Acorah Software Products - Accounts Production 16.8.310 false true true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 07554408 Mr Johann Von Loeper David & Clare Hieatt false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07554408 2024-06-30 07554408 2025-06-30 07554408 2024-07-01 2025-06-30 07554408 frs-core:CurrentFinancialInstruments 2025-06-30 07554408 frs-core:Non-currentFinancialInstruments 2025-06-30 07554408 frs-core:ComputerEquipment 2025-06-30 07554408 frs-core:ComputerEquipment 2024-07-01 2025-06-30 07554408 frs-core:ComputerEquipment 2024-06-30 07554408 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-07-01 2025-06-30 07554408 frs-core:OtherResidualIntangibleAssets 2025-06-30 07554408 frs-core:OtherResidualIntangibleAssets 2024-07-01 2025-06-30 07554408 frs-core:OtherResidualIntangibleAssets 2024-06-30 07554408 frs-core:PlantMachinery 2025-06-30 07554408 frs-core:PlantMachinery 2024-07-01 2025-06-30 07554408 frs-core:PlantMachinery 2024-06-30 07554408 frs-core:SharePremium 2025-06-30 07554408 frs-core:ShareCapital 2025-06-30 07554408 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 07554408 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 07554408 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 07554408 frs-bus:SmallEntities 2024-07-01 2025-06-30 07554408 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 07554408 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 07554408 1 2024-07-01 2025-06-30 07554408 frs-bus:Director1 2024-07-01 2025-06-30 07554408 frs-countries:EnglandWales 2024-07-01 2025-06-30 07554408 2023-06-30 07554408 2024-06-30 07554408 2023-07-01 2024-06-30 07554408 frs-core:CurrentFinancialInstruments 2024-06-30 07554408 frs-core:Non-currentFinancialInstruments 2024-06-30 07554408 frs-core:PlantMachinery 2023-07-01 2024-06-30 07554408 frs-core:SharePremium 2024-06-30 07554408 frs-core:ShareCapital 2024-06-30 07554408 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 07554408
Hiut Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
Hiut Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Hiut Ltd
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 07554408

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | - |  | 34,192
Tangible Assets | 5 |  | 150,222 |  | 155,924
|  |  | 150,222 |  | 190,116
CURRENT ASSETS
Stocks | 6 | 154,150 |  | 114,535 |
Debtors | 7 | 19,693 |  | 53,560 |
Cash at bank and in hand |  | 719,415 |  | 1,925 |
|  | 893,258 |  | 170,020 |
Creditors: Amounts Falling Due Within One Year | 8 | (249,415 ) |  | (438,327 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 643,843 |  | (268,307 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 794,065 |  | (78,191 )
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (26,461 ) |  | (142,187 )
NET ASSETS/(LIABILITIES) |  |  | 767,604 |  | (220,378 )
CAPITAL AND RESERVES
Called up share capital | 11 |  | 440,000 |  | 370,000
Share premium account |  |  | 1,118,999 |  | -
Profit and Loss Account |  |  | (791,395 ) |  | (590,378 )
SHAREHOLDERS' FUNDS |  |  | 767,604 |  | (220,378)

Page 1
Page 2
Hiut Ltd
Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 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 Johann Von Loeper Director
3 February 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Hiut Ltd
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Hiut Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07554408 . The registered office is The Old Jeans Factory, Bath House Road, Cardigan, SA43 1JY.
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.
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.
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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets is Trademarks and is amortised to the profit and loss account at 15% straight line.
2.5. 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 | 15% reducing balance
Computer Equipment | 15% reducing balance

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. 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.
Page 3
Page 4
Hiut Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
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 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.
2.9. 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.
2.10. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
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: 17 (2024: 15)
17 15
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 July 2024 | 262,110
Disposals | (262,110 )
As at 30 June 2025 | -
Amortisation
As at 1 July 2024 | 227,918
Provided during the period | 34,192
Disposals | (262,110 )
As at 30 June 2025 | -
Net Book Value
As at 30 June 2025 | -
As at 1 July 2024 | 34,192

Page 4
Page 5
Hiut Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
5. Tangible Assets

| Plant & Machinery | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 July 2024 | 326,381 | 100,424 | 426,805
Additions | 12,166 | 6,540 | 18,706
As at 30 June 2025 | 338,547 | 106,964 | 445,511
Depreciation
As at 1 July 2024 | 185,911 | 84,970 | 270,881
Provided during the period | 21,222 | 3,186 | 24,408
As at 30 June 2025 | 207,133 | 88,156 | 295,289
Net Book Value
As at 30 June 2025 | 131,414 | 18,808 | 150,222
As at 1 July 2024 | 140,470 | 15,454 | 155,924

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Plant & Machinery | 9,288 |  | 10,926

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 154,150 |  | 114,535

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 14,682 |  | 27,411
Prepayments and accrued income | 5,011 |  | -
Other debtors | - |  | 26,149
| 19,693 |  | 53,560

Page 5
Page 6
Hiut Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 41,765 |  | 42,967
Bank loans and overdrafts | 20,705 |  | 163,580
Other taxes and social security | 31,372 |  | 28,352
VAT | 17,329 |  | 30,006
Net wages | - |  | 500
Accruals and deferred income | 64,632 |  | 99,465
Directors' loan accounts | 73,612 |  | 73,457
| 249,415 |  | 438,327

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 26,461 |  | 142,187

10. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | - |  | 89,900

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 440,000 |  | 370,000

12. Pension Commitments
The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £1,872 (2024: £1,382) were due to the fund. They are included in Other Creditors.
13. Controlling Party
The company's controlling parties are David & Clare Hieatt by virtue of their shareholding within the company as at the balance sheet date.
Page 6