Acorah Software Products - Accounts Production 16.3.350 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 08759534 Mr Jason Michael Richard King Mr Stuart Charles Andrew King iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08759534 2023-11-30 08759534 2024-11-30 08759534 2023-12-01 2024-11-30 08759534 frs-core:CurrentFinancialInstruments 2024-11-30 08759534 frs-core:ComputerEquipment 2024-11-30 08759534 frs-core:ComputerEquipment 2023-12-01 2024-11-30 08759534 frs-core:ComputerEquipment 2023-11-30 08759534 frs-core:FurnitureFittings 2024-11-30 08759534 frs-core:FurnitureFittings 2023-12-01 2024-11-30 08759534 frs-core:FurnitureFittings 2023-11-30 08759534 frs-core:ShareCapital 2024-11-30 08759534 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 08759534 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08759534 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 08759534 frs-bus:SmallEntities 2023-12-01 2024-11-30 08759534 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 08759534 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 08759534 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-11-30 08759534 frs-core:ListedExchangeTraded 2024-11-30 08759534 frs-core:ListedExchangeTraded 2023-11-30 08759534 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-11-30 08759534 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-11-30 08759534 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-11-30 08759534 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-11-30 08759534 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-11-30 08759534 frs-bus:Director1 2023-12-01 2024-11-30 08759534 frs-bus:Director2 2023-12-01 2024-11-30 08759534 frs-countries:EnglandWales 2023-12-01 2024-11-30 08759534 2022-11-30 08759534 2023-11-30 08759534 2022-12-01 2023-11-30 08759534 frs-core:CurrentFinancialInstruments 2023-11-30 08759534 frs-core:ShareCapital 2023-11-30 08759534 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 08759534 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-11-30
Registered number: 08759534
Etch Rock Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—5
Page 1
Company Information
Directors Mr Jason Michael Richard King
Mr Stuart Charles Andrew King
Company Number 08759534
Registered Office 6b Parkway
Porters Wood
St Albans
Hertfordshire
AL3 6PA
Accountants Astons Accountants
Chartered Certified Accountants
6b Parkway, Porters Wood
St Albans
Hertfordshire
AL3 6PA
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Balance Sheet
Registered number: 08759534
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 27 36
Investments 5 60,581 33,705
60,608 33,741
CURRENT ASSETS
Debtors 6 1,464 1,664
Cash at bank and in hand 12,590 9,436
14,054 11,100
Creditors: Amounts Falling Due Within One Year 7 (617,989 ) (614,165 )
NET CURRENT ASSETS (LIABILITIES) (603,935 ) (603,065 )
TOTAL ASSETS LESS CURRENT LIABILITIES (543,327 ) (569,324 )
NET LIABILITIES (543,327 ) (569,324 )
CAPITAL AND RESERVES
Called up share capital 150 150
Fair value reserve 33,498 6,622
Profit and Loss Account (576,975 ) (576,096 )
SHAREHOLDERS' FUNDS (543,327) (569,324)
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 Stuart Charles Andrew King
Director
27/08/2025
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
Etch Rock Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08759534 . The registered office is 6b Parkway, Porters Wood, St Albans, Hertfordshire, AL3 6PA.
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 believe that the Company has adequate business and financial resources to continue to trade for more than 12 months after the financial statements are authorised, and meet its liabilities and obligations as they fall due. Therefore, the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.
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:
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 33% Straight Line
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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 December 2023 418 5,334 5,752
As at 30 November 2024 418 5,334 5,752
Depreciation
As at 1 December 2023 382 5,334 5,716
Provided during the period 9 - 9
As at 30 November 2024 391 5,334 5,725
Net Book Value
As at 30 November 2024 27 - 27
As at 1 December 2023 36 - 36
5. Investments
Listed
£
Cost
As at 1 December 2023 33,705
Revaluations 26,876
As at 30 November 2024 60,581
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 60,581
As at 1 December 2023 33,705
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,464 1,664
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1,081
Corporation tax - 2
Other taxes and social security - 1,113
VAT 2,111 1,568
Accruals and deferred income 960 900
Directors' loan accounts 614,918 609,501
617,989 614,165
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