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 SC190812 Mr Shahid Sardar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC190812 2022-11-30 SC190812 2023-11-30 SC190812 2022-12-01 2023-11-30 SC190812 frs-core:CurrentFinancialInstruments 2023-11-30 SC190812 frs-core:Non-currentFinancialInstruments 2023-11-30 SC190812 frs-core:ComputerEquipment 2023-11-30 SC190812 frs-core:ComputerEquipment 2022-12-01 2023-11-30 SC190812 frs-core:ComputerEquipment 2022-11-30 SC190812 frs-core:FurnitureFittings 2023-11-30 SC190812 frs-core:FurnitureFittings 2022-12-01 2023-11-30 SC190812 frs-core:FurnitureFittings 2022-11-30 SC190812 frs-core:NetGoodwill 2023-11-30 SC190812 frs-core:NetGoodwill 2022-12-01 2023-11-30 SC190812 frs-core:NetGoodwill 2022-11-30 SC190812 frs-core:MotorVehicles 2023-11-30 SC190812 frs-core:MotorVehicles 2022-12-01 2023-11-30 SC190812 frs-core:MotorVehicles 2022-11-30 SC190812 frs-core:ShareCapital 2023-11-30 SC190812 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 SC190812 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC190812 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 SC190812 frs-bus:SmallEntities 2022-12-01 2023-11-30 SC190812 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 SC190812 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 SC190812 frs-bus:Director1 2022-12-01 2023-11-30 SC190812 frs-countries:EnglandWales 2022-12-01 2023-11-30 SC190812 2021-11-30 SC190812 2022-11-30 SC190812 2021-12-01 2022-11-30 SC190812 frs-core:CurrentFinancialInstruments 2022-11-30 SC190812 frs-core:Non-currentFinancialInstruments 2022-11-30 SC190812 frs-core:ShareCapital 2022-11-30 SC190812 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: SC190812
Adenstone Limited
Financial Statements
For The Year Ended 30 November 2023
Longmire Consultants Ltd
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC190812
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 14,222 15,999
Tangible Assets 5 177,090 84,469
191,312 100,468
CURRENT ASSETS
Stocks 6 390,662 269,016
Cash at bank and in hand 34,869 56,657
425,531 325,673
Creditors: Amounts Falling Due Within One Year 7 (375,722 ) (261,320 )
NET CURRENT ASSETS (LIABILITIES) 49,809 64,353
TOTAL ASSETS LESS CURRENT LIABILITIES 241,121 164,821
Creditors: Amounts Falling Due After More Than One Year 8 (26,629 ) (33,388 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (8,080 )
NET ASSETS 214,492 123,353
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 214,490 123,351
SHAREHOLDERS' FUNDS 214,492 123,353
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 Shahid Sardar
Director
26/02/2024
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
Adenstone Limited is a private company, limited by shares, incorporated in England & Wales, registered number SC190812 . The registered office is Cash Converters, 14/16 Whitehall Crescent, Dundee, DD1 4AU.
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 25% Reducing Balance
Fixtures & Fittings 4 Year Straight Line
Computer Equipment 4 Year Straight Line
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 21 (2022: 15)
21 15
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4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2022 17,777
As at 30 November 2023 17,777
Amortisation
As at 1 December 2022 1,778
Provided during the period 1,777
As at 30 November 2023 3,555
Net Book Value
As at 30 November 2023 14,222
As at 1 December 2022 15,999
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2022 - 284,989 6,205 291,194
Additions 26,063 106,192 - 132,255
As at 30 November 2023 26,063 391,181 6,205 423,449
Depreciation
As at 1 December 2022 - 200,520 6,205 206,725
Provided during the period 6,516 33,118 - 39,634
As at 30 November 2023 6,516 233,638 6,205 246,359
Net Book Value
As at 30 November 2023 19,547 157,543 - 177,090
As at 1 December 2022 - 84,469 - 84,469
6. Stocks
2023 2022
£ £
Stock 390,662 269,016
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 103,285 276
Bank loans and overdrafts 13,125 9,857
Other taxes and social security 8,051 3,955
VAT 4,629 25,091
Other creditors 17,253 14,591
Accruals and deferred income 11,607 3,527
Director's loan account 217,772 204,023
375,722 261,320
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 26,629 33,388
26,629 33,388
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
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