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 10274044 Mr Morgan Gray Mr Omar Wahab Ms Mareesa Wahab Ms Laura Woodall Mr Duncan Gray iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10274044 2023-11-30 10274044 2024-11-30 10274044 2023-12-01 2024-11-30 10274044 frs-core:CurrentFinancialInstruments 2024-11-30 10274044 frs-core:Non-currentFinancialInstruments 2024-11-30 10274044 frs-core:BetweenOneFiveYears 2024-11-30 10274044 frs-core:ComputerEquipment 2024-11-30 10274044 frs-core:ComputerEquipment 2023-12-01 2024-11-30 10274044 frs-core:ComputerEquipment 2023-11-30 10274044 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 10274044 frs-core:FurnitureFittings 2024-11-30 10274044 frs-core:FurnitureFittings 2023-12-01 2024-11-30 10274044 frs-core:FurnitureFittings 2023-11-30 10274044 frs-core:NetGoodwill 2024-11-30 10274044 frs-core:NetGoodwill 2023-12-01 2024-11-30 10274044 frs-core:NetGoodwill 2023-11-30 10274044 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-30 10274044 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 10274044 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-30 10274044 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 10274044 frs-core:MotorVehicles 2024-11-30 10274044 frs-core:MotorVehicles 2023-12-01 2024-11-30 10274044 frs-core:MotorVehicles 2023-11-30 10274044 frs-core:OtherResidualIntangibleAssets 2024-11-30 10274044 frs-core:OtherResidualIntangibleAssets 2023-12-01 2024-11-30 10274044 frs-core:OtherResidualIntangibleAssets 2023-11-30 10274044 frs-core:PlantMachinery 2024-11-30 10274044 frs-core:PlantMachinery 2023-12-01 2024-11-30 10274044 frs-core:PlantMachinery 2023-11-30 10274044 frs-core:WithinOneYear 2024-11-30 10274044 frs-core:ShareCapital 2024-11-30 10274044 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 10274044 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 10274044 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 10274044 frs-bus:SmallEntities 2023-12-01 2024-11-30 10274044 frs-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 10274044 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 10274044 frs-bus:OrdinaryShareClass1 2023-12-01 2024-11-30 10274044 frs-bus:OrdinaryShareClass1 2024-11-30 10274044 frs-bus:OrdinaryShareClass3 2023-12-01 2024-11-30 10274044 frs-bus:OrdinaryShareClass3 2024-11-30 10274044 frs-core:DeferredTaxation 2023-12-01 2024-11-30 10274044 frs-core:DeferredTaxation 2023-11-30 10274044 frs-core:DeferredTaxation 2024-11-30 10274044 frs-bus:Director1 2023-12-01 2024-11-30 10274044 frs-bus:Director2 2023-12-01 2024-11-30 10274044 frs-bus:Director3 2023-12-01 2024-11-30 10274044 frs-bus:Director4 2023-12-01 2024-11-30 10274044 frs-bus:Director5 2023-12-01 2024-11-30 10274044 frs-countries:EnglandWales 2023-12-01 2024-11-30 10274044 2022-11-30 10274044 2023-11-30 10274044 2022-12-01 2023-11-30 10274044 frs-core:CurrentFinancialInstruments 2023-11-30 10274044 frs-core:Non-currentFinancialInstruments 2023-11-30 10274044 frs-core:BetweenOneFiveYears 2023-11-30 10274044 frs-core:WithinOneYear 2023-11-30 10274044 frs-core:ShareCapital 2023-11-30 10274044 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 10274044 frs-bus:OrdinaryShareClass1 2022-12-01 2023-11-30 10274044 frs-bus:OrdinaryShareClass3 2022-12-01 2023-11-30
Registered number: 10274044
Fluid Science Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—8
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Fluid Science Limited for the year ended 30 November 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of  Fluid Science Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Fluid Science Limited , as a body, in accordance with the terms of our engagement letter dated 31/03/2025. Our work has been undertaken solely to prepare for your approval the accounts of Fluid Science Limited and state those matters that we have agreed to state to the directors of Fluid Science Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fluid Science Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Fluid Science Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Fluid Science Limited . You consider that Fluid Science Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Fluid Science Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
24th June 2025
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 10274044
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 10,938 15,313
Tangible Assets 5 263,193 185,504
274,131 200,817
CURRENT ASSETS
Stocks 6 498,487 448,082
Debtors 7 341,015 280,959
Cash at bank and in hand 116,775 70,573
956,277 799,614
Creditors: Amounts Falling Due Within One Year 8 (595,368 ) (468,272 )
NET CURRENT ASSETS (LIABILITIES) 360,909 331,342
TOTAL ASSETS LESS CURRENT LIABILITIES 635,040 532,159
Creditors: Amounts Falling Due After More Than One Year 9 (164,090 ) (121,094 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (42,919 ) (24,275 )
NET ASSETS 428,031 386,790
CAPITAL AND RESERVES
Called up share capital 13 110 110
Profit and Loss Account 427,921 386,680
SHAREHOLDERS' FUNDS 428,031 386,790
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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 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
Mr Morgan Gray
Director
24th June 2025
The notes on pages 4 to 8 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Fluid Science Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10274044 . The registered office is Unit 3b, Arbour Court, Knowsley Industrial Park, Kirkby, Liverpool, L33 7XE.
