Acorah Software Products - Accounts Production 16.6.920 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11738792 Miss L C Finnih Mr A J Hodson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11738792 2024-03-31 11738792 2025-03-31 11738792 2024-04-01 2025-03-31 11738792 frs-core:CurrentFinancialInstruments 2025-03-31 11738792 frs-core:ComputerEquipment 2025-03-31 11738792 frs-core:ComputerEquipment 2024-04-01 2025-03-31 11738792 frs-core:ComputerEquipment 2024-03-31 11738792 frs-core:MotorVehicles 2025-03-31 11738792 frs-core:MotorVehicles 2024-04-01 2025-03-31 11738792 frs-core:MotorVehicles 2024-03-31 11738792 frs-core:ShareCapital 2025-03-31 11738792 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11738792 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11738792 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11738792 frs-bus:SmallEntities 2024-04-01 2025-03-31 11738792 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11738792 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11738792 frs-bus:Director1 2024-04-01 2025-03-31 11738792 frs-bus:Director2 2024-04-01 2025-03-31 11738792 frs-countries:EnglandWales 2024-04-01 2025-03-31 11738792 2023-03-31 11738792 2024-03-31 11738792 2023-04-01 2024-03-31 11738792 frs-core:CurrentFinancialInstruments 2024-03-31 11738792 frs-core:ShareCapital 2024-03-31 11738792 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11738792
Hodfin Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Hodfin Limited
Contents
Contents

| Page
--- | ---
Accountant's Report | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—6

Page 1
Hodfin Limited
Accountant's Report
For The Year Ended 31 March 2025
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Hodfin Limited For The Year Ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Hodfin Limited For The Year Ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Hodfin Limited , as a body, in accordance with the terms of our engagement letter dated 26 February 2025. Our work has been undertaken solely to prepare for your approval the accounts of Hodfin Limited and state those matters that we have agreed to state to the directors of Hodfin Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hodfin Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Hodfin Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Hodfin Limited . You consider that Hodfin Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Hodfin Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Signed
ERC Accountants and Business Advisers Limited
6 November 2025

ERC Accountants & Business Advisers Limited
Chartered Accountants
Hanover Buildings, 11-13 Hanover Street
Liverpool
Merseyside
L1 3DN
Page 1
Page 2
Hodfin Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 11738792

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,964 |  | 1,917
|  |  | 2,964 |  | 1,917
CURRENT ASSETS
Debtors | 5 | 146,956 |  | 189,408 |
Cash at bank and in hand |  | 27,618 |  | 132,064 |
|  | 174,574 |  | 321,472 |
Creditors: Amounts Falling Due Within One Year | 6 | (20,459 ) |  | (67,542 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 154,115 |  | 253,930
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 157,079 |  | 255,847
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (741 ) |  | (479 )
NET ASSETS |  |  | 156,338 |  | 255,368
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Profit and Loss Account |  |  | 156,238 |  | 255,268
SHAREHOLDERS' FUNDS |  |  | 156,338 |  | 255,368

Page 2
Page 3
Hodfin Limited
Balance Sheet (continued)
As At 31 March 2025
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 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

Miss L C Finnih Director
6 November 2025

The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Hodfin Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Hodfin Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11738792 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
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.
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 assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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:

Motor vehicles | 20% Straight line
Computer equipment | 33% Straight line

2.4. Investment Properties
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.
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. Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
2.6. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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Page 5
Hodfin Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets

| Motor vehicles | Computer equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2024 | 800 | 12,542 | 13,342
Additions | - | 1,908 | 1,908
Disposals | - | (1,738 ) | (1,738 )
As at 31 March 2025 | 800 | 12,712 | 13,512
Depreciation
As at 1 April 2024 | 800 | 10,625 | 11,425
Provided during the period | - | 861 | 861
Disposals | - | (1,738 ) | (1,738 )
As at 31 March 2025 | 800 | 9,748 | 10,548
Net Book Value
As at 31 March 2025 | - | 2,964 | 2,964
As at 1 April 2024 | - | 1,917 | 1,917

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 13,171 |  | 30,941
Other debtors | 133,785 |  | 158,467
| 146,956 |  | 189,408

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 1,452 |  | 986
Other creditors | 2,453 |  | 2,321
Taxation and social security | 16,554 |  | 64,235
| 20,459 |  | 67,542

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 5
Page 6
Hodfin Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
8. Directors Advances, Credits and Guarantees
The Directors had a brought forward advance from the company of £144,211. They received interest free advances during the year totalling £136,260 (2024: £133,652) and repaid amounts totalling £147,101 (2024: £84,513). All advances are repayable on demand. The advance carried forward is £133,371.
9. Related Party Transactions
The following related party transactions were undertaken during the year:
A director withdrew amounts from the company totalling £67,986 (2024: £60,243) and introduced amounts to the company totalling £101,400 (2024: £41,000). At the balance sheet date the amount receivable was £67,900 (2024: £101,314).
A director withdrew amounts from the company totalling £68,274 (2024: £73,409) and introduced amounts to the company totalling £45,701 (2024: £43,513). At the balance sheet date the amount receivable was £65,470 (2024: £42,897).
Dividends were paid to the directors in respect of their shareholdings totalling £144,300 (2024: £82,000).
The aggregate remuneration paid to key management personnel for the year was £18,200 (2024: £18,200).
No further transactions with related parties were undertaken, other than those under normal market conditions, such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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