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 09566061 Mr R Henderson Mr G Hodson Mr M Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09566061 2023-12-31 09566061 2024-12-31 09566061 2024-01-01 2024-12-31 09566061 frs-core:CurrentFinancialInstruments 2024-12-31 09566061 frs-core:PlantMachinery 2024-12-31 09566061 frs-core:PlantMachinery 2024-01-01 2024-12-31 09566061 frs-core:PlantMachinery 2023-12-31 09566061 frs-core:ShareCapital 2024-12-31 09566061 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09566061 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09566061 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09566061 frs-bus:SmallEntities 2024-01-01 2024-12-31 09566061 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09566061 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09566061 frs-bus:Director1 2024-01-01 2024-12-31 09566061 frs-bus:Director2 2024-01-01 2024-12-31 09566061 frs-bus:Director3 2024-01-01 2024-12-31 09566061 frs-countries:EnglandWales 2024-01-01 2024-12-31 09566061 2022-12-31 09566061 2023-12-31 09566061 2023-01-01 2023-12-31 09566061 frs-core:CurrentFinancialInstruments 2023-12-31 09566061 frs-core:ShareCapital 2023-12-31 09566061 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09566061
Halsys Ltd.
Unaudited Financial Statements
For The Year Ended 31 December 2024
M A Accountancy Group
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09566061
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 2
- 2
CURRENT ASSETS
Stocks 5 - 19,176
Debtors 6 59,085 33,339
Cash at bank and in hand 119,677 164,660
178,762 217,175
Creditors: Amounts Falling Due Within One Year 7 (18,068 ) (35,772 )
NET CURRENT ASSETS (LIABILITIES) 160,694 181,403
TOTAL ASSETS LESS CURRENT LIABILITIES 160,694 181,405
NET ASSETS 160,694 181,405
CAPITAL AND RESERVES
Called up share capital 8 990 990
Profit and Loss Account 159,704 180,415
SHAREHOLDERS' FUNDS 160,694 181,405
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
Mr G Hodson
Director
17/09/2025
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
Halsys Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 09566061 . The registered office is Unit B5 Dovers Courtyard, Lonesome Lane, Reigate, Surrey, RH2 7QT.
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 20% 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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 6)
6 6
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 34,785
As at 31 December 2024 34,785
Depreciation
As at 1 January 2024 34,783
Provided during the period 2
As at 31 December 2024 34,785
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 2
5. Stocks
2024 2023
£ £
Stock - 19,176
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 53,605 28,681
Other debtors 5,480 4,658
59,085 33,339
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,858 5,952
Other creditors 1,263 12,290
Taxation and social security 9,947 17,530
18,068 35,772
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 990 990
Page 3