Acorah Software Products - Accounts Production 16.2.850 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 04585291 Mrs Tracey Clark Mr Neil Penny iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04585291 2023-11-30 04585291 2024-11-30 04585291 2023-12-01 2024-11-30 04585291 frs-core:CurrentFinancialInstruments 2024-11-30 04585291 frs-core:Non-currentFinancialInstruments 2024-11-30 04585291 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 04585291 frs-core:FurnitureFittings 2024-11-30 04585291 frs-core:FurnitureFittings 2023-12-01 2024-11-30 04585291 frs-core:FurnitureFittings 2023-11-30 04585291 frs-core:MotorVehicles 2024-11-30 04585291 frs-core:MotorVehicles 2023-12-01 2024-11-30 04585291 frs-core:MotorVehicles 2023-11-30 04585291 frs-core:OtherResidualIntangibleAssets 2024-11-30 04585291 frs-core:OtherResidualIntangibleAssets 2023-11-30 04585291 frs-core:ShareCapital 2024-11-30 04585291 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 04585291 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 04585291 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 04585291 frs-bus:SmallEntities 2023-12-01 2024-11-30 04585291 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 04585291 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 04585291 frs-bus:Director1 2023-12-01 2024-11-30 04585291 frs-bus:Director2 2023-12-01 2024-11-30 04585291 frs-countries:EnglandWales 2023-12-01 2024-11-30 04585291 2022-11-30 04585291 2023-11-30 04585291 2022-12-01 2023-11-30 04585291 frs-core:CurrentFinancialInstruments 2023-11-30 04585291 frs-core:Non-currentFinancialInstruments 2023-11-30 04585291 frs-core:ShareCapital 2023-11-30 04585291 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 04585291
Albert's 'ardware Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Anthony Smith and Co. Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04585291
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 - 639
- 639
CURRENT ASSETS
Stocks 6 40,245 39,054
Debtors 7 1,961 1,994
Cash at bank and in hand 511 173
42,717 41,221
Creditors: Amounts Falling Due Within One Year 8 (26,518 ) (27,481 )
NET CURRENT ASSETS (LIABILITIES) 16,199 13,740
TOTAL ASSETS LESS CURRENT LIABILITIES 16,199 14,379
Creditors: Amounts Falling Due After More Than One Year 9 (26,216 ) (31,944 )
NET LIABILITIES (10,017 ) (17,565 )
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account (11,017 ) (18,565 )
SHAREHOLDERS' FUNDS (10,017) (17,565)
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
Mrs Tracey Clark
Director
28/08/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Albert's 'ardware Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04585291 . The registered office is 37B SWAIN STREET, WATCHET, SOMERSET, TA23 0AE.
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
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... 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:
Motor Vehicles 25% Staright Line
Fixtures & Fittings 25% Straight Line
2.5. 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: 5)
3 5
4. Intangible Assets
Other
£
Cost
As at 1 December 2023 60,000
As at 30 November 2024 60,000
Amortisation
As at 1 December 2023 60,000
As at 30 November 2024 60,000
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 November 2024 -
As at 1 December 2023 -
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 December 2023 2,000 31,839 33,839
As at 30 November 2024 2,000 31,839 33,839
Depreciation
As at 1 December 2023 1,542 31,658 33,200
Provided during the period 458 181 639
As at 30 November 2024 2,000 31,839 33,839
Net Book Value
As at 30 November 2024 - - -
As at 1 December 2023 458 181 639
6. Stocks
2024 2023
£ £
Stock 40,245 39,054
7. Debtors
2024 2023
£ £
Due within one year
Other debtors - 33
Due after more than one year
Trade debtors 1,961 1,961
1,961 1,994
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,130 6,818
Bank loans and overdrafts 9,430 7,020
VAT 2,026 2,379
Shire Credit Card - 1,762
Accruals and deferred income 3,102 3,102
Directors' loan accounts 4,830 6,400
26,518 27,481
Page 4
Page 5
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Funding Circle Loan 12,698 16,204
Lloyds BB Loan 13,518 15,740
26,216 31,944
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 5