Acorah Software Products - Accounts Production 19.3.550 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 10438639 Mr Spencer Lazell Mr Paul Scott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10438639 2024-10-31 10438639 2025-10-31 10438639 2024-11-01 2025-10-31 10438639 frs-core:CurrentFinancialInstruments 2025-10-31 10438639 frs-core:Non-currentFinancialInstruments 2025-10-31 10438639 frs-core:MotorVehicles 2025-10-31 10438639 frs-core:MotorVehicles 2024-11-01 2025-10-31 10438639 frs-core:MotorVehicles 2024-10-31 10438639 frs-core:PlantMachinery 2025-10-31 10438639 frs-core:PlantMachinery 2024-11-01 2025-10-31 10438639 frs-core:PlantMachinery 2024-10-31 10438639 frs-core:ShareCapital 2025-10-31 10438639 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 10438639 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 10438639 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 10438639 frs-bus:SmallEntities 2024-11-01 2025-10-31 10438639 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 10438639 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 10438639 frs-bus:Director1 2024-11-01 2025-10-31 10438639 frs-bus:Director2 2024-11-01 2025-10-31 10438639 frs-countries:EnglandWales 2024-11-01 2025-10-31 10438639 2023-10-31 10438639 2024-10-31 10438639 2023-11-01 2024-10-31 10438639 frs-core:CurrentFinancialInstruments 2024-10-31 10438639 frs-core:Non-currentFinancialInstruments 2024-10-31 10438639 frs-core:ShareCapital 2024-10-31 10438639 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 10438639
Hire and Reward Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10438639
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,248 38,634
22,248 38,634
CURRENT ASSETS
Debtors 5 250 250
Cash at bank and in hand 6,444 4,863
6,694 5,113
Creditors: Amounts Falling Due Within One Year 6 (7,723 ) (8,825 )
NET CURRENT ASSETS (LIABILITIES) (1,029 ) (3,712 )
TOTAL ASSETS LESS CURRENT LIABILITIES 21,219 34,922
Creditors: Amounts Falling Due After More Than One Year 7 (18,752 ) (27,917 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,562 ) (9,658 )
NET LIABILITIES (3,095 ) (2,653 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (3,096 ) (2,654 )
SHAREHOLDERS' FUNDS (3,095) (2,653)
Page 1
Page 2
For the year ending 31 October 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 Spencer Lazell
Director
20/07/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hire and Reward Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10438639 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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.
2.3. 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 15% - reducing balance
Motor Vehicles 15% - reducing balance
2.4. 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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: NIL (2024: NIL)
- -
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 November 2024 512 71,287 71,799
Disposals - (35,286 ) (35,286 )
As at 31 October 2025 512 36,001 36,513
Depreciation
As at 1 November 2024 348 32,817 33,165
Provided during the period 25 3,902 3,927
Disposals - (22,827 ) (22,827 )
As at 31 October 2025 373 13,892 14,265
Net Book Value
As at 31 October 2025 139 22,109 22,248
As at 1 November 2024 164 38,470 38,634
5. Debtors
2025 2024
£ £
Due within one year
Amounts owed by participating interests 250 250
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 959 1,920
Bank loans and overdrafts 3,899 5,000
Other creditors 2,865 1,905
7,723 8,825
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 18,752 27,917
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
9. Related Party Transactions
Included in Other Creditors is an amount of £1,905 (2023 - £14,655) due to the director. Theis loan is interest free and no repayment terms have been agreed.
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