Acorah Software Products - Accounts Production 19.4.351 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 02302007 Mrs Elizabeth Herman Mr Simon Herman Mrs Nicola Herman Mr Sefton Herman Mrs Elizabeth Herman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02302007 2025-03-31 02302007 2026-03-31 02302007 2025-04-01 2026-03-31 02302007 frs-core:CurrentFinancialInstruments 2026-03-31 02302007 frs-core:Non-currentFinancialInstruments 2026-03-31 02302007 frs-core:ComputerEquipment 2026-03-31 02302007 frs-core:ComputerEquipment 2025-04-01 2026-03-31 02302007 frs-core:ComputerEquipment 2025-03-31 02302007 frs-core:FurnitureFittings 2026-03-31 02302007 frs-core:FurnitureFittings 2025-04-01 2026-03-31 02302007 frs-core:FurnitureFittings 2025-03-31 02302007 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-03-31 02302007 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 02302007 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 02302007 frs-core:RevaluationReserve 2025-03-31 02302007 frs-core:RevaluationReserve 2026-03-31 02302007 frs-core:ShareCapital 2026-03-31 02302007 frs-core:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 02302007 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-03-31 02302007 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 02302007 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 02302007 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 02302007 frs-bus:SmallEntities 2025-04-01 2026-03-31 02302007 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 02302007 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 02302007 frs-bus:Director1 2025-04-01 2026-03-31 02302007 frs-bus:Director2 2025-04-01 2026-03-31 02302007 frs-bus:Director3 2025-04-01 2026-03-31 02302007 frs-bus:Director4 2025-04-01 2026-03-31 02302007 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 02302007 frs-countries:EnglandWales 2025-04-01 2026-03-31 02302007 2024-03-31 02302007 2025-03-31 02302007 2024-04-01 2025-03-31 02302007 frs-core:CurrentFinancialInstruments 2025-03-31 02302007 frs-core:Non-currentFinancialInstruments 2025-03-31 02302007 frs-core:RevaluationReserve 2025-03-31 02302007 frs-core:ShareCapital 2025-03-31 02302007 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 02302007
Hanover Business Centres Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02302007
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 675,326 675,721
675,326 675,721
CURRENT ASSETS
Debtors 5 10,783 11,538
Cash at bank and in hand 3,007 2,927
13,790 14,465
Creditors: Amounts Falling Due Within One Year 6 (37,404 ) (36,291 )
NET CURRENT ASSETS (LIABILITIES) (23,614 ) (21,826 )
TOTAL ASSETS LESS CURRENT LIABILITIES 651,712 653,895
Creditors: Amounts Falling Due After More Than One Year 7 (195,152 ) (206,352 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,821 ) (4,808 )
NET ASSETS 451,739 442,735
CAPITAL AND RESERVES
Called up share capital 8 12,000 12,000
Revaluation reserve 9 188,974 188,974
Profit and Loss Account 250,765 241,761
SHAREHOLDERS' FUNDS 451,739 442,735
Page 1
Page 2
For the year ending 31 March 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 Sefton Herman
Director
26/10/2026
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
Hanover Business Centres Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02302007 . The registered office is 1 Hanover House, The Roe, St. Asaph, LL17 0LT.
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. 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:
Freehold Measured at cost
Fixtures & Fittings 10% Straight line
Computer Equipment 10% Straight line
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 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2025: 4)
4 4
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2025 645,500 40,021 377 685,898
As at 31 March 2026 645,500 40,021 377 685,898
Depreciation
As at 1 April 2025 372 9,805 - 10,177
Provided during the period - 767 - 767
Disposals (372 ) - - (372 )
As at 31 March 2026 - 10,572 - 10,572
Net Book Value
As at 31 March 2026 645,500 29,449 377 675,326
As at 1 April 2025 645,128 30,216 377 675,721
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 10,783 11,064
Other debtors - 474
10,783 11,538
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 4,073 12,075
Corporation tax 2,099 1,616
VAT 534 -
Deposits retained 11,443 10,877
Accruals and deferred income 19,255 11,723
37,404 36,291
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Directors' loan account 195,152 206,352
Page 4
Page 5
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 12,000 12,000
9. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 April 2025 188,974 241,761
Profit for the year and total comprehensive income - 9,004
As at 31 March 2026 188,974 250,765
Page 5