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 06445547 Matthew Houghton Sean Hughes David Huyton Matthew Houghton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06445547 2023-12-31 06445547 2024-12-31 06445547 2024-01-01 2024-12-31 06445547 frs-core:CurrentFinancialInstruments 2024-12-31 06445547 frs-core:Non-currentFinancialInstruments 2024-12-31 06445547 frs-core:ComputerEquipment 2024-12-31 06445547 frs-core:ComputerEquipment 2024-01-01 2024-12-31 06445547 frs-core:ComputerEquipment 2023-12-31 06445547 frs-core:FurnitureFittings 2024-12-31 06445547 frs-core:FurnitureFittings 2024-01-01 2024-12-31 06445547 frs-core:FurnitureFittings 2023-12-31 06445547 frs-core:PlantMachinery 2024-12-31 06445547 frs-core:PlantMachinery 2024-01-01 2024-12-31 06445547 frs-core:PlantMachinery 2023-12-31 06445547 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06445547 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 06445547 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 06445547 frs-bus:SmallEntities 2024-01-01 2024-12-31 06445547 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06445547 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06445547 frs-bus:Director1 2024-01-01 2024-12-31 06445547 frs-bus:Director2 2024-01-01 2024-12-31 06445547 frs-bus:Director3 2024-01-01 2024-12-31 06445547 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 06445547 frs-countries:EnglandWales 2024-01-01 2024-12-31 06445547 2022-12-31 06445547 2023-12-31 06445547 2023-01-01 2023-12-31 06445547 frs-core:CurrentFinancialInstruments 2023-12-31 06445547 frs-core:Non-currentFinancialInstruments 2023-12-31 06445547 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 06445547
Hype (Merseyside) Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Adding Value Consultancy Ltd
Studio 21, Bluecoat Chambers
School Lane
Liverpool
L1 3BX
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 06445547
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,943 7,056
15,943 7,056
CURRENT ASSETS
Debtors 5 5,095 -
Cash at bank and in hand 87,603 98,897
92,698 98,897
Creditors: Amounts Falling Due Within One Year 6 (79,106 ) (48,439 )
NET CURRENT ASSETS (LIABILITIES) 13,592 50,458
TOTAL ASSETS LESS CURRENT LIABILITIES 29,535 57,514
Creditors: Amounts Falling Due After More Than One Year 7 (17,357 ) (15,500 )
NET ASSETS 12,178 42,014
Income and Expenditure Account 12,178 42,014
MEMBERS' FUNDS 12,178 42,014
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 Income and Expenditure Account.
On behalf of the board
Matthew Houghton
Director
30th September 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Hype (Merseyside) Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 06445547 . The registered office is South Lodge Birkenhead Park Grand Entrance, Park Road North, Birkenhead, Merseyside, CH41 4HD.
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 reducing balance at 20% per annum
Fixtures & Fittings reducing balance at 20% per annum
Computer Equipment reducing balance at 20% per annum
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 surplus for the year. Taxable surplus differs from surplus 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 surplus. 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 surplus 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 surplus 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 surplus or deficit 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.
Page 2
Page 3
2.5. Government Grant
Government grants are recognised in the income and expenditure 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 income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure 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 income and expenditure account over the useful life of the asset concerned.
All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 9)
10 9
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 9,609 5,861 1,613 17,083
Additions 9,900 2,973 - 12,873
As at 31 December 2024 19,509 8,834 1,613 29,956
Depreciation
As at 1 January 2024 4,172 4,771 1,084 10,027
Provided during the period 3,067 813 106 3,986
As at 31 December 2024 7,239 5,584 1,190 14,013
Net Book Value
As at 31 December 2024 12,270 3,250 423 15,943
As at 1 January 2024 5,437 1,090 529 7,056
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,095 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 641
Other creditors 15,000 -
Taxation and social security 64,106 47,798
79,106 48,439
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 17,357 15,500
Page 3
Page 4
8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
9. Nattional Lottery Grant Income
During the year, the company received grant funding from The National Lottery Community Fund (the Fund). The total amount received in the period was £105,150, which was provided to support the following projects:
  • HYPE’s Central Park Hub in Liscard is a Satellite Family Hub delivering a year-round weekly Youthy clubs (7–11, 11–16), creative arts, girls’ boxing, early-years Little Park Explorers, Family Fun & Food, HAF holiday clubs and local trips build belonging and wellbeing.
  • HYPE Urban Bikes adds learn-to-ride, women/family rides, pump-track coaching, Dr Bike and recycle-to-ride. Clear progression moves participants from attendance to micro-volunteering and badges/accreditations.
This grant is recognised within “Other operating income” in accordance with the company’s accounting policy for grant income. The funding is subject to certain conditions as set out in the grant agreement, including restrictions on its use for the designated project and compliance with reporting requirements to the Fund.
As at year end, £0 of the grant had not yet been spent and is carried as deferred income. No unfulfilled conditions or contingencies existed at the balance sheet date, except as disclosed.
Page 4