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 13756106 Mr Neil Sharp Mrs Vicki Sharp iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13756106 2023-11-30 13756106 2024-11-30 13756106 2023-12-01 2024-11-30 13756106 frs-core:CurrentFinancialInstruments 2024-11-30 13756106 frs-core:BetweenOneFiveYears 2024-11-30 13756106 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 13756106 frs-core:OtherResidualIntangibleAssets 2024-11-30 13756106 frs-core:OtherResidualIntangibleAssets 2023-12-01 2024-11-30 13756106 frs-core:OtherResidualIntangibleAssets 2023-11-30 13756106 frs-core:PlantMachinery 2024-11-30 13756106 frs-core:PlantMachinery 2023-12-01 2024-11-30 13756106 frs-core:PlantMachinery 2023-11-30 13756106 frs-core:WithinOneYear 2024-11-30 13756106 frs-core:ShareCapital 2024-11-30 13756106 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 13756106 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13756106 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 13756106 frs-bus:SmallEntities 2023-12-01 2024-11-30 13756106 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13756106 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 13756106 frs-bus:Director1 2023-12-01 2024-11-30 13756106 frs-bus:Director2 2023-12-01 2024-11-30 13756106 frs-bus:Director2 2023-11-30 13756106 frs-bus:Director2 2024-11-30 13756106 frs-countries:EnglandWales 2023-12-01 2024-11-30 13756106 2022-11-30 13756106 2023-11-30 13756106 2022-12-01 2023-11-30 13756106 frs-core:CurrentFinancialInstruments 2023-11-30 13756106 frs-core:BetweenOneFiveYears 2023-11-30 13756106 frs-core:WithinOneYear 2023-11-30 13756106 frs-core:ShareCapital 2023-11-30 13756106 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 13756106
NV Sharp Alliance Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13756106
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,505 13,020
Tangible Assets 5 - 11,164
5,505 24,184
CURRENT ASSETS
Debtors 6 306 639
Cash at bank and in hand 708 342
1,014 981
Creditors: Amounts Falling Due Within One Year 7 (13,917 ) (23,484 )
NET CURRENT ASSETS (LIABILITIES) (12,903 ) (22,503 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,398 ) 1,681
NET (LIABILITIES)/ASSETS (7,398 ) 1,681
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (7,400 ) 1,679
SHAREHOLDERS' FUNDS (7,398) 1,681
Page 1
Page 2
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
Mrs Vicki Sharp
Director
16 July 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
NV Sharp Alliance Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13756106 . The registered office is 21 Harlequin Drive, Worksop, S81 7SP.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 - Other Intangible
Other intangible assets is the inital franchise fee. It is amortised to profit and loss account over its estimated economic life of 10 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:
Plant and equipment 25% on written down value
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
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4. Intangible Assets
Innovative franchise
£
Cost
As at 1 December 2023 13,020
As at 30 November 2024 13,020
Amortisation
As at 1 December 2023 -
Provided during the period 7,515
As at 30 November 2024 7,515
Net Book Value
As at 30 November 2024 5,505
As at 1 December 2023 13,020
5. Tangible Assets
Plant and equipment
£
Cost
As at 1 December 2023 17,444
Disposals (17,444 )
As at 30 November 2024 -
Depreciation
As at 1 December 2023 6,280
Provided during the period (6,280 )
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 -
As at 1 December 2023 11,164
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 178 -
Other debtors 128 639
306 639
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,758 8,448
Other creditors 6,159 15,036
13,917 23,484
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 3,581 -
Later than one year and not later than five years 4,178 -
7,759 -
10. Directors Advances, Credits and Guarantees
Included within creditors is the following loan from directors:
As at 1 December 2023 Amounts advanced Amounts repaid Amounts written off As at 30 November 2024
£ £ £ £ £
Mr Neil Sharp 6,035 9,146 (11,329 ) - 3,852
The above loan is unsecured, interest free and repayable on demand.
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