Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 SC682422 Mr J McKellar Mr A Addison iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC682422 2022-11-30 SC682422 2023-11-30 SC682422 2022-12-01 2023-11-30 SC682422 frs-core:ComputerEquipment 2023-11-30 SC682422 frs-core:ComputerEquipment 2022-12-01 2023-11-30 SC682422 frs-core:ComputerEquipment 2022-11-30 SC682422 frs-core:ShareCapital 2023-11-30 SC682422 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 SC682422 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC682422 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 SC682422 frs-bus:SmallEntities 2022-12-01 2023-11-30 SC682422 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 SC682422 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 SC682422 frs-bus:Director1 2022-12-01 2023-11-30 SC682422 frs-bus:Director1 2022-11-30 SC682422 frs-bus:Director1 2023-11-30 SC682422 frs-bus:Director2 2022-12-01 2023-11-30 SC682422 frs-countries:Scotland 2022-12-01 2023-11-30 SC682422 2021-11-30 SC682422 2022-11-30 SC682422 2021-12-01 2022-11-30 SC682422 frs-core:ShareCapital 2022-11-30 SC682422 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: SC682422
Odak Group Ltd
Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: SC682422
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,265 1,687
1,265 1,687
Creditors: Amounts Falling Due Within One Year 5 (4,876 ) (4,036 )
NET CURRENT ASSETS (LIABILITIES) (4,876 ) (4,036 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,611 ) (2,349 )
NET LIABILITIES (3,611 ) (2,349 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Income Statement (3,612 ) (2,350 )
SHAREHOLDERS' FUNDS (3,611) (2,349)
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 A Addison
Director
12/08/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Odak Group Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC682422 . The registered office is 272 Bath Street, Glasgow, G2 4JR.
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:
Computer Equipment 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 1)
2 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2022 3,000
As at 30 November 2023 3,000
Depreciation
As at 1 December 2022 1,313
Provided during the period 422
As at 30 November 2023 1,735
Net Book Value
As at 30 November 2023 1,265
As at 1 December 2022 1,687
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 4,876 4,036
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 2
Page 3
7. Directors Advances, Credits and Guarantees
Included within creditors are the following loans to directors:
As at 1 December 2022 Amounts advanced Amounts repaid Amounts written off As at 30 November 2023
£ £ £ £ £
Mr Andrew Addison (3,496 ) - (840 ) - (4,336 )
The above loan is unsecured, interest free and repayable on demand.
Page 3