-04-01 2025-03-31 02447523 frs-countries:EnglandWales 2024-04-01 2025-03-31 02447523 2023-03-31 02447523 2024-03-31 02447523 2023-04-01 2024-03-31 02447523 frs-core:CurrentFinancialInstruments 2024-03-31 02447523 frs-core:ShareCapital 2024-03-31 02447523 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 02447523
T S Hartley & Sons Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
H2H Accountancy Limited
Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02447523
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 111,469 126,397
Investments 5 81,369 75,250
192,838 201,647
CURRENT ASSETS
Stocks 6 14,744 19,067
Debtors 7 57,863 51,975
Cash at bank and in hand 51,465 41,569
124,072 112,611
Creditors: Amounts Falling Due Within One Year 8 (262,347 ) (228,864 )
NET CURRENT ASSETS (LIABILITIES) (138,275 ) (116,253 )
TOTAL ASSETS LESS CURRENT LIABILITIES 54,563 85,394
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,445 ) (5,455 )
NET ASSETS 51,118 79,939
CAPITAL AND RESERVES
Called up share capital 9 198 198
Profit and Loss Account 50,920 79,741
SHAREHOLDERS' FUNDS 51,118 79,939
Page 1
Page 2
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 C Hartley
Director
Mr N Hartley
Director
27 May 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
T S Hartley & Sons Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02447523 . The registered office is The Butchers Shop, Back Lane, Tholthorpe, York, YO61 1SN.
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:
Freehold 2% straight line basis
Leasehold 2% straight line basis
Plant & Machinery 15% reducing balance basis
Motor Vehicles 25% reducing balance basis
Fixtures & Fittings 15% reducing balance basis
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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: 10 (2024: 10)
10 10
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 April 2024 118,175 201,546 104,962 30,623 455,306
Disposals - - - (850 ) (850 )
As at 31 March 2025 118,175 201,546 104,962 29,773 454,456
Depreciation
As at 1 April 2024 53,540 175,030 72,169 28,170 328,909
Provided during the period 2,363 4,000 8,199 292 14,854
Disposals - - - (776 ) (776 )
As at 31 March 2025 55,903 179,030 80,368 27,686 342,987
Net Book Value
As at 31 March 2025 62,272 22,516 24,594 2,087 111,469
As at 1 April 2024 64,635 26,516 32,793 2,453 126,397
5. Investments
Listed
£
Cost
As at 1 April 2024 75,250
Additions 1,480
Revaluations 4,639
As at 31 March 2025 81,369
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 81,369
As at 1 April 2024 75,250
6. Stocks
2025 2024
£ £
Stock 14,744 19,067
Page 4
Page 5
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 45,160 44,954
Other debtors 12,703 7,021
57,863 51,975
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 33,492 27,583
Other creditors 217,594 195,874
Taxation and social security 11,261 5,407
262,347 228,864
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 198 198
Page 5