Acorah Software Products - Accounts Production 15.0.500 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 05264954 Mr N D Buggy F A Moore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05264954 2022-10-31 05264954 2023-10-31 05264954 2022-11-01 2023-10-31 05264954 frs-core:CurrentFinancialInstruments 2023-10-31 05264954 frs-core:Non-currentFinancialInstruments 2023-10-31 05264954 frs-core:ComputerEquipment 2023-10-31 05264954 frs-core:ComputerEquipment 2022-11-01 2023-10-31 05264954 frs-core:ComputerEquipment 2022-10-31 05264954 frs-core:NetGoodwill 2023-10-31 05264954 frs-core:NetGoodwill 2022-11-01 2023-10-31 05264954 frs-core:NetGoodwill 2022-10-31 05264954 frs-core:MotorVehicles 2023-10-31 05264954 frs-core:MotorVehicles 2022-11-01 2023-10-31 05264954 frs-core:MotorVehicles 2022-10-31 05264954 frs-core:ShareCapital 2023-10-31 05264954 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 05264954 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 05264954 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 05264954 frs-bus:SmallEntities 2022-11-01 2023-10-31 05264954 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 05264954 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 05264954 frs-core:ListedExchangeTraded 2023-10-31 05264954 frs-core:ListedExchangeTraded 2022-10-31 05264954 frs-core:CostValuation frs-core:ListedExchangeTraded 2022-10-31 05264954 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2023-10-31 05264954 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-10-31 05264954 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2022-10-31 05264954 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-10-31 05264954 frs-bus:Director1 2022-11-01 2023-10-31 05264954 frs-bus:CompanySecretary1 2022-11-01 2023-10-31 05264954 frs-core:CurrentFinancialInstruments 1 2023-10-31 05264954 frs-countries:EnglandWales 2022-11-01 2023-10-31 05264954 2021-10-31 05264954 2022-10-31 05264954 2021-11-01 2022-10-31 05264954 frs-core:CurrentFinancialInstruments 2022-10-31 05264954 frs-core:Non-currentFinancialInstruments 2022-10-31 05264954 frs-core:ShareCapital 2022-10-31 05264954 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 05264954 frs-core:CurrentFinancialInstruments 1 2022-10-31
Registered number: 05264954
Nb Partitions & Ceilings Limited
Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05264954
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 37,671 9,098
Investments 6 180,240 174,240
217,911 183,338
CURRENT ASSETS
Debtors 7 59,543 9,263
Cash at bank and in hand 5,088 18,530
64,631 27,793
Creditors: Amounts Falling Due Within One Year 8 (128,474 ) (39,416 )
NET CURRENT ASSETS (LIABILITIES) (63,843 ) (11,623 )
TOTAL ASSETS LESS CURRENT LIABILITIES 154,068 171,715
Creditors: Amounts Falling Due After More Than One Year 9 (15,868 ) (25,982 )
NET ASSETS 138,200 145,733
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 138,100 145,633
SHAREHOLDERS' FUNDS 138,200 145,733
Page 1
Page 2
For the year ending 31 October 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 N D Buggy
Director
26 July 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Nb Partitions & Ceilings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05264954 . The registered office is 550 Valley Road, Basford, Nottingham, NG5 1JJ.
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. 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 .... 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:
Motor Vehicles 20% Reducing Balance
Computer Equipment 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2022 30,000
As at 31 October 2023 30,000
Amortisation
As at 1 November 2022 30,000
As at 31 October 2023 30,000
Net Book Value
As at 31 October 2023 -
As at 1 November 2022 -
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Page 4
5. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 November 2022 24,275 8,750 33,025
Additions 37,990 - 37,990
As at 31 October 2023 62,265 8,750 71,015
Depreciation
As at 1 November 2022 16,409 7,518 23,927
Provided during the period 9,171 246 9,417
As at 31 October 2023 25,580 7,764 33,344
Net Book Value
As at 31 October 2023 36,685 986 37,671
As at 1 November 2022 7,866 1,232 9,098
6. Investments
Listed
£
Cost
As at 1 November 2022 174,240
Additions 6,000
As at 31 October 2023 180,240
Provision
As at 1 November 2022 -
As at 31 October 2023 -
Net Book Value
As at 31 October 2023 180,240
As at 1 November 2022 174,240
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 54,985 6,991
VAT 4,558 1,998
Other taxes and social security - 274
59,543 9,263
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Page 5
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 26,725 21,638
Bank loans and overdrafts 22,034 9,865
Other taxes and social security 278 -
Other creditors 1,564 2,650
Credit Card 4,633 1,542
Accruals and deferred income 892 3,028
Director's loan account 72,348 693
128,474 39,416
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 15,868 25,982
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5