Acorah Software Products - Accounts Production 16.4.675 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 11667697 Mr James Holmes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11667697 2023-11-30 11667697 2024-11-30 11667697 2023-12-01 2024-11-30 11667697 frs-core:CurrentFinancialInstruments 2024-11-30 11667697 frs-core:Non-currentFinancialInstruments 2024-11-30 11667697 frs-core:ComputerEquipment 2024-11-30 11667697 frs-core:ComputerEquipment 2023-12-01 2024-11-30 11667697 frs-core:ComputerEquipment 2023-11-30 11667697 frs-core:PlantMachinery 2024-11-30 11667697 frs-core:PlantMachinery 2023-12-01 2024-11-30 11667697 frs-core:PlantMachinery 2023-11-30 11667697 frs-core:WithinOneYear 2024-11-30 11667697 frs-core:ShareCapital 2024-11-30 11667697 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 11667697 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11667697 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 11667697 frs-bus:SmallEntities 2023-12-01 2024-11-30 11667697 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11667697 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11667697 frs-bus:Director1 2023-12-01 2024-11-30 11667697 frs-bus:Director1 2023-11-30 11667697 frs-bus:Director1 2024-11-30 11667697 frs-core:CurrentFinancialInstruments 2 2024-11-30 11667697 frs-countries:EnglandWales 2023-12-01 2024-11-30 11667697 2022-11-30 11667697 2023-11-30 11667697 2022-12-01 2023-11-30 11667697 frs-core:CurrentFinancialInstruments 2023-11-30 11667697 frs-core:Non-currentFinancialInstruments 2023-11-30 11667697 frs-core:WithinOneYear 2023-11-30 11667697 frs-core:ShareCapital 2023-11-30 11667697 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11667697 frs-core:CurrentFinancialInstruments 2 2023-11-30
Registered number: 11667697
Bear Scaffolding Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Mostons
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11667697
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 209,104 121,409
209,104 121,409
CURRENT ASSETS
Stocks 5 11,820 6,180
Debtors 6 114,817 136,373
Cash at bank and in hand 1 1
126,638 142,554
Creditors: Amounts Falling Due Within One Year 7 (159,909 ) (110,156 )
NET CURRENT ASSETS (LIABILITIES) (33,271 ) 32,398
TOTAL ASSETS LESS CURRENT LIABILITIES 175,833 153,807
Creditors: Amounts Falling Due After More Than One Year 8 (39,992 ) (47,190 )
NET ASSETS 135,841 106,617
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 135,741 106,517
SHAREHOLDERS' FUNDS 135,841 106,617
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 James Holmes
Director
05/08/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Bear Scaffolding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11667697 . The registered office is 29 The Green Winchmore Hill, London, N21 1HS.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
Having regard to the continued financial support of the director, the going concern basis continues to be adopted in
preparing the accounts.
2.3. 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.
2.4. 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:
Plant & Machinery 15% Straight line
Computer Equipment 33% straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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: 3 (2023: 2)
3 2
Page 3
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 December 2023 240,273 957 241,230
Additions 134,719 - 134,719
As at 30 November 2024 374,992 957 375,949
Depreciation
As at 1 December 2023 118,971 850 119,821
Provided during the period 46,939 85 47,024
As at 30 November 2024 165,910 935 166,845
Net Book Value
As at 30 November 2024 209,082 22 209,104
As at 1 December 2023 121,302 107 121,409
5. Stocks
2024 2023
£ £
Stock 11,820 6,180
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 86,862 58,738
Other debtors 7,867 878
Other debtors (2) 4,000 4,000
Other taxes and social security 16,088 7,073
Director's loan account - 65,684
114,817 136,373
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,122 22,711
Trade creditors 93,905 45,827
Bank loans and overdrafts 10,970 5,728
VAT 19,115 30,702
Net wages 1,343 1,234
Other creditors 3,699 3,699
Pension creditor 257 255
Director's loan account 27,498 -
159,909 110,156
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 39,992 47,190
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,122 22,711
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2023 Amounts advanced Amounts repaid Amounts written off As at 30 November 2024
£ £ £ £ £
Mr James Holmes 65,684 - 65,684 - -
The above loan is unsecured, interest free and repayable on demand.
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