Acorah Software Products - Accounts Production 16.4.675 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 11079113 Mr Stephen Valander-Blower Mr Steven Shepherd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11079113 2023-11-30 11079113 2024-11-30 11079113 2023-12-01 2024-11-30 11079113 frs-core:CurrentFinancialInstruments 2024-11-30 11079113 frs-core:Non-currentFinancialInstruments 2024-11-30 11079113 frs-core:ComputerEquipment 2024-11-30 11079113 frs-core:ComputerEquipment 2023-12-01 2024-11-30 11079113 frs-core:ComputerEquipment 2023-11-30 11079113 frs-core:FurnitureFittings 2024-11-30 11079113 frs-core:FurnitureFittings 2023-12-01 2024-11-30 11079113 frs-core:FurnitureFittings 2023-11-30 11079113 frs-core:NetGoodwill 2024-11-30 11079113 frs-core:NetGoodwill 2023-12-01 2024-11-30 11079113 frs-core:NetGoodwill 2023-11-30 11079113 frs-core:ShareCapital 2024-11-30 11079113 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 11079113 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11079113 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 11079113 frs-bus:SmallEntities 2023-12-01 2024-11-30 11079113 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11079113 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11079113 frs-bus:Director1 2023-12-01 2024-11-30 11079113 frs-bus:Director2 2023-12-01 2024-11-30 11079113 frs-countries:EnglandWales 2023-12-01 2024-11-30 11079113 2022-11-30 11079113 2023-11-30 11079113 2022-12-01 2023-11-30 11079113 frs-core:CurrentFinancialInstruments 2023-11-30 11079113 frs-core:Non-currentFinancialInstruments 2023-11-30 11079113 frs-core:ShareCapital 2023-11-30 11079113 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 11079113
Homes Of Bath Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Spicer & Co UK Limited
Chartered Accountants
Staple House
5 Eleanors Cross
Dunstable
Bedfordshire
LU6 1SU
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 11079113
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,205 1,615
1,205 1,615
CURRENT ASSETS
Debtors 6 24,399 65,990
Cash at bank and in hand 91,495 37,014
115,894 103,004
Creditors: Amounts Falling Due Within One Year 7 (63,290 ) (76,333 )
NET CURRENT ASSETS (LIABILITIES) 52,604 26,671
TOTAL ASSETS LESS CURRENT LIABILITIES 53,809 28,286
Creditors: Amounts Falling Due After More Than One Year 8 (22,562 ) (27,698 )
NET ASSETS 31,247 588
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 31,147 488
SHAREHOLDERS' FUNDS 31,247 588
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 Stephen Valander-Blower
Director
02/07/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Homes Of Bath Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11079113 . The registered office is 36 Gay Street, Bath, BA1 2NT.
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. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existance for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 5 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:
Fixtures & Fittings over 4 years
Computer Equipment over 3 years
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 the profit and loss account as incurred.
2.7. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
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2.8. 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.
2.9. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.10. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 4)
5 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2023 5,000
As at 30 November 2024 5,000
Amortisation
As at 1 December 2023 5,000
As at 30 November 2024 5,000
Net Book Value
As at 30 November 2024 -
As at 1 December 2023 -
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 December 2023 29,090 27,520 56,610
Additions - 729 729
As at 30 November 2024 29,090 28,249 57,339
Depreciation
As at 1 December 2023 28,121 26,874 54,995
Provided during the period 779 360 1,139
As at 30 November 2024 28,900 27,234 56,134
Net Book Value
As at 30 November 2024 190 1,015 1,205
As at 1 December 2023 969 646 1,615
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Page 4
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 24,399 65,990
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,290 8,037
Bank loans and overdrafts 5,219 5,218
Other creditors 3,234 1,598
Taxation and social security 48,547 61,480
63,290 76,333
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 22,562 27,698
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Reserves
Profit and Loss Account
The Profit and Loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholder. This is a distributable reserve.
11. Related Party Transactions
As at balance sheet date, included in creditors are amounts due to directors of £972 (2023: £41,515 included in debtors).
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