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 SC531509 Mr Daniel Campbell Mr Graham Campbell Mr Simon Martin Mr David McCue iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC531509 2024-03-31 SC531509 2025-03-31 SC531509 2024-04-01 2025-03-31 SC531509 frs-core:CurrentFinancialInstruments 2025-03-31 SC531509 frs-core:Non-currentFinancialInstruments 2025-03-31 SC531509 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 SC531509 frs-core:OtherResidualIntangibleAssets 2025-03-31 SC531509 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 SC531509 frs-core:OtherResidualIntangibleAssets 2024-03-31 SC531509 frs-core:PlantMachinery 2025-03-31 SC531509 frs-core:PlantMachinery 2024-04-01 2025-03-31 SC531509 frs-core:PlantMachinery 2024-03-31 SC531509 frs-core:SharePremium 2025-03-31 SC531509 frs-core:ShareCapital 2025-03-31 SC531509 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC531509 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC531509 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC531509 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC531509 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC531509 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC531509 frs-bus:Director1 2024-04-01 2025-03-31 SC531509 frs-bus:Director2 2024-04-01 2025-03-31 SC531509 frs-bus:Director3 2024-04-01 2025-03-31 SC531509 frs-bus:Director4 2024-04-01 2025-03-31 SC531509 frs-core:CurrentFinancialInstruments 1 2025-03-31 SC531509 frs-countries:Scotland 2024-04-01 2025-03-31 SC531509 2023-03-31 SC531509 2024-03-31 SC531509 2023-04-01 2024-03-31 SC531509 frs-core:CurrentFinancialInstruments 2024-03-31 SC531509 frs-core:Non-currentFinancialInstruments 2024-03-31 SC531509 frs-core:SharePremium 2024-03-31 SC531509 frs-core:ShareCapital 2024-03-31 SC531509 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC531509 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: SC531509
Hoko Design Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
D Napier Accountancy
ACCA
Office 2, 30/2 Eskbank Office Complex
Hardengreen Industrial Estate
Dalkeith
EH22 3NX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC531509
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,840 2,760
Tangible Assets 5 15,620 36,833
17,460 39,593
CURRENT ASSETS
Debtors 6 54,820 56,172
Cash at bank and in hand 24,173 106,692
78,993 162,864
Creditors: Amounts Falling Due Within One Year 7 (112,842 ) (113,410 )
NET CURRENT ASSETS (LIABILITIES) (33,849 ) 49,454
TOTAL ASSETS LESS CURRENT LIABILITIES (16,389 ) 89,047
Creditors: Amounts Falling Due After More Than One Year 8 (45,275 ) (69,885 )
NET (LIABILITIES)/ASSETS (61,664 ) 19,162
CAPITAL AND RESERVES
Called up share capital 9 3 3
Share premium account 713,886 673,886
Profit and Loss Account (775,553 ) (654,727 )
SHAREHOLDERS' FUNDS (61,664) 19,162
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 Daniel Campbell
Director
15th September 2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Hoko Design Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC531509 . The registered office is 100 Main Street, Lower Largo, Leven, Fife, KY8 6BP.
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 - Other Intangible
Other intangible assets are amortised to the 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 20-33% Reducing Balance
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 23)
10 23
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 4,600
As at 31 March 2025 4,600
Amortisation
As at 1 April 2024 1,840
Provided during the period 920
As at 31 March 2025 2,760
Net Book Value
As at 31 March 2025 1,840
As at 1 April 2024 2,760
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5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 140,378
Additions 7,404
As at 31 March 2025 147,782
Depreciation
As at 1 April 2024 103,545
Provided during the period 28,617
As at 31 March 2025 132,162
Net Book Value
As at 31 March 2025 15,620
As at 1 April 2024 36,833
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 40,324 32,179
Prepayments and accrued income 14,496 12,101
Other debtors - 11,892
54,820 56,172
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 35,072 58,384
Bank loans and overdrafts 14,750 20,836
Other taxes and social security 9,637 9,570
VAT 21,463 22,024
Other creditors (1) 1,214 1,620
Accruals and deferred income 14,164 975
Directors' loan accounts 16,542 1
112,842 113,410
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 45,275 69,885
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
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