Acorah Software Products - Accounts Production 14.5.501 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 08287903 Mr B Stockton Mr E P Burrell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08287903 2022-11-30 08287903 2023-11-30 08287903 2022-12-01 2023-11-30 08287903 frs-core:CurrentFinancialInstruments 2023-11-30 08287903 frs-core:Non-currentFinancialInstruments 2023-11-30 08287903 frs-core:BetweenOneFiveYears 2023-11-30 08287903 frs-core:ComputerEquipment 2022-12-01 2023-11-30 08287903 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-01 2023-11-30 08287903 frs-core:NetGoodwill 2023-11-30 08287903 frs-core:NetGoodwill 2022-12-01 2023-11-30 08287903 frs-core:NetGoodwill 2022-11-30 08287903 frs-core:MotorVehicles 2023-11-30 08287903 frs-core:MotorVehicles 2022-12-01 2023-11-30 08287903 frs-core:MotorVehicles 2022-11-30 08287903 frs-core:OtherResidualIntangibleAssets 2023-11-30 08287903 frs-core:OtherResidualIntangibleAssets 2022-12-01 2023-11-30 08287903 frs-core:OtherResidualIntangibleAssets 2022-11-30 08287903 frs-core:PlantMachinery 2023-11-30 08287903 frs-core:PlantMachinery 2022-12-01 2023-11-30 08287903 frs-core:PlantMachinery 2022-11-30 08287903 frs-core:SharePremium 2023-11-30 08287903 frs-core:ShareCapital 2023-11-30 08287903 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 08287903 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08287903 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 08287903 frs-bus:SmallEntities 2022-12-01 2023-11-30 08287903 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 08287903 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 08287903 frs-bus:Director1 2022-12-01 2023-11-30 08287903 frs-bus:Director1 2022-11-30 08287903 frs-bus:Director1 2023-11-30 08287903 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 08287903 frs-countries:EnglandWales 2022-12-01 2023-11-30 08287903 2021-11-30 08287903 2022-11-30 08287903 2021-12-01 2022-11-30 08287903 frs-core:CurrentFinancialInstruments 2022-11-30 08287903 frs-core:Non-currentFinancialInstruments 2022-11-30 08287903 frs-core:BetweenOneFiveYears 2022-11-30 08287903 frs-core:SharePremium 2022-11-30 08287903 frs-core:ShareCapital 2022-11-30 08287903 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 08287903
Qing Consulting Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08287903
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 443,776 381,364
Tangible Assets 5 23,199 27,038
466,975 408,402
CURRENT ASSETS
Debtors 6 295,881 254,314
Cash at bank and in hand 39 24,170
295,920 278,484
Creditors: Amounts Falling Due Within One Year 7 (182,813 ) (129,176 )
NET CURRENT ASSETS (LIABILITIES) 113,107 149,308
TOTAL ASSETS LESS CURRENT LIABILITIES 580,082 557,710
Creditors: Amounts Falling Due After More Than One Year 8 (439,557 ) (434,281 )
NET ASSETS 140,525 123,429
CAPITAL AND RESERVES
Called up share capital 9 78 78
Share premium account 231,874 231,874
Profit and Loss Account (91,427 ) (108,523 )
SHAREHOLDERS' FUNDS 140,525 123,429
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 B Stockton
Director
31 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
Qing Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08287903 . The registered office is Unit 1 Henley Farm, Acton Scott, Church Stretton, Shropshire, SY6 6RS.
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. The cost of the goodwill has been fully amortised to to the profit and loss account.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are relate to the company's website, which is amortised to the profit and loss account over its estimated economic life of ten years.
2.5. 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 10% and 20% straight line basis
Motor Vehicles 25% straight line basis
Computer Equipment 33% straight line basis
2.6. 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.
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2022: 8)
7 8
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Page 4
4. Intangible Assets
Goodwill Website Total
£ £ £
Cost
As at 1 December 2022 159,500 689,627 849,127
Additions - 135,797 135,797
As at 30 November 2023 159,500 825,424 984,924
Amortisation
As at 1 December 2022 159,500 308,263 467,763
Provided during the period - 73,385 73,385
As at 30 November 2023 159,500 381,648 541,148
Net Book Value
As at 30 November 2023 - 443,776 443,776
As at 1 December 2022 - 381,364 381,364
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 December 2022 33,021 21,641 54,662
Additions 3,761 - 3,761
As at 30 November 2023 36,782 21,641 58,423
Depreciation
As at 1 December 2022 25,544 2,080 27,624
Provided during the period 2,190 5,410 7,600
As at 30 November 2023 27,734 7,490 35,224
Net Book Value
As at 30 November 2023 9,048 14,151 23,199
As at 1 December 2022 7,477 19,561 27,038
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 28,118 29,615
Other debtors 267,763 224,699
295,881 254,314
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 4,912 4,913
Trade creditors 2,407 16,812
Bank loans and overdrafts 136,753 29,000
Other creditors 7,827 36,998
Taxation and social security 30,914 41,453
182,813 129,176
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 2,517 7,430
Bank loans 59,588 49,399
Other loans 377,452 377,452
439,557 434,281
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 78 78
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2023 2022
£ £
Later than one year and not later than five years 10,094 9,831
10,094 9,831
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2022 Amounts advanced Amounts repaid Amounts written off As at 30 November 2023
£ £ £ £ £
Mr Benjamin Stockton 171,185 32,311 - - 203,496
The above loan is repayable on demand and interest has been charged in line with HMRC's official rates.
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