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 9850813 Mr Andrew Mitchell Mr Joshua Mitchell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9850813 2023-11-30 9850813 2024-11-30 9850813 2023-12-01 2024-11-30 9850813 frs-core:CurrentFinancialInstruments 2024-11-30 9850813 frs-core:Non-currentFinancialInstruments 2024-11-30 9850813 frs-core:BetweenOneFiveYears 2024-11-30 9850813 frs-core:ComputerEquipment 2024-11-30 9850813 frs-core:ComputerEquipment 2023-12-01 2024-11-30 9850813 frs-core:ComputerEquipment 2023-11-30 9850813 frs-core:FurnitureFittings 2024-11-30 9850813 frs-core:FurnitureFittings 2023-12-01 2024-11-30 9850813 frs-core:FurnitureFittings 2023-11-30 9850813 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-30 9850813 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 9850813 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-30 9850813 frs-core:MotorVehicles 2024-11-30 9850813 frs-core:MotorVehicles 2023-12-01 2024-11-30 9850813 frs-core:MotorVehicles 2023-11-30 9850813 frs-core:PlantMachinery 2024-11-30 9850813 frs-core:PlantMachinery 2023-12-01 2024-11-30 9850813 frs-core:PlantMachinery 2023-11-30 9850813 frs-core:WithinOneYear 2024-11-30 9850813 frs-core:ShareCapital 2024-11-30 9850813 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 9850813 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 9850813 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 9850813 frs-bus:SmallEntities 2023-12-01 2024-11-30 9850813 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 9850813 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 9850813 frs-bus:OrdinaryShareClass1 2023-12-01 2024-11-30 9850813 frs-bus:OrdinaryShareClass1 2024-11-30 9850813 frs-bus:OrdinaryShareClass3 2023-12-01 2024-11-30 9850813 frs-bus:OrdinaryShareClass3 2024-11-30 9850813 frs-core:DeferredTaxation 2023-12-01 2024-11-30 9850813 frs-core:DeferredTaxation 2023-11-30 9850813 frs-core:DeferredTaxation 2024-11-30 9850813 frs-bus:Director1 2023-12-01 2024-11-30 9850813 frs-bus:Director1 2023-11-30 9850813 frs-bus:Director1 2024-11-30 9850813 frs-bus:Director2 2023-12-01 2024-11-30 9850813 frs-bus:Director2 2023-11-30 9850813 frs-bus:Director2 2024-11-30 9850813 1 2023-12-01 2024-11-30 9850813 2 2023-12-01 2024-11-30 9850813 frs-countries:EnglandWales 2023-12-01 2024-11-30 9850813 2022-11-30 9850813 2023-11-30 9850813 2022-12-01 2023-11-30 9850813 frs-core:CurrentFinancialInstruments 2023-11-30 9850813 frs-core:Non-currentFinancialInstruments 2023-11-30 9850813 frs-core:BetweenOneFiveYears 2023-11-30 9850813 frs-core:MotorVehicles 2022-12-01 2023-11-30 9850813 frs-core:WithinOneYear 2023-11-30 9850813 frs-core:ShareCapital 2023-11-30 9850813 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 9850813 frs-bus:OrdinaryShareClass1 2022-12-01 2023-11-30 9850813 frs-bus:OrdinaryShareClass3 2022-12-01 2023-11-30 9850813 1 2022-12-01 2023-11-30 9850813 2 2022-12-01 2023-11-30
Registered number: 9850813
Pro Tech Electrical (Essex) Limited
Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 9850813
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 256,660 160,888
256,660 160,888
CURRENT ASSETS
Stocks 5 8,000 8,000
Debtors 6 1,113,680 969,151
Cash at bank and in hand 488,375 331,669
1,610,055 1,308,820
Creditors: Amounts Falling Due Within One Year 7 (1,089,760 ) (927,277 )
NET CURRENT ASSETS (LIABILITIES) 520,295 381,543
TOTAL ASSETS LESS CURRENT LIABILITIES 776,955 542,431
Creditors: Amounts Falling Due After More Than One Year 8 (139,272 ) (79,262 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (63,119 ) (39,037 )
NET ASSETS 574,564 424,132
CAPITAL AND RESERVES
Called up share capital 12 100 100
Profit and Loss Account 574,464 424,032
SHAREHOLDERS' FUNDS 574,564 424,132
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
Mr Andrew Mitchell
Director
10 June 2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Pro Tech Electrical (Essex) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 9850813 . The registered office is Unit 3c, The Gattinetts, Hadleigh Road, East Bergholt, CO7 6QT.
