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 09874008 Mr David Locker Mr Joseph Locker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09874008 2022-11-30 09874008 2023-11-30 09874008 2022-12-01 2023-11-30 09874008 frs-core:CurrentFinancialInstruments 2023-11-30 09874008 frs-core:CapitalRedemptionReserve 2023-11-30 09874008 frs-core:ShareCapital 2023-11-30 09874008 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09874008 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09874008 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09874008 frs-bus:SmallEntities 2022-12-01 2023-11-30 09874008 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09874008 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09874008 frs-bus:Director1 2022-12-01 2023-11-30 09874008 frs-bus:Director2 2022-12-01 2023-11-30 09874008 1 2022-12-01 2023-11-30 09874008 frs-countries:EnglandWales 2022-12-01 2023-11-30 09874008 2021-11-30 09874008 2022-11-30 09874008 2021-12-01 2022-11-30 09874008 frs-core:CurrentFinancialInstruments 2022-11-30 09874008 frs-core:CapitalRedemptionReserve 2022-11-30 09874008 frs-core:ShareCapital 2022-11-30 09874008 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 09874008 1 2021-12-01 2022-11-30
Registered number: 09874008
High Fly 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: 09874008
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 8,383 24,509
Cash at bank and in hand 44,492 98,853
52,875 123,362
Creditors: Amounts Falling Due Within One Year 5 (27,908 ) (64,276 )
NET CURRENT ASSETS (LIABILITIES) 24,967 59,086
TOTAL ASSETS LESS CURRENT LIABILITIES 24,967 59,086
NET ASSETS 24,967 59,086
CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve 50,000 50,000
Profit and Loss Account (25,133 ) 8,986
SHAREHOLDERS' FUNDS 24,967 59,086
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 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 Locker
Director
30 August 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
High Fly Ltd is a private company, limited by shares, incorporated in England & Wales, the registered number is 09874008 . The registered office is 41 Linton Road, Hastings, East Sussex, England, TN34 1TW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
As explained in the directors’ report, the directors do not consider High Fly Ltd to be a going
concern and therefore have prepared the financial statements on the break up basis.
2.2. Turnover
Turnover is measured at the fair value of the consideration received, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and is recognised at the point that the customer takes delivery of the goods.
2.3. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
2.4. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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 
Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually. 
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2023 2022
Average number of employees, including directors, during the year 2 118
2 118
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 7,925 14,431
Other debtors 458 10,078
8,383 24,509
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,999 9,987
Other creditors 25,909 49,642
Taxation and social security - 4,647
27,908 64,276
Page 4