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 08283808 Ms Katherine Beaumont Mr James Meehan Katherine Beaumont false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08283808 2023-12-31 08283808 2024-12-31 08283808 2024-01-01 2024-12-31 08283808 frs-core:CurrentFinancialInstruments 2024-12-31 08283808 frs-core:ComputerEquipment 2024-12-31 08283808 frs-core:ComputerEquipment 2024-01-01 2024-12-31 08283808 frs-core:ComputerEquipment 2023-12-31 08283808 frs-core:FurnitureFittings 2024-12-31 08283808 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08283808 frs-core:FurnitureFittings 2023-12-31 08283808 frs-core:PlantMachinery 2024-12-31 08283808 frs-core:PlantMachinery 2024-01-01 2024-12-31 08283808 frs-core:PlantMachinery 2023-12-31 08283808 frs-core:ShareCapital 2024-12-31 08283808 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08283808 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08283808 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08283808 frs-bus:SmallEntities 2024-01-01 2024-12-31 08283808 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08283808 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08283808 1 2024-01-01 2024-12-31 08283808 frs-bus:Director1 2024-01-01 2024-12-31 08283808 frs-bus:Director1 2023-12-31 08283808 frs-bus:Director1 2024-12-31 08283808 frs-bus:Director2 2024-01-01 2024-12-31 08283808 frs-bus:Director2 2023-12-31 08283808 frs-bus:Director2 2024-12-31 08283808 frs-core:CurrentFinancialInstruments 1 2024-12-31 08283808 frs-countries:EnglandWales 2024-01-01 2024-12-31 08283808 2022-12-31 08283808 2023-12-31 08283808 2023-01-01 2023-12-31 08283808 frs-core:CurrentFinancialInstruments 2023-12-31 08283808 frs-core:ShareCapital 2023-12-31 08283808 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08283808 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 08283808
Kate Beaumont Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Hodgson Finance Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08283808
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,625 2,834
1,625 2,834
CURRENT ASSETS
Stocks 5 4,973 9,438
Debtors 6 2,057 8,754
Cash at bank and in hand 31,742 17,049
38,772 35,241
Creditors: Amounts Falling Due Within One Year 7 (12,521 ) (14,732 )
NET CURRENT ASSETS (LIABILITIES) 26,251 20,509
TOTAL ASSETS LESS CURRENT LIABILITIES 27,876 23,343
NET ASSETS 27,876 23,343
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 27,776 23,243
SHAREHOLDERS' FUNDS 27,876 23,343
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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 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
Ms Katherine Beaumont
Director
24/09/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Kate Beaumont Limited Registered number 08283808 is a limited by shares company incorporated in England & Wales. The Registered Office is Beehive Works, Milton Street, Sheffield, South Yorkshire, S3 7WL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 25% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 33% Straight Line
2.4. 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.
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 year 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 asset reflects 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.
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2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Manufacturing - 1
1 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 2,169 5,902 1,000 9,071
As at 31 December 2024 2,169 5,902 1,000 9,071
Depreciation
As at 1 January 2024 791 4,696 750 6,237
Provided during the period 396 563 250 1,209
As at 31 December 2024 1,187 5,259 1,000 7,446
Net Book Value
As at 31 December 2024 982 643 - 1,625
As at 1 January 2024 1,378 1,206 250 2,834
5. Stocks
2024 2023
£ £
Stock 4,973 9,438
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 474
Prepayments and accrued income 1,916 2,516
Other taxes and social security 141 500
Directors' loan accounts - 5,264
2,057 8,754
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 387 3,143
Corporation tax 2,754 1,812
Other creditors - Current 74 74
Accruals and deferred income 8,570 9,703
Directors' loan accounts 736 -
12,521 14,732
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Ms Katherine Beaumont 4,059 - 4,059 - -
Mr James Meehan 1,205 - 1,205 - -
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors
2024 2023
£ £
Ms Katherine Beaumont 3,060 1,020
Mr James Meehan 2,940 980
10. Controlling Party
The company's controlling party is Katherine Beaumont by virtue of her ownership of 51% of the issued share capital in the company.
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