Acorah Software Products - Accounts Production 16.5.460 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 12341295 Mr Brian McIntyre Mr Kevin Harfield Mr Paul Costigan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12341295 2023-11-30 12341295 2024-11-30 12341295 2023-12-01 2024-11-30 12341295 frs-core:CurrentFinancialInstruments 2024-11-30 12341295 frs-core:ComputerEquipment 2024-11-30 12341295 frs-core:ComputerEquipment 2023-12-01 2024-11-30 12341295 frs-core:ComputerEquipment 2023-11-30 12341295 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 12341295 frs-core:OtherResidualIntangibleAssets 2024-11-30 12341295 frs-core:OtherResidualIntangibleAssets 2023-12-01 2024-11-30 12341295 frs-core:OtherResidualIntangibleAssets 2023-11-30 12341295 frs-core:ShareCapital 2024-11-30 12341295 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 12341295 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 12341295 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 12341295 frs-bus:SmallEntities 2023-12-01 2024-11-30 12341295 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 12341295 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 12341295 frs-bus:Director1 2023-12-01 2024-11-30 12341295 frs-bus:Director2 2023-12-01 2024-11-30 12341295 frs-bus:Director3 2023-12-01 2024-11-30 12341295 frs-countries:EnglandWales 2023-12-01 2024-11-30 12341295 2022-11-30 12341295 2023-11-30 12341295 2022-12-01 2023-11-30 12341295 frs-core:CurrentFinancialInstruments 2023-11-30 12341295 frs-core:ShareCapital 2023-11-30 12341295 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 12341295
Hi-Tail Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 12341295
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 6,889 2,378
Tangible Assets 5 104 130
6,993 2,508
CURRENT ASSETS
Debtors 6 7 383
Cash at bank and in hand 1,184 2,926
1,191 3,309
Creditors: Amounts Falling Due Within One Year 7 (15,526 ) (11,316 )
NET CURRENT ASSETS (LIABILITIES) (14,335 ) (8,007 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,342 ) (5,499 )
NET LIABILITIES (7,342 ) (5,499 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (7,344 ) (5,501 )
SHAREHOLDERS' FUNDS (7,342) (5,499)
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 Brian McIntyre
Director
Mr Paul Costigan
Director
13 August 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Hi-Tail Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12341295 . The registered office is 79 Pine Road, Chandlers Ford, Eastleigh, Hampshire, SO53 1JU.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
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. Going Concern Disclosure
The company has net liabilities of £7,342. The company is reliant on the continued support of the directors and they consider that this assertion can be relied upon for a period of not less than 12 months from the date of which the financial statements are approved. On this basis it is considered appropriate to prepare the financial statements on a going concern basis.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Patents and licences are being amortised evenly over their estimated useful life of twenty years.
2.4. 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:
Computer Equipment 20% Reducing balance
2.5. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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Page 2
Page 3
4. Intangible Assets
Other
£
Cost
As at 1 December 2023 2,503
Additions 4,798
As at 30 November 2024 7,301
Amortisation
As at 1 December 2023 125
Provided during the period 287
As at 30 November 2024 412
Net Book Value
As at 30 November 2024 6,889
As at 1 December 2023 2,378
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2023 162
As at 30 November 2024 162
Depreciation
As at 1 December 2023 32
Provided during the period 26
As at 30 November 2024 58
Net Book Value
As at 30 November 2024 104
As at 1 December 2023 130
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 7 383
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 241
Other creditors 15,525 10,897
Taxation and social security - 178
15,526 11,316
Page 3
Page 4
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4