Acorah Software Products - Accounts Production 16.5.460 false true 31 May 2024 1 June 2023 false 1 June 2024 30 June 2025 30 June 2025 11363283 Mr Hassan Kafali Mr Mevlit Sulo Mr Yusuf Sulo Mr Mevlit Sulo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11363283 2024-05-31 11363283 2025-06-30 11363283 2024-06-01 2025-06-30 11363283 frs-core:CurrentFinancialInstruments 2025-06-30 11363283 frs-core:Non-currentFinancialInstruments 2025-06-30 11363283 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-06-30 11363283 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-01 2025-06-30 11363283 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 11363283 frs-core:ShareCapital 2025-06-30 11363283 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 11363283 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-06-30 11363283 frs-bus:FilletedAccounts 2024-06-01 2025-06-30 11363283 frs-bus:SmallEntities 2024-06-01 2025-06-30 11363283 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-06-30 11363283 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-06-30 11363283 frs-bus:Director1 2024-06-01 2025-06-30 11363283 frs-bus:Director2 2024-06-01 2025-06-30 11363283 frs-bus:Director3 2024-06-01 2025-06-30 11363283 frs-bus:CompanySecretary1 2024-06-01 2025-06-30 11363283 frs-countries:EnglandWales 2024-06-01 2025-06-30 11363283 2023-05-31 11363283 2024-05-31 11363283 2023-06-01 2024-05-31 11363283 frs-core:CurrentFinancialInstruments 2024-05-31 11363283 frs-core:Non-currentFinancialInstruments 2024-05-31 11363283 frs-core:ShareCapital 2024-05-31 11363283 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 11363283
HYM DEVELOPMENT LTD
Unaudited Financial Statements
For the Period 1 June 2024 to 30 June 2025
ELM Partners
Chartered Certified Accountants & Registered Auditors
Southgate Offie Village
286a Chase Road
Soutghate
London
N14 6HF
HYM DEVELOPMENT LTD
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
HYM DEVELOPMENT LTD
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 11363283

| 30 June 2025 | 31 May 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | - |  | 473,747
|  |  | - |  | 473,747
CURRENT ASSETS
Debtors | 5 | 1,520 |  | - |
Cash at bank and in hand |  | 87,797 |  | 7,278 |
|  | 89,317 |  | 7,278 |
Creditors: Amounts Falling Due Within One Year | 6 | (89,313 ) |  | (120,626 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 4 |  | (113,348 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 4 |  | 360,399
Creditors: Amounts Falling Due After More Than One Year | 7 |  | - |  | (359,610 )
NET ASSETS |  |  | 4 |  | 789
CAPITAL AND RESERVES
Called up share capital | 9 |  | 4 |  | 4
Profit and Loss Account |  |  | - |  | 785
SHAREHOLDERS' FUNDS |  |  | 4 |  | 789

Page 1
Page 2
HYM DEVELOPMENT LTD
Balance Sheet (continued)
As At 30 June 2025
For the period ending 30 June 2025 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 Mevlit Sulo Director
08/09/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
HYM DEVELOPMENT LTD
Notes to the Financial Statements
For the Period 1 June 2024 to 30 June 2025
Notes to the Financial Statements
1. General Information
HYM DEVELOPMENT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11363283 . The registered office is 21 Heronfield, Potters Bar, Herts, EN6 1JA.
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 represents rental income receivable during the year.
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:

Freehold | No depreciation is provided

2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Corporation 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 period was: NIL (2024: NIL)
- -
Page 3
Page 4
HYM DEVELOPMENT LTD
Notes to the Financial Statements (continued)
For the Period 1 June 2024 to 30 June 2025
4. Tangible Assets

| Land & Property
--- | ---
| Freehold
| £
Cost
As at 1 June 2024 | 473,747
Disposals | (473,747 )
As at 30 June 2025 | -
Net Book Value
As at 30 June 2025 | -
As at 1 June 2024 | 473,747

Cost or valuation as at 30 June 2025 represented by:

| Land & Property
--- | ---
| Freehold
| £
| -

5. Debtors

| 30 June 2025 |  | 31 May 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 1,520 |  | -

6. Creditors: Amounts Falling Due Within One Year

| 30 June 2025 |  | 31 May 2024
--- | --- | --- | ---
| £ |  | £
Corporation tax | 10,185 |  | -
Accruals and deferred income | 960 |  | 869
Directors' loan accounts | 78,168 |  | 119,757
| 89,313 |  | 120,626

7. Creditors: Amounts Falling Due After More Than One Year

| 30 June 2025 |  | 31 May 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 359,610

Page 4
Page 5
HYM DEVELOPMENT LTD
Notes to the Financial Statements (continued)
For the Period 1 June 2024 to 30 June 2025
8. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured.
Bank loans are secured by first legal charge over the freehold properties.

| 30 June 2025 |  | 31 May 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | - |  | 359,610

9. Share Capital

| 30 June 2025 |  | 31 May 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 4 |  | 4

10. Related Party Transactions
Included in creditors amount falling due within one year, is an amount of £26,584 (2024: £59,878) due to Mr Hassan Kafali, director of the company. The loan is interest free.
Included in creditors amount falling due within one year, is an amount of £13,292 (2024: £29,939) due to Mr Mevlit Sulo, director of the company. The loan is interest free.
Included in creditors amount falling due within one year, is an amount of £38292 (2024: £29,939) due to Mr Yusuf Sulo, director of the company. The loan is interest free.
Page 5