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 11051877 Mr Alastair Ryrie Mr Mark Farris iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11051877 2022-11-30 11051877 2023-11-30 11051877 2022-12-01 2023-11-30 11051877 frs-core:CurrentFinancialInstruments 2023-11-30 11051877 frs-core:Non-currentFinancialInstruments 2023-11-30 11051877 frs-core:ComputerEquipment 2023-11-30 11051877 frs-core:ComputerEquipment 2022-12-01 2023-11-30 11051877 frs-core:ComputerEquipment 2022-11-30 11051877 frs-core:SharePremium 2023-11-30 11051877 frs-core:ShareCapital 2023-11-30 11051877 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11051877 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11051877 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 11051877 frs-bus:SmallEntities 2022-12-01 2023-11-30 11051877 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11051877 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11051877 frs-bus:Director1 2022-12-01 2023-11-30 11051877 frs-bus:Director2 2022-12-01 2023-11-30 11051877 frs-countries:EnglandWales 2022-12-01 2023-11-30 11051877 2021-11-30 11051877 2022-11-30 11051877 2021-12-01 2022-11-30 11051877 frs-core:CurrentFinancialInstruments 2022-11-30 11051877 frs-core:Non-currentFinancialInstruments 2022-11-30 11051877 frs-core:SharePremium 2022-11-30 11051877 frs-core:ShareCapital 2022-11-30 11051877 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 11051877
Ii Holding Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
SK Accounting
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11051877
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,847 3,847
3,847 3,847
CURRENT ASSETS
Debtors 5 899 17,566
Cash at bank and in hand 13,841 26,023
14,740 43,589
Creditors: Amounts Falling Due Within One Year 6 (17,251 ) (32,113 )
NET CURRENT ASSETS (LIABILITIES) (2,511 ) 11,476
TOTAL ASSETS LESS CURRENT LIABILITIES 1,336 15,323
Creditors: Amounts Falling Due After More Than One Year 7 (195,521 ) (74,750 )
NET LIABILITIES (194,185 ) (59,427 )
CAPITAL AND RESERVES
Called up share capital 8 250 250
Share premium account 198,231 198,231
Profit and Loss Account (392,666 ) (257,908 )
SHAREHOLDERS' FUNDS (194,185) (59,427)
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 Alastair Ryrie
Director
02/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ii Holding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11051877 . The registered office is 55 Elm Drive, Brighton, BN3 7JA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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:
Computer Equipment 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 3)
4 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2022 7,938
As at 30 November 2023 7,938
Depreciation
As at 1 December 2022 4,091
As at 30 November 2023 4,091
Net Book Value
As at 30 November 2023 3,847
As at 1 December 2022 3,847
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 16,800
Other debtors 899 766
899 17,566
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (1 ) 14,111
VAT 4,259 5,009
Other creditors 2,493 2,493
Accruals and deferred income 1,500 1,500
Directors' loan accounts 9,000 9,000
17,251 32,113
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 30,854 39,750
Other loans 164,667 35,000
195,521 74,750
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 250 250
Page 4