The company's principal place of business is Unit 3b, Arbour Court, Knowsley Industrial Park, Kirkby, L33 7XE.
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, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Patents and licences are being amortised evenly over their estimated useful life of five years.
2.5. 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:
Building costs - plant & machinery 10% on Straight line
Leasehold 10% on Reducing balance
Plant & Machinery 10% on Reducing balance
Motor Vehicles 25% on Reducing balance
Fixtures & Fittings 25% on Reducing balance
Computer Equipment 25% on Straight line
2.6. 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.
2.7. 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.
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2.8. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.9. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2023: 12)
18 12
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 December 2023 43,752 20,000 63,752
As at 30 November 2024 43,752 20,000 63,752
Amortisation
As at 1 December 2023 28,439 20,000 48,439
Provided during the period 4,375 - 4,375
As at 30 November 2024 32,814 20,000 52,814
Net Book Value
As at 30 November 2024 10,938 - 10,938
As at 1 December 2023 15,313 - 15,313
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 December 2023 10,000 173,273 35,000 15,741
Additions 17,794 33,173 55,710 9,696
Disposals - - - -
As at 30 November 2024 27,794 206,446 90,710 25,437
Depreciation
As at 1 December 2023 2,168 42,568 11,627 4,374
...CONTINUED
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Page 6
Provided during the period 2,563 14,582 19,885 4,187
Disposals - - - -
As at 30 November 2024 4,731 57,150 31,512 8,561
Net Book Value
As at 30 November 2024 23,063 149,296 59,198 16,876
As at 1 December 2023 7,832 130,705 23,373 11,367
Computer Equipment Total
£ £
Cost
As at 1 December 2023 20,002 254,016
Additions 8,822 125,195
Disposals (391 ) (391 )
As at 30 November 2024 28,433 378,820
Depreciation
As at 1 December 2023 7,775 68,512
Provided during the period 5,913 47,130
Disposals (15 ) (15 )
As at 30 November 2024 13,673 115,627
Net Book Value
As at 30 November 2024 14,760 263,193
As at 1 December 2023 12,227 185,504
6. Stocks
2024 2023
£ £
Stock 498,487 448,082
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 301,394 245,090
Amounts owed by group undertakings 21,922 21,172
Other debtors 17,699 14,697
341,015 280,959
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 13,928 -
Trade creditors 240,508 197,700
Bank loans and overdrafts 16,631 16,448
Amounts owed to group undertakings 52,214 91,429
Other creditors 161,000 106,333
Taxation and social security 111,087 56,362
595,368 468,272
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 29,016 -
Bank loans 46,728 58,988
Other loans 88,346 62,106
164,090 121,094
10. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Other Creditors 128,917 84,632
11. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 13,928 -
Later than one year and not later than five years 29,016 -
42,944 -
42,944 -
12. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 December 2023 24,275 24,275
Deferred taxation 18,644 18,644
Balance at 30 November 2024 42,919 42,919
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13. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1 each 100 100
10 Ordinary B shares of £ 1 each 10 10
110 110
14. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
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