Acorah Software Products - Accounts Production 15.0.500 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 10491367 A M Pires true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10491367 2022-11-30 10491367 2023-11-30 10491367 2022-12-01 2023-11-30 10491367 frs-core:CurrentFinancialInstruments 2023-11-30 10491367 frs-core:ComputerEquipment 2023-11-30 10491367 frs-core:ComputerEquipment 2022-12-01 2023-11-30 10491367 frs-core:ComputerEquipment 2022-11-30 10491367 frs-core:FurnitureFittings 2023-11-30 10491367 frs-core:FurnitureFittings 2022-12-01 2023-11-30 10491367 frs-core:FurnitureFittings 2022-11-30 10491367 frs-core:ShareCapital 2023-11-30 10491367 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 10491367 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 10491367 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 10491367 frs-bus:SmallEntities 2022-12-01 2023-11-30 10491367 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 10491367 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 10491367 1 2022-12-01 2023-11-30 10491367 frs-bus:Director1 2022-12-01 2023-11-30 10491367 frs-countries:EnglandWales 2022-12-01 2023-11-30 10491367 2021-11-30 10491367 2022-11-30 10491367 2021-12-01 2022-11-30 10491367 frs-core:CurrentFinancialInstruments 2022-11-30 10491367 frs-core:ShareCapital 2022-11-30 10491367 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 10491367
EL METRO LTD
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10491367
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 571
- 571
CURRENT ASSETS
Debtors 5 15,332 18,780
Cash at bank and in hand 542,851 464,138
558,183 482,918
Creditors: Amounts Falling Due Within One Year 6 (61,659 ) (76,801 )
NET CURRENT ASSETS (LIABILITIES) 496,524 406,117
TOTAL ASSETS LESS CURRENT LIABILITIES 496,524 406,688
NET ASSETS 496,524 406,688
CAPITAL AND RESERVES
Called up share capital 7 4 4
Profit and Loss Account 496,520 406,684
SHAREHOLDERS' FUNDS 496,524 406,688
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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 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
A M Pires
Director
29/08/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
EL METRO LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10491367 . The registered office is 31 Wellgarth Mews, Sedgefield, Stockton-On-Tees, Durham, TS21 3NN.
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.
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:
Fixtures & Fittings Straight Line Over 5 Years
Computer Equipment Straight Line Over 5 Years
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.5. Pensions
The Company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. 
3. Average Number of Employees
  The average number of employees during the year was  1 (2022: 1)
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 December 2022 3,913 7,315 11,228
As at 30 November 2023 3,913 7,315 11,228
Depreciation
As at 1 December 2022 3,886 6,771 10,657
Provided during the period 27 544 571
As at 30 November 2023 3,913 7,315 11,228
Net Book Value
As at 30 November 2023 - - -
As at 1 December 2022 27 544 571
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 14,834 18,295
Other debtors 469 469
VAT 29 16
15,332 18,780
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 37,132 26,473
Other taxes and social security 669 334
Other creditors 21,858 47,994
Accruals and deferred income 2,000 2,000
61,659 76,801
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 4 4
8. Dividends
2023 2022
£ £
On equity shares:
Final dividend paid 37,500 54,500
9. Ultimate Controlling Party
The company was under the control of its directors during the year.
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