Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 11 April 2023 false 1 April 2024 31 March 2025 31 March 2025 14791870 Mr David Blackburn Miss Lydia Buckler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14791870 2024-03-31 14791870 2025-03-31 14791870 2024-04-01 2025-03-31 14791870 frs-core:CurrentFinancialInstruments 2025-03-31 14791870 frs-core:ComputerEquipment 2025-03-31 14791870 frs-core:ComputerEquipment 2024-04-01 2025-03-31 14791870 frs-core:ComputerEquipment 2024-03-31 14791870 frs-core:FurnitureFittings 2025-03-31 14791870 frs-core:FurnitureFittings 2024-04-01 2025-03-31 14791870 frs-core:FurnitureFittings 2024-03-31 14791870 frs-core:ShareCapital 2025-03-31 14791870 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 14791870 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14791870 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 14791870 frs-bus:SmallEntities 2024-04-01 2025-03-31 14791870 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14791870 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14791870 frs-bus:Director1 2024-04-01 2025-03-31 14791870 frs-bus:Director2 2024-04-01 2025-03-31 14791870 frs-countries:EnglandWales 2024-04-01 2025-03-31 14791870 2023-04-10 14791870 2024-03-31 14791870 2023-04-11 2024-03-31 14791870 frs-core:CurrentFinancialInstruments 2024-03-31 14791870 frs-core:ShareCapital 2024-03-31 14791870 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 14791870
Hwyl Studio Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Whitefield Tax Limited
Chartered Certified Accountants and Registered Auditor
Arnold House
2 New Road
Brading
Isle Of Wight
PO36 0DT
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14791870
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,892 12,429
12,892 12,429
CURRENT ASSETS
Debtors 5 4,500 4,500
Cash at bank and in hand 4,845 909
9,345 5,409
Creditors: Amounts Falling Due Within One Year 6 (28,579 ) (43,955 )
NET CURRENT ASSETS (LIABILITIES) (19,234 ) (38,546 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,342 ) (26,117 )
NET LIABILITIES (6,342 ) (26,117 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (6,442 ) (26,217 )
SHAREHOLDERS' FUNDS (6,342) (26,117)
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 David Blackburn
Director
22 July 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
Hwyl Studio Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14791870 . The registered office is Arnold House 2 New Road, Brading, Sandown, Isle Of Wight, PO36 0DT.
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. 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:
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 11,627 4,945 16,572
Additions 6,965 148 7,113
Disposals (1,602 ) (799 ) (2,401 )
As at 31 March 2025 16,990 4,294 21,284
Depreciation
As at 1 April 2024 2,907 1,236 4,143
Provided during the period 3,521 728 4,249
As at 31 March 2025 6,428 1,964 8,392
Net Book Value
As at 31 March 2025 10,562 2,330 12,892
As at 1 April 2024 8,720 3,709 12,429
Page 2
Page 3
5. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Other debtors 4,500 4,500
6. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Bank loans and overdrafts 2,827 -
Other creditors 21,554 43,955
Taxation and social security 4,198 -
28,579 43,955
7. Share Capital
31 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3