Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10052703 Mr Jon Edwards Mr Philip Cox Mr Mark Maloney Mr Adam Round iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10052703 2024-03-31 10052703 2025-03-31 10052703 2024-04-01 2025-03-31 10052703 frs-core:CurrentFinancialInstruments 2025-03-31 10052703 frs-core:Non-currentFinancialInstruments 2025-03-31 10052703 frs-core:ComputerEquipment 2025-03-31 10052703 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10052703 frs-core:ComputerEquipment 2024-03-31 10052703 frs-core:FurnitureFittings 2025-03-31 10052703 frs-core:FurnitureFittings 2024-04-01 2025-03-31 10052703 frs-core:FurnitureFittings 2024-03-31 10052703 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 10052703 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 10052703 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 10052703 frs-core:PlantMachinery 2025-03-31 10052703 frs-core:PlantMachinery 2024-04-01 2025-03-31 10052703 frs-core:PlantMachinery 2024-03-31 10052703 frs-core:ShareCapital 2025-03-31 10052703 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10052703 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10052703 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10052703 frs-bus:SmallEntities 2024-04-01 2025-03-31 10052703 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10052703 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10052703 frs-bus:Director1 2024-04-01 2025-03-31 10052703 frs-bus:Director2 2024-04-01 2025-03-31 10052703 frs-bus:Director3 2024-04-01 2025-03-31 10052703 frs-bus:Director4 2024-04-01 2025-03-31 10052703 frs-core:CurrentFinancialInstruments 1 2025-03-31 10052703 frs-countries:EnglandWales 2024-04-01 2025-03-31 10052703 2023-03-31 10052703 2024-03-31 10052703 2023-04-01 2024-03-31 10052703 frs-core:CurrentFinancialInstruments 2024-03-31 10052703 frs-core:Non-currentFinancialInstruments 2024-03-31 10052703 frs-core:ShareCapital 2024-03-31 10052703 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10052703 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 10052703
Hop and Fizz Ltd
Financial Statements
For The Year Ended 31 March 2025
ADC Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10052703
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 259,207 159,059
259,207 159,059
CURRENT ASSETS
Stocks 5 5,725 5,249
Debtors 6 23,534 32,851
Cash at bank and in hand 71,694 52,786
100,953 90,886
Creditors: Amounts Falling Due Within One Year 7 (124,151 ) (86,377 )
NET CURRENT ASSETS (LIABILITIES) (23,198 ) 4,509
TOTAL ASSETS LESS CURRENT LIABILITIES 236,009 163,568
Creditors: Amounts Falling Due After More Than One Year 8 (9,181 ) (22,829 )
NET ASSETS 226,828 140,739
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 226,728 140,639
SHAREHOLDERS' FUNDS 226,828 140,739
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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 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 Philip Cox
Director
15/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hop and Fizz Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10052703 . The registered office is 15 Market Street, Standish, Wigan, Lancashire, WN6 0HW.
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. 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:
Leasehold 0%
Plant & Machinery 25%
Fixtures & Fittings 25%
Computer Equipment 25%
2.4. 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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2.5. 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: 24 (2024: 22)
24 22
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 139,163 27,016 35,763 787 202,729
Additions 92,952 4,182 11,005 - 108,139
As at 31 March 2025 232,115 31,198 46,768 787 310,868
Depreciation
As at 1 April 2024 - 19,160 23,971 539 43,670
Provided during the period - 3,010 4,919 62 7,991
As at 31 March 2025 - 22,170 28,890 601 51,661
...CONTINUED
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Net Book Value
As at 31 March 2025 232,115 9,028 17,878 186 259,207
As at 1 April 2024 139,163 7,856 11,792 248 159,059
5. Stocks
2025 2024
£ £
Stock 5,725 5,249
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 21,294 32,025
Wages Control A/C 2,225 811
Directors' loan accounts 15 15
23,534 32,851
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 42,932 15,529
Corporation tax 21,845 25,454
Other taxes and social security 11,372 5,886
VAT 46,651 38,124
Pensions Payable 826 859
Accruals and deferred income 525 525
124,151 86,377
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans (Long term liabilities - creditors > 1 year) 9,181 22,829
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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