Acorah Software Products - Accounts Production 14.6.300 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 01519697 Miss Mandie Deakes Mrs Eileen Deakes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01519697 2022-11-30 01519697 2023-11-30 01519697 2022-12-01 2023-11-30 01519697 frs-core:CurrentFinancialInstruments 2023-11-30 01519697 frs-core:ComputerEquipment 2023-11-30 01519697 frs-core:ComputerEquipment 2022-12-01 2023-11-30 01519697 frs-core:ComputerEquipment 2022-11-30 01519697 frs-core:FurnitureFittings 2023-11-30 01519697 frs-core:FurnitureFittings 2022-12-01 2023-11-30 01519697 frs-core:FurnitureFittings 2022-11-30 01519697 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 01519697 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 01519697 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 01519697 frs-core:PlantMachinery 2023-11-30 01519697 frs-core:PlantMachinery 2022-12-01 2023-11-30 01519697 frs-core:PlantMachinery 2022-11-30 01519697 frs-core:CapitalRedemptionReserve 2023-11-30 01519697 frs-core:ShareCapital 2023-11-30 01519697 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 01519697 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 01519697 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 01519697 frs-bus:SmallEntities 2022-12-01 2023-11-30 01519697 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 01519697 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 01519697 frs-bus:Director1 2022-12-01 2023-11-30 01519697 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 01519697 frs-countries:EnglandWales 2022-12-01 2023-11-30 01519697 2021-11-30 01519697 2022-11-30 01519697 2021-12-01 2022-11-30 01519697 frs-core:CurrentFinancialInstruments 2022-11-30 01519697 frs-core:CapitalRedemptionReserve 2022-11-30 01519697 frs-core:ShareCapital 2022-11-30 01519697 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 01519697
Adventure Enterprises 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: 01519697
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 260,408 269,881
260,408 269,881
CURRENT ASSETS
Stocks 5 11,000 11,122
Debtors 6 1,935 1,774
Cash at bank and in hand 476,815 398,247
489,750 411,143
Creditors: Amounts Falling Due Within One Year 7 (69,675 ) (59,831 )
NET CURRENT ASSETS (LIABILITIES) 420,075 351,312
TOTAL ASSETS LESS CURRENT LIABILITIES 680,483 621,193
NET ASSETS 680,483 621,193
CAPITAL AND RESERVES
Called up share capital 8 600 600
Capital redemption reserve 400 400
Profit and Loss Account 679,483 620,193
SHAREHOLDERS' FUNDS 680,483 621,193
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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
Miss Mandie Deakes
Director
06/08/2024
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
Adventure Enterprises Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01519697 . The registered office is Adventure Place, Hanley, Stoke-On-Trent, Staffs, ST1 3NS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are presented in sterling which is the functional currency of the entity.

The monetary amounts included in the accounts have been rounded to the nearest £.
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 rendering of services. Turnover is recognised when the company obtains the right to receive consideration for services provided.
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 freehold building 2% cost, land not depreciated
Plant & Machinery 15% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 25% straight line
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs.
2.5. Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. The basic financial instruments of the company are as follows:

Debtors
Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estmated irrecoverable amounts are recoginsed in the Profit and Loss account when there is objective evidence that the asset is impaired.

Cash at bank and in hand
This comprises cash at bank and in hand.

Trade creditors
Trade creditors are not interest bearing and are stated at their nominal value.
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2.6. 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.
2.7. Pensions
The company operates a defined pension contribution 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: 12 (2022: 11)
12 11
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2022 369,948 30,622 213,248 1,279 615,097
Additions - - 1,300 - 1,300
As at 30 November 2023 369,948 30,622 214,548 1,279 616,397
Depreciation
As at 1 December 2022 130,088 29,020 184,829 1,279 345,216
Provided during the period 6,074 241 4,458 - 10,773
As at 30 November 2023 136,162 29,261 189,287 1,279 355,989
...CONTINUED
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Net Book Value
As at 30 November 2023 233,786 1,361 25,261 - 260,408
As at 1 December 2022 239,860 1,602 28,419 - 269,881
5. Stocks
2023 2022
£ £
Finished goods 11,000 11,122
6. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 1,935 1,774
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 5,378 7,881
Corporation tax 30,000 23,000
Other taxes and social security 4,396 808
VAT 20,525 19,679
Other creditors 2,434 306
Accruals and deferred income 5,875 5,725
Director's loan account 1,067 2,432
69,675 59,831
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 600 600
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