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 12173145 Mr Stuart Reid Mrs Sarah Reid iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12173145 2023-11-30 12173145 2024-11-30 12173145 2023-12-01 2024-11-30 12173145 frs-core:CurrentFinancialInstruments 2024-11-30 12173145 frs-core:InvestmentPropertyIncludedWithinPPE 2024-11-30 12173145 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-01 2024-11-30 12173145 frs-core:InvestmentPropertyIncludedWithinPPE 2023-11-30 12173145 frs-core:MotorVehicles 2024-11-30 12173145 frs-core:MotorVehicles 2023-12-01 2024-11-30 12173145 frs-core:MotorVehicles 2023-11-30 12173145 frs-core:ShareCapital 2024-11-30 12173145 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 12173145 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 12173145 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 12173145 frs-bus:SmallEntities 2023-12-01 2024-11-30 12173145 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 12173145 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 12173145 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-12-01 2024-11-30 12173145 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-11-30 12173145 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-11-30 12173145 frs-core:UnlistedNon-exchangeTraded 2024-11-30 12173145 frs-core:UnlistedNon-exchangeTraded 2023-11-30 12173145 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-11-30 12173145 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-11-30 12173145 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 12173145 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-11-30 12173145 frs-bus:Director1 2023-12-01 2024-11-30 12173145 frs-bus:Director2 2023-12-01 2024-11-30 12173145 1 2023-12-01 2024-11-30 12173145 frs-countries:EnglandWales 2023-12-01 2024-11-30 12173145 2022-11-30 12173145 2023-11-30 12173145 2022-12-01 2023-11-30 12173145 frs-core:CurrentFinancialInstruments 2023-11-30 12173145 frs-core:ShareCapital 2023-11-30 12173145 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 12173145 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-11-30 12173145 1 2022-12-01 2023-11-30
Registered number: 12173145
Cloverfield Properties Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12173145
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 502,941 350,000
Investments 5 100 100
503,041 350,100
CURRENT ASSETS
Debtors 6 6,145 199
Cash at bank and in hand 1,493 110,031
7,638 110,230
Creditors: Amounts Falling Due Within One Year 7 (60,375 ) (11,508 )
NET CURRENT ASSETS (LIABILITIES) (52,737 ) 98,722
TOTAL ASSETS LESS CURRENT LIABILITIES 450,304 448,822
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,593 ) (15,189 )
NET ASSETS 447,711 433,633
CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 7,780 45,565
Profit and Loss Account 439,831 387,968
SHAREHOLDERS' FUNDS 447,711 433,633
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 Stuart Reid
Director
13/03/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cloverfield Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12173145 . The registered office is 4 Clover Field, Clayton le Woods, Chorley, PR6 7RP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historic 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 tax. 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.

Turnover from the sale of goods is recognised when goods are delivered and legal title has passed.

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:
Motor Vehicles 25% Reducing Balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.

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 all 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. 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.
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3. Average Number of Employees
Average number of employees during the year was as follows:
2024 2023
Directors 2 2
2 2
4. Tangible Assets
Investment Properties Motor Vehicles Total
£ £ £
Cost or Valuation
As at 1 December 2023 350,000 - 350,000
Additions 185,572 18,932 204,504
Revaluation (50,381 ) - (50,381 )
As at 30 November 2024 485,191 18,932 504,123
Depreciation
As at 1 December 2023 - - -
Provided during the period - 1,182 1,182
As at 30 November 2024 - 1,182 1,182
Net Book Value
As at 30 November 2024 485,191 17,750 502,941
As at 1 December 2023 350,000 - 350,000
5. Investments
Unlisted
£
Cost
As at 1 December 2023 100
As at 30 November 2024 100
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 100
As at 1 December 2023 100
The above investment relates to Shares in a subsidiary company, Red Energy Solutions Limited
This company holds 100% of the ordinary share capital in Red Energy Solutions Ltd, a company which is registered in England. The capital reserves of this undertaking at 30th November 2024 amounted to £7,366 (2023 - £61,377).
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6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,145 199
Other debtors 5,000 -
6,145 199
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 226 93
Corporation tax 414 3,415
Other creditors 807 -
Accruals and deferred income 1,200 -
Directors' loan accounts 57,728 8,000
60,375 11,508
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Fair Value Reserve
£
As at 1 December 2023 45,565
Transfer to profit and loss (37,785 )
As at 30 November 2024 7,780
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