Acorah Software Products - Accounts Production 16.3.350 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 09123708 N P Beesley R E Sullivan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09123708 2023-11-30 09123708 2024-11-30 09123708 2023-12-01 2024-11-30 09123708 frs-core:CurrentFinancialInstruments 2024-11-30 09123708 frs-core:PlantMachinery 2024-11-30 09123708 frs-core:PlantMachinery 2023-12-01 2024-11-30 09123708 frs-core:PlantMachinery 2023-11-30 09123708 frs-core:ShareCapital 2024-11-30 09123708 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 09123708 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09123708 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 09123708 frs-bus:SmallEntities 2023-12-01 2024-11-30 09123708 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 09123708 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 09123708 frs-bus:Director1 2023-12-01 2024-11-30 09123708 frs-bus:Director2 2023-12-01 2024-11-30 09123708 frs-countries:EnglandWales 2023-12-01 2024-11-30 09123708 2022-11-30 09123708 2023-11-30 09123708 2022-12-01 2023-11-30 09123708 frs-core:CurrentFinancialInstruments 2023-11-30 09123708 frs-core:ShareCapital 2023-11-30 09123708 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 09123708
GS2 Club Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Shaw Austin
Chartered Accountants
45 City Road
Chester
CH1 3AE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09123708
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 479 187
479 187
CURRENT ASSETS
Stocks 5 1,100 800
Debtors 6 852 3,974
Cash at bank and in hand 12,532 9,836
14,484 14,610
Creditors: Amounts Falling Due Within One Year 7 (15,224 ) (13,806 )
NET CURRENT ASSETS (LIABILITIES) (740 ) 804
TOTAL ASSETS LESS CURRENT LIABILITIES (261 ) 991
NET (LIABILITIES)/ASSETS (261 ) 991
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (361 ) 891
SHAREHOLDERS' FUNDS (261) 991
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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
N P Beesley
Director
R E Sullivan
Director
24 April 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
GS2 Club Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09123708 . The registered office is 45 City Road, Chester, CH1 3AE.
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 presentational currency is £ Sterling and all amounts are rounded to the nearest £.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 25% on cost
2.4. 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.
2.5. 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.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company makes contributions into employees' defined pension contribution schemes. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 6)
5 6
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 December 2023 931
Additions 616
As at 30 November 2024 1,547
Depreciation
As at 1 December 2023 744
Provided during the period 324
As at 30 November 2024 1,068
Net Book Value
As at 30 November 2024 479
As at 1 December 2023 187
5. Stocks
2024 2023
£ £
Materials 1,100 800
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 532 580
Other debtors 320 3,394
852 3,974
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 1,788 1,568
Taxation and social security 13,436 12,238
15,224 13,806
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
The directors have made an interest free loan available to the company of £151 (2023 - £27 paid to the company) which is repayable on demand.
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