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 09704072 Mr Patrick Morris Mr Stuart Jackson Mr Charles Vivian iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09704072 2022-11-30 09704072 2023-11-30 09704072 2022-12-01 2023-11-30 09704072 frs-core:CurrentFinancialInstruments 2023-11-30 09704072 frs-core:Non-currentFinancialInstruments 2023-11-30 09704072 frs-core:ComputerEquipment 2023-11-30 09704072 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09704072 frs-core:ComputerEquipment 2022-11-30 09704072 frs-core:PlantMachinery 2023-11-30 09704072 frs-core:PlantMachinery 2022-12-01 2023-11-30 09704072 frs-core:PlantMachinery 2022-11-30 09704072 frs-core:SharePremium 2023-11-30 09704072 frs-core:ShareCapital 2023-11-30 09704072 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09704072 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09704072 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09704072 frs-bus:SmallEntities 2022-12-01 2023-11-30 09704072 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09704072 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09704072 frs-bus:Director1 2022-12-01 2023-11-30 09704072 frs-bus:Director2 2022-12-01 2023-11-30 09704072 frs-bus:Director3 2022-12-01 2023-11-30 09704072 1 2022-12-01 2023-11-30 09704072 frs-countries:EnglandWales 2022-12-01 2023-11-30 09704072 2021-11-30 09704072 2022-11-30 09704072 2021-12-01 2022-11-30 09704072 frs-core:CurrentFinancialInstruments 2022-11-30 09704072 frs-core:Non-currentFinancialInstruments 2022-11-30 09704072 frs-core:SharePremium 2022-11-30 09704072 frs-core:ShareCapital 2022-11-30 09704072 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 09704072 1 2021-12-01 2022-11-30
Registered number: 09704072
Carbon Forest Products Limited
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—5
Page 1
Balance Sheet
Registered number: 09704072
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 27,981 29,032
27,981 29,032
CURRENT ASSETS
Debtors 5 36,709 31,237
Cash at bank and in hand 47,214 97,086
83,923 128,323
Creditors: Amounts Falling Due Within One Year 6 (50,749 ) (32,638 )
NET CURRENT ASSETS (LIABILITIES) 33,174 95,685
TOTAL ASSETS LESS CURRENT LIABILITIES 61,155 124,717
Creditors: Amounts Falling Due After More Than One Year 7 (37,786 ) (57,243 )
NET ASSETS 23,369 67,474
CAPITAL AND RESERVES
Called up share capital 1,914 1,869
Share premium account 598,007 462,693
Profit and Loss Account (576,552 ) (397,088 )
SHAREHOLDERS' FUNDS 23,369 67,474
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 Patrick Morris
Director
30 August 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Carbon Forest Products Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 09704072 . The registered office is 3rd Floor 86-90 Paul Street, London, England, EC2A 4NE.
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, net of discounts and value added taxes. Turnover is recognised at the point of invoice.
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 and machinery 25% straight line
Computer equipment 25% straight line
2.4. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
2.5. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. 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.
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2.7. 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.
2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
2023 2022
Average number of employees, including directors, during the year 3 3
3 3
4. Tangible Assets
Plant and machinery Computer equipment Total
£ £ £
Cost
As at 1 December 2022 36,762 7,619 44,381
Additions 10,523 - 10,523
As at 30 November 2023 47,285 7,619 54,904
Depreciation
As at 1 December 2022 10,919 4,430 15,349
Provided during the period 10,327 1,247 11,574
As at 30 November 2023 21,246 5,677 26,923
Net Book Value
As at 30 November 2023 26,039 1,942 27,981
As at 1 December 2022 25,843 3,189 29,032
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5. Debtors
2023 2022
£ £
Due within one year
Other debtors 36,709 31,237
36,709 31,237
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 12,320 4,593
Bank loans and overdrafts 7,399 1,278
Other creditors 24,513 20,126
Taxation and social security 6,517 6,641
50,749 32,638
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 33,786 46,243
Other loans 4,000 -
Other creditors - 11,000
37,786 57,243
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