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 13031290 Mrs Karen Bell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13031290 2023-11-30 13031290 2024-11-30 13031290 2023-12-01 2024-11-30 13031290 frs-core:CurrentFinancialInstruments 2024-11-30 13031290 frs-core:Non-currentFinancialInstruments 2024-11-30 13031290 frs-core:FurnitureFittings 2024-11-30 13031290 frs-core:FurnitureFittings 2023-12-01 2024-11-30 13031290 frs-core:FurnitureFittings 2023-11-30 13031290 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 13031290 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 13031290 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 13031290 frs-core:MotorVehicles 2024-11-30 13031290 frs-core:MotorVehicles 2023-12-01 2024-11-30 13031290 frs-core:MotorVehicles 2023-11-30 13031290 frs-core:PlantMachinery 2024-11-30 13031290 frs-core:PlantMachinery 2023-12-01 2024-11-30 13031290 frs-core:PlantMachinery 2023-11-30 13031290 frs-core:ShareCapital 2024-11-30 13031290 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 13031290 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13031290 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 13031290 frs-bus:SmallEntities 2023-12-01 2024-11-30 13031290 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13031290 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 13031290 frs-bus:Director1 2023-12-01 2024-11-30 13031290 frs-countries:EnglandWales 2023-12-01 2024-11-30 13031290 2022-11-30 13031290 2023-11-30 13031290 2022-12-01 2023-11-30 13031290 frs-core:CurrentFinancialInstruments 2023-11-30 13031290 frs-core:Non-currentFinancialInstruments 2023-11-30 13031290 frs-core:ShareCapital 2023-11-30 13031290 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 13031290
Pant Glas LTD
Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13031290
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 184,135 94,526
184,135 94,526
CURRENT ASSETS
Stocks 5 12,580 2,600
Debtors 6 16,351 16,800
Cash at bank and in hand 97,396 118,812
126,327 138,212
Creditors: Amounts Falling Due Within One Year 7 (164,938 ) (113,037 )
NET CURRENT ASSETS (LIABILITIES) (38,611 ) 25,175
TOTAL ASSETS LESS CURRENT LIABILITIES 145,524 119,701
NET ASSETS 145,524 119,701
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 145,522 119,699
SHAREHOLDERS' FUNDS 145,524 119,701
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 director acknowledges her 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 Karen Bell
Director
12th June 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Pant Glas LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13031290 . The registered office is Pant Glas, Llanfair Caereinion, Welshpool, SY21 0DP.
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. 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:
Freehold 0%
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 December 2023 - 14,854 29,275 79,207 123,336
Additions 39,980 100,310 - - 140,290
Disposals - (32,400 ) - - (32,400 )
As at 30 November 2024 39,980 82,764 29,275 79,207 231,226
...CONTINUED
Page 2
Page 3
Depreciation
As at 1 December 2023 - 4,121 12,808 11,881 28,810
Provided during the period - 13,462 4,819 - 18,281
As at 30 November 2024 - 17,583 17,627 11,881 47,091
Net Book Value
As at 30 November 2024 39,980 65,181 11,648 67,326 184,135
As at 1 December 2023 - 10,733 16,467 67,326 94,526
5. Stocks
2024 2023
£ £
Stock 12,580 2,600
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 351 800
Other debtors 25,000 25,000
25,351 25,800
Due after more than one year
Trade debtors (9,000 ) (9,000 )
16,351 16,800
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 93,425 68,001
Bank loans and overdrafts 980 -
Other creditors 55,401 25,988
Taxation and social security 15,132 19,048
164,938 113,037
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3