Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 05836136 Mr G Rich iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05836136 2024-03-31 05836136 2025-03-31 05836136 2024-04-01 2025-03-31 05836136 frs-core:CurrentFinancialInstruments 2025-03-31 05836136 frs-core:PlantMachinery 2025-03-31 05836136 frs-core:PlantMachinery 2024-04-01 2025-03-31 05836136 frs-core:PlantMachinery 2024-03-31 05836136 frs-core:ShareCapital 2025-03-31 05836136 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05836136 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05836136 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 05836136 frs-bus:SmallEntities 2024-04-01 2025-03-31 05836136 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05836136 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05836136 frs-bus:Director1 2024-04-01 2025-03-31 05836136 frs-countries:EnglandWales 2024-04-01 2025-03-31 05836136 2023-03-31 05836136 2024-03-31 05836136 2023-04-01 2024-03-31 05836136 frs-core:CurrentFinancialInstruments 2024-03-31 05836136 frs-core:ShareCapital 2024-03-31 05836136 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 05836136
Highways Plant Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 05836136
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,698 85,260
22,698 85,260
CURRENT ASSETS
Debtors 5 215,943 218,241
Cash at bank and in hand 77,056 62,935
292,999 281,176
Creditors: Amounts Falling Due Within One Year 6 (48,099 ) (54,472 )
NET CURRENT ASSETS (LIABILITIES) 244,900 226,704
TOTAL ASSETS LESS CURRENT LIABILITIES 267,598 311,964
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,313 ) (13,682 )
NET ASSETS 263,285 298,282
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Income Statement 262,285 297,282
SHAREHOLDERS' FUNDS 263,285 298,282
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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 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 Income Statement.
On behalf of the board
Mr G Rich
Director
3 October 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Highways Plant Limited Registered number 05836136 is a limited by shares company incorporated in England & Wales. The Registered Office is 2 Bodvean Court, Trethellan Hill, Newquay, Cornwall, TR7 1SB.
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
The turnover shown in the profit and loss account represents amount invoiced during the year, exclusive of Value Added Tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% reducing balance basis
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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 642,474
Disposals (301,223 )
As at 31 March 2025 341,251
Depreciation
As at 1 April 2024 557,214
Provided during the period 4,560
Disposals (243,221 )
As at 31 March 2025 318,553
Net Book Value
As at 31 March 2025 22,698
As at 1 April 2024 85,260
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 214,943 217,241
Other debtors 1,000 1,000
215,943 218,241
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 1,034 974
Taxation and social security 47,065 53,498
48,099 54,472
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
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