Acorah Software Products - Accounts Production 14.5.601 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09517305 Mr Nicholas Price Mr Michael Humphreys iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09517305 2022-11-30 09517305 2023-11-30 09517305 2022-12-01 2023-11-30 09517305 frs-core:CurrentFinancialInstruments 2023-11-30 09517305 frs-core:Non-currentFinancialInstruments 2023-11-30 09517305 frs-core:ComputerEquipment 2023-11-30 09517305 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09517305 frs-core:ComputerEquipment 2022-11-30 09517305 frs-core:NetGoodwill 2023-11-30 09517305 frs-core:NetGoodwill 2022-12-01 2023-11-30 09517305 frs-core:NetGoodwill 2022-11-30 09517305 frs-core:PlantMachinery 2023-11-30 09517305 frs-core:PlantMachinery 2022-12-01 2023-11-30 09517305 frs-core:PlantMachinery 2022-11-30 09517305 frs-core:ShareCapital 2023-11-30 09517305 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09517305 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09517305 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09517305 frs-bus:SmallEntities 2022-12-01 2023-11-30 09517305 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09517305 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09517305 frs-bus:Director1 2022-12-01 2023-11-30 09517305 frs-bus:Director2 2022-12-01 2023-11-30 09517305 frs-countries:EnglandWales 2022-12-01 2023-11-30 09517305 2021-11-30 09517305 2022-11-30 09517305 2021-12-01 2022-11-30 09517305 frs-core:CurrentFinancialInstruments 2022-11-30 09517305 frs-core:Non-currentFinancialInstruments 2022-11-30 09517305 frs-core:ShareCapital 2022-11-30 09517305 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09517305
KB2 Consulting Engineers Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Tyler Redmore Chartered Accountants
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09517305
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 28,000 42,000
Tangible Assets 5 6,252 8,495
34,252 50,495
CURRENT ASSETS
Debtors 6 276,999 228,159
Cash at bank and in hand 251,000 256,184
527,999 484,343
Creditors: Amounts Falling Due Within One Year 7 (263,826 ) (232,748 )
NET CURRENT ASSETS (LIABILITIES) 264,173 251,595
TOTAL ASSETS LESS CURRENT LIABILITIES 298,425 302,090
Creditors: Amounts Falling Due After More Than One Year 8 (22,559 ) (45,122 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (210 )
NET ASSETS 275,866 256,758
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account 275,856 256,748
SHAREHOLDERS' FUNDS 275,866 256,758
Page 1
Page 2
For the year ending 30 November 2023 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 Nicholas Price
Director
16/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
KB2 Consulting Engineers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09517305 . The registered office is 12 Dowry Square, Hotwells, Bristol, BS8 4SH.
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 rendering of services and is recognised by reference to the stage of completion of the contract.
2.3. 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 10 years.
2.4. 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 33% straight line basis
Computer Equipment 20% straight line basis
2.5. Taxation
The corporation tax expense or credit represents the sum of the tax currently payable and deferred tax.
The tax currently payable or repayable is based on the taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. It also includes claims for Research and Development allowances. 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 material taxable timing differences.
3. Average Number of Employees
Average number of employees, including directors, during the year was  15 (2022: 14)
15 14
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2022 140,000
As at 30 November 2023 140,000
Amortisation
As at 1 December 2022 98,000
Provided during the period 14,000
As at 30 November 2023 112,000
Net Book Value
As at 30 November 2023 28,000
As at 1 December 2022 42,000
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5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 December 2022 3,466 27,103 30,569
Additions - 2,095 2,095
As at 30 November 2023 3,466 29,198 32,664
Depreciation
As at 1 December 2022 2,765 19,309 22,074
Provided during the period 701 3,637 4,338
As at 30 November 2023 3,466 22,946 26,412
Net Book Value
As at 30 November 2023 - 6,252 6,252
As at 1 December 2022 701 7,794 8,495
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 240,283 193,134
Prepayments and accrued income 36,716 29,195
Other debtors - 5,830
276,999 228,159
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 30,363 13,860
VAT 77,787 69,352
Other creditors 24,003 18,560
Accruals and deferred income 106,879 107,250
Directors' loan accounts 24,794 23,726
263,826 232,748
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Directors loan account 22,559 45,122
22,559 45,122
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 10 10
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