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 03886529 Mrs Kyriacou Skordis M.N.C. Management Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03886529 2023-11-30 03886529 2024-11-30 03886529 2023-12-01 2024-11-30 03886529 frs-core:CurrentFinancialInstruments 2024-11-30 03886529 frs-core:ShareCapital 2024-11-30 03886529 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 03886529 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 03886529 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 03886529 frs-bus:SmallEntities 2023-12-01 2024-11-30 03886529 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 03886529 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 03886529 frs-bus:Director1 2023-12-01 2024-11-30 03886529 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 03886529 frs-countries:EnglandWales 2023-12-01 2024-11-30 03886529 2022-11-30 03886529 2023-11-30 03886529 2022-12-01 2023-11-30 03886529 frs-core:CurrentFinancialInstruments 2023-11-30 03886529 frs-core:ShareCapital 2023-11-30 03886529 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 03886529
999 Services Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Mouktaris & Co Ltd
Chartered Accountants & Registered Auditors
156a Burnt Oak Broadway
Edgware
Middlesex
HA8 0AX
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 03886529
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 7,794 182
Cash at bank and in hand 28,347 82,319
36,141 82,501
Creditors: Amounts Falling Due Within One Year 5 (23,192 ) (50,364 )
NET CURRENT ASSETS (LIABILITIES) 12,949 32,137
TOTAL ASSETS LESS CURRENT LIABILITIES 12,949 32,137
NET ASSETS 12,949 32,137
CAPITAL AND RESERVES
Called up share capital 6 100 100
Income Statement 12,849 32,037
SHAREHOLDERS' FUNDS 12,949 32,137
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 Income Statement.
On behalf of the board
Mrs Kyriacou Skordis
Director
4 April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
999 Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03886529 . The registered office is 156a Burnt Oak Broadway, Edgware, Middlesex, HA8 0AX.
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 financial statements are prepared in sterling, which is the functional currency of the entity.
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; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. 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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Taxation
There is no corporation tax liability as the company has trade losses brought forward now utilised against current profits.
Tax 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.
Current 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.
2.5. Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and where material are subsequently measured at amortised cost using the effective interest method, less any impairment.
2.6. Basic financial liabilities
Basic financial liabilities, including trade and other payables and loans from company undertakings that are classified as debt are initially measured at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at the market rate of interest.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 2
Page 3
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,732 -
Corporation tax recoverable assets 182 182
VAT 880 -
7,794 182
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 10,722 36,694
Other creditors 7,970 7,970
Accruals and deferred income 4,500 5,700
23,192 50,364
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3