Acorah Software Products - Accounts Production 19.4.300 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 04973610 Mr Michael John Tracey Mr Anthony Howland false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04973610 2024-12-31 04973610 2025-12-31 04973610 2025-01-01 2025-12-31 04973610 frs-core:CurrentFinancialInstruments 2025-12-31 04973610 frs-core:FurnitureFittings 2025-12-31 04973610 frs-core:FurnitureFittings 2025-01-01 2025-12-31 04973610 frs-core:FurnitureFittings 2024-12-31 04973610 frs-core:MotorVehicles 2025-12-31 04973610 frs-core:MotorVehicles 2025-01-01 2025-12-31 04973610 frs-core:MotorVehicles 2024-12-31 04973610 frs-core:ShareCapital 2025-12-31 04973610 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 04973610 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04973610 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 04973610 frs-bus:SmallEntities 2025-01-01 2025-12-31 04973610 frs-bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 04973610 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04973610 1 2025-01-01 2025-12-31 04973610 frs-core:ListedExchangeTraded 2025-12-31 04973610 frs-core:ListedExchangeTraded 2024-12-31 04973610 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 04973610 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-12-31 04973610 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 04973610 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-12-31 04973610 frs-bus:Director1 2025-01-01 2025-12-31 04973610 frs-bus:Director2 2025-01-01 2025-12-31 04973610 frs-countries:EnglandWales 2025-01-01 2025-12-31 04973610 2023-12-31 04973610 2024-12-31 04973610 2024-01-01 2024-12-31 04973610 frs-core:CurrentFinancialInstruments 2024-12-31 04973610 frs-core:ShareCapital 2024-12-31 04973610 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 04973610
Heyford Homes Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Accountant's Report 1
Balance Sheet 2
Notes to the Financial Statements 3—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Heyford Homes Limited for the year ended 31 December 2025
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Heyford Homes Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Heyford Homes Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Heyford Homes Limited and state those matters that we have agreed to state to the directors of Heyford Homes Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Heyford Homes Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Heyford Homes Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Heyford Homes Limited . You consider that Heyford Homes Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Heyford Homes Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
30 June 2026
Krowe Accountants
Grafton House
Bulls Head Yard
Alcester
Warwickshire
B49 5BX
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Page 2
Balance Sheet
Registered number: 04973610
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 5 1 1
1 1
CURRENT ASSETS
Debtors 6 515,732 1,047,414
Cash at bank and in hand 630,086 177,820
1,145,818 1,225,234
Creditors: Amounts Falling Due Within One Year 7 (474,992 ) (968,579 )
NET CURRENT ASSETS (LIABILITIES) 670,826 256,655
TOTAL ASSETS LESS CURRENT LIABILITIES 670,827 256,656
NET ASSETS 670,827 256,656
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 670,727 256,556
SHAREHOLDERS' FUNDS 670,827 256,656
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 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 Michael John Tracey
Director
30 June 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Heyford Homes Limited is a private company limited by shares and registered in England and Wales. Its registered number is 04973610. Its registered head office is located at Chantry House High Street, Coleshill, Birmingham, B46 3BP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The following principal accounting policies have been applied:
2.2. Going Concern Disclosure
The directors have assessed the Company's trading and cashflow forecasts and have a reasonable expectation that the Company has, and will continue to have, adequate resources to continue in operational existence for the foreseeable future including at least twelve months from the date of approving these financial statements. 
For this reason, the directors consider that the adoption of the going concern basis in preparing the financial statements is appropriate. 
2.3. Turnover
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Revenue is recognised on construction contracts by reference to the services performed to date as a percentage of total services to be performed. Where the outcome of a contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the statement of financial position date. Profit is only recognised on a construction contract when the final outcome can be assessed with reasonable certainty. Expected losses are recognised immediately.
Revenue is recognised on house sales at legal completion
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over theirestimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
Motor Vehicles 50% SLM
Fixtures & Fittings 25% SLM
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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2.5. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.
Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.6. Taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect ofall timing differences that have originated but not reversed by the balance sheet date, except that:
   • The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
 • Any deferred tax balances are reversed if and when all conditions for retaining associated tax
allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
2.7. Pensions
Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the Statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.
2.8. Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
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2.9. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial instituitions repayable without penalty on notice of not more than 24 hours.
2.10. Interest income
Interest income is recognised in the Statement of Comprehensive Income using the effective interest method.
3. Average Number of Employees
The Average monthly number of employees, including directors, during the year was:
Directors 3 (2024: 3)
Others 4 (2024: 4)
4 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2025 41,392 62,481 103,873
As at 31 December 2025 41,392 62,481 103,873
Depreciation
As at 1 January 2025 41,392 62,481 103,873
As at 31 December 2025 41,392 62,481 103,873
Net Book Value
As at 31 December 2025 - - -
As at 1 January 2025 - - -
5. Investments
Listed
£
Cost or Valuation
As at 1 January 2025 1
As at 31 December 2025 1
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 1
As at 1 January 2025 1
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 655,433
Prepayments and accrued income 138,875 155,364
Other debtors 346,837 212,569
Deferred tax current asset 12,598 4,540
Amounts owed by group undertakings - 286
Amounts owed by related parties 17,422 19,222
515,732 1,047,414
Amounts owed by group undertakings and related parties are interest free, unsecured and repayable on demand.
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 110,221 356,481
Other taxes and social security 40,555 201,848
Other creditors 146,915 80,365
Accruals and deferred income 85,222 322,604
Amounts owed to group undertakings 92,079 7,281
474,992 968,579
Amounts owed to group undertakings are interest free, unsecured and repayable on demand.
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Heyford Holdings LimitedAmounts owed to related parties 2025 £92,079 (2024 Nil)

Heyford Holdings Limited

Amounts owed to related parties 2025 £92,079 (2024 Nil)

Cannock SP LimitedAmounts owed by related parties 2025 £17,422 (2024 £17,422)

Cannock SP Limited

Amounts owed by related parties 2025 £17,422 (2024 £17,422)

M J Tracey is a director of Cannock SP Limited and also a director of Heyford Holdings Limited, which is the ultimate controlling party of Heyford Homes Limited. 
10. Controlling Party
The Company's ultimate parent company is Heyford Holdings Limited, a company incorporated and registered in England and Wales. Heyford Holdings Limited has no ultimate controlling party.
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