Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 07116758 Mr Mark Bower Mrs Michelle Bower Michelle Bower iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07116758 2024-01-31 07116758 2025-01-31 07116758 2024-02-01 2025-01-31 07116758 frs-core:Non-currentFinancialInstruments 2025-01-31 07116758 frs-core:ComputerEquipment 2024-02-01 2025-01-31 07116758 frs-core:FurnitureFittings 2024-02-01 2025-01-31 07116758 frs-core:NetGoodwill 2024-02-01 2025-01-31 07116758 frs-core:MotorVehicles 2024-02-01 2025-01-31 07116758 frs-core:ShareCapital 2025-01-31 07116758 frs-core:RetainedEarningsAccumulatedLosses 2024-02-01 2025-01-31 07116758 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 07116758 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 07116758 frs-bus:AbridgedAccounts 2024-02-01 2025-01-31 07116758 frs-bus:SmallEntities 2024-02-01 2025-01-31 07116758 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 07116758 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 07116758 frs-bus:Director1 2024-02-01 2025-01-31 07116758 frs-bus:Director1 2024-01-31 07116758 frs-bus:Director1 2025-01-31 07116758 frs-bus:Director2 2024-02-01 2025-01-31 07116758 frs-bus:CompanySecretary1 2024-02-01 2025-01-31 07116758 frs-countries:EnglandWales 2024-02-01 2025-01-31 07116758 2023-01-31 07116758 2024-01-31 07116758 2023-02-01 2024-01-31 07116758 frs-core:Non-currentFinancialInstruments 2024-01-31 07116758 frs-core:ShareCapital 2023-01-31 07116758 frs-core:ShareCapital 2024-01-31 07116758 frs-core:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 07116758 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-01-31 07116758 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 07116758
Hamilton Bower Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2025
Northern Accountants
Contents
Page
Abridged Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Abridged Financial Statements 4—6
Page 1
Abridged Balance Sheet
Registered number: 07116758
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 21,600 27,000
Tangible Assets 5 558 1,158
22,158 28,158
CURRENT ASSETS
Debtors 83,644 69,303
Cash at bank and in hand 1,405 420
85,049 69,723
Creditors: Amounts Falling Due Within One Year (48,307 ) (55,178 )
NET CURRENT ASSETS (LIABILITIES) 36,742 14,545
TOTAL ASSETS LESS CURRENT LIABILITIES 58,900 42,703
Creditors: Amounts Falling Due After More Than One Year (58,140 ) (41,373 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (139 ) (289 )
NET ASSETS 621 1,041
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Profit and Loss Account (379 ) 41
SHAREHOLDERS' FUNDS 621 1,041
Page 1
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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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 January 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Mark Bower
Director
20/06/2025
The notes on pages 4 to 6 form part of these financial statements.
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Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 February 2023 1,000 21 1,021
Profit for the year and total comprehensive income - 5,420 5,420
Dividends paid - (5,400) (5,400)
As at 31 January 2024 and 1 February 2024 1,000 41 1,041
Profit for the year and total comprehensive income - 37,580 37,580
Dividends paid - (38,000) (38,000)
As at 31 January 2025 1,000 (379 ) 621
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Notes to the Abridged Financial Statements
1. General Information
Hamilton Bower Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07116758 . The registered office is 33 Otley Road, Shipley, BD17 7DE.
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 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. 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 10 years.
2.4. 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:
Motor Vehicles 25% on Reducing Balance Method
Fixtures & Fittings 33% on Straight Line Method
Computer Equipment 33% on Straight Line Method
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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Intangible Assets
Total
£
Cost
As at 1 February 2024 54,000
As at 31 January 2025 54,000
Amortisation
As at 1 February 2024 27,000
Provided during the period 5,400
As at 31 January 2025 32,400
Net Book Value
As at 31 January 2025 21,600
As at 1 February 2024 27,000
5. Tangible Assets
Total
£
Cost
As at 1 February 2024 18,176
As at 31 January 2025 18,176
Depreciation
As at 1 February 2024 17,018
Provided during the period 600
As at 31 January 2025 17,618
Net Book Value
As at 31 January 2025 558
As at 1 February 2024 1,158
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
7. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £NIL (2024 : £179) were due to the fund. They are included in other creditors.
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8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Mr Mark Bower 2,579 2,416 - - 4,995
The above loan is unsecured, interest free and repayable on demand.
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