Acorah Software Products - Accounts Production 14.6.300 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 11061837 Mr Michael Hill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11061837 2022-11-30 11061837 2023-11-30 11061837 2022-12-01 2023-11-30 11061837 frs-core:CurrentFinancialInstruments 2023-11-30 11061837 frs-core:Non-currentFinancialInstruments 2023-11-30 11061837 frs-core:BetweenOneFiveYears 2023-11-30 11061837 frs-core:ComputerEquipment 2023-11-30 11061837 frs-core:ComputerEquipment 2022-12-01 2023-11-30 11061837 frs-core:ComputerEquipment 2022-11-30 11061837 frs-core:FurnitureFittings 2023-11-30 11061837 frs-core:FurnitureFittings 2022-12-01 2023-11-30 11061837 frs-core:FurnitureFittings 2022-11-30 11061837 frs-core:MotorVehicles 2023-11-30 11061837 frs-core:MotorVehicles 2022-12-01 2023-11-30 11061837 frs-core:MotorVehicles 2022-11-30 11061837 frs-core:WithinOneYear 2023-11-30 11061837 frs-core:ShareCapital 2023-11-30 11061837 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11061837 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11061837 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 11061837 frs-bus:SmallEntities 2022-12-01 2023-11-30 11061837 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11061837 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11061837 frs-bus:Director1 2022-12-01 2023-11-30 11061837 frs-bus:Director1 2022-11-30 11061837 frs-bus:Director1 2023-11-30 11061837 frs-core:CurrentFinancialInstruments 1 2023-11-30 11061837 frs-countries:EnglandWales 2022-12-01 2023-11-30 11061837 2021-11-30 11061837 2022-11-30 11061837 2021-12-01 2022-11-30 11061837 frs-core:CurrentFinancialInstruments 2022-11-30 11061837 frs-core:Non-currentFinancialInstruments 2022-11-30 11061837 frs-core:BetweenOneFiveYears 2022-11-30 11061837 frs-core:WithinOneYear 2022-11-30 11061837 frs-core:ShareCapital 2022-11-30 11061837 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 11061837 frs-core:CurrentFinancialInstruments 1 2022-11-30
Registered number: 11061837
Commplex Network Services Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11061837
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 291,768 183,307
291,768 183,307
CURRENT ASSETS
Stocks 4 - 144,425
Debtors 5 437,038 326,622
Cash at bank and in hand 239,963 572,750
677,001 1,043,797
Creditors: Amounts Falling Due Within One Year 6 (386,665 ) (577,494 )
NET CURRENT ASSETS (LIABILITIES) 290,336 466,303
TOTAL ASSETS LESS CURRENT LIABILITIES 582,104 649,610
Creditors: Amounts Falling Due After More Than One Year 7 (158,518 ) (154,700 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (72,942 ) -
NET ASSETS 350,644 494,910
CAPITAL AND RESERVES
Called up share capital 9 320 320
Profit and Loss Account 350,324 494,590
SHAREHOLDERS' FUNDS 350,644 494,910
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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
Mr Michael Hill
Director
28th August 2024
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the 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 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.
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:
Motor Vehicles 20% reducing balance
Fixtures & Fittings 33% on cost
Computer Equipment 33% on cost
1.4. 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.
1.5. 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.
1.6. 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 year 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.
...CONTINUED
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1.6. Taxation - continued
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 asset reflects 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. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2023 2022
Sales, marketing and distribution 22 27
22 27
3. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2022 187,970 4,066 1,116 193,152
Additions 159,813 - 1,840 161,653
As at 30 November 2023 347,783 4,066 2,956 354,805
Depreciation
As at 1 December 2022 9,399 226 220 9,845
Provided during the period 51,113 1,355 724 53,192
As at 30 November 2023 60,512 1,581 944 63,037
Net Book Value
As at 30 November 2023 287,271 2,485 2,012 291,768
As at 1 December 2022 178,571 3,840 896 183,307
4. Stocks
2023 2022
£ £
Work in progress - 144,425
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5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 192,653 111,240
Prepayments and accrued income - 10,325
Other debtors - 49,000
VAT 51,260 18,521
Director's loan account - 7,266
243,913 196,352
Due after more than one year
Amounts owed by group undertakings 193,125 130,270
193,125 130,270
437,038 326,622
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 51,727 33,834
Trade creditors 95,041 135,789
Bank loans and overdrafts 10,000 10,000
Corporation tax 20,778 63,919
Other taxes and social security 41,534 29,504
Other creditors. 12,404 302,898
Accruals and deferred income - 1,550
Director's loan account 10,447 -
Amounts owed to parent undertaking 144,734 -
386,665 577,494
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 143,518 129,700
Bank loans 15,000 25,000
158,518 154,700
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The maturity of these amounts is as follows:
Within one year 61,913 40,315
Between one and five years 172,509 154,542
234,422 194,857
Less: Finance charges allocated to future periods 39,177 31,323
195,245 163,534
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9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 320 320
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2022 Amounts advanced Amounts repaid Amounts written off As at 30 November 2023
£ £ £ £ £
Mr Michael Hill 7,266 - 7,266 - -
The above loan is unsecured, interest free and repayable on demand.
11. General Information
Commplex Network Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11061837 . The registered office is Unit 12 Primrose Hill Industrial Estate,, Orde Wingate Way,, Stockton-On-Tees,, Co. Durham, TS19 0GA.
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