Acorah Software Products - Accounts Production 16.4.660 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 04048681 Mr Mohammad Nilforoushan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04048681 2023-11-30 04048681 2024-11-30 04048681 2023-12-01 2024-11-30 04048681 frs-core:CurrentFinancialInstruments 2024-11-30 04048681 frs-core:RevaluationReserve 2023-11-30 04048681 frs-core:RevaluationReserve 2024-11-30 04048681 frs-core:ShareCapital 2024-11-30 04048681 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 04048681 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 04048681 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 04048681 frs-bus:SmallEntities 2023-12-01 2024-11-30 04048681 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 04048681 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 04048681 frs-bus:Director1 2023-12-01 2024-11-30 04048681 frs-countries:EnglandWales 2023-12-01 2024-11-30 04048681 2022-11-30 04048681 2023-11-30 04048681 2022-12-01 2023-11-30 04048681 frs-core:CurrentFinancialInstruments 2023-11-30 04048681 frs-core:RevaluationReserve 2023-11-30 04048681 frs-core:ShareCapital 2023-11-30 04048681 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 04048681
St Ives UK Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04048681
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 255,000 255,000
255,000 255,000
CURRENT ASSETS
Cash at bank and in hand 2,140 700
2,140 700
Creditors: Amounts Falling Due Within One Year 6 (516,189 ) (520,487 )
NET CURRENT ASSETS (LIABILITIES) (514,049 ) (519,787 )
TOTAL ASSETS LESS CURRENT LIABILITIES (259,049 ) (264,787 )
NET LIABILITIES (259,049 ) (264,787 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Revaluation reserve 8 60,000 60,000
Profit and Loss Account (319,051 ) (324,789 )
SHAREHOLDERS' FUNDS (259,049) (264,787)
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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
Mr Mohammad Nilforoushan
Director
26/06/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
St Ives UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04048681 . The registered office is 2 Creston Court, 50 Fletcher Road, London, W4 5AS.
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. 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.
2.4. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Investment Property
2024
£
Fair Value
As at 1 December 2023 and 30 November 2024 255,000
5. Debtors
2024 2023
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 948
Other creditors 1,100 1,100
Government grants within one year - -
Director's loan account 515,089 518,439
516,189 520,487
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
8. Reserves
Revaluation Reserve
£
As at 1 December 2023 60,000
As at 30 November 2024 60,000
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