Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 August 2024 31 August 2024 03662742 Mrs Janet Dixon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03662742 2024-01-31 03662742 2024-08-31 03662742 2024-02-01 2024-08-31 03662742 frs-core:CurrentFinancialInstruments 2024-08-31 03662742 frs-core:Non-currentFinancialInstruments 2024-08-31 03662742 frs-core:BetweenOneFiveYears 2024-08-31 03662742 frs-core:ComputerEquipment 2024-08-31 03662742 frs-core:ComputerEquipment 2024-02-01 2024-08-31 03662742 frs-core:ComputerEquipment 2024-01-31 03662742 frs-core:NetGoodwill 2024-08-31 03662742 frs-core:NetGoodwill 2024-02-01 2024-08-31 03662742 frs-core:NetGoodwill 2024-01-31 03662742 frs-core:PlantMachinery 2024-08-31 03662742 frs-core:PlantMachinery 2024-02-01 2024-08-31 03662742 frs-core:PlantMachinery 2024-01-31 03662742 frs-core:WithinOneYear 2024-08-31 03662742 frs-core:ShareCapital 2024-08-31 03662742 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 03662742 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2024-08-31 03662742 frs-bus:FilletedAccounts 2024-02-01 2024-08-31 03662742 frs-bus:SmallEntities 2024-02-01 2024-08-31 03662742 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2024-08-31 03662742 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2024-08-31 03662742 frs-bus:Director1 2024-02-01 2024-08-31 03662742 frs-core:CurrentFinancialInstruments 1 2024-08-31 03662742 frs-countries:EnglandWales 2024-02-01 2024-08-31 03662742 2023-01-31 03662742 2024-01-31 03662742 2023-02-01 2024-01-31 03662742 frs-core:CurrentFinancialInstruments 2024-01-31 03662742 frs-core:Non-currentFinancialInstruments 2024-01-31 03662742 frs-core:BetweenOneFiveYears 2024-01-31 03662742 frs-core:WithinOneYear 2024-01-31 03662742 frs-core:ShareCapital 2024-01-31 03662742 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 03662742 frs-core:CurrentFinancialInstruments 1 2024-01-31
Registered number: 03662742
Hendriksen Industrial Flooring Limited
Unaudited Financial Statements
For the Period 1 February 2024 to 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03662742
31 August 2024 31 January 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,875 4,500
Tangible Assets 5 438,796 254,138
440,671 258,638
CURRENT ASSETS
Stocks 6 32,155 -
Debtors 7 296,567 385,850
Cash at bank and in hand 1,541 41,014
330,263 426,864
Creditors: Amounts Falling Due Within One Year 8 (256,618 ) (219,471 )
NET CURRENT ASSETS (LIABILITIES) 73,645 207,393
TOTAL ASSETS LESS CURRENT LIABILITIES 514,316 466,031
Creditors: Amounts Falling Due After More Than One Year 9 (335,575 ) (260,962 )
NET ASSETS 178,741 205,069
CAPITAL AND RESERVES
Called up share capital 11 2 2
Profit and Loss Account 178,739 205,067
SHAREHOLDERS' FUNDS 178,741 205,069
Page 1
Page 2
For the period ending 31 August 2024 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
Mrs Janet Dixon
Director
29th August 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hendriksen Industrial Flooring Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03662742 . The registered office is Unit 13, Bladen Street Industrial Estate, Jarrow, Tyne and Wear, NE32 3HN.
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 10 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% RB
Computer Equipment 25% SL
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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
2Average number of employees, including directors, during the period was: 1 (2024: 2)
1 2
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4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2024 45,000
As at 31 August 2024 45,000
Amortisation
As at 1 February 2024 40,500
Provided during the period 2,625
As at 31 August 2024 43,125
Net Book Value
As at 31 August 2024 1,875
As at 1 February 2024 4,500
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 February 2024 325,804 2,102 327,906
Additions 268,348 - 268,348
Disposals (53,090 ) - (53,090 )
As at 31 August 2024 541,062 2,102 543,164
Depreciation
As at 1 February 2024 71,666 2,102 73,768
Provided during the period 42,061 - 42,061
Disposals (11,461 ) - (11,461 )
As at 31 August 2024 102,266 2,102 104,368
Net Book Value
As at 31 August 2024 438,796 - 438,796
As at 1 February 2024 254,138 - 254,138
6. Stocks
31 August 2024 31 January 2024
£ £
Work in progress 32,155 -
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7. Debtors
31 August 2024 31 January 2024
£ £
Due within one year
Trade debtors 94,934 164,247
Prepayments and accrued income 3,667 -
Other debtors 31,109 22,548
Intercompany loan 88,366 159,151
VAT 78,491 39,904
296,567 385,850
8. Creditors: Amounts Falling Due Within One Year
31 August 2024 31 January 2024
£ £
Net obligations under finance lease and hire purchase contracts 111,695 57,925
Trade creditors 36,384 50,349
Bank loans and overdrafts 99,783 99,783
Other taxes and social security 4,477 4,563
Accruals and deferred income 4,279 4,260
Director's loan account - 2,591
256,618 219,471
9. Creditors: Amounts Falling Due After More Than One Year
31 August 2024 31 January 2024
£ £
Net obligations under finance lease and hire purchase contracts 307,029 174,209
Bank loans 28,546 86,753
335,575 260,962
10. Obligations Under Finance Leases and Hire Purchase
31 August 2024 31 January 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 144,700 75,867
Later than one year and not later than five years 403,112 228,129
547,812 303,996
Less: Finance charges allocated to future periods 129,088 71,862
418,724 232,134
11. Share Capital
31 August 2024 31 January 2024
£ £
Allotted, Called up and fully paid 2 2
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