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 09920224 Alexander Sparrow iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09920224 2024-03-31 09920224 2025-03-31 09920224 2024-04-01 2025-03-31 09920224 frs-core:CurrentFinancialInstruments 2025-03-31 09920224 frs-core:Non-currentFinancialInstruments 2025-03-31 09920224 frs-core:ComputerEquipment 2025-03-31 09920224 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09920224 frs-core:ComputerEquipment 2024-03-31 09920224 frs-core:FurnitureFittings 2025-03-31 09920224 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09920224 frs-core:FurnitureFittings 2024-03-31 09920224 frs-core:MotorVehicles 2025-03-31 09920224 frs-core:MotorVehicles 2024-04-01 2025-03-31 09920224 frs-core:MotorVehicles 2024-03-31 09920224 frs-core:PlantMachinery 2025-03-31 09920224 frs-core:PlantMachinery 2024-04-01 2025-03-31 09920224 frs-core:PlantMachinery 2024-03-31 09920224 frs-core:WithinOneYear 2025-03-31 09920224 frs-core:ShareCapital 2025-03-31 09920224 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09920224 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09920224 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09920224 frs-bus:SmallEntities 2024-04-01 2025-03-31 09920224 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09920224 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09920224 frs-bus:Director1 2024-04-01 2025-03-31 09920224 frs-bus:Director1 2024-03-31 09920224 frs-bus:Director1 2025-03-31 09920224 frs-countries:EnglandWales 2024-04-01 2025-03-31 09920224 2023-03-31 09920224 2024-03-31 09920224 2023-04-01 2024-03-31 09920224 frs-core:CurrentFinancialInstruments 2024-03-31 09920224 frs-core:Non-currentFinancialInstruments 2024-03-31 09920224 frs-core:WithinOneYear 2024-03-31 09920224 frs-core:ShareCapital 2024-03-31 09920224 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09920224
UK Hempcrete Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09920224
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,598 12,460
15,598 12,460
CURRENT ASSETS
Stocks 5 9,458 17,277
Debtors 6 45,343 12,199
Cash at bank and in hand 53,991 34,089
108,792 63,565
Creditors: Amounts Falling Due Within One Year 7 (95,867 ) (44,451 )
NET CURRENT ASSETS (LIABILITIES) 12,925 19,114
TOTAL ASSETS LESS CURRENT LIABILITIES 28,523 31,574
Creditors: Amounts Falling Due After More Than One Year 8 (24,802 ) (30,430 )
NET ASSETS 3,721 1,144
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 3,621 1,044
SHAREHOLDERS' FUNDS 3,721 1,144
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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 Profit and Loss Account.
On behalf of the board
Alexander Sparrow
Director
17 October 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
UK Hempcrete Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09920224 . The registered office is C/O Vibrant Accountancy, The Mill, Lodge Lane, Derby, DE1 3HB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared in Sterling (£), which is the functional currency of the company. The financial statements are for the year ended 31 March 2025 (2024: year ended 31 March 2024).
The financial statements are prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, 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 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
2.6. Financial Instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and loans from banks. 
All financial assets and liabilities are initially measured at transaction price and subsequently measured at amortised cost. 
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2.7. 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 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 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 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 profit or loss 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.
2.8. 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.
2.9. Government Grant
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
All grants in the profit and loss 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: 2 (2024: 1)
2 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 32,943 1,000 638 21,094 55,675
Additions 1,320 - 420 5,019 6,759
As at 31 March 2025 34,263 1,000 1,058 26,113 62,434
Depreciation
As at 1 April 2024 26,945 834 579 14,857 43,215
Provided during the period 1,704 41 80 1,796 3,621
As at 31 March 2025 28,649 875 659 16,653 46,836
Net Book Value
As at 31 March 2025 5,614 125 399 9,460 15,598
As at 1 April 2024 5,998 166 59 6,237 12,460
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5. Stocks
2025 2024
£ £
Finished goods 9,458 17,277
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 23,729 5,061
Prepayments and accrued income 2,846 3,840
Other debtors 1,920 -
Director's loan account 16,848 3,298
45,343 12,199
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 16,887 25,951
Bank loans and overdrafts 5,952 5,952
Corporation tax 95 1,954
Other taxes and social security 2,136 3,972
VAT 15,608 4,013
Other creditors 337 254
Accruals and deferred income 54,852 2,355
95,867 44,451
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 24,802 30,430
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 4,000 -
4,000 -
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11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Alexander Sparrow 3,298 42,961 (29,412 ) - 16,847
The above loan is unsecured, interest free and repayable on demand.
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