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 11154841 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 11154841 2023-11-30 11154841 2024-11-30 11154841 2023-12-01 2024-11-30 11154841 frs-core:CurrentFinancialInstruments 2024-11-30 11154841 frs-core:Non-currentFinancialInstruments 2024-11-30 11154841 frs-core:ComputerEquipment 2024-11-30 11154841 frs-core:ComputerEquipment 2023-12-01 2024-11-30 11154841 frs-core:ComputerEquipment 2023-11-30 11154841 frs-core:FurnitureFittings 2024-11-30 11154841 frs-core:FurnitureFittings 2023-12-01 2024-11-30 11154841 frs-core:FurnitureFittings 2023-11-30 11154841 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 11154841 frs-core:PlantMachinery 2024-11-30 11154841 frs-core:PlantMachinery 2023-12-01 2024-11-30 11154841 frs-core:PlantMachinery 2023-11-30 11154841 frs-core:ShareCapital 2024-11-30 11154841 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 11154841 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11154841 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 11154841 frs-bus:SmallEntities 2023-12-01 2024-11-30 11154841 frs-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 11154841 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11154841 frs-bus:OrdinaryShareClass2 2023-12-01 2024-11-30 11154841 frs-bus:OrdinaryShareClass2 2024-11-30 11154841 frs-bus:OrdinaryShareClass3 2023-12-01 2024-11-30 11154841 frs-bus:OrdinaryShareClass3 2024-11-30 11154841 frs-bus:OrdinaryShareClass4 2023-12-01 2024-11-30 11154841 frs-bus:OrdinaryShareClass4 2024-11-30 11154841 frs-core:DeferredTaxation 2023-12-01 2024-11-30 11154841 frs-core:DeferredTaxation 2023-11-30 11154841 frs-core:DeferredTaxation 2024-11-30 11154841 frs-bus:Director1 2023-12-01 2024-11-30 11154841 frs-bus:Director2 2023-12-01 2024-11-30 11154841 frs-bus:Director3 2023-12-01 2024-11-30 11154841 frs-bus:Director4 2023-12-01 2024-11-30 11154841 frs-bus:Director5 2023-12-01 2024-11-30 11154841 frs-countries:EnglandWales 2023-12-01 2024-11-30 11154841 2022-11-30 11154841 2023-11-30 11154841 2022-12-01 2023-11-30 11154841 frs-core:CurrentFinancialInstruments 2023-11-30 11154841 frs-core:Non-currentFinancialInstruments 2023-11-30 11154841 frs-core:ShareCapital 2023-11-30 11154841 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11154841 frs-bus:OrdinaryShareClass2 2022-12-01 2023-11-30 11154841 frs-bus:OrdinaryShareClass3 2022-12-01 2023-11-30 11154841 frs-bus:OrdinaryShareClass4 2022-12-01 2023-11-30
Registered number: 11154841
Fluid Safety 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—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Fluid Safety 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 Safety 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 Safety 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 Safety Limited and state those matters that we have agreed to state to the directors of Fluid Safety 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 Safety Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Fluid Safety 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 Safety Limited . You consider that Fluid Safety 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 Safety 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: 11154841
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,837 5,397
17,837 5,397
CURRENT ASSETS
Stocks 5 299,533 244,999
Debtors 6 551,739 513,403
Cash at bank and in hand 41,698 45,662
892,970 804,064
Creditors: Amounts Falling Due Within One Year 7 (606,258 ) (506,125 )
NET CURRENT ASSETS (LIABILITIES) 286,712 297,939
TOTAL ASSETS LESS CURRENT LIABILITIES 304,549 303,336
Creditors: Amounts Falling Due After More Than One Year 8 (28,385 ) (33,757 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,459 ) (1,349 )
NET ASSETS 271,705 268,230
CAPITAL AND RESERVES
Called up share capital 12 100 100
Profit and Loss Account 271,605 268,130
SHAREHOLDERS' FUNDS 271,705 268,230
Page 2
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 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Fluid Safety Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11154841 . 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. 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
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% on cost
2.4. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
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
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
Page 4
Page 5
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2023 12,500 2,300 1,727 16,527
Additions 570 15,906 - 16,476
As at 30 November 2024 13,070 18,206 1,727 33,003
Depreciation
As at 1 December 2023 8,776 627 1,727 11,130
Provided during the period 967 3,069 - 4,036
As at 30 November 2024 9,743 3,696 1,727 15,166
Net Book Value
As at 30 November 2024 3,327 14,510 - 17,837
As at 1 December 2023 3,724 1,673 - 5,397
5. Stocks
2024 2023
£ £
Stock 299,533 244,999
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 484,499 435,133
Amounts owed by group undertakings 35,894 75,109
Other debtors 8,924 1,161
529,317 511,403
Due after more than one year
Amounts owed by group undertakings 3,312 2,000
Other debtors 19,110 -
22,422 2,000
551,739 513,403
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 198,121 166,096
Bank loans and overdrafts 6,216 6,216
Other creditors 358,702 275,545
Taxation and social security 43,219 58,268
606,258 506,125
The bank overdraft & loans held within other creditors are secured.
Page 5
Page 6
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 28,385 33,757
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 355,441 273,444
11. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 December 2023 1,349 1,349
Additions 3,110 3,110
Balance at 30 November 2024 4,459 4,459
12. Share Capital
2024 2023
Allotted, called up and fully paid £ £
37 Ordinary A shares of £ 1 each 37 37
37 Ordinary B shares of £ 1 each 37 37
26 Ordinary C shares of £ 1 each 26 26
100 100
Page 6