Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04975790 Mr Michael Hornby Mrs Linda Hornby Mr William Hornby Mr Simon Hornby iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04975790 2023-12-31 04975790 2024-12-31 04975790 2024-01-01 2024-12-31 04975790 frs-core:CurrentFinancialInstruments 2024-12-31 04975790 frs-core:Non-currentFinancialInstruments 2024-12-31 04975790 frs-core:ComputerEquipment 2024-12-31 04975790 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04975790 frs-core:ComputerEquipment 2023-12-31 04975790 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04975790 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 04975790 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04975790 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 04975790 frs-core:PlantMachinery 2024-12-31 04975790 frs-core:PlantMachinery 2024-01-01 2024-12-31 04975790 frs-core:PlantMachinery 2023-12-31 04975790 frs-core:ShareCapital 2024-12-31 04975790 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04975790 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04975790 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04975790 frs-bus:SmallEntities 2024-01-01 2024-12-31 04975790 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04975790 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04975790 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 04975790 frs-bus:OrdinaryShareClass1 2024-12-31 04975790 frs-bus:Director1 2024-01-01 2024-12-31 04975790 frs-bus:Director1 2023-12-31 04975790 frs-bus:Director1 2024-12-31 04975790 frs-bus:Director2 2024-01-01 2024-12-31 04975790 frs-bus:Director2 2023-12-31 04975790 frs-bus:Director2 2024-12-31 04975790 frs-bus:Director3 2024-01-01 2024-12-31 04975790 frs-bus:Director3 2023-12-31 04975790 frs-bus:Director3 2024-12-31 04975790 frs-bus:Director4 2024-01-01 2024-12-31 04975790 frs-bus:Director4 2023-12-31 04975790 frs-bus:Director4 2024-12-31 04975790 frs-countries:EnglandWales 2024-01-01 2024-12-31 04975790 2022-12-31 04975790 2023-12-31 04975790 2023-01-01 2023-12-31 04975790 frs-core:CurrentFinancialInstruments 2023-12-31 04975790 frs-core:Non-currentFinancialInstruments 2023-12-31 04975790 frs-core:ShareCapital 2023-12-31 04975790 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04975790 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 04975790
South Hams Nursery Stock Limited
Financial Statements
For The Year Ended 31 December 2024
One Plus One Ltd
34/36 Fore Street
Bovey Tracey
Devon
TQ13 9AE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 04975790
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,635 15,784
12,635 15,784
CURRENT ASSETS
Debtors 5 570 1,900
Cash at bank and in hand 30 30
600 1,930
Creditors: Amounts Falling Due Within One Year 6 (24,869 ) (12,076 )
NET CURRENT ASSETS (LIABILITIES) (24,269 ) (10,146 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,634 ) 5,638
Creditors: Amounts Falling Due After More Than One Year 7 (5,550 ) (9,250 )
NET LIABILITIES (17,184 ) (3,612 )
CAPITAL AND RESERVES
Called up share capital 8 4 4
Profit and Loss Account (17,188 ) (3,616 )
SHAREHOLDERS' FUNDS (17,184) (3,612)
For the year ending 31 December 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 Michael Hornby
Director
10 June 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
South Hams Nursery Stock Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04975790 . The registered office is 34/36 Fore Street, Bovey Tracey, Devon, TQ13 9AE.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 4% Straight Line reduction
Leasehold 4% Straight Line reduction
Plant & Machinery 20% reducing Balance
Computer Equipment 33% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 9,189 23,473 982 33,644
Disposals - (648 ) (509 ) (1,157 )
As at 31 December 2024 9,189 22,825 473 32,487
Depreciation
As at 1 January 2024 4,821 12,546 493 17,860
Provided during the period 362 2,131 158 2,651
Disposals - (376 ) (283 ) (659 )
As at 31 December 2024 5,183 14,301 368 19,852
Net Book Value
As at 31 December 2024 4,006 8,524 105 12,635
As at 1 January 2024 4,368 10,927 489 15,784
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors (23 ) 1,449
Prepayments and accrued income 451 451
Directors' loan accounts 142 -
570 1,900
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 579 277
Bank loans and overdrafts 6,741 4,815
Other taxes and social security 2,762 1,738
VAT 822 1,449
Directors' loan accounts 13,965 3,797
24,869 12,076
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,550 9,250
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
4 Ordinary Shares of £ 1 each 4 4
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Michael Hornby - - 3,861 - 3,861
Mrs Linda Hornby - - 3,418 - 3,418
Mr William Hornby 3,797 - 2,788 - 6,585
Mr Simon Hornby - 142 - - (142 )
The above loans are unsecured, interest free and repayable on demand.
10. Dividends
Page 3