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 09325276 Mr Gary Baxter Mr Thomas Baxter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09325276 2022-11-30 09325276 2023-11-30 09325276 2022-12-01 2023-11-30 09325276 frs-core:CurrentFinancialInstruments 2023-11-30 09325276 frs-core:Non-currentFinancialInstruments 2023-11-30 09325276 frs-core:BetweenOneFiveYears 2023-11-30 09325276 frs-core:ComputerEquipment 2023-11-30 09325276 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09325276 frs-core:ComputerEquipment 2022-11-30 09325276 frs-core:FurnitureFittings 2023-11-30 09325276 frs-core:FurnitureFittings 2022-12-01 2023-11-30 09325276 frs-core:FurnitureFittings 2022-11-30 09325276 frs-core:MotorVehicles 2023-11-30 09325276 frs-core:MotorVehicles 2022-12-01 2023-11-30 09325276 frs-core:MotorVehicles 2022-11-30 09325276 frs-core:PlantMachinery 2023-11-30 09325276 frs-core:PlantMachinery 2022-12-01 2023-11-30 09325276 frs-core:PlantMachinery 2022-11-30 09325276 frs-core:WithinOneYear 2023-11-30 09325276 frs-core:ShareCapital 2023-11-30 09325276 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09325276 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09325276 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09325276 frs-bus:SmallEntities 2022-12-01 2023-11-30 09325276 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09325276 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09325276 frs-bus:Director1 2022-12-01 2023-11-30 09325276 frs-bus:Director2 2022-12-01 2023-11-30 09325276 frs-countries:EnglandWales 2022-12-01 2023-11-30 09325276 2021-11-30 09325276 2022-11-30 09325276 2021-12-01 2022-11-30 09325276 frs-core:CurrentFinancialInstruments 2022-11-30 09325276 frs-core:Non-currentFinancialInstruments 2022-11-30 09325276 frs-core:BetweenOneFiveYears 2022-11-30 09325276 frs-core:WithinOneYear 2022-11-30 09325276 frs-core:ShareCapital 2022-11-30 09325276 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09325276
Muneris Product By Design Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Lewis's
Windsor House
44 High Road, Balby
Doncaster
South Yorkshire
DN4 0PL
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09325276
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 335,838 117,990
Investment Properties 5 711,493 711,493
1,047,331 829,483
CURRENT ASSETS
Debtors 6 104,271 190,550
Cash at bank and in hand 205,062 243,879
309,333 434,429
Creditors: Amounts Falling Due Within One Year 7 (122,701 ) (171,988 )
NET CURRENT ASSETS (LIABILITIES) 186,632 262,441
TOTAL ASSETS LESS CURRENT LIABILITIES 1,233,963 1,091,924
Creditors: Amounts Falling Due After More Than One Year 8 (148,203 ) (55,167 )
NET ASSETS 1,085,760 1,036,757
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 1,085,660 1,036,657
SHAREHOLDERS' FUNDS 1,085,760 1,036,757
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 Gary Baxter
Director
15/04/2024
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
Muneris Product By Design Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09325276 . The registered office is King Street Works, Oxford Road, Bradford, BD11 1EJ.
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.
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:
Plant & Machinery 15% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
2.4. Investment Properties
Investment property is shown at the most recent valuation. Any aggregare surplus or deficit arising from changes in fair value is recognised in the profit and loss account.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under 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.
2.6. 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.
2.7. 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 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.
...CONTINUED
Page 3
Page 4
2.7. Taxation - continued
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 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.
2.8. Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 3)
5 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2022 36,886 120,942 19,480 11,515 188,823
Additions 283 388,970 541 2,380 392,174
Disposals - (104,940 ) - - (104,940 )
As at 30 November 2023 37,169 404,972 20,021 13,895 476,057
Depreciation
As at 1 December 2022 16,298 35,751 10,887 7,897 70,833
Provided during the period 3,131 74,112 2,169 1,414 80,826
Disposals - (11,440 ) - - (11,440 )
As at 30 November 2023 19,429 98,423 13,056 9,311 140,219
Net Book Value
As at 30 November 2023 17,740 306,549 6,965 4,584 335,838
As at 1 December 2022 20,588 85,191 8,593 3,618 117,990
5. Investment Property
2023
£
Fair Value
As at 1 December 2022 and 30 November 2023 711,493
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 103,311 187,651
Prepayments and accrued income 460 399
Other debtors 500 2,500
104,271 190,550
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 40,263 6,299
Trade creditors 33,381 624
Corporation tax 19,720 110,020
Other taxes and social security - 51
VAT 22,516 28,220
Other creditors 90 90
Accruals and deferred income 5,719 5,310
Directors' loan accounts 1,012 21,374
122,701 171,988
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 148,203 55,167
148,203 55,167
9. Secured Creditors
Of the creditors the following amounts are secured.
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 188,466 61,466
10. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 40,263 6,299
Later than one year and not later than five years 148,203 55,167
188,466 61,466
188,466 61,466
11. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
12. Dividends
2023 2022
£ £
On equity shares:
Interim dividend paid 14,400 3,300
14,400 3,300
Page 5
Page 6
13. Related Party Transactions
SPL Components Ltd 
A company controlled by Mr. G.P. Baxter
2023
2022
£
£
image
image
Included in Sales
219,023
image
324,558
image

image
image
Included in Trade Debtors
104,000
image
59,800
image
Page 6