Acorah Software Products - Accounts Production 16.4.675 false true false 19 October 2023 31 December 2024 31 December 2024 15221310 Mrs Shaistah Asghar Mr OMAR QURESHI Mr Lee Shepherd Mr Simon Verona Mr Gary Woolridge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15221310 2023-10-18 15221310 2024-12-31 15221310 2023-10-19 2024-12-31 15221310 frs-core:CurrentFinancialInstruments 2024-12-31 15221310 frs-core:Non-currentFinancialInstruments 2024-12-31 15221310 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 15221310 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-19 2024-12-31 15221310 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-18 15221310 frs-core:ShareCapital 2024-12-31 15221310 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15221310 frs-bus:PrivateLimitedCompanyLtd 2023-10-19 2024-12-31 15221310 frs-bus:FilletedAccounts 2023-10-19 2024-12-31 15221310 frs-bus:SmallEntities 2023-10-19 2024-12-31 15221310 frs-bus:AuditExempt-NoAccountantsReport 2023-10-19 2024-12-31 15221310 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-19 2024-12-31 15221310 frs-bus:Director1 2023-10-19 2024-12-31 15221310 frs-bus:Director2 2023-10-19 2024-12-31 15221310 frs-bus:Director3 2023-10-19 2024-12-31 15221310 frs-bus:Director4 2023-10-19 2024-12-31 15221310 frs-bus:Director5 2023-10-19 2024-12-31 15221310 frs-countries:EnglandWales 2023-10-19 2024-12-31
Registered number: 15221310
12 O’Clock Management Ltd
Unaudited Financial Statements
For the Period 19 October 2023 to 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15221310
31 December 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 225,516
225,516
CURRENT ASSETS
Debtors 5 41,940
Cash at bank and in hand 26,125
68,065
Creditors: Amounts Falling Due Within One Year 6 (1,838 )
NET CURRENT ASSETS (LIABILITIES) 66,227
TOTAL ASSETS LESS CURRENT LIABILITIES 291,743
Creditors: Amounts Falling Due After More Than One Year 7 (250,001 )
NET ASSETS 41,742
CAPITAL AND RESERVES
Called up share capital 8 26,337
Profit and Loss Account 15,405
SHAREHOLDERS' FUNDS 41,742
For the period ending 31 December 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 OMAR QURESHI
Director
12/08/2025
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
12 O’Clock Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15221310 . The registered office is Unit 9 Twelve O’Clock Court, 21 Attercliffe Road, Sheffield, S4 7WW.
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 no depreciation
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 19 October 2023 -
Additions 225,516
As at 31 December 2024 225,516
Net Book Value
As at 31 December 2024 225,516
As at 19 October 2023 -
5. Debtors
31 December 2024
£
Due within one year
Trade debtors 15,603
Other debtors 26,337
41,940
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
31 December 2024
£
Trade creditors 751
Taxation and social security 1,087
1,838
7. Creditors: Amounts Falling Due After More Than One Year
31 December 2024
£
Other loans 250,001
8. Share Capital
31 December 2024
£
Called Up Share Capital not Paid 26,337
Amount of Allotted, Called Up Share Capital 26,337
Page 3