Acorah Software Products - Accounts Production 16.0.110 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09872559 Mr Taimur Ahmed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09872559 2022-11-30 09872559 2023-11-30 09872559 2022-12-01 2023-11-30 09872559 frs-core:CurrentFinancialInstruments 2023-11-30 09872559 frs-core:Non-currentFinancialInstruments 2023-11-30 09872559 frs-core:ComputerEquipment 2023-11-30 09872559 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09872559 frs-core:ComputerEquipment 2022-11-30 09872559 frs-core:FurnitureFittings 2023-11-30 09872559 frs-core:FurnitureFittings 2022-12-01 2023-11-30 09872559 frs-core:FurnitureFittings 2022-11-30 09872559 frs-core:PlantMachinery 2023-11-30 09872559 frs-core:PlantMachinery 2022-12-01 2023-11-30 09872559 frs-core:PlantMachinery 2022-11-30 09872559 frs-core:ShareCapital 2023-11-30 09872559 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09872559 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09872559 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09872559 frs-bus:SmallEntities 2022-12-01 2023-11-30 09872559 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09872559 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09872559 frs-bus:Director1 2022-12-01 2023-11-30 09872559 frs-countries:EnglandWales 2022-12-01 2023-11-30 09872559 2021-11-30 09872559 2022-11-30 09872559 2021-12-01 2022-11-30 09872559 frs-core:CurrentFinancialInstruments 2022-11-30 09872559 frs-core:Non-currentFinancialInstruments 2022-11-30 09872559 frs-core:ShareCapital 2022-11-30 09872559 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09872559
Crystal London Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Churchill Tax Advisers
361 Green Lane
Ilford
IG3 9TQ
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09872559
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 80,419 166,208
80,419 166,208
CURRENT ASSETS
Stocks 5 38,000 18,965
Debtors 6 15,789 11,866
Cash at bank and in hand 42,176 64,114
95,965 94,945
Creditors: Amounts Falling Due Within One Year 7 (974,805 ) (980,660 )
NET CURRENT ASSETS (LIABILITIES) (878,840 ) (885,715 )
TOTAL ASSETS LESS CURRENT LIABILITIES (798,421 ) (719,507 )
Creditors: Amounts Falling Due After More Than One Year 8 (27,263 ) (37,040 )
NET LIABILITIES (825,684 ) (756,547 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (825,784 ) (756,647 )
SHAREHOLDERS' FUNDS (825,684) (756,547)
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 Taimur Ahmed
Director
29/11/2024
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
Crystal London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09872559 . The registered office is 62 High Mount, Station Road, London, NW4 3ST.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 20% SLM
Fixtures & Fittings 20% SLM
Computer Equipment 50% SLM
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: 11 (2022: 10)
11 10
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2022 128,259 358,909 414 487,582
Additions 6,320 8,214 - 14,534
As at 30 November 2023 134,579 367,123 414 502,116
Depreciation
As at 1 December 2022 72,182 248,778 414 321,374
Provided during the period 26,898 73,425 - 100,323
As at 30 November 2023 99,080 322,203 414 421,697
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 November 2023 35,499 44,920 - 80,419
As at 1 December 2022 56,077 110,131 - 166,208
5. Stocks
2023 2022
£ £
Stock 38,000 18,965
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 2,250 4,007
Prepayments and accrued income 13,539 7,859
15,789 11,866
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 85,042 121,779
Other taxes and social security 3,989 1,348
VAT 28,245 16,530
Net wages 8,721 17,894
Other creditors - 2,115
Director's loan account 848,808 820,994
974,805 980,660
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 27,263 37,040
27,263 37,040
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4