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 10844052 Ms Hope Oliver iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10844052 2024-03-31 10844052 2025-03-31 10844052 2024-04-01 2025-03-31 10844052 frs-core:CurrentFinancialInstruments 2025-03-31 10844052 frs-core:ComputerEquipment 2025-03-31 10844052 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10844052 frs-core:ComputerEquipment 2024-03-31 10844052 frs-core:PlantMachinery 2025-03-31 10844052 frs-core:PlantMachinery 2024-04-01 2025-03-31 10844052 frs-core:PlantMachinery 2024-03-31 10844052 frs-core:ShareCapital 2025-03-31 10844052 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10844052 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10844052 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10844052 frs-bus:SmallEntities 2024-04-01 2025-03-31 10844052 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10844052 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10844052 frs-bus:Director1 2024-04-01 2025-03-31 10844052 frs-countries:EnglandWales 2024-04-01 2025-03-31 10844052 2023-03-31 10844052 2024-03-31 10844052 2023-04-01 2024-03-31 10844052 frs-core:CurrentFinancialInstruments 2024-03-31 10844052 frs-core:ShareCapital 2024-03-31 10844052 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10844052
Hkidswear Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10844052
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 248 331
248 331
CURRENT ASSETS
Stocks 5 - 20,000
Debtors 6 7,811 15,027
Cash at bank and in hand 150 1,680
7,961 36,707
Creditors: Amounts Falling Due Within One Year 7 (43,804 ) (35,359 )
NET CURRENT ASSETS (LIABILITIES) (35,843 ) 1,348
TOTAL ASSETS LESS CURRENT LIABILITIES (35,595 ) 1,679
NET (LIABILITIES)/ASSETS (35,595 ) 1,679
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (35,695 ) 1,579
SHAREHOLDERS' FUNDS (35,595) 1,679
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 her 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
Ms Hope Oliver
Director
23rd June 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hkidswear Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10844052 . The registered office is Unit 4, Mill Yard, Swan Street, West Malling, Kent, ME19 6LP.
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.
The accounts have been prepared on the basis of going concern.  This basis may not be appropriate because the company had, at 31st March 2025, net liabilities of £35,595.  The validity of the going concern basis is dependent upon the continued support of the company's directors and ordinary creditors.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying value amount and are recognised in the Income Statement.
Plant & Machinery 25% Reducing balance
Computer Equipment 33% Straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: )
1 -
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,448 1,610 3,058
As at 31 March 2025 1,448 1,610 3,058
Depreciation
As at 1 April 2024 1,117 1,610 2,727
Provided during the period 83 - 83
As at 31 March 2025 1,200 1,610 2,810
Net Book Value
As at 31 March 2025 248 - 248
As at 1 April 2024 331 - 331
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Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
The assets’ residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying value amount and are recognised in the income statement.
5. Stocks
2025 2024
£ £
Stock - 20,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 7,811 14,330
Other debtors - 697
7,811 15,027
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 12,525 16,807
Other creditors 31,279 18,552
43,804 35,359
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4