Acorah Software Products - Accounts Production 19.2.350 false true 31 March 2025 1 April 2024 false 1 April 2025 31 December 2025 31 December 2025 13562718 Mr S J Dean Mr D J Field Mr D Parker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13562718 2025-03-31 13562718 2025-12-31 13562718 2025-04-01 2025-12-31 13562718 frs-core:CurrentFinancialInstruments 2025-12-31 13562718 frs-core:Non-currentFinancialInstruments 2025-12-31 13562718 frs-core:BetweenOneFiveYears 2025-12-31 13562718 frs-core:ComputerEquipment 2025-12-31 13562718 frs-core:ComputerEquipment 2025-04-01 2025-12-31 13562718 frs-core:ComputerEquipment 2025-03-31 13562718 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-01 2025-12-31 13562718 frs-core:FurnitureFittings 2025-12-31 13562718 frs-core:FurnitureFittings 2025-04-01 2025-12-31 13562718 frs-core:FurnitureFittings 2025-03-31 13562718 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 13562718 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-01 2025-12-31 13562718 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 13562718 frs-core:MotorVehicles 2025-12-31 13562718 frs-core:MotorVehicles 2025-04-01 2025-12-31 13562718 frs-core:MotorVehicles 2025-03-31 13562718 frs-core:OtherResidualIntangibleAssets 2025-12-31 13562718 frs-core:OtherResidualIntangibleAssets 2025-04-01 2025-12-31 13562718 frs-core:OtherResidualIntangibleAssets 2025-03-31 13562718 frs-core:PlantMachinery 2025-12-31 13562718 frs-core:PlantMachinery 2025-04-01 2025-12-31 13562718 frs-core:PlantMachinery 2025-03-31 13562718 frs-core:WithinOneYear 2025-12-31 13562718 frs-core:ShareCapital 2025-12-31 13562718 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 13562718 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2025-12-31 13562718 frs-bus:FilletedAccounts 2025-04-01 2025-12-31 13562718 frs-bus:SmallEntities 2025-04-01 2025-12-31 13562718 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2025-12-31 13562718 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2025-12-31 13562718 frs-core:CostValuation 2025-03-31 13562718 frs-core:AdditionsToInvestments 2025-12-31 13562718 frs-core:RevaluationsIncreaseDecreaseInInvestments 2025-12-31 13562718 frs-core:FurtherSpecificIncreaseDecreaseInInvestments1ComponentTotalChangeInInvestments 2025-12-31 13562718 frs-core:CostValuation 2025-12-31 13562718 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 13562718 frs-core:ProvisionsForImpairmentInvestments 2025-12-31 13562718 frs-bus:Director1 2025-04-01 2025-12-31 13562718 frs-bus:Director2 2025-04-01 2025-12-31 13562718 frs-bus:Director3 2025-04-01 2025-12-31 13562718 frs-countries:EnglandWales 2025-04-01 2025-12-31 13562718 2024-03-31 13562718 2025-03-31 13562718 2024-04-01 2025-03-31 13562718 frs-core:CurrentFinancialInstruments 2025-03-31 13562718 frs-core:Non-currentFinancialInstruments 2025-03-31 13562718 frs-core:BetweenOneFiveYears 2025-03-31 13562718 frs-core:WithinOneYear 2025-03-31 13562718 frs-core:ShareCapital 2025-03-31 13562718 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 13562718
New Home Improvement Group Limited
Unaudited Financial Statements
For the Period 1 April 2025 to 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—8
Page 1
Balance Sheet
Registered number: 13562718
31 December 2025 31 March 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 33,334 24,150
Tangible Assets 5 270,587 337,552
Investments 6 1,022,762 585,102
1,326,683 946,804
CURRENT ASSETS
Stocks 7 25,000 220,749
Debtors 8 43,102 132,224
Cash at bank and in hand 61,315 189,610
129,417 542,583
Creditors: Amounts Falling Due Within One Year 9 (600,627 ) (657,531 )
NET CURRENT ASSETS (LIABILITIES) (471,210 ) (114,948 )
TOTAL ASSETS LESS CURRENT LIABILITIES 855,473 831,856
Creditors: Amounts Falling Due After More Than One Year 10 (181,006 ) (210,512 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (41,296 ) (56,270 )
NET ASSETS 633,171 565,074
CAPITAL AND RESERVES
Called up share capital 12 547,958 547,958
Profit and Loss Account 85,213 17,116
SHAREHOLDERS' FUNDS 633,171 565,074
Page 1
Page 2
For the period ending 31 December 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 D J Field
Director
24th March 2026
The notes on pages 3 to 8 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
New Home Improvement Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13562718 . The registered office is 64 Wilbury Way, Hitchin, SG4 0TP.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are initially measured at cost. They are amortised to the profit and loss account over their estimated economic life of 3 years.
