Acorah Software Products - Accounts Production 6.9.025 false G Hill true 1 June 2017 31 May 2018 31 May 2018 03571836 Mr Graham Hill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03571836 2017-05-31 03571836 2018-05-31 03571836 2017-06-01 2018-05-31 03571836 frs-core:CurrentFinancialInstruments 2018-05-31 03571836 frs-core:CurrentFinancialInstruments 2017-06-01 2018-05-31 03571836 frs-core:Non-currentFinancialInstruments 2018-05-31 03571836 frs-core:Non-currentFinancialInstruments 2017-06-01 2018-05-31 03571836 frs-core:CurrentFinancialInstruments 2017-06-01 2018-05-31 03571836 frs-core:CurrentFinancialInstruments 2018-05-31 03571836 frs-core:AfterOneYear 2017-06-01 2018-05-31 03571836 frs-core:BetweenOneFiveYears 2017-06-01 2018-05-31 03571836 frs-core:BetweenOneFiveYears 2018-05-31 03571836 frs-core:ComputerEquipment 2018-05-31 03571836 frs-core:ComputerEquipment 2017-06-01 2018-05-31 03571836 frs-core:ComputerEquipment 2017-05-31 03571836 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dpl-frs:Item11 2017-05-31 03571836 dpl-frs:DistributionCosts dpl-frs:Item11 2016-06-01 2017-05-31 03571836 dpl-frs:AdministrativeExpenses dpl-frs:Item11 2016-06-01 2017-05-31 03571836 dpl-frs:Item12 2016-06-01 2017-05-31 03571836 dpl-frs:Item12 2016-05-31 03571836 dpl-frs:Item12 2017-05-31 03571836 dpl-frs:CostSales dpl-frs:Item12 2016-06-01 2017-05-31 03571836 dpl-frs:CostSales dpl-frs:Item12 2016-05-31 03571836 dpl-frs:CostSales dpl-frs:Item12 2017-05-31 03571836 dpl-frs:DistributionCosts dpl-frs:Item12 2016-06-01 2017-05-31 03571836 dpl-frs:AdministrativeExpenses dpl-frs:Item12 2016-06-01 2017-05-31 03571836 1 2016-06-01 2017-05-31 03571836 frs-countries:EnglandWales 2016-06-01 2017-05-31
Registered number: 03571836
A & P Hill Fruit Limited
Unaudited Financial Statements
For The Year Ended 31 May 2018
Reynolds

Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Balance Sheet
Registered number: 03571836
2018 2017
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 7 - 11,434
Tangible Assets 8 25,323 11,831
Investments 9 67 67
25,390 23,332
CURRENT ASSETS
Debtors 10 283,744 226,410
Cash at bank and in hand 62,494 25,049
346,238 251,459
Creditors: Amounts Falling Due Within One Year 11 (294,283 ) (273,131 )
NET CURRENT ASSETS (LIABILITIES) 51,955 (21,672 )
TOTAL ASSETS LESS CURRENT LIABILITIES 77,345 1,660
NET ASSETS 77,345 1,660
CAPITAL AND RESERVES
Called up share capital 13 1,000 1,000
Profit and Loss Account 76,345 660
SHAREHOLDERS' FUNDS 77,345 1,660
Page 1
For the year ending 31 May 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • 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 Graham Hill
15/11/2018

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.
1.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 25% reducing balance and 3 years straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 15% reducing balance
Computer Equipment 3 years straight line
1.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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 profit and loss account as incurred.
1.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 3
1.7. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
1.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
4. Average Number of Employees
Average number of employees, including directors, during the year was 6 (2017: 7).
7. Intangible Assets
Goodwill
£
Cost
As at 1 June 2017 228,675
As at 31 May 2018 228,675
Amortisation
As at 1 June 2017 217,241
Provided during the period 11,434
As at 31 May 2018 228,675
Net Book Value
As at 31 May 2018 -
As at 1 June 2017 11,434
Page 4
8. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2017 192,897 17,450 14,734 13,573 238,654
Additions - 20,090 - - 20,090
Disposals - (3,350 ) - - (3,350 )
As at 31 May 2018 192,897 34,190 14,734 13,573 255,394
Depreciation
As at 1 June 2017 188,030 16,455 9,676 12,662 226,823
Provided during the period 2,600 2,512 757 572 6,441
Disposals - (3,193 ) - - (3,193 )
As at 31 May 2018 190,630 15,774 10,433 13,234 230,071
Net Book Value
As at 31 May 2018 2,267 18,416 4,301 339 25,323
As at 1 June 2017 4,867 995 5,058 911 11,831
9. Investments
Unlisted
£
Cost
As at 1 June 2017 67
As at 31 May 2018 67
Provision
As at 1 June 2017 -
As at 31 May 2018 -
Net Book Value
As at 31 May 2018 67
As at 1 June 2017 67
Page 5
10. Debtors
2018 2017
£ £
Due within one year
Trade debtors 265,768 190,431
Prepayments and accrued income 899 22,217
VAT 17,077 2,609
Directors' loan accounts - 11,153
283,744 226,410
11. Creditors: Amounts Falling Due Within One Year
2018 2017
£ £
Net obligations under finance lease and hire purchase contracts - 2,378
Trade creditors 194,548 232,639
Corporation tax 58,535 31,822
Other taxes and social security 1,789 1,871
Other creditors - 215
Accruals and deferred income 39,219 4,206
Directors' loan accounts 192 -
294,283 273,131
12. Obligations Under Finance Leases and Hire Purchase
2018 2017
£ £
The maturity of these amounts is as follows:
Amounts Payable:
Within one year - 2,378
- 2,378
- 2,378
13. Share Capital
2018 2017
Allotted, Called up and fully paid 1,000 1,000
14. Ultimate Controlling Party
The company's ultimate controlling party is G Hill by virtue of his ownership of 100% of the issued share capital in the company.
15. General Information
A & P Hill Fruit Limited Registered number 03571836 is a limited by shares company incorporated in England & Wales. The Registered Office is Oakleigh, Thorn Road, Marden, Tonbridge, TN12 9EJ.
Page 6