Acorah Software Products - Accounts Production 16.2.850 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 04594238 C Ashleigh Z Ashleigh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04594238 2023-11-30 04594238 2024-11-30 04594238 2023-12-01 2024-11-30 04594238 frs-core:CurrentFinancialInstruments 2024-11-30 04594238 frs-core:Non-currentFinancialInstruments 2024-11-30 04594238 frs-core:ComputerEquipment 2024-11-30 04594238 frs-core:ComputerEquipment 2023-12-01 2024-11-30 04594238 frs-core:ComputerEquipment 2023-11-30 04594238 frs-core:FurnitureFittings 2024-11-30 04594238 frs-core:FurnitureFittings 2023-12-01 2024-11-30 04594238 frs-core:FurnitureFittings 2023-11-30 04594238 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 04594238 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 04594238 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 04594238 frs-core:MotorVehicles 2024-11-30 04594238 frs-core:MotorVehicles 2023-12-01 2024-11-30 04594238 frs-core:MotorVehicles 2023-11-30 04594238 frs-core:PlantMachinery 2023-12-01 2024-11-30 04594238 frs-core:ShareCapital 2024-11-30 04594238 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 04594238 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 04594238 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 04594238 frs-bus:SmallEntities 2023-12-01 2024-11-30 04594238 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 04594238 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 04594238 frs-bus:Director1 2023-12-01 2024-11-30 04594238 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 04594238 frs-countries:EnglandWales 2023-12-01 2024-11-30 04594238 2022-11-30 04594238 2023-11-30 04594238 2022-12-01 2023-11-30 04594238 frs-core:CurrentFinancialInstruments 2023-11-30 04594238 frs-core:Non-currentFinancialInstruments 2023-11-30 04594238 frs-core:ShareCapital 2023-11-30 04594238 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 04594238
Claudia Ashleigh Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Naylor Accountancy Services Limited
25 Hursley Road
Chandler's Ford
Eastleigh
Hampshire
SO53 2FS
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Director C Ashleigh
Secretary Z Ashleigh
Company Number 04594238
Registered Office 25 Hursley Road
Chandler's Ford
Eastleigh
Hampshire
SO53 2FS
Accountants Naylor Accountancy Services Limited
25 Hursley Road
Chandler's Ford
Eastleigh
Hampshire
SO53 2FS
Page 1
Page 2
Balance Sheet
Registered number: 04594238
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 401,262 412,267
401,262 412,267
CURRENT ASSETS
Stocks 27,429 28,963
Debtors 5 3,805 5,946
Cash at bank and in hand 132,263 119,960
163,497 154,869
Creditors: Amounts Falling Due Within One Year 6 (80,433 ) (105,436 )
NET CURRENT ASSETS (LIABILITIES) 83,064 49,433
TOTAL ASSETS LESS CURRENT LIABILITIES 484,326 461,700
Creditors: Amounts Falling Due After More Than One Year 7 (190,112 ) (204,355 )
NET ASSETS 294,214 257,345
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 294,213 257,344
SHAREHOLDERS' FUNDS 294,214 257,345
Page 2
Page 3
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
C Ashleigh
Director
6th March 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Claudia Ashleigh Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04594238 . The registered office is 25 Hursley Road, Chandler's Ford, Eastleigh, Hampshire, SO53 2FS.
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:
Freehold 2% straight line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
2.4. 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.
2.5. 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.
...CONTINUED
Page 4
Page 5
2.5. Taxation - continued
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.
2.6. 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.
2.7. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown wihtin borrowings in current liabilities.
2.8. Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2023 436,682 2,369 32,474 24,741 496,266
Additions - - 495 - 495
As at 30 November 2024 436,682 2,369 32,969 24,741 496,761
Depreciation
As at 1 December 2023 34,938 1,708 31,174 16,179 83,999
Provided during the period 8,736 168 448 2,148 11,500
As at 30 November 2024 43,674 1,876 31,622 18,327 95,499
Net Book Value
As at 30 November 2024 393,008 493 1,347 6,414 401,262
As at 1 December 2023 401,744 661 1,300 8,562 412,267
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 129 129
Prepayments and accrued income 2,762 2,546
Other debtors 914 2,300
VAT - 971
3,805 5,946
Page 5
Page 6
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 9,417 12,013
Bank loans and overdrafts 20,339 20,339
Corporation tax 14,746 10,805
Other creditors - 3,669
Accruals and deferred income - 495
Amounts owed to group undertakings 35,931 58,115
80,433 105,436
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 190,112 204,355
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 6