Acorah Software Products - Accounts Production 16.1.200 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 13714986 Mr Callum Lawe Mr Daniel Lester iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13714986 2023-11-30 13714986 2024-11-30 13714986 2023-12-01 2024-11-30 13714986 frs-core:CurrentFinancialInstruments 2024-11-30 13714986 frs-core:ComputerEquipment 2024-11-30 13714986 frs-core:ComputerEquipment 2023-12-01 2024-11-30 13714986 frs-core:ComputerEquipment 2023-11-30 13714986 frs-core:FurnitureFittings 2024-11-30 13714986 frs-core:FurnitureFittings 2023-12-01 2024-11-30 13714986 frs-core:FurnitureFittings 2023-11-30 13714986 frs-core:MotorVehicles 2024-11-30 13714986 frs-core:MotorVehicles 2023-12-01 2024-11-30 13714986 frs-core:MotorVehicles 2023-11-30 13714986 frs-core:PlantMachinery 2024-11-30 13714986 frs-core:PlantMachinery 2023-12-01 2024-11-30 13714986 frs-core:PlantMachinery 2023-11-30 13714986 frs-core:ShareCapital 2024-11-30 13714986 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 13714986 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13714986 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 13714986 frs-bus:SmallEntities 2023-12-01 2024-11-30 13714986 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13714986 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 13714986 frs-bus:Director1 2023-12-01 2024-11-30 13714986 frs-bus:Director2 2023-12-01 2024-11-30 13714986 frs-countries:EnglandWales 2023-12-01 2024-11-30 13714986 2022-11-30 13714986 2023-11-30 13714986 2022-12-01 2023-11-30 13714986 frs-core:CurrentFinancialInstruments 2023-11-30 13714986 frs-core:ShareCapital 2023-11-30 13714986 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 13714986
Holbeach United Football & Education Academy Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
MACRO ACCOUNTANCY LTD
Willows Holt Yard
Willows Holt, Willows Lane,
Sibsey, Boston
Lincolnshire
PE22 0TG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13714986
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,011 9,493
21,011 9,493
CURRENT ASSETS
Debtors 5 12,956 6,205
12,956 6,205
Creditors: Amounts Falling Due Within One Year 6 (24,114 ) (11,292 )
NET CURRENT ASSETS (LIABILITIES) (11,158 ) (5,087 )
TOTAL ASSETS LESS CURRENT LIABILITIES 9,853 4,406
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,992 ) (1,114 )
NET ASSETS 5,861 3,292
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 5,761 3,192
SHAREHOLDERS' FUNDS 5,861 3,292
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For the year ending 30 November 2024 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 Callum Lawe
Director
02/01/2025
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
Holbeach United Football & Education Academy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13714986 . The registered office is 15 Wharf Street, Sutton Bridge, Spalding, Lincolnshire, PE12 9UF.
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.

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 25% reducing balance basis
Motor Vehicles 25% reducing balance basis
Fixtures & Fittings 25% reducing balance basis
Computer Equipment 33% straight line basis
2.4. Taxation
Income 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 years 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 5)
3 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2023 5,514 7,820 - 1,437 14,771
Additions - 21,490 1,750 - 23,240
Disposals - (7,820 ) - - (7,820 )
As at 30 November 2024 5,514 21,490 1,750 1,437 30,191
Depreciation
As at 1 December 2023 1,379 3,421 - 478 5,278
Provided during the period 1,034 5,373 438 478 7,323
Disposals - (3,421 ) - - (3,421 )
As at 30 November 2024 2,413 5,373 438 956 9,180
Net Book Value
As at 30 November 2024 3,101 16,117 1,312 481 21,011
As at 1 December 2023 4,135 4,399 - 959 9,493
5. Debtors
2024 2023
£ £
Due within one year
VAT 12,956 6,205
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 2,193 1,717
Other loans 15,600 -
Corporation tax 5,754 4,644
Other taxes and social security 129 -
Accruals and deferred income 400 350
Directors' loan accounts 38 4,581
24,114 11,292
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7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 30,600 23,400
Dividends were declared at 30 November 2023 of £11,700 (2022: £1,000) to each shareholder.
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