Acorah Software Products - Accounts Production 19.3.550 false true 30 November 2024 1 December 2023 false 1 December 2024 30 November 2025 30 November 2025 SC042818 Ronald Hill Margaret Hill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC042818 2024-11-30 SC042818 2025-11-30 SC042818 2024-12-01 2025-11-30 SC042818 frs-core:CurrentFinancialInstruments 2025-11-30 SC042818 frs-core:Non-currentFinancialInstruments 2025-11-30 SC042818 frs-core:PlantMachinery 2025-11-30 SC042818 frs-core:PlantMachinery 2024-12-01 2025-11-30 SC042818 frs-core:PlantMachinery 2024-11-30 SC042818 frs-core:WithinOneYear 2025-11-30 SC042818 frs-core:ShareCapital 2025-11-30 SC042818 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 SC042818 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 SC042818 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 SC042818 frs-bus:SmallEntities 2024-12-01 2025-11-30 SC042818 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 SC042818 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 SC042818 frs-bus:Director1 2024-12-01 2025-11-30 SC042818 frs-bus:Director2 2024-12-01 2025-11-30 SC042818 1 2024-12-01 2025-11-30 SC042818 frs-core:CurrentFinancialInstruments 1 2025-11-30 SC042818 frs-countries:Scotland 2024-12-01 2025-11-30 SC042818 2023-11-30 SC042818 2024-11-30 SC042818 2023-12-01 2024-11-30 SC042818 frs-core:CurrentFinancialInstruments 2024-11-30 SC042818 frs-core:Non-currentFinancialInstruments 2024-11-30 SC042818 frs-core:WithinOneYear 2024-11-30 SC042818 frs-core:ShareCapital 2024-11-30 SC042818 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 SC042818 1 2023-12-01 2024-11-30 SC042818 frs-core:CurrentFinancialInstruments 1 2024-11-30
Registered number: SC042818
Hill & Hay Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
14 Newton Place
Glasgow
G3 7PY
Hill & Hay Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
Hill & Hay Limited
Statement of Financial Position
As At 30 November 2025
Statement of Financial Position
Registered number: SC042818

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 50,000 |  | 40,491
|  |  | 50,000 |  | 40,491
CURRENT ASSETS
Stocks | 5 | 65,563 |  | 80,191 |
Debtors | 6 | 253,444 |  | 151,863 |
Cash at bank and in hand |  | 1,302 |  | 1,620 |
|  | 320,309 |  | 233,674 |
Creditors: Amounts Falling Due Within One Year | 7 | (327,374 ) |  | (216,067 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (7,065 ) |  | 17,607
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 42,935 |  | 58,098
Creditors: Amounts Falling Due After More Than One Year | 8 |  | - |  | (6,405 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (10,911 ) |  | (8,186 )
NET ASSETS |  |  | 32,024 |  | 43,507
CAPITAL AND RESERVES
Called up share capital | 10 |  | 45,000 |  | 45,000
Income Statement |  |  | (12,976 ) |  | (1,493 )
SHAREHOLDERS' FUNDS |  |  | 32,024 |  | 43,507

Page 1
Page 2
Hill & Hay Limited
Statement of Financial Position (continued)
As At 30 November 2025
For the year ending 30 November 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 Income Statement.
On behalf of the board

Ronald Hill Director
10th June 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Hill & Hay Limited
Notes to the Financial Statements
For The Year Ended 30 November 2025
Notes to the Financial Statements
1. General Information
Hill & Hay Limited is a private company, limited by shares, incorporated in Scotland, registered number SC042818 . The registered office is 58 Rogart Street, Glasgow, G40 2AA.
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 provision of services.
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.
2.3. 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:

Plant & Machinery | 20% on Cost

2.4. 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 income statement 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 income statement as incurred.
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.
2.6. 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
Hill & Hay Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2025
2.6. 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 | 2 |  | 2
Sales, marketing and distribution | 8 |  | 8
Directors | 2 |  | 2
| 12 |  | 12

4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 December 2024 | 1,155,021
Additions | 33,167
As at 30 November 2025 | 1,188,188
Depreciation
As at 1 December 2024 | 1,114,530
Provided during the period | 23,658
As at 30 November 2025 | 1,138,188
Net Book Value
As at 30 November 2025 | 50,000
As at 1 December 2024 | 40,491

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 65,563 |  | 80,191

Page 4
Page 5
Hill & Hay Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 225,559 |  | 148,895
VAT | 10,098 |  | 2,669
Directors' loan accounts | 17,787 |  | 299
| 253,444 |  | 151,863

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 19,800 |  | -
Trade creditors | 164,218 |  | 85,458
Bank loans and overdrafts | 10,000 |  | 10,000
Corporation tax | 5,830 |  | 9,752
Other taxes and social security | 24,383 |  | 28,468
Factor liability | 96,318 |  | 69,749
Other creditor | 2,495 |  | 2,495
Accruals | 4,330 |  | 10,145
| 327,374 |  | 216,067

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 6,405

9. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 19,800 |  | -

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 45,000 |  | 45,000

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