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 12308778 Mr Tayab Ahmed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12308778 2022-11-30 12308778 2023-11-30 12308778 2022-12-01 2023-11-30 12308778 frs-core:CurrentFinancialInstruments 2023-11-30 12308778 frs-core:Non-currentFinancialInstruments 2023-11-30 12308778 frs-core:FurnitureFittings 2023-11-30 12308778 frs-core:FurnitureFittings 2022-12-01 2023-11-30 12308778 frs-core:FurnitureFittings 2022-11-30 12308778 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-30 12308778 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 12308778 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-11-30 12308778 frs-core:PlantMachinery 2023-11-30 12308778 frs-core:PlantMachinery 2022-12-01 2023-11-30 12308778 frs-core:PlantMachinery 2022-11-30 12308778 frs-core:ShareCapital 2023-11-30 12308778 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 12308778 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12308778 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 12308778 frs-bus:SmallEntities 2022-12-01 2023-11-30 12308778 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12308778 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 12308778 frs-bus:Director1 2022-12-01 2023-11-30 12308778 frs-countries:EnglandWales 2022-12-01 2023-11-30 12308778 2021-11-30 12308778 2022-11-30 12308778 2021-12-01 2022-11-30 12308778 frs-core:CurrentFinancialInstruments 2022-11-30 12308778 frs-core:Non-currentFinancialInstruments 2022-11-30 12308778 frs-core:ShareCapital 2022-11-30 12308778 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 12308778
Iceburg (Manchester) Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12308778
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 392,743 450,466
392,743 450,466
CURRENT ASSETS
Stocks 5 12,543 13,615
Debtors 6 87,547 47,962
Cash at bank and in hand 31,587 88,752
131,677 150,329
Creditors: Amounts Falling Due Within One Year 7 (436,713 ) (161,495 )
NET CURRENT ASSETS (LIABILITIES) (305,036 ) (11,166 )
TOTAL ASSETS LESS CURRENT LIABILITIES 87,707 439,300
Creditors: Amounts Falling Due After More Than One Year 8 (6,264 ) (121,570 )
NET ASSETS 81,443 317,730
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 81,343 317,630
SHAREHOLDERS' FUNDS 81,443 317,730
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 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 Tayab Ahmed
Director
30/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Iceburg (Manchester) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12308778 . The registered office is 21 Brantfell Road, Great Harwood, Blackburn, BB6 7RJ.
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 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.
2.3. 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:
Leasehold 2% Straight Line
Plant & Machinery 25% Straight Line
Fixtures & Fittings 25% Straight Line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 24 (2022: 26)
24 26
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 December 2022 10,304 461,506 170,398 642,208
Additions - - 18,129 18,129
Disposals - (8,363 ) - (8,363 )
As at 30 November 2023 10,304 453,143 188,527 651,974
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 December 2022 - 162,625 29,117 191,742
Provided during the period - 40,431 27,058 67,489
As at 30 November 2023 - 203,056 56,175 259,231
Net Book Value
As at 30 November 2023 10,304 250,087 132,352 392,743
As at 1 December 2022 10,304 298,881 141,281 450,466
5. Stocks
2023 2022
£ £
Stock 12,543 13,615
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 170
Prepayments and accrued income 16,129 17,402
Other debtors 71,268 8,243
Pension scheme prepayments 150 -
VAT - 21,997
Net wages - 150
87,547 47,962
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 159,685 135,657
Bank loans and overdrafts 34,138 10,125
Other taxes and social security 266 6,571
VAT 8,838 -
Other creditors 219,692 -
Accruals and deferred income 7,220 9,142
Director's loan account 6,874 -
436,713 161,495
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 6,264 70,639
Other creditors - 44,057
Directors loan account - 6,874
6,264 121,570
Page 4
Page 5
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5