Acorah Software Products - Accounts Production 16.4.660 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09900931 Mr H J Pashby Mr D A Mason iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09900931 2023-12-31 09900931 2024-12-31 09900931 2024-01-01 2024-12-31 09900931 frs-core:CurrentFinancialInstruments 2024-12-31 09900931 frs-core:Non-currentFinancialInstruments 2024-12-31 09900931 frs-core:ComputerEquipment 2024-12-31 09900931 frs-core:ComputerEquipment 2024-01-01 2024-12-31 09900931 frs-core:ComputerEquipment 2023-12-31 09900931 frs-core:MotorVehicles 2024-12-31 09900931 frs-core:MotorVehicles 2024-01-01 2024-12-31 09900931 frs-core:MotorVehicles 2023-12-31 09900931 frs-core:PlantMachinery 2024-12-31 09900931 frs-core:PlantMachinery 2024-01-01 2024-12-31 09900931 frs-core:PlantMachinery 2023-12-31 09900931 frs-core:ShareCapital 2024-12-31 09900931 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09900931 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09900931 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09900931 frs-bus:SmallEntities 2024-01-01 2024-12-31 09900931 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09900931 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09900931 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 09900931 frs-bus:OrdinaryShareClass1 2024-12-31 09900931 frs-bus:Director1 2024-01-01 2024-12-31 09900931 frs-bus:Director1 2023-12-31 09900931 frs-bus:Director1 2024-12-31 09900931 frs-bus:Director2 2024-01-01 2024-12-31 09900931 frs-countries:EnglandWales 2024-01-01 2024-12-31 09900931 2022-12-31 09900931 2023-12-31 09900931 2023-01-01 2023-12-31 09900931 frs-core:CurrentFinancialInstruments 2023-12-31 09900931 frs-core:Non-currentFinancialInstruments 2023-12-31 09900931 frs-core:ShareCapital 2023-12-31 09900931 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09900931 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 09900931
HP Plumbing And Heating Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09900931
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 43,680 75,734
43,680 75,734
CURRENT ASSETS
Debtors 5 309,557 287,334
Cash at bank and in hand 58,701 105,378
368,258 392,712
Creditors: Amounts Falling Due Within One Year 6 (218,808 ) (250,608 )
NET CURRENT ASSETS (LIABILITIES) 149,450 142,104
TOTAL ASSETS LESS CURRENT LIABILITIES 193,130 217,838
Creditors: Amounts Falling Due After More Than One Year 7 (14,914 ) (62,829 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,000 ) (17,430 )
NET ASSETS 167,216 137,579
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 166,216 136,579
SHAREHOLDERS' FUNDS 167,216 137,579
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 Profit and Loss Account.
The financial statements were approved by the board of directors on 14 July 2025 and were signed on its behalf by:
Mr H J Pashby
Director
14/07/2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
HP Plumbing And Heating Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09900931 . The registered office is Construction House, James Nicolson Link, York, YO30 4GR.
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 disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The principal accounting policies adopted are set out below.
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.
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% on cost
Motor Vehicles 25% on cost
Computer Equipment 33% on cost
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is credited or charged to profit or loss.
2.4. Leasing and Hire Purchase Contracts
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.
Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.
2.5. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs 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 classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
...CONTINUED
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2.5. Financial Instruments - continued
 
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2.6. Foreign Currencies
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
Current 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
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
2.8. Pensions
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2.9. Government Grant
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. 
A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 11)
10 11
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 2,966 139,319 7,126 149,411
As at 31 December 2024 2,966 139,319 7,126 149,411
Depreciation
As at 1 January 2024 1,957 65,448 6,272 73,677
Provided during the period 388 30,885 781 32,054
As at 31 December 2024 2,345 96,333 7,053 105,731
Net Book Value
As at 31 December 2024 621 42,986 73 43,680
As at 1 January 2024 1,009 73,871 854 75,734
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,766 10,338
Other debtors 22,660 7,865
36,426 18,203
Due after more than one year
Other debtors 273,131 269,131
309,557 287,334
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 24,806 19,381
Trade creditors 83,455 85,015
Bank loans and overdrafts 23,960 23,960
Other creditors 23,265 65,131
Taxation and social security 63,322 57,121
218,808 250,608
Included within bank loans is a Coronavirus Bounce Back Loan which is secured by way of government guarantee, with £10,000 (2023: £10,000) due within one year. The loan is due to be fully repaid within five years. £4,167 (2023: £14,167) is due after one year.
Other bank loans of £13,960 (2023: £13,960) are secured by way of personal guarantees provided by the directors.
Net obligations under hire purchase contracts £24,806 (2023: £19,381) are secured against the assets in which they relate.
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 10,747 35,553
Bank loans 4,167 27,111
Other creditors - 165
14,914 62,829
Included within bank loans is a Coronavirus Bounce Back Loan which is secured by way of government backed guarantee, with £4,167 (2023: £14,167) due after one year. The loan is due to be fully repaid within five years. £10,000 (2023: £10,000) is due within one year, included within bank loans.
Other bank loans of £nil (2023: £12,944) are secured by way of personal guarantees provided by the directors.
Net obligations under hire purchase contracts £10,747 (2023: £35,553) are secured against the assets in which they relate.
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1,000 Ordinary Shares of £ 1.00 each 1,000 1,000
Each share is entitled to one vote in any circumstances, entitled pari passu to dividend payments or any other distribution and entitled pari passu to participate in a distribution arising from winding up of the company.
9. Directors Advances, Credits and Guarantees
Included within Other Debtors, at the 31 December 2024, is the following loan to the director:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Harry Pashby 9,267 (67,484 ) 50,148 - (8,069 )
The above loan is unsecured and repayable on demand.
10. Related Party Transactions
Included within other debtors - due after more than one year, is a loan due from an entity under common control of £269,131 (2023: £269,131). The loan attracts interest of 4% per annum and is due to be repaid by October 2028.
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