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 11668338 Mr Alexander Jay Mr Jonathan Witte Mrs Sally Witte iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11668338 2022-11-30 11668338 2023-11-30 11668338 2022-12-01 2023-11-30 11668338 frs-core:CurrentFinancialInstruments 2023-11-30 11668338 frs-core:Non-currentFinancialInstruments 2023-11-30 11668338 frs-core:BetweenOneFiveYears 2023-11-30 11668338 frs-core:ComputerEquipment 2023-11-30 11668338 frs-core:ComputerEquipment 2022-12-01 2023-11-30 11668338 frs-core:ComputerEquipment 2022-11-30 11668338 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-01 2023-11-30 11668338 frs-core:NetGoodwill 2023-11-30 11668338 frs-core:NetGoodwill 2022-12-01 2023-11-30 11668338 frs-core:NetGoodwill 2022-11-30 11668338 frs-core:OtherResidualIntangibleAssets 2023-11-30 11668338 frs-core:OtherResidualIntangibleAssets 2022-12-01 2023-11-30 11668338 frs-core:OtherResidualIntangibleAssets 2022-11-30 11668338 frs-core:WithinOneYear 2023-11-30 11668338 frs-core:ShareCapital 2023-11-30 11668338 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11668338 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11668338 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 11668338 frs-bus:SmallEntities 2022-12-01 2023-11-30 11668338 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11668338 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11668338 frs-bus:Director1 2022-12-01 2023-11-30 11668338 frs-bus:Director2 2022-12-01 2023-11-30 11668338 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 11668338 frs-countries:EnglandWales 2022-12-01 2023-11-30 11668338 2021-11-30 11668338 2022-11-30 11668338 2021-12-01 2022-11-30 11668338 frs-core:CurrentFinancialInstruments 2022-11-30 11668338 frs-core:Non-currentFinancialInstruments 2022-11-30 11668338 frs-core:BetweenOneFiveYears 2022-11-30 11668338 frs-core:WithinOneYear 2022-11-30 11668338 frs-core:ShareCapital 2022-11-30 11668338 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 11668338
Little Green Button Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11668338
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 265,271 317,471
Tangible Assets 5 1,807 3,582
267,078 321,053
CURRENT ASSETS
Stocks 6 6,678 2,744
Debtors 7 205,585 169,911
Cash at bank and in hand 111,807 93,024
324,070 265,679
Creditors: Amounts Falling Due Within One Year 8 (216,146 ) (121,826 )
NET CURRENT ASSETS (LIABILITIES) 107,924 143,853
TOTAL ASSETS LESS CURRENT LIABILITIES 375,002 464,906
Creditors: Amounts Falling Due After More Than One Year 9 (738,884 ) (746,575 )
NET LIABILITIES (363,882 ) (281,669 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (363,982 ) (281,769 )
SHAREHOLDERS' FUNDS (363,882) (281,669)
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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.
On behalf of the board
Mr Alexander Jay
Director
Mr Jonathan Witte
Director
30/08/2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Little Green Button Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11668338 . The registered office is 1a St. Nicholas Court, North Walsham, Norfolk, NR28 9BY.
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 a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future having made due regard to future cash flows and funding requirements to continue its operations. For this reason, the going concern basis is used in preparing the financial statements.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website development costs. It is amortised to profit and loss account over its estimated economic life of 3 years.
2.6. 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:
Computer Equipment 3 years Straight Line
2.7. 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.
2.8. Foreign Currencies
Monetary 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.
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2.9. 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 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 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.
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 assets reflect 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.
2.10. 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.
2.11. Equity settles share based payments
Share options are awarded to certain employees. The fair value of the options is determined at the date of the grant and charged to the profit and loss account over the vesting period. The credit entry is recorded in Other Reserves within equity.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2022: 13)
12 13
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 December 2022 521,913 2,950 524,863
As at 30 November 2023 521,913 2,950 524,863
Amortisation
As at 1 December 2022 204,442 2,950 207,392
Provided during the period 52,200 - 52,200
As at 30 November 2023 256,642 2,950 259,592
Net Book Value
As at 30 November 2023 265,271 - 265,271
As at 1 December 2022 317,471 - 317,471
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5. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2022 7,954
Additions 399
As at 30 November 2023 8,353
Depreciation
As at 1 December 2022 4,372
Provided during the period 2,174
As at 30 November 2023 6,546
Net Book Value
As at 30 November 2023 1,807
As at 1 December 2022 3,582
6. Stocks
2023 2022
£ £
Stock 6,678 2,744
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 79,519 73,979
Other debtors 126,066 95,932
205,585 169,911
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 11,271 18,541
Bank loans and overdrafts 13,247 -
Other creditors 142,646 74,919
Taxation and social security 48,982 28,366
216,146 121,826
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 738,884 746,575
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10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2023 2022
£ £
Not later than one year 15,500 18,100
Later than one year and not later than five years 7,750 24,133
23,250 42,233
12. Pension Commitments
The company operates a defined contribution pension scheme for all employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £2,445 (2022 - £2,124), comprising both employee and employer contributions, were due to the fund. They are included in Other Creditors.
13. Share Based Payment transactions
On 15 November 2023 the Company formed a qualifying EMI Share Option Scheme for certain employees of the Company. The Options give rights to acquire a total 0f 663 B Ordinary shares of 10p each. The Share Options vest from the date of the grant up until 13 February 2024. At 30 November 2023 no B Ordinary shares were exercised.  
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