Acorah Software Products - Accounts Production 16.5.460 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 11075005 Mr Harald Bret Mr David Power false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11075005 2023-11-30 11075005 2024-11-30 11075005 2023-12-01 2024-11-30 11075005 frs-core:CurrentFinancialInstruments 2024-11-30 11075005 frs-core:Non-currentFinancialInstruments 2024-11-30 11075005 frs-core:ComputerEquipment 2024-11-30 11075005 frs-core:ComputerEquipment 2023-12-01 2024-11-30 11075005 frs-core:ComputerEquipment 2023-11-30 11075005 frs-core:FurnitureFittings 2024-11-30 11075005 frs-core:FurnitureFittings 2023-12-01 2024-11-30 11075005 frs-core:FurnitureFittings 2023-11-30 11075005 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-30 11075005 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 11075005 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-30 11075005 frs-core:PlantMachinery 2024-11-30 11075005 frs-core:PlantMachinery 2023-12-01 2024-11-30 11075005 frs-core:PlantMachinery 2023-11-30 11075005 frs-core:ShareCapital 2024-11-30 11075005 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 11075005 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11075005 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 11075005 frs-bus:SmallEntities 2023-12-01 2024-11-30 11075005 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11075005 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11075005 1 2023-12-01 2024-11-30 11075005 frs-bus:Director1 2023-12-01 2024-11-30 11075005 frs-bus:Director2 2023-12-01 2024-11-30 11075005 frs-countries:EnglandWales 2023-12-01 2024-11-30 11075005 2022-11-30 11075005 2023-11-30 11075005 2022-12-01 2023-11-30 11075005 frs-core:CurrentFinancialInstruments 2023-11-30 11075005 frs-core:Non-currentFinancialInstruments 2023-11-30 11075005 frs-core:ShareCapital 2023-11-30 11075005 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 11075005
Shail Eric Limited
Financial Statements
For The Year Ended 30 November 2024
Tate Accounting Services
66 Summerdown Walk
Trowbridge
Wilts
BA14 0LE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11075005
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 24,180 19,332
24,180 19,332
CURRENT ASSETS
Stocks 5 9,985 9,156
Debtors 6 8,618 9,499
Cash at bank and in hand 51,741 54,624
70,344 73,279
Creditors: Amounts Falling Due Within One Year 7 (84,968 ) (92,877 )
NET CURRENT ASSETS (LIABILITIES) (14,624 ) (19,598 )
TOTAL ASSETS LESS CURRENT LIABILITIES 9,556 (266 )
Creditors: Amounts Falling Due After More Than One Year 8 (5,886 ) (15,997 )
NET ASSETS/(LIABILITIES) 3,670 (16,263 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 3,668 (16,265 )
SHAREHOLDERS' FUNDS 3,670 (16,263)
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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 Harald Bret
Director
26 August 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Shail Eric Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11075005 . The registered office is 2 Saville Row, Bath, BA1 2QP.
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. 
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 the term of the 20 year lease
Plant & Machinery 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.5. 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.
2.6. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
Sales, marketing and distribution 13 12
15 14
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2023 5,513 23,266 10,929 1,168 40,876
Additions - 4,991 8,747 257 13,995
Disposals - (3,479 ) (2,464 ) (860 ) (6,803 )
As at 30 November 2024 5,513 24,778 17,212 565 48,068
Depreciation
As at 1 December 2023 1,378 12,182 7,536 448 21,544
Provided during the period 276 3,331 2,888 125 6,620
Disposals - (2,014 ) (1,879 ) (383 ) (4,276 )
As at 30 November 2024 1,654 13,499 8,545 190 23,888
Net Book Value
As at 30 November 2024 3,859 11,279 8,667 375 24,180
As at 1 December 2023 4,135 11,084 3,393 720 19,332
5. Stocks
2024 2023
£ £
Stocks 9,985 9,156
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,570 3,790
Prepayments and accrued income 2,515 2,376
Other debtors 1,200 -
5,285 6,166
Due after more than one year
Deposits 3,333 3,333
8,618 9,499
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 11,618 16,038
Bank loans and overdrafts 10,648 10,648
Corporation tax 229 -
PAYE & NI 5,580 -
VAT 18,172 18,155
Net Payroll 6,427 2,992
Accruals 11,262 10,027
Directors' loan accounts 21,032 35,017
84,968 92,877
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,886 15,997
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Controlling Party
Control of the company is held equally by Mr Harald Bret and Mr David Power by virtue of their ownership of 50% each of the issued share capital.
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