Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07092979 Mr Stephen Johnson Mr Marc Johnson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07092979 2024-03-31 07092979 2025-03-31 07092979 2024-04-01 2025-03-31 07092979 frs-core:CurrentFinancialInstruments 2025-03-31 07092979 frs-core:NetGoodwill 2025-03-31 07092979 frs-core:NetGoodwill 2024-04-01 2025-03-31 07092979 frs-core:NetGoodwill 2024-03-31 07092979 frs-core:MotorVehicles 2025-03-31 07092979 frs-core:MotorVehicles 2024-04-01 2025-03-31 07092979 frs-core:MotorVehicles 2024-03-31 07092979 frs-core:PlantMachinery 2025-03-31 07092979 frs-core:PlantMachinery 2024-04-01 2025-03-31 07092979 frs-core:PlantMachinery 2024-03-31 07092979 frs-core:ShareCapital 2025-03-31 07092979 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07092979 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07092979 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07092979 frs-bus:SmallEntities 2024-04-01 2025-03-31 07092979 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07092979 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07092979 frs-bus:Director1 2024-04-01 2025-03-31 07092979 frs-bus:Director2 2024-04-01 2025-03-31 07092979 frs-countries:EnglandWales 2024-04-01 2025-03-31 07092979 2023-03-31 07092979 2024-03-31 07092979 2023-04-01 2024-03-31 07092979 frs-core:CurrentFinancialInstruments 2024-03-31 07092979 frs-core:ShareCapital 2024-03-31 07092979 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07092979
Hobson Test Centre Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Accountancy Solutions (Northern) Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07092979
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 7,717 9,196
7,717 9,196
CURRENT ASSETS
Stocks 6 8,550 7,862
Cash at bank and in hand 9,527 11,273
18,077 19,135
Creditors: Amounts Falling Due Within One Year 8 (15,664 ) (17,262 )
NET CURRENT ASSETS (LIABILITIES) 2,413 1,873
TOTAL ASSETS LESS CURRENT LIABILITIES 10,130 11,069
NET ASSETS 10,130 11,069
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 10,030 10,969
SHAREHOLDERS' FUNDS 10,130 11,069
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 Stephen Johnson
Director
20/06/2025
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
Hobson Test Centre Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07092979 . The registered office is Tower Buildings, 9 Oldgate, Morpeth, Northumberland, NE61 1PY.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. 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% Straight Line
Motor Vehicles 25% Reducing Balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 60,000
As at 31 March 2025 60,000
Amortisation
As at 1 April 2024 60,000
As at 31 March 2025 60,000
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2024 17,972 11,100 29,072
Additions 1,400 - 1,400
As at 31 March 2025 19,372 11,100 30,472
Depreciation
As at 1 April 2024 17,101 2,775 19,876
Provided during the period 798 2,081 2,879
As at 31 March 2025 17,899 4,856 22,755
Net Book Value
As at 31 March 2025 1,473 6,244 7,717
As at 1 April 2024 871 8,325 9,196
6. Stocks
2025 2024
£ £
Stock 8,550 7,862
7. Debtors
2025 2024
£ £
Due within one year
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2,637 1,634
Corporation tax 8,732 3,127
Other taxes and social security 1,016 248
VAT 3,249 6,570
Directors' loan accounts 30 5,683
15,664 17,262
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3