Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04423860 Mr D Hargreaves Mr A Fearn Mr M Tomlinson Mr J Proctor Mr A Pearson Mr R Spencer Mr T Gilbertson Mr A Chapman Mr J Proctor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04423860 2023-12-31 04423860 2024-12-31 04423860 2024-01-01 2024-12-31 04423860 frs-core:CurrentFinancialInstruments 2024-12-31 04423860 frs-core:BetweenOneFiveYears 2024-12-31 04423860 frs-core:ComputerEquipment 2024-12-31 04423860 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04423860 frs-core:ComputerEquipment 2023-12-31 04423860 frs-core:FurnitureFittings 2024-12-31 04423860 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04423860 frs-core:FurnitureFittings 2023-12-31 04423860 frs-core:NetGoodwill 2024-12-31 04423860 frs-core:NetGoodwill 2024-01-01 2024-12-31 04423860 frs-core:NetGoodwill 2023-12-31 04423860 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 04423860 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04423860 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 04423860 frs-core:MotorVehicles 2024-12-31 04423860 frs-core:MotorVehicles 2024-01-01 2024-12-31 04423860 frs-core:MotorVehicles 2023-12-31 04423860 frs-core:ShareCapital 2024-12-31 04423860 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04423860 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04423860 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04423860 frs-bus:SmallEntities 2024-01-01 2024-12-31 04423860 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04423860 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04423860 frs-bus:Director1 2024-01-01 2024-12-31 04423860 frs-bus:Director2 2024-01-01 2024-12-31 04423860 frs-bus:Director3 2024-01-01 2024-12-31 04423860 frs-bus:Director4 2024-01-01 2024-12-31 04423860 frs-bus:Director5 2024-01-01 2024-12-31 04423860 frs-bus:Director6 2024-01-01 2024-12-31 04423860 frs-bus:Director7 2024-01-01 2024-12-31 04423860 frs-bus:Director8 2024-01-01 2024-12-31 04423860 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 04423860 1 2024-01-01 2024-12-31 04423860 2 2024-01-01 2024-12-31 04423860 frs-countries:EnglandWales 2024-01-01 2024-12-31 04423860 2022-12-31 04423860 2023-12-31 04423860 2023-01-01 2023-12-31 04423860 frs-core:CurrentFinancialInstruments 2023-12-31 04423860 frs-core:BetweenOneFiveYears 2023-12-31 04423860 frs-core:WithinOneYear 2023-12-31 04423860 frs-core:ShareCapital 2023-12-31 04423860 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04423860 1 2023-01-01 2023-12-31 04423860 2 2023-01-01 2023-12-31
Registered number: 04423860
Fisher Hargreaves Proctor Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 04423860
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,320,000 1,530,000
Tangible Assets 5 192,188 216,610
1,512,188 1,746,610
CURRENT ASSETS
Debtors 6 1,466,142 1,629,059
Cash at bank and in hand 1,658,347 1,669,797
3,124,489 3,298,856
Creditors: Amounts Falling Due Within One Year 7 (2,162,184 ) (2,349,018 )
NET CURRENT ASSETS (LIABILITIES) 962,305 949,838
TOTAL ASSETS LESS CURRENT LIABILITIES 2,474,493 2,696,448
PROVISIONS FOR LIABILITIES
Deferred Taxation (36,302 ) (40,677 )
NET ASSETS 2,438,191 2,655,771
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement 2,438,091 2,655,671
SHAREHOLDERS' FUNDS 2,438,191 2,655,771
Page 1
Page 2
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 Income Statement.
On behalf of the board
Mr J Proctor
Director
21/03/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fisher Hargreaves Proctor Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04423860 . The registered office is 10 Oxford Street, Nottingham, Nottinghamshire, NG1 5BG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The functional currency of Fisher Hargreaves Proctor Limited is considered to be pounds sterling.

2.2. Turnover
Turnover represents the amounts receivable from the supply of services which fall within the ordinary activities of the company, net of VAT.

Revenue is generally recognised as activity progresses so that for incomplete service contracts it reflects the partial performance of contractual obligations. For such contracts the amount of revenue reflects the right to consideration by reference to the value of work performed. Where work is substantially complete it has been valued at net realisable value including an estimate of attributable profit. Revenue not invoiced to clients is included within debtors.

2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold 20% on RB / 20% on SL / 10% on SL
Motor Vehicles 20% on reducing balance
Fixtures & Fittings 20% on RB / 20% on SL
Computer Equipment 20% on RB / 33% on SL / 25% on SL / 20% on SL
2.5. Stocks and Work in Progress
The directors are responsible for determining the stage of completion of each contract ongoing at the balance sheet date. The analysis includes factors such as; contract terms, costs incurred to date and estimated costs likely to be incurred to conclude the contract.

Costs include employees' remuneration, other direct expenses and a proportion of overheads.

2.6. Taxation
Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred Tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Surveying Staff 34 34
Administrative Staff 31 29
65 63
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 4,330,000
As at 31 December 2024 4,330,000
Amortisation
As at 1 January 2024 2,800,000
Provided during the period 210,000
As at 31 December 2024 3,010,000
Net Book Value
As at 31 December 2024 1,320,000
As at 1 January 2024 1,530,000
5. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 193,879 37,850 69,145 221,719 522,593
Additions - - - 17,376 17,376
Disposals - - - (4,272 ) (4,272 )
As at 31 December 2024 193,879 37,850 69,145 234,823 535,697
Depreciation
As at 1 January 2024 106,415 9,463 57,831 132,274 305,983
Provided during the period 11,830 6,308 1,217 21,493 40,848
Disposals - - - (3,322 ) (3,322 )
As at 31 December 2024 118,245 15,771 59,048 150,445 343,509
Net Book Value
As at 31 December 2024 75,634 22,079 10,097 84,378 192,188
As at 1 January 2024 87,464 28,387 11,314 89,445 216,610
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,163,906 1,491,211
Prepayments and accrued income 144,275 125,262
Other debtors 157,961 12,586
1,466,142 1,629,059
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 136,418 158,498
Corporation tax 213,478 295,509
Other taxes and social security 500,922 525,637
Accruals and deferred income 180,043 120,028
Directors' loan accounts 1,131,323 1,249,346
2,162,184 2,349,018
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year - 27,500
Later than one year and not later than five years 335,726 30,939
335,726 58,439
Page 5