Acorah Software Products - Accounts Production 19.3.550 false true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 13919699 Mr Ka Wai Kevin Cheng Ms Lap Chi Sally Ho iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13919699 2025-02-28 13919699 2026-02-28 13919699 2025-03-01 2026-02-28 13919699 frs-core:CurrentFinancialInstruments 2026-02-28 13919699 frs-core:RevaluationReserve 2025-03-01 2026-02-28 13919699 frs-core:RevaluationReserve 2025-02-28 13919699 frs-core:RevaluationReserve 2026-02-28 13919699 frs-core:ShareCapital 2026-02-28 13919699 frs-core:RetainedEarningsAccumulatedLosses 2025-03-01 2026-02-28 13919699 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-02-28 13919699 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 13919699 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 13919699 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 13919699 frs-bus:SmallEntities 2025-03-01 2026-02-28 13919699 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 13919699 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 13919699 frs-bus:Director1 2025-03-01 2026-02-28 13919699 frs-bus:Director1 2025-02-28 13919699 frs-bus:Director1 2026-02-28 13919699 frs-bus:Director2 2025-03-01 2026-02-28 13919699 frs-bus:Director2 2025-02-28 13919699 frs-bus:Director2 2026-02-28 13919699 frs-countries:EnglandWales 2025-03-01 2026-02-28 13919699 2024-02-29 13919699 2025-02-28 13919699 2024-03-01 2025-02-28 13919699 frs-core:CurrentFinancialInstruments 2025-02-28 13919699 frs-core:RevaluationReserve 2025-02-28 13919699 frs-core:ShareCapital 2025-02-28 13919699 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: 13919699
Hill 38 Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
RC Jackson & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13919699
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 161,000 157,000
161,000 157,000
CURRENT ASSETS
Debtors 5 930 598
Cash at bank and in hand 343 4,940
1,273 5,538
Creditors: Amounts Falling Due Within One Year 6 (168,593 ) (164,566 )
NET CURRENT ASSETS (LIABILITIES) (167,320 ) (159,028 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,320 ) (2,028 )
NET LIABILITIES (6,320 ) (2,028 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 9 38,435 34,435
Profit and Loss Account (44,855 ) (36,563 )
SHAREHOLDERS' FUNDS (6,320) (2,028)
Page 1
Page 2
For the year ending 28 February 2026 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 Ka Wai Kevin Cheng
Director
26/07/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hill 38 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13919699 . The registered office is 38 Charlotte Street, London, W1T 2NN.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Investment Property
2026
£
Fair Value
As at 1 March 2025 157,000
Revaluations 4,000
As at 28 February 2026 161,000
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 440 -
Other debtors 490 598
930 598
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 2,620 -
Other creditors 165,947 164,566
Taxation and social security 26 -
168,593 164,566
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors / (Creditors) are the following loans to / (from) directors:
As at 1 March 2025 Amounts advanced Amounts repaid Amounts written off As at 28 February 2026
£ £ £ £ £
Mr Ka Wai Kevin Cheng (162,495 ) - 1,500 - (163,995 )
Ms Lap Chi Sally Ho - 8,305 9,957 - (1,652 )
The above loan is unsecured, interest free and with no fixed terms.
9. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 March 2025 34,435 (36,563 )
Loss for year - (8,292)
Surplus on revaluation 4,000 -
Other comprehensive income for the year 4,000 -
Total comprehensive income for the year 4,000 (8,292 )
As at 28 February 2026 38,435 (44,855 )
Page 4