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 03113519 Miss Jane Harrington Mr Adam Penny Mrs Helena Penny Mr Jonathan Christopher Ayres Ms Elizabeth Smith Mr Hamilton Blakeney Mr Peter Penny iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03113519 2023-11-30 03113519 2024-11-30 03113519 2023-12-01 2024-11-30 03113519 frs-core:CurrentFinancialInstruments 2024-11-30 03113519 frs-core:Non-currentFinancialInstruments 2024-11-30 03113519 frs-core:ComputerEquipment 2023-12-01 2024-11-30 03113519 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-11-30 03113519 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-12-01 2024-11-30 03113519 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-11-30 03113519 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 03113519 frs-core:FurnitureFittings 2024-11-30 03113519 frs-core:FurnitureFittings 2023-12-01 2024-11-30 03113519 frs-core:FurnitureFittings 2023-11-30 03113519 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 03113519 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 03113519 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 03113519 frs-core:MotorVehicles 2024-11-30 03113519 frs-core:MotorVehicles 2023-12-01 2024-11-30 03113519 frs-core:MotorVehicles 2023-11-30 03113519 frs-core:OtherResidualIntangibleAssets 2024-11-30 03113519 frs-core:OtherResidualIntangibleAssets 2023-12-01 2024-11-30 03113519 frs-core:OtherResidualIntangibleAssets 2023-11-30 03113519 frs-core:PlantMachinery 2024-11-30 03113519 frs-core:PlantMachinery 2023-12-01 2024-11-30 03113519 frs-core:PlantMachinery 2023-11-30 03113519 frs-core:RevaluationReserve 2023-11-30 03113519 frs-core:RevaluationReserve 2024-11-30 03113519 frs-core:ShareCapital 2024-11-30 03113519 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 03113519 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 03113519 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 03113519 frs-bus:SmallEntities 2023-12-01 2024-11-30 03113519 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 03113519 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 03113519 frs-core:UnlistedNon-exchangeTraded 2024-11-30 03113519 frs-core:UnlistedNon-exchangeTraded 2023-11-30 03113519 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-11-30 03113519 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-11-30 03113519 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 03113519 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-11-30 03113519 frs-bus:Director1 2023-12-01 2024-11-30 03113519 frs-bus:Director2 2023-12-01 2024-11-30 03113519 frs-bus:Director3 2023-12-01 2024-11-30 03113519 frs-bus:Director4 2023-12-01 2024-11-30 03113519 frs-bus:Director5 2023-12-01 2024-11-30 03113519 frs-bus:Director6 2023-12-01 2024-11-30 03113519 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 03113519 frs-countries:EnglandWales 2023-12-01 2024-11-30 03113519 2022-11-30 03113519 2023-11-30 03113519 2022-12-01 2023-11-30 03113519 frs-core:CurrentFinancialInstruments 2023-11-30 03113519 frs-core:Non-currentFinancialInstruments 2023-11-30 03113519 frs-core:RevaluationReserve 2023-11-30 03113519 frs-core:ShareCapital 2023-11-30 03113519 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 03113519
The Beautiful Truth Group Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 03113519
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 110,064 133,106
Tangible Assets 5 63,319 65,318
Investments 6 20,790 20,790
194,173 219,214
CURRENT ASSETS
Debtors 7 1,599,076 1,031,413
Cash at bank and in hand 420,218 558,083
2,019,294 1,589,496
Creditors: Amounts Falling Due Within One Year 8 (1,660,902 ) (1,284,267 )
NET CURRENT ASSETS (LIABILITIES) 358,392 305,229
TOTAL ASSETS LESS CURRENT LIABILITIES 552,565 524,443
Creditors: Amounts Falling Due After More Than One Year 9 - (24,801 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,695 ) (10,616 )
NET ASSETS 545,870 489,026
CAPITAL AND RESERVES
Called up share capital 10 515 515
Revaluation reserve 11 15,254 15,254
Profit and Loss Account 530,101 473,257
SHAREHOLDERS' FUNDS 545,870 489,026
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 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 Jonathan Christopher Ayres
Director
27th August 2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Beautiful Truth Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03113519 . The registered office is 73a Redchurch Street, London, E2 7DJ.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Separately acquired trademarks and licences are shown at historical cost.
Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.
Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
Software: 3 year straight line
Intellectual Property: 10 year straight line
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Page 4
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:
Freehold Fully depreciate
Plant & Machinery 33% reducing balance
Motor Vehicles 33.33% Straight line
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 30 (2023: 29)
30 29
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4. Intangible Assets
Other Intellectual Property Total
£ £ £
Cost
As at 1 December 2023 82,168 200,000 282,168
As at 30 November 2024 82,168 200,000 282,168
Amortisation
As at 1 December 2023 79,062 70,000 149,062
Provided during the period 3,042 20,000 23,042
As at 30 November 2024 82,104 90,000 172,104
Net Book Value
As at 30 November 2024 64 110,000 110,064
As at 1 December 2023 3,106 130,000 133,106
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 December 2023 16,456 27,281 1,257 262,774 307,768
Additions - - - 16,050 16,050
As at 30 November 2024 16,456 27,281 1,257 278,824 323,818
Depreciation
As at 1 December 2023 16,456 27,265 1,257 197,472 242,450
Provided during the period - 5 - 18,044 18,049
As at 30 November 2024 16,456 27,270 1,257 215,516 260,499
Net Book Value
As at 30 November 2024 - 11 - 63,308 63,319
As at 1 December 2023 - 16 - 65,302 65,318
Page 5
Page 6
6. Investments
Unlisted
£
Cost
As at 1 December 2023 20,790
As at 30 November 2024 20,790
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 20,790
As at 1 December 2023 20,790
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,142,544 841,458
Amounts recoverable on contracts 417,573 163,849
Other debtors 38,959 26,106
1,599,076 1,031,413
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 331,059 167,374
Other creditors 1,252,069 987,462
Taxation and social security 77,774 129,431
1,660,902 1,284,267
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans - 24,801
Page 6
Page 7
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 515 515
2024
year
No.
£
No.
£
Ordinary A Shares of £1 each
361
361
361
361
Ordinary B Shares of £1 each
39
39
39
39
Ordinary C Shares of £1 each
115
image
115
image
115
image
115
image
515
image
515
image
515
image
515
image
11. Reserves
Revaluation Reserve
£
As at 1 December 2023 15,254
As at 30 November 2024 15,254
Page 7