Acorah Software Products - Accounts Production 16.3.350 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 05133063 Mr George Willis Mr Kristopher Willis Mr Shaun Willis Mrs Karen Willis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05133063 2023-06-30 05133063 2024-06-30 05133063 2023-07-01 2024-06-30 05133063 frs-core:CurrentFinancialInstruments 2024-06-30 05133063 frs-core:Non-currentFinancialInstruments 2024-06-30 05133063 frs-core:BetweenOneFiveYears 2024-06-30 05133063 frs-core:ComputerEquipment 2024-06-30 05133063 frs-core:ComputerEquipment 2023-07-01 2024-06-30 05133063 frs-core:ComputerEquipment 2023-06-30 05133063 frs-core:FurnitureFittings 2024-06-30 05133063 frs-core:FurnitureFittings 2023-07-01 2024-06-30 05133063 frs-core:FurnitureFittings 2023-06-30 05133063 frs-core:NetGoodwill 2024-06-30 05133063 frs-core:NetGoodwill 2023-07-01 2024-06-30 05133063 frs-core:NetGoodwill 2023-06-30 05133063 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 05133063 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 05133063 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 05133063 frs-core:MotorVehicles 2024-06-30 05133063 frs-core:MotorVehicles 2023-07-01 2024-06-30 05133063 frs-core:MotorVehicles 2023-06-30 05133063 frs-core:PlantMachinery 2024-06-30 05133063 frs-core:PlantMachinery 2023-07-01 2024-06-30 05133063 frs-core:PlantMachinery 2023-06-30 05133063 frs-core:WithinOneYear 2024-06-30 05133063 frs-core:ShareCapital 2024-06-30 05133063 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 05133063 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05133063 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 05133063 frs-bus:SmallEntities 2023-07-01 2024-06-30 05133063 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05133063 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 05133063 frs-bus:Director1 2023-07-01 2024-06-30 05133063 frs-bus:Director2 2023-07-01 2024-06-30 05133063 frs-bus:Director3 2023-07-01 2024-06-30 05133063 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 05133063 frs-core:CurrentFinancialInstruments 1 2024-06-30 05133063 frs-countries:EnglandWales 2023-07-01 2024-06-30 05133063 2022-06-30 05133063 2023-06-30 05133063 2022-07-01 2023-06-30 05133063 frs-core:CurrentFinancialInstruments 2023-06-30 05133063 frs-core:Non-currentFinancialInstruments 2023-06-30 05133063 frs-core:BetweenOneFiveYears 2023-06-30 05133063 frs-core:WithinOneYear 2023-06-30 05133063 frs-core:ShareCapital 2023-06-30 05133063 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 05133063 frs-core:CurrentFinancialInstruments 1 2023-06-30
Registered number: 05133063
NU-Heat (North East) Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Accountancy Solutions (Northern) Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05133063
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 339,380 286,707
339,380 286,707
CURRENT ASSETS
Stocks 5 33,987 69,983
Debtors 6 199,147 349,062
Cash at bank and in hand 619,076 422,975
852,210 842,020
Creditors: Amounts Falling Due Within One Year 7 (368,674 ) (289,501 )
NET CURRENT ASSETS (LIABILITIES) 483,536 552,519
TOTAL ASSETS LESS CURRENT LIABILITIES 822,916 839,226
Creditors: Amounts Falling Due After More Than One Year 8 (20,572 ) (38,681 )
NET ASSETS 802,344 800,545
CAPITAL AND RESERVES
Called up share capital 10 200 110
Profit and Loss Account 802,144 800,435
SHAREHOLDERS' FUNDS 802,344 800,545
Page 1
Page 2
For the year ending 30 June 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 Shaun Willis
Director
10/03/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
1.4. 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 0%
Plant & Machinery 15% and 5% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 25% straight line
1.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
1.6. 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. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 14 (2023: 16)
14 16
Page 3
Page 4
3. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 120,000
As at 30 June 2024 120,000
Amortisation
As at 1 July 2023 120,000
As at 30 June 2024 120,000
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 July 2023 78,334 77,946 308,562 6,046
Additions - 830 149,818 -
Disposals - - (95,687 ) -
As at 30 June 2024 78,334 78,776 362,693 6,046
Depreciation
As at 1 July 2023 - 19,724 162,566 4,209
Provided during the period - 4,904 67,644 275
Disposals - - (70,446 ) -
As at 30 June 2024 - 24,628 159,764 4,484
Net Book Value
As at 30 June 2024 78,334 54,148 202,929 1,562
As at 1 July 2023 78,334 58,222 145,996 1,837
Computer Equipment Total
£ £
Cost
As at 1 July 2023 19,852 490,740
Additions 1,664 152,312
Disposals - (95,687 )
As at 30 June 2024 21,516 547,365
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 July 2023 17,534 204,033
Provided during the period 1,575 74,398
Disposals - (70,446 )
As at 30 June 2024 19,109 207,985
Net Book Value
As at 30 June 2024 2,407 339,380
As at 1 July 2023 2,318 286,707
5. Stocks
2024 2023
£ £
Materials 13,255 13,326
Work in progress 20,732 56,657
33,987 69,983
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 190,629 320,901
Prepayments and accrued income 3,951 23,875
Other debtors - 833
Soldo Card 4,567 3,453
199,147 349,062
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 8,109 11,362
Trade creditors 97,653 135,942
Bank loans and overdrafts 10,000 10,000
Corporation tax 56,869 32,426
Other taxes and social security 13,966 7,434
VAT 23,542 366
Credit Card 170 946
Other creditors. - 7,028
Accruals and deferred income 6,475 5,995
Directors' loan accounts 151,890 78,002
368,674 289,501
Page 5
Page 6
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 7,239 15,348
Bank loans 13,333 23,333
20,572 38,681
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The maturity of these amounts is as follows:
Within one year 8,109 11,362
Between one and five years 7,239 15,348
15,348 26,710
15,348 26,710
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 110
11. General Information
NU-Heat (North East) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05133063 . The registered office is 1 North Seaton Road, Newbiggin-By-The-Sea, Northumberland, NE64 6XS.
Page 6