Acorah Software Products - Accounts Production 15.0.400 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09625143 Mr Vipul Mishra Mrs Alka Mishra iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09625143 2022-11-30 09625143 2023-11-30 09625143 2022-12-01 2023-11-30 09625143 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09625143 frs-core:FurnitureFittings 2022-12-01 2023-11-30 09625143 frs-core:MotorVehicles 2022-12-01 2023-11-30 09625143 frs-core:PlantMachinery 2022-12-01 2023-11-30 09625143 frs-core:ShareCapital 2023-11-30 09625143 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09625143 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09625143 frs-bus:AbridgedAccounts 2022-12-01 2023-11-30 09625143 frs-bus:SmallEntities 2022-12-01 2023-11-30 09625143 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09625143 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09625143 frs-bus:OrdinaryShareClass1 2022-12-01 2023-11-30 09625143 frs-bus:OrdinaryShareClass1 2023-11-30 09625143 frs-bus:Director1 2022-12-01 2023-11-30 09625143 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 09625143 frs-countries:EnglandWales 2022-12-01 2023-11-30 09625143 2021-11-30 09625143 2022-11-30 09625143 2021-12-01 2022-11-30 09625143 frs-core:ShareCapital 2022-11-30 09625143 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 09625143 frs-bus:OrdinaryShareClass1 2021-12-01 2022-11-30
Registered number: 09625143
Credentious Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 09625143
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 34,848 29,955
34,848 29,955
CURRENT ASSETS
Debtors 302,422 250,590
Cash at bank and in hand 2,584,782 3,010,618
2,887,204 3,261,208
Creditors: Amounts Falling Due Within One Year (380,475 ) (184,927 )
NET CURRENT ASSETS (LIABILITIES) 2,506,729 3,076,281
TOTAL ASSETS LESS CURRENT LIABILITIES 2,541,577 3,106,236
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,711 ) (7,488 )
NET ASSETS 2,532,866 3,098,748
CAPITAL AND RESERVES
Called up share capital 4 10 10
Profit and Loss Account 2,532,856 3,098,738
SHAREHOLDERS' FUNDS 2,532,866 3,098,748
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 November 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Vipul Mishra
Director
30/08/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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 form the rendering of services.
1.3. 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 33.33 % Straight Line Method
Motor Vehicles 20% Straight Line Method
Fixtures & Fittings 25% Straight Line Method
Computer Equipment 33.33% Straight Line Method
1.4. Revenue recognition
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
3. Tangible Assets
Total
£
Cost
As at 1 December 2022 128,497
Additions 26,313
As at 30 November 2023 154,810
Depreciation
As at 1 December 2022 98,542
Provided during the period 21,420
As at 30 November 2023 119,962
Net Book Value
As at 30 November 2023 34,848
As at 1 December 2022 29,955
4. Share Capital
2023 2022
Allotted, called up and fully paid £ £
10 Ordinary Shares of £ 1.00 each 10 10
Page 3