Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09976397 Mr Ionut-Paul Tudurache iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09976397 2023-12-31 09976397 2024-12-31 09976397 2024-01-01 2024-12-31 09976397 frs-core:CurrentFinancialInstruments 2024-12-31 09976397 frs-core:Non-currentFinancialInstruments 2024-12-31 09976397 frs-core:ComputerEquipment 2024-12-31 09976397 frs-core:ComputerEquipment 2024-01-01 2024-12-31 09976397 frs-core:ComputerEquipment 2023-12-31 09976397 frs-core:MotorVehicles 2024-12-31 09976397 frs-core:MotorVehicles 2024-01-01 2024-12-31 09976397 frs-core:MotorVehicles 2023-12-31 09976397 frs-core:PlantMachinery 2024-12-31 09976397 frs-core:PlantMachinery 2024-01-01 2024-12-31 09976397 frs-core:PlantMachinery 2023-12-31 09976397 frs-core:ShareCapital 2024-12-31 09976397 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09976397 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09976397 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09976397 frs-bus:SmallEntities 2024-01-01 2024-12-31 09976397 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09976397 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09976397 frs-bus:Director1 2024-01-01 2024-12-31 09976397 frs-countries:EnglandWales 2024-01-01 2024-12-31 09976397 2022-12-31 09976397 2023-12-31 09976397 2023-01-01 2023-12-31 09976397 frs-core:CurrentFinancialInstruments 2023-12-31 09976397 frs-core:Non-currentFinancialInstruments 2023-12-31 09976397 frs-core:ShareCapital 2023-12-31 09976397 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09976397
HALLEN LOGISTICS LTD
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09976397
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 187,808 93,766
187,808 93,766
CURRENT ASSETS
Debtors 5 146,967 87,254
Cash at bank and in hand 8,688 21,892
155,655 109,146
Creditors: Amounts Falling Due Within One Year 6 (69,199 ) (8,538 )
NET CURRENT ASSETS (LIABILITIES) 86,456 100,608
TOTAL ASSETS LESS CURRENT LIABILITIES 274,264 194,374
Creditors: Amounts Falling Due After More Than One Year 7 (181,562 ) (121,334 )
NET ASSETS 92,702 73,040
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 92,701 73,039
SHAREHOLDERS' FUNDS 92,702 73,040
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Page 2
For the year ending 31 December 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 his 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 Ionut-Paul Tudurache
Director
22/09/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
HALLEN LOGISTICS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09976397 . The registered office is 45 Doulton Close, Swindon, SN25 2FT.
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:
Plant & Machinery 18
Motor Vehicles 18
Computer Equipment 18
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.
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 2 (2023: 2)
2 2
Page 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 - 121,950 1,444 123,394
Additions 79,950 34,995 - 114,945
As at 31 December 2024 79,950 156,945 1,444 238,339
Depreciation
As at 1 January 2024 - 29,368 260 29,628
Provided during the period 14,391 6,299 213 20,903
As at 31 December 2024 14,391 35,667 473 50,531
Net Book Value
As at 31 December 2024 65,559 121,278 971 187,808
As at 1 January 2024 - 92,582 1,184 93,766
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 85,252 -
Prepayments and accrued income - (7,165 )
VAT 13,394 -
Director's loan account - 46,098
98,646 38,933
Due after more than one year
VAT 48,321 48,321
146,967 87,254
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 47,703 (17,231 )
Bank loans and overdrafts 3,472 5,033
Corporation tax 9,524 -
VAT - 3,236
Other creditors 8,500 8,500
Accruals and deferred income - 9,000
69,199 8,538
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 166,562 121,334
Other loans 15,000 -
181,562 121,334
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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