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 00321426 Mr John Barron Mrs Paula Barron iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00321426 2022-11-30 00321426 2023-11-30 00321426 2022-12-01 2023-11-30 00321426 frs-core:CurrentFinancialInstruments 2023-11-30 00321426 frs-core:ComputerEquipment 2023-11-30 00321426 frs-core:ComputerEquipment 2022-12-01 2023-11-30 00321426 frs-core:ComputerEquipment 2022-11-30 00321426 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 00321426 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 00321426 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 00321426 frs-core:MotorVehicles 2023-11-30 00321426 frs-core:MotorVehicles 2022-12-01 2023-11-30 00321426 frs-core:MotorVehicles 2022-11-30 00321426 frs-core:PlantMachinery 2023-11-30 00321426 frs-core:PlantMachinery 2022-12-01 2023-11-30 00321426 frs-core:PlantMachinery 2022-11-30 00321426 frs-core:RevaluationReserve 2022-11-30 00321426 frs-core:RevaluationReserve 2023-11-30 00321426 frs-core:ShareCapital 2023-11-30 00321426 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 00321426 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 00321426 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 00321426 frs-bus:SmallEntities 2022-12-01 2023-11-30 00321426 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 00321426 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 00321426 frs-bus:Director1 2022-12-01 2023-11-30 00321426 frs-bus:Director2 2022-12-01 2023-11-30 00321426 frs-countries:EnglandWales 2022-12-01 2023-11-30 00321426 2021-11-30 00321426 2022-11-30 00321426 2021-12-01 2022-11-30 00321426 frs-core:CurrentFinancialInstruments 2022-11-30 00321426 frs-core:RevaluationReserve 2022-11-30 00321426 frs-core:ShareCapital 2022-11-30 00321426 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 00321426
George Romney Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00321426
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 352,777 159,281
352,777 159,281
CURRENT ASSETS
Stocks 5 198,148 249,643
Debtors 6 123,430 104,573
Investments 7 - 171,888
Cash at bank and in hand 333,126 257,809
654,704 783,913
Creditors: Amounts Falling Due Within One Year 8 (231,304 ) (203,624 )
NET CURRENT ASSETS (LIABILITIES) 423,400 580,289
TOTAL ASSETS LESS CURRENT LIABILITIES 776,177 739,570
PROVISIONS FOR LIABILITIES
Deferred Taxation (31,721 ) (23,590 )
NET ASSETS 744,456 715,980
CAPITAL AND RESERVES
Called up share capital 9 7,425 7,425
Revaluation reserve 10 110 110
Profit and Loss Account 736,921 708,445
SHAREHOLDERS' FUNDS 744,456 715,980
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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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Paula Barron
Director
08/08/2024
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
George Romney Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00321426 . The registered office is Mintsfeet Road North, Mintsfeet Trading Estate, Kendal, Cumbria, LA9 6NA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historic 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.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax. 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.
Turnover from the sale of goods is recognised when goods are delivered and legal title has passed.
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 2% straight line
Plant & Machinery 20% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 33% straight line
2.4. Stocks and Work in Progress
Stocks and work in progress 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 and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.

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 all 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. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 21 (2022: 20)
21 20
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2022 32,902 490,115 46,045 25,303 594,365
Additions 161,655 - 72,646 1,458 235,759
As at 30 November 2023 194,557 490,115 118,691 26,761 830,124
Depreciation
As at 1 December 2022 14,242 400,546 595 19,701 435,084
Provided during the period 3,599 13,435 22,380 2,849 42,263
As at 30 November 2023 17,841 413,981 22,975 22,550 477,347
Net Book Value
As at 30 November 2023 176,716 76,134 95,716 4,211 352,777
As at 1 December 2022 18,660 89,569 45,450 5,602 159,281
5. Stocks
2023 2022
£ £
Finished goods 198,148 249,643
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 115,439 99,517
Other debtors 7,991 5,056
123,430 104,573
7. Current Asset Investments
2023 2022
£ £
Unlisted investments - 171,888
- 171,888
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8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 31,060 36,724
Other creditors 128,599 125,283
Taxation and social security 71,645 41,617
231,304 203,624
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 7,425 7,425
10. Reserves
Revaluation Reserve
£
As at 1 December 2022 110
As at 30 November 2023 110
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