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 12314512 Mr Shaun Todd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12314512 2022-11-30 12314512 2023-11-30 12314512 2022-12-01 2023-11-30 12314512 frs-core:CurrentFinancialInstruments 2023-11-30 12314512 frs-core:Non-currentFinancialInstruments 2023-11-30 12314512 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 12314512 frs-core:ShareCapital 2023-11-30 12314512 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 12314512 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12314512 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 12314512 frs-bus:SmallEntities 2022-12-01 2023-11-30 12314512 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12314512 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 12314512 frs-bus:Director1 2022-12-01 2023-11-30 12314512 frs-countries:EnglandWales 2022-12-01 2023-11-30 12314512 2021-11-30 12314512 2022-11-30 12314512 2021-12-01 2022-11-30 12314512 frs-core:CurrentFinancialInstruments 2022-11-30 12314512 frs-core:Non-currentFinancialInstruments 2022-11-30 12314512 frs-core:ShareCapital 2022-11-30 12314512 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 12314512
Shao/Todd Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
MK Accountancy
160 Margate Road
Ramsgate
CT12 6AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12314512
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 167 15,124
Cash at bank and in hand 511 63,800
678 78,924
Creditors: Amounts Falling Due Within One Year 5 (673,719 ) (539,723 )
NET CURRENT ASSETS (LIABILITIES) (673,041 ) (460,799 )
TOTAL ASSETS LESS CURRENT LIABILITIES (673,041 ) (460,799 )
Creditors: Amounts Falling Due After More Than One Year 6 (14,027 ) (20,416 )
NET LIABILITIES (687,068 ) (481,215 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (687,070 ) (481,217 )
SHAREHOLDERS' FUNDS (687,068) (481,215)
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Shaun Todd
Director
18/04/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Shao/Todd Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12314512 . The registered office is 160 Margate Road, Ramsgate, Kent, CT12 6AA.
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 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.
2.3. 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:
Freehold 0
2.4. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Debtors
2023 2022
£ £
Due within one year
VAT 167 15,124
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5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 850 850
Director's loan account 672,869 538,873
673,719 539,723
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Government grants after one year 14,027 20,416
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
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