Acorah Software Products - Accounts Production 16.3.350 false true false 22 November 2023 30 November 2024 30 November 2024 NI705155 Mrs M McTiernan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI705155 2023-11-21 NI705155 2024-11-30 NI705155 2023-11-22 2024-11-30 NI705155 frs-core:CurrentFinancialInstruments 2024-11-30 NI705155 frs-core:FurnitureFittings 2024-11-30 NI705155 frs-core:FurnitureFittings 2023-11-22 2024-11-30 NI705155 frs-core:FurnitureFittings 2023-11-21 NI705155 frs-core:ShareCapital 2024-11-30 NI705155 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 NI705155 frs-bus:PrivateLimitedCompanyLtd 2023-11-22 2024-11-30 NI705155 frs-bus:FilletedAccounts 2023-11-22 2024-11-30 NI705155 frs-bus:SmallEntities 2023-11-22 2024-11-30 NI705155 frs-bus:AuditExempt-NoAccountantsReport 2023-11-22 2024-11-30 NI705155 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-22 2024-11-30 NI705155 frs-bus:Director1 2023-11-22 2024-11-30 NI705155 frs-bus:Director1 2023-11-21 NI705155 frs-bus:Director1 2024-11-30 NI705155 frs-countries:NorthernIreland 2023-11-22 2024-11-30
Registered number: NI705155
East Is Best Ltd
Unaudited Financial Statements
For the Period 22 November 2023 to 30 November 2024
SJK Chartered Accountants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: NI705155
30 November 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 7,702
Investment Properties 5 96,628
104,330
CURRENT ASSETS
Debtors 6 232
Cash at bank and in hand 518
750
Creditors: Amounts Falling Due Within One Year 7 (110,094 )
NET CURRENT ASSETS (LIABILITIES) (109,344 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,014 )
NET LIABILITIES (5,014 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (5,114 )
SHAREHOLDERS' FUNDS (5,014)
For the period 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
Mrs M McTiernan
Director
9 May 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
East Is Best Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI705155 . The registered office is C/O SJK Chartered Accountants, 8 Bridge Road, Moira, BT67 0PF.
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. 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:
Fixtures & Fittings 15% Reducing Balance
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 22 November 2023 -
Additions 7,900
As at 30 November 2024 7,900
Depreciation
As at 22 November 2023 -
Provided during the period 198
As at 30 November 2024 198
Net Book Value
As at 30 November 2024 7,702
As at 22 November 2023 -
5. Investment Property
30 November 2024
£
Fair Value
As at 22 November 2023 -
Additions 96,628
As at 30 November 2024 96,628
The director considers that the above value of investment property represents the market value at 30 November 2024.
Page 2
Page 3
6. Debtors
30 November 2024
£
Due within one year
Other debtors 232
7. Creditors: Amounts Falling Due Within One Year
30 November 2024
£
Accruals and deferred income 690
Directors' loan accounts 109,404
110,094
8. Share Capital
30 November 2024
£
Allotted, Called up and fully paid 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 22 November 2023 Amounts advanced Amounts repaid Amounts written off As at 30 November 2024
£ £ £ £ £
Mrs Maire McTiernan - 109,504 100 - 109,404
The above loan is unsecured, interest free and repayable on demand.
Page 3