Acorah Software Products - Accounts Production 19.4.351 false true true 30 April 2025 1 May 2024 false 1 May 2025 30 April 2026 30 April 2026 04602531 Mr Matthew Hammond Mr Stephen Hammond Mr Darren Holland Mr Matthew Hammond iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04602531 2025-04-30 04602531 2026-04-30 04602531 2025-05-01 2026-04-30 04602531 frs-core:CurrentFinancialInstruments 2026-04-30 04602531 frs-core:Non-currentFinancialInstruments 2026-04-30 04602531 frs-core:BetweenOneFiveYears 2026-04-30 04602531 frs-core:ComputerEquipment 2026-04-30 04602531 frs-core:ComputerEquipment 2025-05-01 2026-04-30 04602531 frs-core:ComputerEquipment 2025-04-30 04602531 frs-core:MotorVehicles 2026-04-30 04602531 frs-core:MotorVehicles 2025-05-01 2026-04-30 04602531 frs-core:MotorVehicles 2025-04-30 04602531 frs-core:WithinOneYear 2026-04-30 04602531 frs-core:ShareCapital 2026-04-30 04602531 frs-core:RetainedEarningsAccumulatedLosses 2026-04-30 04602531 frs-bus:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 04602531 frs-bus:FilletedAccounts 2025-05-01 2026-04-30 04602531 frs-bus:SmallEntities 2025-05-01 2026-04-30 04602531 frs-bus:AuditExempt-NoAccountantsReport 2025-05-01 2026-04-30 04602531 frs-bus:SmallCompaniesRegimeForAccounts 2025-05-01 2026-04-30 04602531 frs-bus:Director1 2025-05-01 2026-04-30 04602531 frs-bus:Director2 2025-05-01 2026-04-30 04602531 frs-bus:Director3 2025-05-01 2026-04-30 04602531 frs-bus:CompanySecretary1 2025-05-01 2026-04-30 04602531 frs-countries:EnglandWales 2025-05-01 2026-04-30 04602531 2024-04-30 04602531 2025-04-30 04602531 2024-05-01 2025-04-30 04602531 frs-core:CurrentFinancialInstruments 2025-04-30 04602531 frs-core:Non-currentFinancialInstruments 2025-04-30 04602531 frs-core:BetweenOneFiveYears 2025-04-30 04602531 frs-core:WithinOneYear 2025-04-30 04602531 frs-core:ShareCapital 2025-04-30 04602531 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30
Registered number: 04602531
Hammond Lubricants And Chemicals Limited
Unaudited Financial Statements
For The Year Ended 30 April 2026
Taylor & Taylor Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04602531
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,932 48,683
Right-of-use Assets 5 22,220 -
36,152 48,683
CURRENT ASSETS
Stocks 6 60,533 55,256
Debtors 7 325,772 379,304
Cash at bank and in hand 71,738 93,565
458,043 528,125
Creditors: Amounts Falling Due Within One Year 8 (462,670 ) (524,106 )
NET CURRENT ASSETS (LIABILITIES) (4,627 ) 4,019
TOTAL ASSETS LESS CURRENT LIABILITIES 31,525 52,702
Creditors: Amounts Falling Due After More Than One Year 9 (7,356 ) (20,660 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 12 (3,483 ) (3,866 )
NET ASSETS 20,686 28,176
CAPITAL AND RESERVES
Called up share capital 13 100 100
Profit and Loss Account 20,586 28,076
SHAREHOLDERS' FUNDS 20,686 28,176
Page 1
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For the year ending 30 April 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 Matthew Hammond
Director
24/08/2026
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
Hammond Lubricants And Chemicals Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04602531 . The registered office is Units 2-4 Porters Way, Bordesley Green, Birmingham, West Midlands, B9 5RR.
2. Accounting Policies
2.1. Early Adoption of Amendments to FRS 102 (Periodic Review 2024)
The company has early adopted the amendments to FRS 102, arising from the Financial Reporting Council's Periodic Review 2024, issued in March 2024. These amendments are effective for accounting periods beginning on or after 1 January 2026, but the company has elected to apply them in these financial statements for the year ended 30 April 2026.
The amendments primarily affect the company's accounting for lease accounting.
The impact of early adoption has resulted in creation of right of use assets and finance lease liabilities.
Further details of the transition and the effect on the financial statements are provided in the notes.
2.2. 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.
2.3. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
In assessing whether the going concern assumption is appropriate, the directors have considered all available information about the future, which is at least, but is not limited to, 12 months from the date when the financial statements are authorised for issue.
2.4. 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.
2.5. 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:
Motor Vehicles 25% Reducing balance
Computer Equipment 25% Reducing balance
2.6. Leases
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2.7. 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.
2.8. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2025: 3)
3 3
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 May 2025 191,246 11,015 202,261
Disposals (29,291 ) - (29,291 )
Transfers (28,853 ) - (28,853 )
As at 30 April 2026 133,102 11,015 144,117
Depreciation
As at 1 May 2025 146,049 7,529 153,578
Provided during the period 3,772 872 4,644
Disposals (20,022 ) - (20,022 )
Transfers (8,015 ) - (8,015 )
As at 30 April 2026 121,784 8,401 130,185
Net Book Value
As at 30 April 2026 11,318 2,614 13,932
As at 1 May 2025 45,197 3,486 48,683
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5. Right-of-use Assets
Motor Vehicles
£
Cost
As at 1 May 2025 28,853
Additions 15,460
As at 30 April 2026 44,313
Depreciation
As at 1 May 2025 8,015
Provided during the period 14,078
As at 30 April 2026 22,093
Net Book Value
As at 30 April 2026 22,220
As at 1 May 2025 20,838
6. Stocks
2026 2025
£ £
Stock 60,533 55,256
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 302,743 342,079
Other debtors 23,029 37,225
325,772 379,304
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 9,944 13,424
Lease liabilities 4,274 -
Trade creditors 383,359 422,155
Bank loans and overdrafts 834 9,900
Other creditors 5,467 26,476
Taxation and social security 58,792 52,151
462,670 524,106
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9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 1,657 19,727
Lease liabilities 5,699 -
Bank loans - 933
7,356 20,660
10. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,944 13,424
Later than one year and not later than five years 1,657 19,727
11,601 33,151
11,601 33,151
11. Lease Liabilities
2026 2025
£ £
Not later than one year 4,274 -
Later than one year and not later than five years 5,699 -
9,973 -
12. Deferred Taxation
The provision for deferred tax is made up as follows:
2026 2025
£ £
Other timing differences 3,483 3,866
13. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
14. Dividends
2026 2025
£ £
On equity shares:
Interim dividend paid 135,000 98,000
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