Acorah Software Products - Accounts Production 16.1.300 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 10785742 Mr Philip Wedgwood Mr Philip Ashworth Mr Paul Newton Mr Michael Rogan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10785742 2023-11-30 10785742 2024-11-30 10785742 2023-12-01 2024-11-30 10785742 frs-core:CurrentFinancialInstruments 2024-11-30 10785742 frs-core:Non-currentFinancialInstruments 2024-11-30 10785742 frs-core:BetweenOneFiveYears 2024-11-30 10785742 frs-core:ComputerEquipment 2024-11-30 10785742 frs-core:ComputerEquipment 2023-12-01 2024-11-30 10785742 frs-core:ComputerEquipment 2023-11-30 10785742 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-11-30 10785742 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 10785742 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-11-30 10785742 frs-core:FurnitureFittings 2024-11-30 10785742 frs-core:FurnitureFittings 2023-12-01 2024-11-30 10785742 frs-core:FurnitureFittings 2023-11-30 10785742 frs-core:MotorVehicles 2024-11-30 10785742 frs-core:MotorVehicles 2023-12-01 2024-11-30 10785742 frs-core:MotorVehicles 2023-11-30 10785742 frs-core:OtherResidualIntangibleAssets 2024-11-30 10785742 frs-core:OtherResidualIntangibleAssets 2023-12-01 2024-11-30 10785742 frs-core:OtherResidualIntangibleAssets 2023-11-30 10785742 frs-core:PlantMachinery 2024-11-30 10785742 frs-core:PlantMachinery 2023-12-01 2024-11-30 10785742 frs-core:PlantMachinery 2023-11-30 10785742 frs-core:WithinOneYear 2024-11-30 10785742 frs-core:SharePremium 2024-11-30 10785742 frs-core:ShareCapital 2024-11-30 10785742 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 10785742 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 10785742 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 10785742 frs-bus:SmallEntities 2023-12-01 2024-11-30 10785742 frs-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 10785742 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 10785742 frs-bus:OrdinaryShareClass2 2023-12-01 2024-11-30 10785742 frs-bus:OrdinaryShareClass2 2024-11-30 10785742 frs-bus:OrdinaryShareClass3 2023-12-01 2024-11-30 10785742 frs-bus:OrdinaryShareClass3 2024-11-30 10785742 frs-bus:OrdinaryShareClass4 2023-12-01 2024-11-30 10785742 frs-bus:OrdinaryShareClass4 2024-11-30 10785742 frs-bus:OrdinaryShareClass5 2023-12-01 2024-11-30 10785742 frs-bus:OrdinaryShareClass5 2024-11-30 10785742 frs-core:UnlistedNon-exchangeTraded 2024-11-30 10785742 frs-core:UnlistedNon-exchangeTraded 2023-11-30 10785742 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-11-30 10785742 frs-core:FurtherSpecificIncreaseDecreaseInInvestments1ComponentTotalChangeInInvestments frs-core:UnlistedNon-exchangeTraded 2024-11-30 10785742 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-11-30 10785742 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 10785742 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-11-30 10785742 frs-bus:Director1 2023-12-01 2024-11-30 10785742 frs-bus:Director2 2023-12-01 2024-11-30 10785742 frs-bus:Director3 2023-12-01 2024-11-30 10785742 frs-bus:Director4 2023-12-01 2024-11-30 10785742 frs-countries:EnglandWales 2023-12-01 2024-11-30 10785742 2022-11-30 10785742 2023-11-30 10785742 2022-12-01 2023-11-30 10785742 frs-core:CurrentFinancialInstruments 2023-11-30 10785742 frs-core:Non-currentFinancialInstruments 2023-11-30 10785742 frs-core:BetweenOneFiveYears 2023-11-30 10785742 frs-core:WithinOneYear 2023-11-30 10785742 frs-core:SharePremium 2023-11-30 10785742 frs-core:ShareCapital 2023-11-30 10785742 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 10785742 frs-bus:OrdinaryShareClass2 2022-12-01 2023-11-30 10785742 frs-bus:OrdinaryShareClass3 2022-12-01 2023-11-30 10785742 frs-bus:OrdinaryShareClass4 2022-12-01 2023-11-30 10785742 frs-bus:OrdinaryShareClass5 2022-12-01 2023-11-30
Registered number: 10785742
Engage Solutions Group Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—8
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Engage Solutions Group Limited For The Year Ended 30 November 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Engage Solutions Group Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Engage Solutions Group Limited , as a body, in accordance with the terms of our engagement letter dated 09 March 2021. Our work has been undertaken solely to prepare for your approval the accounts of Engage Solutions Group Limited and state those matters that we have agreed to state to the directors of Engage Solutions Group Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Engage Solutions Group Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Engage Solutions Group Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Engage Solutions Group Limited . You consider that Engage Solutions Group Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Engage Solutions Group Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
6th March 2025
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 10785742
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 716,956 653,707
Tangible Assets 5 66,356 71,591
Investments 6 223,069 263,948
1,006,381 989,246
CURRENT ASSETS
Debtors 7 645,234 655,333
Cash at bank and in hand 79,640 329,879
724,874 985,212
Creditors: Amounts Falling Due Within One Year 8 (1,425,208 ) (1,370,063 )
NET CURRENT ASSETS (LIABILITIES) (700,334 ) (384,851 )
TOTAL ASSETS LESS CURRENT LIABILITIES 306,047 604,395
Creditors: Amounts Falling Due After More Than One Year 9 (782,347 ) (834,239 )
NET LIABILITIES (476,300 ) (229,844 )
CAPITAL AND RESERVES
Called up share capital 12 11,853 11,853
Share premium account 1,353,100 1,353,100
Profit and Loss Account (1,841,253 ) (1,594,797 )
SHAREHOLDERS' FUNDS (476,300) (229,844)
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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 Philip Ashworth
Director
6th March 2025
The notes on pages 4 to 8 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Engage Solutions Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10785742 . The registered office is Spring Gardens, Manchester, Greater Manchester, England, M2 2BQ.

