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 9856462 Mrs Guat Turnbull iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9856462 2022-11-30 9856462 2023-11-30 9856462 2022-12-01 2023-11-30 9856462 frs-core:CurrentFinancialInstruments 2023-11-30 9856462 frs-core:ComputerEquipment 2023-11-30 9856462 frs-core:ComputerEquipment 2022-12-01 2023-11-30 9856462 frs-core:ComputerEquipment 2022-11-30 9856462 frs-core:PlantMachinery 2023-11-30 9856462 frs-core:PlantMachinery 2022-12-01 2023-11-30 9856462 frs-core:PlantMachinery 2022-11-30 9856462 frs-core:ShareCapital 2023-11-30 9856462 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 9856462 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 9856462 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 9856462 frs-bus:SmallEntities 2022-12-01 2023-11-30 9856462 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 9856462 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 9856462 frs-bus:Director1 2022-12-01 2023-11-30 9856462 frs-countries:EnglandWales 2022-12-01 2023-11-30 9856462 2021-11-30 9856462 2022-11-30 9856462 2021-12-01 2022-11-30 9856462 frs-core:CurrentFinancialInstruments 2022-11-30 9856462 frs-core:ShareCapital 2022-11-30 9856462 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 9856462
Hair @ No 75
Unaudited Financial Statements
For The Year Ended 30 November 2023
Blueband Accountancy Limited
FMAAT
3 Stanley Way
Orpington
Kent
BR5 2HE
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 9856462
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,505 1,019
1,505 1,019
CURRENT ASSETS
Debtors 5 382 483
Cash at bank and in hand 93,069 86,373
93,451 86,856
Creditors: Amounts Falling Due Within One Year 6 (84,933 ) (61,992 )
NET CURRENT ASSETS (LIABILITIES) 8,518 24,864
TOTAL ASSETS LESS CURRENT LIABILITIES 10,023 25,883
NET ASSETS 10,023 25,883
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 10,022 25,882
SHAREHOLDERS' FUNDS 10,023 25,883
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 her 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
Mrs Guat Turnbull
Director
01/04/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Hair @ No 75 is a private company, limited by shares, incorporated in England & Wales, registered number 9856462 . The registered office is 3 Stanley Way, Orpington, Kent, BR5 2HE.
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:
Plant & Machinery 20% Straightline over 5 yrs
Computer Equipment 20% Straightline over 5 yrs
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 December 2022 1,840 1,085 2,925
Additions 180 690 870
As at 30 November 2023 2,020 1,775 3,795
Depreciation
As at 1 December 2022 1,212 694 1,906
Provided during the period 210 174 384
As at 30 November 2023 1,422 868 2,290
Net Book Value
As at 30 November 2023 598 907 1,505
As at 1 December 2022 628 391 1,019
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 233 333
Prepayments and accrued income 149 150
382 483
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 425 33
Corporation tax 5,549 5,377
Accruals and deferred income 990 990
Director's loan account 77,969 55,592
84,933 61,992
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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