Acorah Software Products - Accounts Production 16.4.675 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 12999658 Mr William Drewett Miss Zellah Theobald iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12999658 2023-11-30 12999658 2024-11-30 12999658 2023-12-01 2024-11-30 12999658 frs-core:CurrentFinancialInstruments 2024-11-30 12999658 frs-core:Non-currentFinancialInstruments 2024-11-30 12999658 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 12999658 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 12999658 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 12999658 frs-core:PlantMachinery 2024-11-30 12999658 frs-core:PlantMachinery 2023-12-01 2024-11-30 12999658 frs-core:PlantMachinery 2023-11-30 12999658 frs-core:ShareCapital 2024-11-30 12999658 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 12999658 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 12999658 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 12999658 frs-bus:SmallEntities 2023-12-01 2024-11-30 12999658 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 12999658 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 12999658 frs-bus:Director1 2023-12-01 2024-11-30 12999658 frs-bus:Director2 2023-12-01 2024-11-30 12999658 frs-countries:EnglandWales 2023-12-01 2024-11-30 12999658 2022-11-30 12999658 2023-11-30 12999658 2022-12-01 2023-11-30 12999658 frs-core:CurrentFinancialInstruments 2023-11-30 12999658 frs-core:Non-currentFinancialInstruments 2023-11-30 12999658 frs-core:ShareCapital 2023-11-30 12999658 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 12999658
Drewett Developments Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12999658
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 420,645 423,622
420,645 423,622
CURRENT ASSETS
Stocks 5 462,174 -
Debtors 6 8,467 -
Cash at bank and in hand 1,525 308
472,166 308
Creditors: Amounts Falling Due Within One Year 7 (525,784 ) (439,204 )
NET CURRENT ASSETS (LIABILITIES) (53,618 ) (438,896 )
TOTAL ASSETS LESS CURRENT LIABILITIES 367,027 (15,274 )
Creditors: Amounts Falling Due After More Than One Year 8 (417,343 ) -
NET LIABILITIES (50,316 ) (15,274 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (50,416 ) (15,374 )
SHAREHOLDERS' FUNDS (50,316) (15,274)
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 William Drewett
Director
19 August 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Drewett Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12999658 . The registered office is Crewcroft Barn, Hinton Hill, Hinton Charterhouse, Bath, BA2 7PZ.
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. 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 10%
2.3. 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: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 December 2023 399,804 29,772 429,576
As at 30 November 2024 399,804 29,772 429,576
Depreciation
As at 1 December 2023 - 5,954 5,954
Provided during the period - 2,977 2,977
As at 30 November 2024 - 8,931 8,931
Net Book Value
As at 30 November 2024 399,804 20,841 420,645
As at 1 December 2023 399,804 23,818 423,622
Page 3
Page 4
5. Stocks
2024 2023
£ £
Stock and work in progress 462,174 -
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 8,467 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 42,102 994
Other creditors 483,682 438,210
525,784 439,204
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 417,343 -
9. Secured Creditors
Of the secured creditors falling due within and after more than one year the following amounts are secured.
Bank loans and overdrafts are secured by a mortgage charge over the freehold land known as Wick Bridge Farm, Wick Hill, Bremhill, Calne, SN11 9LQ, and a fixed and floating debenture charge over all assets present and future.
2024 2023
£ £
Bank loans and overdrafts 417,343 -
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4