Acorah Software Products - Accounts Production 16.4.675 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10423167 Mr J F Swarbrick Mrs H J Swarbrick Miss E J Swarbrick Miss H G Swarbrick Mr D J Swarbrick iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10423167 2024-03-31 10423167 2025-03-31 10423167 2024-04-01 2025-03-31 10423167 frs-core:CurrentFinancialInstruments 2025-03-31 10423167 frs-core:Non-currentFinancialInstruments 2025-03-31 10423167 frs-core:OtherReservesSubtotal 2025-03-31 10423167 frs-core:ShareCapital 2025-03-31 10423167 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10423167 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10423167 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10423167 frs-bus:SmallEntities 2024-04-01 2025-03-31 10423167 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10423167 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10423167 frs-core:CostValuation 2024-03-31 10423167 frs-core:CostValuation 2025-03-31 10423167 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 10423167 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 10423167 frs-bus:Director1 2024-04-01 2025-03-31 10423167 frs-bus:Director2 2024-04-01 2025-03-31 10423167 frs-bus:Director3 2024-04-01 2025-03-31 10423167 frs-bus:Director4 2024-04-01 2025-03-31 10423167 frs-bus:Director5 2024-04-01 2025-03-31 10423167 frs-countries:EnglandWales 2024-04-01 2025-03-31 10423167 2023-03-31 10423167 2024-03-31 10423167 2023-04-01 2024-03-31 10423167 frs-core:CurrentFinancialInstruments 2024-03-31 10423167 frs-core:Non-currentFinancialInstruments 2024-03-31 10423167 frs-core:OtherReservesSubtotal 2024-03-31 10423167 frs-core:ShareCapital 2024-03-31 10423167 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10423167
EMHEDA Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10423167
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 4,477,037 5,422,783
Investments 5 50 50
4,477,087 5,422,833
CURRENT ASSETS
Debtors 6 2,827,624 1,125,710
Cash at bank and in hand 378,722 84,755
3,206,346 1,210,465
Creditors: Amounts Falling Due Within One Year 7 (2,145,277 ) (1,589,677 )
NET CURRENT ASSETS (LIABILITIES) 1,061,069 (379,212 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,538,156 5,043,621
Creditors: Amounts Falling Due After More Than One Year 8 (1,646,369 ) (1,598,417 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (52,046 ) (52,046 )
NET ASSETS 3,839,741 3,393,158
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Other reserves 1,766,631 1,814,583
Profit and Loss Account 2,072,110 1,577,575
SHAREHOLDERS' FUNDS 3,839,741 3,393,158
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 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 J F Swarbrick
Director
18/07/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
EMHEDA Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10423167 . The registered office is 10 Belgrave Crescent, Harrogate, HG2 8HZ.
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. Going Concern Disclosure
These financial statements are prepared on the going concern basis. The directors have a reasonable
expectation that the company will continue in operational existence for the foreseeable future.
2.3. Turnover
Turnover is recognised at the fair value of the consideration received or receivable for rent receivable provided
in the normal course of business, and is shown net of VAT and other sales related taxes.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is
the present value of the future receipts. The difference between the fair value of the consideration and the
nominal amount received is recognised as interest income.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. 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.
2.6. Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and
subsequently measured at cost less any accumulated impairment losses. The investments are assessed for
impairment at each reporting date and any impairment losses or reversals of impairment losses are
recognised immediately in profit or loss.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a longterm
interest and where the company has significant influence. The company considers that it has significant
influence where it has the power to participate in the financial and operating decisions of the associate.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Investment Property
2025
£
Fair Value
As at 1 April 2024 5,422,783
Disposals (945,746 )
As at 31 March 2025 4,477,037
The investment properties are included in the accounts at cost. The directors believe this to be a fair value of the properties at 31 March 2025.
5. Investments
Joint Ventures
£
Cost
As at 1 April 2024 50
As at 31 March 2025 50
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 50
As at 1 April 2024 50
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 2,827,624 1,125,710
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 1,958,320 1,449,694
Taxation and social security 186,957 139,983
2,145,277 1,589,677
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 1,646,369 1,598,417
Page 4
Page 5
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Related Party Transactions
Amounts due to the directors by the company at the year end was £3,576,204 (2024 - £3,013,491).
Included within debtors is a balance of £284,886 (2024 - £284,886) due from a company in which EMHEDA Ltd has a 50% shareholding. This balance is repayable on demand and no interest is charged thereon.
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