Acorah Software Products - Accounts Production 16.7.461 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09117718 Miss Jacqueline Jackson Mr Dale Downward iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09117718 2024-03-31 09117718 2025-03-31 09117718 2024-04-01 2025-03-31 09117718 frs-core:CurrentFinancialInstruments 2025-03-31 09117718 frs-core:Non-currentFinancialInstruments 2025-03-31 09117718 frs-core:ComputerEquipment 2025-03-31 09117718 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09117718 frs-core:ComputerEquipment 2024-03-31 09117718 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 09117718 frs-core:FurnitureFittings 2025-03-31 09117718 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09117718 frs-core:FurnitureFittings 2024-03-31 09117718 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 09117718 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 09117718 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 09117718 frs-core:MotorVehicles 2024-04-01 2025-03-31 09117718 frs-core:OtherResidualIntangibleAssets 2025-03-31 09117718 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 09117718 frs-core:OtherResidualIntangibleAssets 2024-03-31 09117718 frs-core:PlantMachinery 2025-03-31 09117718 frs-core:PlantMachinery 2024-04-01 2025-03-31 09117718 frs-core:PlantMachinery 2024-03-31 09117718 frs-core:ShareCapital 2025-03-31 09117718 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09117718 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09117718 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09117718 frs-bus:SmallEntities 2024-04-01 2025-03-31 09117718 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09117718 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09117718 frs-bus:Director1 2024-04-01 2025-03-31 09117718 frs-bus:Director2 2024-04-01 2025-03-31 09117718 frs-countries:EnglandWales 2024-04-01 2025-03-31 09117718 2023-03-31 09117718 2024-03-31 09117718 2023-04-01 2024-03-31 09117718 frs-core:CurrentFinancialInstruments 2024-03-31 09117718 frs-core:Non-currentFinancialInstruments 2024-03-31 09117718 frs-core:WithinOneYear 2024-03-31 09117718 frs-core:ShareCapital 2024-03-31 09117718 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09117718
Total Homefix Solutions Limited
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: 09117718
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,644 1,878
Tangible Assets 5 14,711 13,788
16,355 15,666
CURRENT ASSETS
Stocks 6 165,959 180,000
Debtors 7 24,714 28,821
Cash at bank and in hand 32,665 27,697
223,338 236,518
Creditors: Amounts Falling Due Within One Year 8 (211,655 ) (234,521 )
NET CURRENT ASSETS (LIABILITIES) 11,683 1,997
TOTAL ASSETS LESS CURRENT LIABILITIES 28,038 17,663
Creditors: Amounts Falling Due After More Than One Year 9 (42,054 ) (12,189 )
NET (LIABILITIES)/ASSETS (14,016 ) 5,474
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account (14,017 ) 5,473
SHAREHOLDERS' FUNDS (14,016) 5,474
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 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 Jacqueline Jackson
Director
Mr Dale Downward
Director
21 November 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
Total Homefix Solutions Limited Registered number 09117718 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 72-73 Wallace Way, Tern Valley Business Park, Market Drayton, Shropshire, TF9 3AG.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors have agreed to provide continuing support for a period of at least 12 months from the date of signing the balance sheet.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website development. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 5 Years on cost
Plant & Machinery 20% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 20% Reducing balance
Computer Equipment 3 Years on cost
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.
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 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.
...CONTINUED
Page 3
Page 4
2.7. Taxation - continued
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 as follows:
2025 2024
Office and administration 4 2
Manufacturing 1 1
5 3
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 2,348
As at 31 March 2025 2,348
Amortisation
As at 1 April 2024 470
Provided during the period 234
As at 31 March 2025 704
Net Book Value
As at 31 March 2025 1,644
As at 1 April 2024 1,878
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 20,986 4,158 9,145 10,929 45,218
Additions 7,700 - - 434 8,134
As at 31 March 2025 28,686 4,158 9,145 11,363 53,352
Depreciation
As at 1 April 2024 13,842 1,879 4,780 10,929 31,430
Provided during the period 5,738 455 873 145 7,211
As at 31 March 2025 19,580 2,334 5,653 11,074 38,641
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 March 2025 9,106 1,824 3,492 289 14,711
As at 1 April 2024 7,144 2,279 4,365 - 13,788
6. Stocks
2025 2024
£ £
Materials 165,959 180,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 21,068 26,077
Prepayments and accrued income 3,321 2,744
Other taxes and social security 325 -
24,714 28,821
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 51,720 21,738
Bank loans and overdrafts 16,276 10,204
Other taxes and social security - 440
VAT 1,562 682
Other creditors 168 172
Accruals and deferred income 8,210 20,153
Directors' loan accounts 133,719 181,132
211,655 234,521
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 42,054 12,189
Bank loans outstanding at the reporting date include instalments due after more than five years of £11,498 (2024: Nil).
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5
Page 6
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year - 1,664
- 1,664
Page 6