Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 03322359 Mr John Hopkins Kathryn Gordon true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03322359 2024-03-31 03322359 2025-03-31 03322359 2024-04-01 2025-03-31 03322359 frs-core:CurrentFinancialInstruments 2025-03-31 03322359 frs-core:ComputerEquipment 2025-03-31 03322359 frs-core:ComputerEquipment 2024-04-01 2025-03-31 03322359 frs-core:ComputerEquipment 2024-03-31 03322359 frs-core:FurnitureFittings 2025-03-31 03322359 frs-core:FurnitureFittings 2024-04-01 2025-03-31 03322359 frs-core:FurnitureFittings 2024-03-31 03322359 frs-core:MotorVehicles 2025-03-31 03322359 frs-core:MotorVehicles 2024-04-01 2025-03-31 03322359 frs-core:MotorVehicles 2024-03-31 03322359 frs-core:PlantMachinery 2024-04-01 2025-03-31 03322359 frs-core:ShareCapital 2025-03-31 03322359 frs-core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 03322359 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 03322359 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03322359 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03322359 frs-bus:SmallEntities 2024-04-01 2025-03-31 03322359 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03322359 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03322359 1 2024-04-01 2025-03-31 03322359 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-01 2025-03-31 03322359 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 03322359 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 03322359 frs-core:ListedExchangeTraded 2025-03-31 03322359 frs-core:ListedExchangeTraded 2024-03-31 03322359 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-03-31 03322359 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2025-03-31 03322359 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-03-31 03322359 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-03-31 03322359 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-03-31 03322359 frs-bus:Director1 2024-04-01 2025-03-31 03322359 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 03322359 frs-countries:EnglandWales 2024-04-01 2025-03-31 03322359 2023-03-31 03322359 2024-03-31 03322359 2023-04-01 2024-03-31 03322359 frs-core:CurrentFinancialInstruments 2024-03-31 03322359 frs-core:ShareCapital 2023-03-31 03322359 frs-core:ShareCapital 2024-03-31 03322359 frs-core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 03322359 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-03-31 03322359 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03322359 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-01 2024-03-31 03322359 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-03-31 03322359 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31
Registered number: 03322359
Hopkins Engineering Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 03322359
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,475 1,951
Investments 5 625,668 517,941
627,143 519,892
CURRENT ASSETS
Debtors 6 100,945 65,203
Cash at bank and in hand 72,110 104,851
173,055 170,054
Creditors: Amounts Falling Due Within One Year 7 (41,195 ) (36,519 )
NET CURRENT ASSETS (LIABILITIES) 131,860 133,535
TOTAL ASSETS LESS CURRENT LIABILITIES 759,003 653,427
PROVISIONS FOR LIABILITIES
Deferred Taxation (37,177 ) (11,225 )
NET ASSETS 721,826 642,202
CAPITAL AND RESERVES
Called up share capital 8 2 2
Fair value reserve 9 158,490 76,714
Profit and Loss Account 563,334 565,486
SHAREHOLDERS' FUNDS 721,826 642,202
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 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 John Hopkins
Director
13/06/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Fair value reserve Profit and Loss Account Total
£ £ £ £
As at 1 April 2023 2 32,096 560,280 592,378
Profit for the year and total comprehensive income - - 138,824 138,824
Dividends paid - - (89,000) (89,000)
Transfer to/from Fair value reserve - - (44,618) (44,618)
Transfer to/from Profit & Loss Account - 44,618 - 44,618
As at 31 March 2024 and 1 April 2024 2 76,714 565,486 642,202
Profit for the year and total comprehensive income - - 181,624 181,624
Dividends paid - - (102,000) (102,000)
Transfer to/from Fair value reserve - - (81,776) (81,776)
Transfer to/from Profit & Loss Account - 81,776 - 81,776
As at 31 March 2025 2 158,490 563,334 721,826
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Hopkins Engineering Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03322359 . The registered office is 35 Canterbury Avenue, Fulwood, Sheffield, S10 3RU.
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% Reducing Balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 15% Reducing balance
Computer Equipment 25% 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
Page 4
Page 5
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 22,858 262 2,240 25,360
As at 31 March 2025 22,858 262 2,240 25,360
Depreciation
As at 1 April 2024 21,569 130 1,710 23,409
Provided during the period 321 21 134 476
As at 31 March 2025 21,890 151 1,844 23,885
Net Book Value
As at 31 March 2025 968 111 396 1,475
As at 1 April 2024 1,289 132 530 1,951
5. Investments
Listed
£
Cost
As at 1 April 2024 517,941
Revaluations 107,727
As at 31 March 2025 625,668
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 625,668
As at 1 April 2024 517,941
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 100,945 65,203
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 1,665 2,067
Taxation and social security 39,530 34,452
41,195 36,519
Page 5
Page 6
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
9. Reserves
Fair Value Reserve
£
As at 1 April 2024 76,714
Transfer to profit and loss 81,776
As at 31 March 2025 158,490
10. Ultimate Controlling Party
The company's ultimate controlling party is the director.
Page 6