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 04603313 Mrs C A Jones Mr M N Jones true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04603313 2022-11-30 04603313 2023-11-30 04603313 2022-12-01 2023-11-30 04603313 frs-core:ComputerEquipment 2022-12-01 2023-11-30 04603313 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 04603313 frs-core:ShareCapital 2023-11-30 04603313 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 04603313 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 04603313 frs-bus:AbridgedAccounts 2022-12-01 2023-11-30 04603313 frs-bus:SmallEntities 2022-12-01 2023-11-30 04603313 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 04603313 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 04603313 1 2022-12-01 2023-11-30 04603313 frs-bus:Director1 2022-12-01 2023-11-30 04603313 frs-bus:Director2 2022-12-01 2023-11-30 04603313 frs-countries:EnglandWales 2022-12-01 2023-11-30 04603313 2021-11-30 04603313 2022-11-30 04603313 2021-12-01 2022-11-30 04603313 frs-core:ShareCapital 2022-11-30 04603313 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 04603313
SLK One Limited
ABRIDGED Financial Statements
For The Year Ended 30 November 2023
Bailey Oster
Chartered Accountants
Mellor House
St Petersgate
Stockport
SK1 1DS
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 04603313
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 940,007 940,007
940,007 940,007
CURRENT ASSETS
Cash at bank and in hand 573 657
573 657
Creditors: Amounts Falling Due Within One Year (711,482 ) (732,252 )
NET CURRENT ASSETS (LIABILITIES) (710,909 ) (731,595 )
TOTAL ASSETS LESS CURRENT LIABILITIES 229,098 208,412
NET ASSETS 229,098 208,412
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 228,998 208,312
SHAREHOLDERS' FUNDS 229,098 208,412
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.
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 M N Jones
Director
27 September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
SLK One Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04603313 . The registered office is 39 Wansfell Gardens, Southend on Sea, Essex, SS1 2ST.
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 stated at cost less depreciation. 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:
Freehold Not depreciated
Computer Equipment 25% reducing balance
2.4. Taxation
The corporation 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Total
£
Cost
As at 1 December 2022 940,307
As at 30 November 2023 940,307
Depreciation
As at 1 December 2022 300
As at 30 November 2023 300
Net Book Value
As at 30 November 2023 940,007
As at 1 December 2022 940,007
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
6. Ultimate Controlling Party
The company was under the control of Mr & Mrs Jones throughout the current and previous year, them owning 100% of the company's share capital.
Page 4