Acorah Software Products - Accounts Production 14.5.601 false true true 30 November 2022 2 November 2021 false 1 December 2022 30 November 2023 30 November 2023 13718155 Mr James Hughes Ms Angela Hughes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13718155 2022-11-30 13718155 2023-11-30 13718155 2022-12-01 2023-11-30 13718155 frs-core:CurrentFinancialInstruments 2023-11-30 13718155 frs-core:Non-currentFinancialInstruments 2023-11-30 13718155 frs-core:FurnitureFittings 2023-11-30 13718155 frs-core:FurnitureFittings 2022-12-01 2023-11-30 13718155 frs-core:FurnitureFittings 2022-11-30 13718155 frs-core:NetGoodwill 2023-11-30 13718155 frs-core:NetGoodwill 2022-12-01 2023-11-30 13718155 frs-core:NetGoodwill 2022-11-30 13718155 frs-core:PlantMachinery 2023-11-30 13718155 frs-core:PlantMachinery 2022-12-01 2023-11-30 13718155 frs-core:PlantMachinery 2022-11-30 13718155 frs-core:ShareCapital 2023-11-30 13718155 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 13718155 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13718155 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 13718155 frs-bus:SmallEntities 2022-12-01 2023-11-30 13718155 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13718155 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13718155 frs-bus:Director1 2022-12-01 2023-11-30 13718155 frs-bus:Director2 2022-12-01 2023-11-30 13718155 frs-core:CurrentFinancialInstruments 2 2023-11-30 13718155 frs-countries:EnglandWales 2022-12-01 2023-11-30 13718155 2021-11-01 13718155 2022-11-30 13718155 2021-11-02 2022-11-30 13718155 frs-core:CurrentFinancialInstruments 2022-11-30 13718155 frs-core:Non-currentFinancialInstruments 2022-11-30 13718155 frs-core:ShareCapital 2022-11-30 13718155 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 13718155 frs-core:CurrentFinancialInstruments 1 2022-11-30 13718155 frs-core:CurrentFinancialInstruments 2 2022-11-30
Registered number: 13718155
Pretty Puds (Newport) Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
TaxAssist Accountants
TaxAssist Accountants
1 Sundorne Avenue
Shrewsbury
Shropshire
SY1 4JW
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 13718155
30 November 2023 30 November 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 56,000 63,000
Tangible Assets 5 17,109 12,279
73,109 75,279
CURRENT ASSETS
Stocks 6 3,600 2,600
Debtors 7 2,874 4,583
Cash at bank and in hand 3,038 3,966
9,512 11,149
Creditors: Amounts Falling Due Within One Year 8 (7,285 ) (6,348 )
NET CURRENT ASSETS (LIABILITIES) 2,227 4,801
TOTAL ASSETS LESS CURRENT LIABILITIES 75,336 80,080
Creditors: Amounts Falling Due After More Than One Year 9 (87,967 ) (81,064 )
NET LIABILITIES (12,631 ) (984 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Income Statement (12,731 ) (1,084 )
SHAREHOLDERS' FUNDS (12,631) (984)
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 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 Income Statement.
On behalf of the board
Mr James Hughes
Director
23rd August 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
Pretty Puds (Newport) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13718155 . The registered office is 74 High Street, Newport, Shropshire, TF10 7BA.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 income statement over its estimated economic life of .... 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 25% SLM
Fixtures & Fittings 25% SLM
2.6. 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: 10 (2022: 6)
10 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2022 70,000
As at 30 November 2023 70,000
Amortisation
As at 1 December 2022 7,000
Provided during the period 7,000
As at 30 November 2023 14,000
...CONTINUED
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Page 4
Net Book Value
As at 30 November 2023 56,000
As at 1 December 2022 63,000
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 December 2022 15,624 754 16,378
Additions 2,299 4,141 6,440
As at 30 November 2023 17,923 4,895 22,818
Depreciation
As at 1 December 2022 3,911 188 4,099
Provided during the period 575 1,035 1,610
As at 30 November 2023 4,486 1,223 5,709
Net Book Value
As at 30 November 2023 13,437 3,672 17,109
As at 1 December 2022 11,713 566 12,279
6. Stocks
30 November 2023 30 November 2022
£ £
Materials 3,600 2,600
7. Debtors
30 November 2023 30 November 2022
£ £
Due within one year
Trade debtors 1,578 1,767
VAT 1,296 2,816
2,874 4,583
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
30 November 2023 30 November 2022
£ £
Trade creditors 1,555 402
Other taxes and social security 10 7
Net wages 4,846 2,693
Accruals 744 1,327
Other creditors (1) - 1,919
Pension 130 -
7,285 6,348
9. Creditors: Amounts Falling Due After More Than One Year
30 November 2023 30 November 2022
£ £
Directors loan account 87,967 81,064
87,967 81,064
10. Share Capital
30 November 2023 30 November 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5