Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 13 August 2022 false 1 September 2023 31 August 2024 31 August 2024 14294268 Mr Hani Sami Naguib Melek Girgis Mrs Vivian Magdy Gindy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14294268 2023-08-31 14294268 2024-08-31 14294268 2023-09-01 2024-08-31 14294268 frs-core:CurrentFinancialInstruments 2024-08-31 14294268 frs-core:Non-currentFinancialInstruments 2024-08-31 14294268 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 14294268 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 14294268 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 14294268 frs-core:ShareCapital 2024-08-31 14294268 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 14294268 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 14294268 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 14294268 frs-bus:SmallEntities 2023-09-01 2024-08-31 14294268 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 14294268 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 14294268 frs-core:CostValuation 2023-08-31 14294268 frs-core:AdditionsToInvestments 2024-08-31 14294268 frs-core:CostValuation 2024-08-31 14294268 frs-core:ProvisionsForImpairmentInvestments 2023-08-31 14294268 frs-core:ProvisionsForImpairmentInvestments 2024-08-31 14294268 frs-bus:Director1 2023-09-01 2024-08-31 14294268 frs-bus:Director2 2023-09-01 2024-08-31 14294268 frs-countries:EnglandWales 2023-09-01 2024-08-31 14294268 2022-08-12 14294268 2023-08-31 14294268 2022-08-13 2023-08-31 14294268 frs-core:CurrentFinancialInstruments 2023-08-31 14294268 frs-core:Non-currentFinancialInstruments 2023-08-31 14294268 frs-core:ShareCapital 2023-08-31 14294268 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 14294268
HVC Investments Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
H&D Associates Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14294268
31 August 2024 31 August 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 471,291 277,190
Investments 5 1,165,000 -
1,636,291 277,190
CURRENT ASSETS
Cash at bank and in hand 54,416 -
54,416 -
Creditors: Amounts Falling Due Within One Year 6 (1,458,386 ) (81,060 )
NET CURRENT ASSETS (LIABILITIES) (1,403,970 ) (81,060 )
TOTAL ASSETS LESS CURRENT LIABILITIES 232,321 196,130
Creditors: Amounts Falling Due After More Than One Year 7 (199,480 ) (199,480 )
NET ASSETS/(LIABILITIES) 32,841 (3,350 )
CAPITAL AND RESERVES
Called up share capital 8 (100 ) (100 )
Profit and Loss Account 32,941 (3,250 )
SHAREHOLDERS' FUNDS 32,841 (3,350)
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 Hani Sami Naguib Melek Girgis
Director
18/05/2025
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
HVC Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14294268 . The registered office is 18a Woodville Gardens, London, W5 2LQ.
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.
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 No Depreciation
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 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.
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: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 September 2023 277,190
Additions 194,101
As at 31 August 2024 471,291
Net Book Value
As at 31 August 2024 471,291
As at 1 September 2023 277,190
Page 2
Page 3
5. Investments
Other
£
Cost
As at 1 September 2023 -
Additions 1,165,000
As at 31 August 2024 1,165,000
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 1,165,000
As at 1 September 2023 -
6. Creditors: Amounts Falling Due Within One Year
31 August 2024 31 August 2023
£ £
Other creditors 1,450,659 81,060
Taxation and social security 7,727 -
1,458,386 81,060
7. Creditors: Amounts Falling Due After More Than One Year
31 August 2024 31 August 2023
£ £
Bank loans 199,480 199,480
8. Share Capital
31 August 2024 31 August 2023
£ £
Allotted, Called up and fully paid (100 ) (100 )
Page 3