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 rendering of electrical services to the commercial and domestic market.
Rendering of electrical services
Turnover from the rendering of electrcial services is recognised by reference to the stage of completion of the contract. The percentage of completion method is used to determine the appropriate amount to recognise in a given period. The stage of completion is measured by the proportion of contract costs incurred for worked performed to date compared to the estimated total contract costs. 
Where the outcome of a construction contract can be estimated reliably, revenue costs are recognised by reference to the stage of completion of the contract activity at the reporting end date. 
Where it is probable that total contract costs will exceed contract turnover, the expected loss is recognised as an expense immediately.
Where the outcome of a construction contract cannot be estimated reliably, contract costs are recognised as expenses in the period in which they are incurred and contract revenue is recognised to the extent of contract costs incurred where it is probable that they will be recoverable.
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 Over 10 Years
Plant & Machinery 15% Straight line
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Straight Line
Computer Equipment 15% Straight Line
2.4. 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.
2.5. 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.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. 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:
2024 2023
Office and administration 2 2
Directors 2 2
Site Staff 8 8
12 12
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 December 2023 4,770 6,679 281,914 3,454
Additions - 638 218,498 200
Disposals - - (115,600 ) -
As at 30 November 2024 4,770 7,317 384,812 3,654
Depreciation
As at 1 December 2023 112 5,134 130,017 2,327
Provided during the period 477 343 60,706 283
Disposals - - (51,253 ) -
As at 30 November 2024 589 5,477 139,470 2,610
...CONTINUED
Page 4
Page 5
Net Book Value
As at 30 November 2024 4,181 1,840 245,342 1,044
As at 1 December 2023 4,658 1,545 151,897 1,127
Computer Equipment Total
£ £
Cost
As at 1 December 2023 3,840 300,657
Additions 4,168 223,504
Disposals - (115,600 )
As at 30 November 2024 8,008 408,561
Depreciation
As at 1 December 2023 2,179 139,769
Provided during the period 1,576 63,385
Disposals - (51,253 )
As at 30 November 2024 3,755 151,901
Net Book Value
As at 30 November 2024 4,253 256,660
As at 1 December 2023 1,661 160,888
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 191,998 106,978
5. Stocks
2024 2023
£ £
Stock 8,000 8,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,044,634 885,212
Prepayments and accrued income 1,038 2,301
Other debtors 63,107 67,124
Directors' loan accounts 4,901 14,514
1,113,680 969,151
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 35,487 22,999
Trade creditors 893,209 752,165
Bank loans and overdrafts 10,400 10,400
Corporation tax 50,429 74,046
Other taxes and social security 24,284 21,145
Other creditors 72,593 42,737
Accruals and deferred income 3,358 3,785
1,089,760 927,277
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 134,092 63,939
Bank loans 5,180 15,323
139,272 79,262
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 169,579 86,938
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 35,487 22,999
Later than one year and not later than five years 134,092 63,939
169,579 86,938
169,579 86,938
11. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 December 2023 39,037 39,037
Additions 24,082 24,082
Balance at 30 November 2024 63,119 63,119
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12. Share Capital
2024 2023
Allotted, called up and fully paid £ £
90 Ordinary Shares of £ 1.00 each 90 90
10 Ordinary B shares of £ 1.00 each 10 10
100 100
13. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 17,096 27,154
Later than one year and not later than five years - 17,096
17,096 44,250
14. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2023 Amounts advanced Amounts repaid Amounts written off As at 30 November 2024
£ £ £ £ £
Mr Andrew Mitchell 8,340 - 6,469 - 1,871
Mr Joshua Mitchell 6,174 - 3,144 - 3,030
The above loan is unsecured, interest free and repayable on demand.
The directors have given a personal gurantee in respect of a trade creditor balance to the value of £500,000
Page 7