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 11674302 Mr Robert Stephens Mrs Gemma Stephens Mr Joseph Smith Mrs Zoe Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11674302 2022-11-30 11674302 2023-11-30 11674302 2022-12-01 2023-11-30 11674302 frs-core:CurrentFinancialInstruments 2023-11-30 11674302 frs-core:Non-currentFinancialInstruments 2023-11-30 11674302 frs-core:BetweenOneFiveYears 2023-11-30 11674302 frs-core:ComputerEquipment 2023-11-30 11674302 frs-core:ComputerEquipment 2022-12-01 2023-11-30 11674302 frs-core:ComputerEquipment 2022-11-30 11674302 frs-core:FurnitureFittings 2023-11-30 11674302 frs-core:FurnitureFittings 2022-12-01 2023-11-30 11674302 frs-core:FurnitureFittings 2022-11-30 11674302 frs-core:MotorVehicles 2023-11-30 11674302 frs-core:MotorVehicles 2022-12-01 2023-11-30 11674302 frs-core:MotorVehicles 2022-11-30 11674302 frs-core:PlantMachinery 2023-11-30 11674302 frs-core:PlantMachinery 2022-12-01 2023-11-30 11674302 frs-core:PlantMachinery 2022-11-30 11674302 frs-core:WithinOneYear 2023-11-30 11674302 frs-core:ShareCapital 2023-11-30 11674302 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11674302 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11674302 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 11674302 frs-bus:SmallEntities 2022-12-01 2023-11-30 11674302 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11674302 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11674302 frs-bus:Director1 2022-12-01 2023-11-30 11674302 frs-bus:Director2 2022-12-01 2023-11-30 11674302 frs-bus:Director3 2022-12-01 2023-11-30 11674302 frs-bus:Director4 2022-12-01 2023-11-30 11674302 frs-countries:EnglandWales 2022-12-01 2023-11-30 11674302 2021-11-30 11674302 2022-11-30 11674302 2021-12-01 2022-11-30 11674302 frs-core:CurrentFinancialInstruments 2022-11-30 11674302 frs-core:Non-currentFinancialInstruments 2022-11-30 11674302 frs-core:BetweenOneFiveYears 2022-11-30 11674302 frs-core:WithinOneYear 2022-11-30 11674302 frs-core:ShareCapital 2022-11-30 11674302 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 11674302
SOS Superior Decorators Ltd
Financial Statements
For The Year Ended 30 November 2023
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11674302
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 140,892 63,472
140,892 63,472
CURRENT ASSETS
Stocks 5 11,381 8,655
Debtors 6 115,965 79,469
Cash at bank and in hand 40,730 6,753
168,076 94,877
Creditors: Amounts Falling Due Within One Year 7 (75,686 ) (63,330 )
NET CURRENT ASSETS (LIABILITIES) 92,390 31,547
TOTAL ASSETS LESS CURRENT LIABILITIES 233,282 95,019
Creditors: Amounts Falling Due After More Than One Year 8 (130,981 ) (35,235 )
NET ASSETS 102,301 59,784
CAPITAL AND RESERVES
Called up share capital 10 220 220
Profit and Loss Account 102,081 59,564
SHAREHOLDERS' FUNDS 102,301 59,784
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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 Robert Stephens
Director
16th December 2023
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
SOS Superior Decorators Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11674302 . The registered office is Office 13 , 25 The Crescent, Plymouth, PL1 3AD.
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:
Plant & Machinery 9% Reducing balance
Motor Vehicles 9% Reducing balance
Fixtures & Fittings 9% Reducing balance
Computer Equipment 9% Reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2022: 3)
12 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2022 26,449 40,598 6,180 8,260 81,487
Additions - 91,354 - - 91,354
As at 30 November 2023 26,449 131,952 6,180 8,260 172,841
Depreciation
As at 1 December 2022 4,701 12,015 556 743 18,015
Provided during the period 1,958 10,794 506 676 13,934
As at 30 November 2023 6,659 22,809 1,062 1,419 31,949
Net Book Value
As at 30 November 2023 19,790 109,143 5,118 6,841 140,892
As at 1 December 2022 21,748 28,583 5,624 7,517 63,472
5. Stocks
2023 2022
£ £
Work in progress 11,381 8,655
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 47,836 28,672
Other debtors 43,820 49,373
VAT 24,309 1,424
115,965 79,469
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 35,969 10,766
Trade creditors 1,862 10,452
Bank loans and overdrafts 6,480 6,000
Other taxes and social security 13,700 -
Net wages 8,010 -
Other creditors 6,133 34,242
Accruals and deferred income 2,270 1,870
Directors' loan accounts 1,262 -
75,686 63,330
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8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 101,729 -
Bank loans 29,252 35,235
130,981 35,235
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 35,969 10,766
Later than one year and not later than five years 101,729 -
137,698 10,766
137,698 10,766
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 220 220
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