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 11706217 Ms N C Gould Mr J M McLaughlin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11706217 2022-11-30 11706217 2023-11-30 11706217 2022-12-01 2023-11-30 11706217 frs-core:CurrentFinancialInstruments 2023-11-30 11706217 frs-core:Non-currentFinancialInstruments 2023-11-30 11706217 frs-core:FurnitureFittings 2023-11-30 11706217 frs-core:FurnitureFittings 2022-12-01 2023-11-30 11706217 frs-core:FurnitureFittings 2022-11-30 11706217 frs-core:ShareCapital 2023-11-30 11706217 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11706217 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11706217 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 11706217 frs-bus:SmallEntities 2022-12-01 2023-11-30 11706217 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11706217 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11706217 frs-bus:Director1 2022-12-01 2023-11-30 11706217 frs-bus:Director1 2022-11-30 11706217 frs-bus:Director1 2023-11-30 11706217 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 11706217 frs-countries:EnglandWales 2022-12-01 2023-11-30 11706217 2021-11-30 11706217 2022-11-30 11706217 2021-12-01 2022-11-30 11706217 frs-core:CurrentFinancialInstruments 2022-11-30 11706217 frs-core:Non-currentFinancialInstruments 2022-11-30 11706217 frs-core:ShareCapital 2022-11-30 11706217 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 11706217
McLaughlin Gould Ltd
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—4
Page 1
Balance Sheet
Registered number: 11706217
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 502 182
502 182
CURRENT ASSETS
Debtors 5 2,773 9,684
Cash at bank and in hand 222 -
2,995 9,684
Creditors: Amounts Falling Due Within One Year 6 (14,962 ) (14,576 )
NET CURRENT ASSETS (LIABILITIES) (11,967 ) (4,892 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,465 ) (4,710 )
Creditors: Amounts Falling Due After More Than One Year 7 (6,808 ) (11,343 )
NET LIABILITIES (18,273 ) (16,053 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (18,274 ) (16,054 )
SHAREHOLDERS' FUNDS (18,273) (16,053)
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
Ms N C Gould
Director
31/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
McLaughlin Gould Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11706217 . The registered office is 99 Cavendish Road, Manchester, M20 1LS.
4. Going concern
These financial statements have been prepared on the going concern basis. The director has confirmed that
they will provide financial support to the company over the next 12 months to ensure the company can meet
it's debts as they fall due.
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. 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:
Fixtures & Fittings 20% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 December 2022 316
Additions 445
As at 30 November 2023 761
Depreciation
As at 1 December 2022 134
Provided during the period 125
As at 30 November 2023 259
Net Book Value
As at 30 November 2023 502
As at 1 December 2022 182
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 1,920 1,920
VAT 620 673
Other taxes and social security 233 233
Director's loan account - 6,858
2,773 9,684
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (1 ) -
Bank loans and overdrafts 4,603 4,546
Corporation tax 10,030 10,030
Director's loan account 330 -
14,962 14,576
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 6,808 11,343
6,808 11,343
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
9. 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
£ £ £ £ £
Ms Nicola Gould 6,857 - 7,187 - 330
The above loan is unsecured, interest free and repayable on demand.
Page 4