Acorah Software Products - Accounts Production 12.2.108 false 19 November 2020 30 November 2021 30 November 2021 13032294 Miss Susanna Garton Mr Anthony Shrubb iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13032294 2020-11-18 13032294 2021-11-30 13032294 2020-11-19 2021-11-30 13032294 frs-core:CurrentFinancialInstruments 2021-11-30 13032294 frs-core:CurrentFinancialInstruments 2020-11-19 2021-11-30 13032294 frs-core:Non-currentFinancialInstruments 2021-11-30 13032294 frs-core:Non-currentFinancialInstruments 2020-11-19 2021-11-30 13032294 frs-core:CurrentFinancialInstruments 2020-11-19 2021-11-30 13032294 frs-core:CurrentFinancialInstruments 2021-11-30 13032294 frs-core:AfterOneYear 2020-11-19 2021-11-30 13032294 frs-core:BetweenOneFiveYears 2020-11-19 2021-11-30 13032294 frs-core:BetweenOneFiveYears 2021-11-30 13032294 frs-core:ComputerEquipment 2021-11-30 13032294 frs-core:ComputerEquipment 2020-11-19 2021-11-30 13032294 frs-core:ComputerEquipment 2020-11-18 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Registered number: 13032294
Pip Farm Limited
ABRIDGED Financial Statements
For the Period 19 November 2020 to 30 November 2021
Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 13032294
30 November 2021
Notes £ £
FIXED ASSETS
Tangible Assets 3 18,448
18,448
CURRENT ASSETS
Cash at bank and in hand 16,925
16,925
Creditors: Amounts Falling Due Within One Year (31,790 )
NET CURRENT ASSETS (LIABILITIES) (14,865 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,583
NET ASSETS 3,583
CAPITAL AND RESERVES
Called up share capital 4 100
Profit and Loss Account 3,483
SHAREHOLDERS' FUNDS 3,583
Page 1
Page 2
For the period ending 30 November 2021 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 November 2021 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Miss Susanna Garton
Director
9th August 2022
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged 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 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.
1.3. 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
Fixtures & Fittings 20% reducing balance
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1
1
3. Tangible Assets
Total
£
Cost
As at 19 November 2020 23,251
As at 30 November 2021 23,251
Depreciation
As at 19 November 2020 -
Provided during the period 4,803
As at 30 November 2021 4,803
Net Book Value
As at 30 November 2021 18,448
As at 19 November 2020 23,251
4. Share Capital
30 November 2021
Allotted, Called up and fully paid 100
Page 3
Page 4
5. General Information
Pip Farm Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13032294 . The registered office is 156, Newton Road, Torquay, Devon, TQ2 7AQ.
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