Acorah Software Products - Accounts Production 15.0.600 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 NI601249 Mr David Jackson Mrs Marion Jackson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI601249 2022-11-30 NI601249 2023-11-30 NI601249 2022-12-01 2023-11-30 NI601249 frs-core:Non-currentFinancialInstruments 2023-11-30 NI601249 frs-core:ComputerEquipment 2022-12-01 2023-11-30 NI601249 frs-core:PlantMachinery 2022-12-01 2023-11-30 NI601249 frs-core:RevaluationReserve 2022-11-30 NI601249 frs-core:RevaluationReserve 2023-11-30 NI601249 frs-core:ShareCapital 2023-11-30 NI601249 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 NI601249 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 NI601249 frs-bus:AbridgedAccounts 2022-12-01 2023-11-30 NI601249 frs-bus:SmallEntities 2022-12-01 2023-11-30 NI601249 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 NI601249 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 NI601249 frs-bus:Director1 2022-12-01 2023-11-30 NI601249 frs-bus:Director2 2022-12-01 2023-11-30 NI601249 frs-countries:NorthernIreland 2022-12-01 2023-11-30 NI601249 2021-11-30 NI601249 2022-11-30 NI601249 2021-12-01 2022-11-30 NI601249 frs-core:Non-currentFinancialInstruments 2022-11-30 NI601249 frs-core:RevaluationReserve 2022-11-30 NI601249 frs-core:ShareCapital 2022-11-30 NI601249 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: NI601249
Newrock Engineering Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 November 2023
PMB Accountants Limited
7 The Square
Comber
Newtownards
BT23 5DX
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: NI601249
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,298 28,372
22,298 28,372
CURRENT ASSETS
Stocks 603,896 683,711
Debtors 951,542 1,121,467
Cash at bank and in hand 128,849 -
1,684,287 1,805,178
Creditors: Amounts Falling Due Within One Year (1,342,345 ) (1,680,723 )
NET CURRENT ASSETS (LIABILITIES) 341,942 124,455
TOTAL ASSETS LESS CURRENT LIABILITIES 364,240 152,827
Creditors: Amounts Falling Due After More Than One Year (219,508 ) -
NET ASSETS 144,732 152,827
CAPITAL AND RESERVES
Called up share capital 5 100 100
Revaluation reserve 6 43,282 43,282
Profit and Loss Account 101,350 109,445
SHAREHOLDERS' FUNDS 144,732 152,827
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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 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.
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 David Jackson
Director
23/08/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Newrock Engineering Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI601249 . The registered office is 68b Causeway End Road, Lisburn, BT28 2ED.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 15% Reducing balance
Computer Equipment 20% Straight line
2.5. 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.
2.6. 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 2)
1 2
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4. Tangible Assets
Total
£
Cost
As at 1 December 2022 133,059
As at 30 November 2023 133,059
Depreciation
As at 1 December 2022 104,687
Provided during the period 6,074
As at 30 November 2023 110,761
Net Book Value
As at 30 November 2023 22,298
As at 1 December 2022 28,372
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
6. Reserves
Revaluation Reserve
£
As at 1 December 2022 43,282
As at 30 November 2023 43,282
7. Related Party Transactions
At the year end date Mr Nigel Jackson's directors loan account was a credit balance of £681,102 (2021: £150,511). Mr Nigel Jackson is the director and shareholder of Newrock Engineering Limited. This amount is interest free and repayable on demand.
Other related party transactions included: 
During the year Newrock Engineering Ltd sold goods to AH Tractors Moira Ltd to the value of £43,950 (excluding VAT). At the year end date there is an amount of £3,476 (2021: £24,915) contained within "amounts due from related parties" due from AH Tractors Moria Ltd. Mr Alwyn Hutchinson, the Director and Shareholder of AH Tractors Moira Ltd is a close family member of Mr Nigel Jackson. This amount is interest free and repayable on demand.
At the year end date there is an amount due from Blue Rose Global Limited of £159,470 (2021: £Nil) This amount is contained within "amounts due from related parties". Mr David Jackson is the Director and Shareholder of Blue Rose Global Limited and is a close family member of Mr Nigel Jackson & Mrs Marion Jackson. This amount is interest free and repayable on demand.
At the year end date there is an amount due to Catherine Jackson of £17,623 (2021: (£56,708)) This amount is interest free and repayable on demand Catherine Jackson is a close family member of Mr Nigel Jackson & Mrs Marion Jackson. This amount is contained within "amounts due from related parties".
At the year end date there is an amount due to Catherine Jackson of £17,623 (2021: (£56,708)) This amount is interest free and repayable on demand Catherine Jackson is a close family member of Mr Nigel Jackson & Mrs Marion Jackson. This amount is contained within "amounts due from related parties".
At the year end date there is an amount due from David Jackson of £68,683 (2021: £29,912) David Jackson is a close family member of Mr Nigel Jackson & Mrs Marion Jackson. This amount is contained within "amounts due from related parties". This amount is interest free and repayable on demand. 
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