Acorah Software Products - Accounts Production 16.4.675 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 09987317 D H Schwarz D H Schwarz true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09987317 2024-02-29 09987317 2025-02-28 09987317 2024-03-01 2025-02-28 09987317 frs-core:CurrentFinancialInstruments 2025-02-28 09987317 frs-core:ComputerEquipment 2025-02-28 09987317 frs-core:ComputerEquipment 2024-03-01 2025-02-28 09987317 frs-core:ComputerEquipment 2024-02-29 09987317 frs-core:ShareCapital 2025-02-28 09987317 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 09987317 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 09987317 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 09987317 frs-bus:SmallEntities 2024-03-01 2025-02-28 09987317 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 09987317 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 09987317 1 2024-03-01 2025-02-28 09987317 frs-bus:Director1 2024-03-01 2025-02-28 09987317 frs-countries:EnglandWales 2024-03-01 2025-02-28 09987317 2023-02-28 09987317 2024-02-29 09987317 2023-03-01 2024-02-29 09987317 frs-core:CurrentFinancialInstruments 2024-02-29 09987317 frs-core:ShareCapital 2024-02-29 09987317 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 09987317
Habie Schwarz Research Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09987317
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 372 1,113
372 1,113
CURRENT ASSETS
Debtors 5 14,164 6,632
Cash at bank and in hand 20,320 23,528
34,484 30,160
Creditors: Amounts Falling Due Within One Year 6 (6,722 ) (2,005 )
NET CURRENT ASSETS (LIABILITIES) 27,762 28,155
TOTAL ASSETS LESS CURRENT LIABILITIES 28,134 29,268
NET ASSETS 28,134 29,268
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 28,034 29,168
SHAREHOLDERS' FUNDS 28,134 29,268
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
D H Schwarz
Director
11th August 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
Habie Schwarz Research Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09987317 . The registered office is Unit 8 Wheatcroft Business Park, Landmere Lane, Edwalton, Nottingham, NG12 4DG.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Computer Equipment 33% straight line
2.4. 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 March 2024 4,714
As at 28 February 2025 4,714
Depreciation
As at 1 March 2024 3,601
Provided during the period 741
As at 28 February 2025 4,342
Net Book Value
As at 28 February 2025 372
As at 1 March 2024 1,113
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 6,650 -
Other debtors - 127
Corporation tax recoverable assets 5,509 5,509
Other taxes and social security 2,005 996
14,164 6,632
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,920 187
Corporation tax 2,445 -
Other creditors 2,357 1,818
6,722 2,005
7. Related Party Transactions
As at the 28 February 2025 the business owed the director £416 (2024: £nil).
8. Ultimate Controlling Party
The company's ultimate controlling party is D H Schwarz by virtue of their ownership of 100% of the issued share capital in the company.
Page 3