Acorah Software Products - Accounts Production 19.4.300 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 04579165 Mr Michael Hiorns Mrs Caroline Hiorns iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04579165 2024-12-31 04579165 2025-12-31 04579165 2025-01-01 2025-12-31 04579165 frs-core:CurrentFinancialInstruments 2025-12-31 04579165 frs-core:Non-currentFinancialInstruments 2025-12-31 04579165 frs-core:BetweenOneFiveYears 2025-12-31 04579165 frs-core:ComputerEquipment 2025-12-31 04579165 frs-core:ComputerEquipment 2025-01-01 2025-12-31 04579165 frs-core:ComputerEquipment 2024-12-31 04579165 frs-core:MotorVehicles 2025-12-31 04579165 frs-core:MotorVehicles 2025-01-01 2025-12-31 04579165 frs-core:MotorVehicles 2024-12-31 04579165 frs-core:PlantMachinery 2025-12-31 04579165 frs-core:PlantMachinery 2025-01-01 2025-12-31 04579165 frs-core:PlantMachinery 2024-12-31 04579165 frs-core:WithinOneYear 2025-12-31 04579165 frs-core:ShareCapital 2025-12-31 04579165 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 04579165 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04579165 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 04579165 frs-bus:SmallEntities 2025-01-01 2025-12-31 04579165 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 04579165 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04579165 frs-bus:Director1 2025-01-01 2025-12-31 04579165 frs-bus:Director1 2024-12-31 04579165 frs-bus:Director1 2025-12-31 04579165 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 04579165 frs-countries:EnglandWales 2025-01-01 2025-12-31 04579165 2023-12-31 04579165 2024-12-31 04579165 2024-01-01 2024-12-31 04579165 frs-core:CurrentFinancialInstruments 2024-12-31 04579165 frs-core:Non-currentFinancialInstruments 2024-12-31 04579165 frs-core:BetweenOneFiveYears 2024-12-31 04579165 frs-core:MotorVehicles 2024-01-01 2024-12-31 04579165 frs-core:WithinOneYear 2024-12-31 04579165 frs-core:ShareCapital 2024-12-31 04579165 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 04579165
M Hiorns Building Contractor Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04579165
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 88,837 88,641
88,837 88,641
CURRENT ASSETS
Stocks 5 116,014 175,187
Debtors 6 144,933 46,161
Cash at bank and in hand 904,973 778,135
1,165,920 999,483
Creditors: Amounts Falling Due Within One Year 7 (197,280 ) (196,483 )
NET CURRENT ASSETS (LIABILITIES) 968,640 803,000
TOTAL ASSETS LESS CURRENT LIABILITIES 1,057,477 891,641
Creditors: Amounts Falling Due After More Than One Year 8 (381 ) (2,513 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (22,210 ) (22,160 )
NET ASSETS 1,034,886 866,968
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 1,034,884 866,966
SHAREHOLDERS' FUNDS 1,034,886 866,968
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For the year 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Michael Hiorns
Director
16 September 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
M Hiorns Building Contractor Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04579165 . The registered office is Unit 22 Delta Lakes Enterprise Centre, The Avenue Delta Lakes, Llanelli, Dyfed, SA15 2DR.
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.
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. 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% Reducing Balance
Motor Vehicles 20% Reducing Balance
Computer Equipment 20% Reducing Balance
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 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.
2.5. 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.
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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 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.
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 11)
13 11
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 22,535 134,201 464 157,200
Additions 4,500 15,750 - 20,250
Disposals - (8,750 ) - (8,750 )
As at 31 December 2025 27,035 141,201 464 168,700
Depreciation
As at 1 January 2025 18,210 50,272 77 68,559
Provided during the period 1,090 18,886 78 20,054
Disposals - (8,750 ) - (8,750 )
As at 31 December 2025 19,300 60,408 155 79,863
Net Book Value
As at 31 December 2025 7,735 80,793 309 88,837
As at 1 January 2025 4,325 83,929 387 88,641
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Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Motor Vehicles 30,581 38,226
5. Stocks
2025 2024
£ £
Stock 5,725 5,725
Work in progress 110,289 169,462
116,014 175,187
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 9,883
Other debtors 144,933 36,278
144,933 46,161
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 2,132 2,032
Trade creditors 11,903 20,797
Other creditors 2,507 35,221
Taxation and social security 180,738 138,433
197,280 196,483
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 381 2,513
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,132 2,032
Later than one year and not later than five years 381 2,513
2,513 4,545
2,513 4,545
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10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
11. Pension Commitments
The company operates a defined contribution pension scheme for the benfit of it's 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 £59 (2024: £NIL) were due to the fund. They are included in Other Creditors.
12. Directors Advances, Credits and Guarantees
Included within Debtors / (Creditors) are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Michael Hiorns (34,030 ) 263,009 (92,144 ) - 136,835
The above loan was unsecured, interest free and repayable on demand.
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