Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 03072805 N Hobbs G D Hobbs N Hobbs iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03072805 2023-09-30 03072805 2024-09-30 03072805 2023-10-01 2024-09-30 03072805 frs-core:CurrentFinancialInstruments 2024-09-30 03072805 frs-core:Non-currentFinancialInstruments 2024-09-30 03072805 frs-core:BetweenOneFiveYears 2024-09-30 03072805 frs-core:FurnitureFittings 2024-09-30 03072805 frs-core:FurnitureFittings 2023-10-01 2024-09-30 03072805 frs-core:FurnitureFittings 2023-09-30 03072805 frs-core:MotorVehicles 2024-09-30 03072805 frs-core:MotorVehicles 2023-10-01 2024-09-30 03072805 frs-core:MotorVehicles 2023-09-30 03072805 frs-core:PlantMachinery 2024-09-30 03072805 frs-core:PlantMachinery 2023-10-01 2024-09-30 03072805 frs-core:PlantMachinery 2023-09-30 03072805 frs-core:WithinOneYear 2024-09-30 03072805 frs-core:ShareCapital 2024-09-30 03072805 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 03072805 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 03072805 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 03072805 frs-bus:SmallEntities 2023-10-01 2024-09-30 03072805 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 03072805 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 03072805 frs-bus:Director1 2023-10-01 2024-09-30 03072805 frs-bus:Director2 2023-10-01 2024-09-30 03072805 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 03072805 frs-countries:EnglandWales 2023-10-01 2024-09-30 03072805 2022-09-30 03072805 2023-09-30 03072805 2022-10-01 2023-09-30 03072805 frs-core:CurrentFinancialInstruments 2023-09-30 03072805 frs-core:Non-currentFinancialInstruments 2023-09-30 03072805 frs-core:BetweenOneFiveYears 2023-09-30 03072805 frs-core:MotorVehicles 2022-10-01 2023-09-30 03072805 frs-core:WithinOneYear 2023-09-30 03072805 frs-core:ShareCapital 2023-09-30 03072805 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 03072805
H & J Electrical Services Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03072805
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 56,258 77,319
56,258 77,319
CURRENT ASSETS
Debtors 5 368,959 252,080
Cash at bank and in hand 304,140 236,046
673,099 488,126
Creditors: Amounts Falling Due Within One Year 6 (418,979 ) (198,665 )
NET CURRENT ASSETS (LIABILITIES) 254,120 289,461
TOTAL ASSETS LESS CURRENT LIABILITIES 310,378 366,780
Creditors: Amounts Falling Due After More Than One Year 7 (34,853 ) (38,520 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (14,064 ) (19,330 )
NET ASSETS 261,461 308,930
CAPITAL AND RESERVES
Called up share capital 9 400 400
Profit and Loss Account 261,061 308,530
SHAREHOLDERS' FUNDS 261,461 308,930
Page 1
Page 2
For the year ending 30 September 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
N Hobbs
Director
26 June 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
H & J Electrical Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03072805 . The registered office is 62 Goodhart Way, West Wickham, Kent, BR4 0ES.
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.
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.
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:
Plant & Machinery 20% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.4. 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.
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2.5. Financial Instruments
The company applies the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Basic financial assets and liabilities are initially measured at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets and liabilities classified as receivable or payable within one year are not amortised.
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
2.6. 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.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2023: 11)
11 11
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 October 2023 7,106 135,518 2,345 144,969
Additions 1,965 - - 1,965
Disposals - (11,850 ) (269 ) (12,119 )
As at 30 September 2024 9,071 123,668 2,076 134,815
Depreciation
As at 1 October 2023 1,354 64,480 1,816 67,650
Provided during the period 1,373 16,842 - 18,215
Disposals - (7,261 ) (47 ) (7,308 )
As at 30 September 2024 2,727 74,061 1,769 78,557
Net Book Value
As at 30 September 2024 6,344 49,607 307 56,258
As at 1 October 2023 5,752 71,038 529 77,319
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 36,336 65,614
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 234,625 136,097
Other debtors 134,334 115,983
368,959 252,080
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,420 5,245
Trade creditors 321,864 114,335
Bank loans and overdrafts 3,805 7,330
Taxes and social security 86,100 64,777
Other creditors 3,790 6,978
418,979 198,665
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 34,853 38,520
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,420 5,245
Later than one year and not later than five years 34,853 38,520
38,273 43,765
38,273 43,765
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 400 400
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