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 13761099 Mr Craig Gray Mr Adam Brockley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13761099 2023-11-30 13761099 2024-11-30 13761099 2023-12-01 2024-11-30 13761099 frs-core:CurrentFinancialInstruments 2024-11-30 13761099 frs-core:Non-currentFinancialInstruments 2024-11-30 13761099 frs-core:ShareCapital 2024-11-30 13761099 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 13761099 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13761099 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 13761099 frs-bus:SmallEntities 2023-12-01 2024-11-30 13761099 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13761099 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 13761099 frs-bus:Director1 2023-12-01 2024-11-30 13761099 frs-bus:Director2 2023-12-01 2024-11-30 13761099 frs-countries:EnglandWales 2023-12-01 2024-11-30 13761099 2022-11-30 13761099 2023-11-30 13761099 2022-12-01 2023-11-30 13761099 frs-core:CurrentFinancialInstruments 2023-11-30 13761099 frs-core:Non-currentFinancialInstruments 2023-11-30 13761099 frs-core:ShareCapital 2023-11-30 13761099 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 13761099
Klara Squire Limited
Financial Statements
For The Year Ended 30 November 2024
Resolve Corporate Ltd
11 Garden Court
Tewin Road
Welwyn Garden City
Hertfordshire
AL7 1BH
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13761099
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 108,940 616,217
Debtors 5 49,513 339,087
Cash at bank and in hand 64,457 1,139
222,910 956,443
Creditors: Amounts Falling Due Within One Year 6 (53,515 ) (967,954 )
NET CURRENT ASSETS (LIABILITIES) 169,395 (11,511 )
TOTAL ASSETS LESS CURRENT LIABILITIES 169,395 (11,511 )
Creditors: Amounts Falling Due After More Than One Year 7 (200,000 ) -
NET LIABILITIES (30,605 ) (11,511 )
CAPITAL AND RESERVES
Called up share capital 8 99 99
Profit and Loss Account (30,704 ) (11,610 )
SHAREHOLDERS' FUNDS (30,605) (11,511)
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 Craig Gray
Director
15th August 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
Klara Squire Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13761099 . The registered office is Second Floor Lhs, 10 Bull Plain, Hertford, Hertfordshire, SG14 1DT.
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. 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. Stocks
2024 2023
£ £
Stock - cost of purchase - 422,055
Stock - cost of conversion 84,846 118,799
Stock - other costs 24,094 75,363
108,940 616,217
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,414 5,835
Other debtors 99 275,219
VAT - 58,033
Amounts owed by other participating interests 45,000 -
49,513 339,087
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 11,308 278,583
VAT 627 -
Deposits held 20,250 20,250
Accruals and deferred income - 345,023
Amounts owed to subsidiaries 21,330 -
Amounts owed to related parties - 324,098
53,515 967,954
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 200,000 -
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 99 99
Page 3