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 09321543 Mr David White Mrs Caroline White iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09321543 2022-11-30 09321543 2023-11-30 09321543 2022-12-01 2023-11-30 09321543 frs-core:CurrentFinancialInstruments 2023-11-30 09321543 frs-core:Non-currentFinancialInstruments 2023-11-30 09321543 frs-core:BetweenOneFiveYears 2023-11-30 09321543 frs-core:ComputerEquipment 2023-11-30 09321543 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09321543 frs-core:ComputerEquipment 2022-11-30 09321543 frs-core:OtherResidualIntangibleAssets 2023-11-30 09321543 frs-core:OtherResidualIntangibleAssets 2022-12-01 2023-11-30 09321543 frs-core:OtherResidualIntangibleAssets 2022-11-30 09321543 frs-core:PlantMachinery 2023-11-30 09321543 frs-core:PlantMachinery 2022-12-01 2023-11-30 09321543 frs-core:PlantMachinery 2022-11-30 09321543 frs-core:WithinOneYear 2023-11-30 09321543 frs-core:ShareCapital 2023-11-30 09321543 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09321543 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09321543 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09321543 frs-bus:SmallEntities 2022-12-01 2023-11-30 09321543 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09321543 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09321543 frs-bus:Director1 2022-12-01 2023-11-30 09321543 frs-bus:Director2 2022-12-01 2023-11-30 09321543 frs-countries:EnglandWales 2022-12-01 2023-11-30 09321543 2021-11-30 09321543 2022-11-30 09321543 2021-12-01 2022-11-30 09321543 frs-core:CurrentFinancialInstruments 2022-11-30 09321543 frs-core:Non-currentFinancialInstruments 2022-11-30 09321543 frs-core:BetweenOneFiveYears 2022-11-30 09321543 frs-core:WithinOneYear 2022-11-30 09321543 frs-core:ShareCapital 2022-11-30 09321543 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09321543
Netriver Systems Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Advoco (SW) Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09321543
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,981 4,423
Tangible Assets 5 12,602 15,289
16,583 19,712
CURRENT ASSETS
Debtors 6 6,241 975
Cash at bank and in hand 559 1,046
6,800 2,021
Creditors: Amounts Falling Due Within One Year 7 (24,362 ) (14,351 )
NET CURRENT ASSETS (LIABILITIES) (17,562 ) (12,330 )
TOTAL ASSETS LESS CURRENT LIABILITIES (979 ) 7,382
Creditors: Amounts Falling Due After More Than One Year 8 (500 ) (5,956 )
NET (LIABILITIES)/ASSETS (1,479 ) 1,426
CAPITAL AND RESERVES
Called up share capital 10 1,000 2
Profit and Loss Account (2,479 ) 1,424
SHAREHOLDERS' FUNDS (1,479) 1,426
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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
Mr David White
Director
29 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
Netriver Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09321543 . The registered office is 476 Chickerell Road Chickerell, Weymouth, Dorset, DT3 4DH.
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. 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 15% reducing balance
Computer Equipment 50% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 3)
2 3
4. Intangible Assets
Other
£
Cost
As at 1 December 2022 4,915
As at 30 November 2023 4,915
Amortisation
As at 1 December 2022 492
Provided during the period 442
As at 30 November 2023 934
...CONTINUED
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Net Book Value
As at 30 November 2023 3,981
As at 1 December 2022 4,423
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 December 2022 19,795 14,652 34,447
As at 30 November 2023 19,795 14,652 34,447
Depreciation
As at 1 December 2022 4,969 14,189 19,158
Provided during the period 2,224 463 2,687
As at 30 November 2023 7,193 14,652 21,845
Net Book Value
As at 30 November 2023 12,602 - 12,602
As at 1 December 2022 14,826 463 15,289
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 6,241 623
Prepayments and accrued income - 171
VAT - 181
6,241 975
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 3,570 4,695
VAT 1,697 -
Other creditors 3,109 5,126
Accrued expenses 1,310 1,250
Directors' loan accounts 14,676 3,280
24,362 14,351
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts - 2,456
Other loans 500 3,500
500 5,956
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9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,570 4,695
Later than one year and not later than five years - 2,456
3,570 7,151
3,570 7,151
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 2
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