Acorah Software Products - Accounts Production 16.1.300 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 SC424245 Mr Andrew Robertson Mr OddGeir Oddsen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC424245 2023-11-30 SC424245 2024-11-30 SC424245 2023-12-01 2024-11-30 SC424245 frs-core:CurrentFinancialInstruments 2024-11-30 SC424245 frs-core:Non-currentFinancialInstruments 2024-11-30 SC424245 frs-core:ComputerEquipment 2024-11-30 SC424245 frs-core:ComputerEquipment 2023-12-01 2024-11-30 SC424245 frs-core:ComputerEquipment 2023-11-30 SC424245 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-30 SC424245 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 SC424245 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-30 SC424245 frs-core:SharePremium 2024-11-30 SC424245 frs-core:ShareCapital 2024-11-30 SC424245 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 SC424245 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 SC424245 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 SC424245 frs-bus:SmallEntities 2023-12-01 2024-11-30 SC424245 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 SC424245 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 SC424245 frs-bus:Director1 2023-12-01 2024-11-30 SC424245 frs-bus:Director2 2023-12-01 2024-11-30 SC424245 frs-countries:Scotland 2023-12-01 2024-11-30 SC424245 2022-11-30 SC424245 2023-11-30 SC424245 2022-12-01 2023-11-30 SC424245 frs-core:CurrentFinancialInstruments 2023-11-30 SC424245 frs-core:Non-currentFinancialInstruments 2023-11-30 SC424245 frs-core:SharePremium 2023-11-30 SC424245 frs-core:ShareCapital 2023-11-30 SC424245 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: SC424245
Fishfrom Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Onpoint Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC424245
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 567,639 571,939
567,639 571,939
CURRENT ASSETS
Debtors 5 14,415 12,149
Cash at bank and in hand 50,623 32,091
65,038 44,240
Creditors: Amounts Falling Due Within One Year 7 (16,624 ) (17,943 )
NET CURRENT ASSETS (LIABILITIES) 48,414 26,297
TOTAL ASSETS LESS CURRENT LIABILITIES 616,053 598,236
Creditors: Amounts Falling Due After More Than One Year 8 (877,039 ) (874,318 )
NET LIABILITIES (260,986 ) (276,082 )
CAPITAL AND RESERVES
Called up share capital 9 6 5
Share premium account 896,958 776,959
Profit and Loss Account (1,157,950 ) (1,053,046 )
SHAREHOLDERS' FUNDS (260,986) (276,082)
Page 1
Page 2
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 Andrew Robertson
Director
22/01/2025
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
Fishfrom Limited is a private company, limited by shares, incorporated in Scotland, registered number SC424245 . The registered office is 1 George Square, Glasgow, G2 1AL.
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:
Leasehold 5%
Computer Equipment 25% straight line
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Leasehold Computer Equipment Total
£ £ £
Cost
As at 1 December 2023 579,457 5,894 585,351
As at 30 November 2024 579,457 5,894 585,351
...CONTINUED
Page 3
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Depreciation
As at 1 December 2023 11,704 1,708 13,412
Provided during the period 2,827 1,473 4,300
As at 30 November 2024 14,531 3,181 17,712
Net Book Value
As at 30 November 2024 564,926 2,713 567,639
As at 1 December 2023 567,753 4,186 571,939
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 14,415 12,149
6. Current Asset Investments
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,995 12,996
Other creditors 1,240 1,240
Taxation and social security 2,389 3,707
16,624 17,943
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Trade creditors 200,430 200,430
Other creditors 676,609 673,888
877,039 874,318
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 6 5
Page 4