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 11161349 L Winham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11161349 2023-11-30 11161349 2024-11-30 11161349 2023-12-01 2024-11-30 11161349 frs-core:CurrentFinancialInstruments 2024-11-30 11161349 frs-core:FurnitureFittings 2024-11-30 11161349 frs-core:FurnitureFittings 2023-12-01 2024-11-30 11161349 frs-core:FurnitureFittings 2023-11-30 11161349 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-30 11161349 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 11161349 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-30 11161349 frs-core:ShareCapital 2024-11-30 11161349 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 11161349 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11161349 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 11161349 frs-bus:SmallEntities 2023-12-01 2024-11-30 11161349 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11161349 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11161349 frs-bus:Director1 2023-12-01 2024-11-30 11161349 frs-countries:EnglandWales 2023-12-01 2024-11-30 11161349 2022-11-30 11161349 2023-11-30 11161349 2022-12-01 2023-11-30 11161349 frs-core:CurrentFinancialInstruments 2023-11-30 11161349 frs-core:ShareCapital 2023-11-30 11161349 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 11161349
Belmont Farm Nursery School Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Kalculus
Chartered Accountants, Registered Auditors & Business Advisors
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11161349
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 27,303 43,952
27,303 43,952
CURRENT ASSETS
Debtors 5 30,025 145,722
Cash at bank and in hand 855,537 769,613
885,562 915,335
Creditors: Amounts Falling Due Within One Year 6 (953,782 ) (977,208 )
NET CURRENT ASSETS (LIABILITIES) (68,220 ) (61,873 )
TOTAL ASSETS LESS CURRENT LIABILITIES (40,917 ) (17,921 )
NET LIABILITIES (40,917 ) (17,921 )
CAPITAL AND RESERVES
Called up share capital 7 302 302
Profit and Loss Account (41,219 ) (18,223 )
SHAREHOLDERS' FUNDS (40,917) (17,921)
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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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
L Winham
Director
30 May 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Belmont Farm Nursery School Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11161349 . The registered office is Moss House, 15 Brook's Mews, London, W1K 4DS.
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:
Leasehold 5 year SL and 10%
Fixtures & Fittings 5 years straight line
2.4. 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.
...CONTINUED
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2.4. Taxation - continued
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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 65 42
65 42
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 December 2023 54,816 36,644 91,460
As at 30 November 2024 54,816 36,644 91,460
Depreciation
As at 1 December 2023 34,382 13,126 47,508
Provided during the period 10,963 5,686 16,649
As at 30 November 2024 45,345 18,812 64,157
Net Book Value
As at 30 November 2024 9,471 17,832 27,303
As at 1 December 2023 20,434 23,518 43,952
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 29,038 27,212
Other debtors 987 118,510
30,025 145,722
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 30,272 30,254
Corporation tax 320,143 218,709
Other taxes and social security 43,668 24,708
Other creditors 493,256 534,922
Accruals and deferred income 44,550 168,615
Director's loan account 21,893 -
953,782 977,208
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 302 302
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