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 12339944 Mr Benjamin Gregory Mrs Maria Plaza Rubio iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12339944 2023-11-30 12339944 2024-11-30 12339944 2023-12-01 2024-11-30 12339944 frs-core:CurrentFinancialInstruments 2024-11-30 12339944 frs-core:Non-currentFinancialInstruments 2024-11-30 12339944 frs-core:ComputerEquipment 2024-11-30 12339944 frs-core:ComputerEquipment 2023-12-01 2024-11-30 12339944 frs-core:ComputerEquipment 2023-11-30 12339944 frs-core:FurnitureFittings 2024-11-30 12339944 frs-core:FurnitureFittings 2023-12-01 2024-11-30 12339944 frs-core:FurnitureFittings 2023-11-30 12339944 frs-core:MotorVehicles 2024-11-30 12339944 frs-core:MotorVehicles 2023-12-01 2024-11-30 12339944 frs-core:MotorVehicles 2023-11-30 12339944 frs-core:PlantMachinery 2024-11-30 12339944 frs-core:PlantMachinery 2023-12-01 2024-11-30 12339944 frs-core:PlantMachinery 2023-11-30 12339944 frs-core:ShareCapital 2024-11-30 12339944 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 12339944 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 12339944 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 12339944 frs-bus:SmallEntities 2023-12-01 2024-11-30 12339944 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 12339944 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 12339944 frs-bus:Director1 2023-12-01 2024-11-30 12339944 frs-bus:Director2 2023-12-01 2024-11-30 12339944 frs-countries:EnglandWales 2023-12-01 2024-11-30 12339944 2022-11-30 12339944 2023-11-30 12339944 2022-12-01 2023-11-30 12339944 frs-core:CurrentFinancialInstruments 2023-11-30 12339944 frs-core:Non-currentFinancialInstruments 2023-11-30 12339944 frs-core:ShareCapital 2023-11-30 12339944 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 12339944
Exotic Explorers (Essex) Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
GC Accountancy Management Service Ltd
Howes Farm Office
Doddinghurst Road Pilgrims Hatch
Brentwood
Essex
CM15 0SG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12339944
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,106 6,831
Investment Properties 5 25,369 9,996
30,475 16,827
CURRENT ASSETS
Stocks 6 12,000 12,201
Debtors 7 13,111 14,726
Cash at bank and in hand 803 20,400
25,914 47,327
Creditors: Amounts Falling Due Within One Year 8 (11,774 ) (28,759 )
NET CURRENT ASSETS (LIABILITIES) 14,140 18,568
TOTAL ASSETS LESS CURRENT LIABILITIES 44,615 35,395
Creditors: Amounts Falling Due After More Than One Year 9 (2,417 ) (8,102 )
NET ASSETS 42,198 27,293
CAPITAL AND RESERVES
Called up share capital 10 20,100 30,100
Profit and Loss Account 22,098 (2,807 )
SHAREHOLDERS' FUNDS 42,198 27,293
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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 Benjamin Gregory
Director
21/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Exotic Explorers (Essex) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12339944 . The registered office is 1 Kensington Road, Brentwood, CM15 9LG.
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. 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.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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 33% Staight Line
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 20% Staight Line
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. 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: 3 (2023: 3)
3 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 December 2023 5,677 20,500 786 163 27,126
As at 30 November 2024 5,677 20,500 786 163 27,126
Depreciation
As at 1 December 2023 5,683 14,018 462 132 20,295
Provided during the period (6 ) 1,620 81 30 1,725
As at 30 November 2024 5,677 15,638 543 162 22,020
Net Book Value
As at 30 November 2024 - 4,862 243 1 5,106
As at 1 December 2023 (6 ) 6,482 324 31 6,831
5. Investment Property
2024
£
Fair Value
As at 1 December 2023 9,996
Additions 17,270
Revaluations (1,897)
As at 30 November 2024 25,369
Investments are the animals, insects, birds etc., puchased and maintained for display use had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost - 13,945
Accumulated depreciation and impairment - 4,096
Carrying amount - 9,849
6. Stocks
2024 2023
£ £
Materials 2,500 7,068
Work in progress 9,500 5,133
12,000 12,201
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7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,018 14,633
VAT 93 93
13,111 14,726
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 6,006 6,006
Other taxes and social security 1,260 422
Net wages 2,791 -
Other creditors 916 13,214
Accruals and deferred income 801 750
Directors' loan accounts - 8,367
11,774 28,759
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce Back Loan 2,417 8,102
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20,100 30,100
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