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:
Leasehold 2% on cost
Plant & Machinery 20% on cost
Motor Vehicles 20% on reducing balance
Fixtures & Fittings 20% on reducing balance
Computer Equipment 33% on cost
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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.
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 period, 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.
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2.8. 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.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
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 period was: 12 (2025: 10)
12 10
4. Intangible Assets
Other
£
Cost
As at 1 April 2025 27,600
Additions 14,439
As at 31 December 2025 42,039
Amortisation
As at 1 April 2025 3,450
Provided during the period 5,255
As at 31 December 2025 8,705
Net Book Value
As at 31 December 2025 33,334
As at 1 April 2025 24,150
Page 5
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2025 30,625 121,722 265,596 4,011
Additions - 3,485 65,336 -
Disposals (30,625 ) (17,992 ) (19,348 ) -
As at 31 December 2025 - 107,215 311,584 4,011
Depreciation
As at 1 April 2025 - 32,529 53,119 976
Provided during the period - 21,442 52,467 607
Disposals - (3,598 ) (3,870 ) -
As at 31 December 2025 - 50,373 101,716 1,583
Net Book Value
As at 31 December 2025 - 56,842 209,868 2,428
As at 1 April 2025 30,625 89,193 212,477 3,035
Computer Equipment Total
£ £
Cost
As at 1 April 2025 5,554 427,508
Additions 1,582 70,403
Disposals - (67,965 )
As at 31 December 2025 7,136 429,946
Depreciation
As at 1 April 2025 3,332 89,956
Provided during the period 2,355 76,871
Disposals - (7,468 )
As at 31 December 2025 5,687 159,359
Net Book Value
As at 31 December 2025 1,449 270,587
As at 1 April 2025 2,222 337,552
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6. Investments
Subsidiaries Other Total
£ £ £
Cost
As at 1 April 2025 585,102 - 585,102
Additions - 322,829 322,829
Revaluations - 152,171 152,171
Fair value adjustments (37,340 ) - (37,340 )
As at 31 December 2025 547,762 475,000 1,022,762
Provision
As at 1 April 2025 - - -
As at 31 December 2025 - - -
Net Book Value
As at 31 December 2025 547,762 475,000 1,022,762
As at 1 April 2025 585,102 - 585,102
7. Stocks
31 December 2025 31 March 2025
£ £
Stock 25,000 220,749
8. Debtors
31 December 2025 31 March 2025
£ £
Due within one year
Trade debtors 35,210 125,094
Other debtors 7,892 7,130
43,102 132,224
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9. Creditors: Amounts Falling Due Within One Year
31 December 2025 31 March 2025
£ £
Net obligations under finance lease and hire purchase contracts 75,615 81,815
Trade creditors 168,867 284,900
Bank loans and overdrafts 25,344 -
Other creditors 322,086 176,632
Taxation and social security 8,715 114,184
600,627 657,531
10. Creditors: Amounts Falling Due After More Than One Year
31 December 2025 31 March 2025
£ £
Net obligations under finance lease and hire purchase contracts 181,006 210,512
11. Obligations Under Finance Leases and Hire Purchase
31 December 2025 31 March 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 91,896 101,212
Later than one year and not later than five years 200,241 239,972
292,137 341,184
Less: Finance charges allocated to future periods 35,516 48,857
256,621 292,327
12. Share Capital
31 December 2025 31 March 2025
£ £
Allotted, Called up and fully paid 547,958 547,958
Page 8