Acorah Software Products - Accounts Production 16.8.200 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 03816777 Mr H R Dewar true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03816777 2023-12-31 03816777 2024-12-31 03816777 2024-01-01 2024-12-31 03816777 frs-core:CurrentFinancialInstruments 2024-12-31 03816777 frs-core:Non-currentFinancialInstruments 2024-12-31 03816777 frs-core:ComputerEquipment 2024-12-31 03816777 frs-core:ComputerEquipment 2024-01-01 2024-12-31 03816777 frs-core:ComputerEquipment 2023-12-31 03816777 frs-core:NetGoodwill 2024-12-31 03816777 frs-core:NetGoodwill 2024-01-01 2024-12-31 03816777 frs-core:NetGoodwill 2023-12-31 03816777 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 03816777 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 03816777 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 03816777 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 03816777 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03816777 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 03816777 frs-core:PlantMachinery 2024-12-31 03816777 frs-core:PlantMachinery 2024-01-01 2024-12-31 03816777 frs-core:PlantMachinery 2023-12-31 03816777 frs-core:ShareCapital 2024-12-31 03816777 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03816777 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03816777 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03816777 frs-bus:SmallEntities 2024-01-01 2024-12-31 03816777 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03816777 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03816777 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 03816777 frs-bus:OrdinaryShareClass1 2024-12-31 03816777 1 2024-01-01 2024-12-31 03816777 frs-core:DeferredTaxation 2024-01-01 2024-12-31 03816777 frs-core:DeferredTaxation 2023-12-31 03816777 frs-core:DeferredTaxation 2024-12-31 03816777 frs-bus:Director1 2024-01-01 2024-12-31 03816777 frs-bus:Director1 2023-12-31 03816777 frs-bus:Director1 2024-12-31 03816777 frs-countries:EnglandWales 2024-01-01 2024-12-31 03816777 2022-12-31 03816777 2023-12-31 03816777 2023-01-01 2023-12-31 03816777 frs-core:CurrentFinancialInstruments 2023-12-31 03816777 frs-core:Non-currentFinancialInstruments 2023-12-31 03816777 frs-core:ShareCapital 2023-12-31 03816777 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 03816777 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 03816777
Hamish Dewar Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Behegan Lynes
Accountancy & Taxation Advisers
Bank Chambers
Brook Street
Bishops Waltham
Hampshire
SO32 1AX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 03816777
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 39,107 31,226
39,107 31,226
CURRENT ASSETS
Stocks 6 16,788 36,085
Debtors 7 657,072 763,155
Cash at bank and in hand 36,009 39,484
709,869 838,724
Creditors: Amounts Falling Due Within One Year 8 (275,130 ) (242,160 )
NET CURRENT ASSETS (LIABILITIES) 434,739 596,564
TOTAL ASSETS LESS CURRENT LIABILITIES 473,846 627,790
Creditors: Amounts Falling Due After More Than One Year 9 (7,500 ) (17,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,570 ) (7,554 )
NET ASSETS 456,776 602,736
CAPITAL AND RESERVES
Called up share capital 11 14 14
Profit and Loss Account 456,762 602,722
SHAREHOLDERS' FUNDS 456,776 602,736
Page 1
Page 2
For the year ending 31 December 2024 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 H R Dewar
Director
15 December 2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hamish Dewar Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03816777 . The registered office is Bank Chambers Brook Street, Bishops Waltham, Southampton, Hampshire, SO32 1AX.
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.
2.2.1 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.
2.2.2 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. Intangible Fixed Assets and Amortisation - Goodwill
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. 
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:
Short Leasehold 10% on cost
Leasehold Improvements 10% on cost
Plant & Machinery 15% on cost
Office Fixtures & Equipment 33% on reducing balance
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.
Page 3
Page 4
2.6. Financial Instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
2.6.1 Debtors
Short term debtors are measured at transaction price, less any impairment.
2.6.2 Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
2.6.3 Creditors
Short term creditors are measured at the transaction price. 
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. 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 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.
Page 4
Page 5
2.9. Pensions
The company operates a defined contribution pension scheme.  Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
2.10. Employee benefits
Short term employee benefits, including holiday pay and other similar non monetary benefits, are recognised as an expense in the period in which they are incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2023: 11)
11 11
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 200,000
As at 31 December 2024 200,000
Amortisation
As at 1 January 2024 200,000
As at 31 December 2024 200,000
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Tangible Assets
Land & Property
Short Leasehold Leasehold Improvements Plant & Machinery Office Fixtures & Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 7,000 28,334 84,121 22,375 141,830
Additions - - 125 20,640 20,765
As at 31 December 2024 7,000 28,334 84,246 43,015 162,595
Depreciation
As at 1 January 2024 7,000 28,334 60,503 14,767 110,604
Provided during the period - - 3,562 9,322 12,884
As at 31 December 2024 7,000 28,334 64,065 24,089 123,488
...CONTINUED
Page 5
Page 6
Net Book Value
As at 31 December 2024 - - 20,181 18,926 39,107
As at 1 January 2024 - - 23,618 7,608 31,226
6. Stocks
2024 2023
£ £
Stock & WIP 16,788 36,085
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 98,633 188,083
Amounts owed by group undertakings 427,112 451,178
Other debtors 131,327 123,894
657,072 763,155
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 14,324 34,375
Bank loans and overdrafts 128,647 38,593
Other creditors 45,899 44,930
Taxation and social security 86,260 124,262
275,130 242,160
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 7,500 17,500
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 January 2024 7,554 7,554
Deferred taxation 2,016 2,016
Balance at 31 December 2024 9,570 9,570
Page 6
Page 7
11. Share Capital
2024 2023
Allotted, called up and fully paid £ £
14 Ordinary Shares of £ 1.00 each 14 14
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Hamish Dewar 48,652 - 6,785 - 41,867
The above loan is unsecured, interest free and repayable on demand.
13. Related Party Transactions
During the year the company provided a loan to Hamish Dewar Conservation & Restoration Limited a company in which H R J Dewar is the sole director and shareholder. The loan is on an interest free basis and will be repaid as funds become available. The amount outstanding at 31 December 2024 was £427,112 (2023 : £451,178).
During the year the company paid £30,000 (2023 : £30,000) to H R J Dewar for the rent of a studio at his private premises.  The rent was considered to be at a fair market value for the property and there was no amount outstanding at either 31 December 2024 or 31 December 2023.
14. Ultimate Controlling Party
The company is owned and controlled by H R J Dewar, the sole director of the company.
Page 7