The principal place of trading is Spring Gardens, Manchester, Greater Manchester, England, M2 2BQ.
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.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
2.2. Going Concern Disclosure
The accounts have been prepared on a going concern basis. This assumption may not be valid since at the balance sheet date the company has net liabilities of £476,300 (2023: £229,844). The validity of the going concern assumption therefore depends on the continued support of the directors, suppliers and the companies bankers and other providers of finance.
2.3. Turnover
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

  • the amount of revenue can be measured reliably;
  • it is probable that the Company will receive the consideration due under the contract;
  • the stage of completion of the contract at the end of the reporting period can be measured reliably; and
  • the costs incurred and the costs to complete the contract can be measured reliably.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finate useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
2.5. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probabable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight line basis over their usefull economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.
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2.6. 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 50% Straight line
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 33% Straight line
Computer Equipment 50% Straight line
2.7. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.8. Financial Instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and otehr debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. 
2.9. Foreign Currencies
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. 
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. 
2.10. 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 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.
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 asset reflects 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 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.
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2.11. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.12. Fixed Asset investment
Investments in subsidiaries are measured at cost less impairment. All impairment movements are recognised in the P&L and the fair value reserve.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2023: 16)
18 16
4. Intangible Assets
Website Development Costs Total
£ £ £
Cost
As at 1 December 2023 15,000 2,749,059 2,764,059
Additions - 743,082 743,082
As at 30 November 2024 15,000 3,492,141 3,507,141
Amortisation
As at 1 December 2023 1,667 2,108,685 2,110,352
Provided during the period 3,000 676,833 679,833
As at 30 November 2024 4,667 2,785,518 2,790,185
Net Book Value
As at 30 November 2024 10,333 706,623 716,956
As at 1 December 2023 13,333 640,374 653,707
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2023 42,988 56,798 30,526 143,037 273,349
Additions - - 10,777 22,933 33,710
As at 30 November 2024 42,988 56,798 41,303 165,970 307,059
Depreciation
As at 1 December 2023 42,349 14,265 28,154 116,990 201,758
Provided during the period 487 10,633 2,529 25,296 38,945
As at 30 November 2024 42,836 24,898 30,683 142,286 240,703
Net Book Value
As at 30 November 2024 152 31,900 10,620 23,684 66,356
As at 1 December 2023 639 42,533 2,372 26,047 71,591
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6. Investments
Unlisted
£
Cost
As at 1 December 2023 263,948
Fair value adjustments (40,879 )
As at 30 November 2024 223,069
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 223,069
As at 1 December 2023 263,948
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 366,839 335,090
Other debtors 278,395 320,243
645,234 655,333
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 8,329 8,329
Trade creditors 47,956 117,357
Other creditors 1,259,553 1,147,524
Taxation and social security 109,370 96,853
1,425,208 1,370,063
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 25,617 32,706
Other loans 260,000 260,000
Other creditors 496,730 541,533
782,347 834,239
10. Secured Creditors
Debenture loans are secured by a fixed and floating charge over the assets of the company and are subject to a guarantee provided by the company's subsidiary undertaking. 
2024 2023
£ £
Bank loans and overdrafts 124,028 163,194
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11. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,329 8,329
Later than one year and not later than five years 37,341 45,670
45,670 53,999
Less: Finance charges allocated to future periods 11,724 12,964
33,946 41,035
12. Share Capital
2024 2023
Allotted, called up and fully paid £ £
369,003 Ordinary A shares of £ 0.01 each 3,690 3,690
246,002 Ordinary B shares of £ 0.01 each 2,460 2,460
15,790 Ordinary C shares of £ 0.25 each 3,948 3,948
175,524 Ordinary D shares of £ 0.01 each 1,755 1,755
11,853 11,853
13. Related Party Transactions
The company has taken advantage of exemption, under the terms of the Financial Reporting Standard 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
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