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 09885130 Mr Sacha Vodant Mr Sacha Philip Vodant true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09885130 2022-11-30 09885130 2023-11-30 09885130 2022-12-01 2023-11-30 09885130 frs-core:CurrentFinancialInstruments 2023-11-30 09885130 frs-core:ComputerEquipment 2023-11-30 09885130 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09885130 frs-core:ComputerEquipment 2022-11-30 09885130 frs-core:ShareCapital 2023-11-30 09885130 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09885130 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09885130 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09885130 frs-bus:SmallEntities 2022-12-01 2023-11-30 09885130 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09885130 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09885130 1 2022-12-01 2023-11-30 09885130 frs-bus:Director1 2022-12-01 2023-11-30 09885130 frs-core:CurrentFinancialInstruments 2 2023-11-30 09885130 frs-countries:EnglandWales 2022-12-01 2023-11-30 09885130 2021-11-30 09885130 2022-11-30 09885130 2021-12-01 2022-11-30 09885130 frs-core:CurrentFinancialInstruments 2022-11-30 09885130 frs-core:ShareCapital 2022-11-30 09885130 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 09885130 frs-core:CurrentFinancialInstruments 2 2022-11-30
Registered number: 09885130
Precious Time Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09885130
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,943 1,943
1,943 1,943
CURRENT ASSETS
Debtors 5 281,025 281,025
Cash at bank and in hand 41,340 41,340
322,365 322,365
Creditors: Amounts Falling Due Within One Year 6 (591,925 ) (591,925 )
NET CURRENT ASSETS (LIABILITIES) (269,560 ) (269,560 )
TOTAL ASSETS LESS CURRENT LIABILITIES (267,617 ) (267,617 )
NET LIABILITIES (267,617 ) (267,617 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (267,717 ) (267,717 )
SHAREHOLDERS' FUNDS (267,617) (267,617)
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 Sacha Vodant
Director
28/11/2024
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
Precious Time Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09885130 . The registered office is 19 The Circle, Queen Elizabeth Street, London, SE1 2JE.
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. 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:
Office Equipment 25% SLM
3. Average Number of Employees
0Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Office Equipment
£
Cost
As at 1 December 2022 2,139
As at 30 November 2023 2,139
Depreciation
As at 1 December 2022 196
As at 30 November 2023 196
Net Book Value
As at 30 November 2023 1,943
As at 1 December 2022 1,943
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 278,936 278,936
Sacha Vodant 2,089 2,089
281,025 281,025
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 129,590 129,590
Corporation tax 9,858 9,858
VAT 5,487 5,487
Pierre Sebaste 446,990 446,990
591,925 591,925
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr Sacha Philip Vodant by virtue of his ownership of 75% or more of the issued share capital in the company.
Page 4