Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09674586 Mr Ramon Bunce iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09674586 2024-03-31 09674586 2025-03-31 09674586 2024-04-01 2025-03-31 09674586 frs-core:CurrentFinancialInstruments 2025-03-31 09674586 frs-core:Non-currentFinancialInstruments 2025-03-31 09674586 frs-core:BetweenOneFiveYears 2025-03-31 09674586 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 09674586 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 09674586 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 09674586 frs-core:FurnitureFittings 2025-03-31 09674586 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09674586 frs-core:FurnitureFittings 2024-03-31 09674586 frs-core:MotorVehicles 2025-03-31 09674586 frs-core:MotorVehicles 2024-04-01 2025-03-31 09674586 frs-core:MotorVehicles 2024-03-31 09674586 frs-core:WithinOneYear 2025-03-31 09674586 frs-core:ShareCapital 2025-03-31 09674586 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09674586 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09674586 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09674586 frs-bus:SmallEntities 2024-04-01 2025-03-31 09674586 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09674586 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09674586 frs-bus:Director1 2024-04-01 2025-03-31 09674586 frs-countries:EnglandWales 2024-04-01 2025-03-31 09674586 2023-03-31 09674586 2024-03-31 09674586 2023-04-01 2024-03-31 09674586 frs-core:CurrentFinancialInstruments 2024-03-31 09674586 frs-core:Non-currentFinancialInstruments 2024-03-31 09674586 frs-core:BetweenOneFiveYears 2024-03-31 09674586 frs-core:WithinOneYear 2024-03-31 09674586 frs-core:ShareCapital 2024-03-31 09674586 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09674586
Hi-Tec Washrooms Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
TaxAssist Accountants
64 Southwark Bridge Road
London
SE1 0AS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09674586
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,311 2,624
Tangible Assets 5 34,188 989
35,499 3,613
CURRENT ASSETS
Stocks 6 29,696 15,639
Debtors 7 313,902 360,044
Cash at bank and in hand 96,649 195
440,247 375,878
Creditors: Amounts Falling Due Within One Year 8 (397,039 ) (365,370 )
NET CURRENT ASSETS (LIABILITIES) 43,208 10,508
TOTAL ASSETS LESS CURRENT LIABILITIES 78,707 14,121
Creditors: Amounts Falling Due After More Than One Year 9 (42,149 ) (33,134 )
NET ASSETS/(LIABILITIES) 36,558 (19,013 )
CAPITAL AND RESERVES
Called up share capital 11 2 2
Profit and Loss Account 36,556 (19,015 )
SHAREHOLDERS' FUNDS 36,558 (19,013)
Page 1
Page 2
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
Mr Ramon Bunce
Director
31 October 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hi-Tec Washrooms Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09674586 . The registered office is 64, Southwark Bridge Road, London, SE1 0AS.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.4. 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:
Motor Vehicles 25% RBM
Fixtures & Fittings 25% RBM
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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.
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:  7 (2024: 7)
7 7
4. Intangible Assets
Development Costs
£
Cost
As at 1 April 2024 5,250
As at 31 March 2025 5,250
Amortisation
As at 1 April 2024 2,626
Provided during the period 1,313
As at 31 March 2025 3,939
Net Book Value
As at 31 March 2025 1,311
As at 1 April 2024 2,624
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5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 44,201 19,047 63,248
Additions 41,163 3,734 44,897
Disposals (44,201 ) - (44,201 )
As at 31 March 2025 41,163 22,781 63,944
Depreciation
As at 1 April 2024 44,201 18,058 62,259
Provided during the period 10,291 1,407 11,698
Disposals (44,201 ) - (44,201 )
As at 31 March 2025 10,291 19,465 29,756
Net Book Value
As at 31 March 2025 30,872 3,316 34,188
As at 1 April 2024 - 989 989
6. Stocks
2025 2024
£ £
Finished goods 29,696 15,639
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 18,442 95,732
Other debtors 229,985 204,222
248,427 299,954
Due after more than one year
Other debtors 65,475 60,090
313,902 360,044
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 7,137 3,475
Trade creditors 83,749 69,089
Bank loans and overdrafts 81,976 74,008
Other creditors 94,506 142,068
Taxation and social security 129,671 76,730
397,039 365,370
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9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 31,365 9,861
Bank loans 10,784 23,273
42,149 33,134
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 7,137 3,475
Later than one year and not later than five years 31,365 9,861
38,502 13,336
38,502 13,336
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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