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 07277292 Mrs Joanne Goulding Mr Barrie Goulding iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07277292 2023-11-30 07277292 2024-11-30 07277292 2023-12-01 2024-11-30 07277292 frs-core:ShareCapital 2024-11-30 07277292 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 07277292 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07277292 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 07277292 frs-bus:SmallEntities 2023-12-01 2024-11-30 07277292 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 07277292 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 07277292 frs-core:UnlistedNon-exchangeTraded 2024-11-30 07277292 frs-core:UnlistedNon-exchangeTraded 2023-11-30 07277292 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-11-30 07277292 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-11-30 07277292 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 07277292 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-11-30 07277292 frs-bus:Director1 2023-12-01 2024-11-30 07277292 frs-bus:Director1 2023-11-30 07277292 frs-bus:Director1 2024-11-30 07277292 frs-bus:Director2 2023-12-01 2024-11-30 07277292 frs-countries:EnglandWales 2023-12-01 2024-11-30 07277292 2022-11-30 07277292 2023-11-30 07277292 2022-12-01 2023-11-30 07277292 frs-core:CurrentFinancialInstruments 2023-11-30 07277292 frs-core:ShareCapital 2023-11-30 07277292 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 07277292
IPave Groundworks Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07277292
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 199,161 199,161
Investments 5 101 101
199,262 199,262
CURRENT ASSETS
Debtors 6 109,979 13,226
Cash at bank and in hand 200,238 388,110
310,217 401,336
Creditors: Amounts Falling Due Within One Year 7 - (4,487 )
NET CURRENT ASSETS (LIABILITIES) 310,217 396,849
TOTAL ASSETS LESS CURRENT LIABILITIES 509,479 596,111
NET ASSETS 509,479 596,111
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 509,379 596,011
SHAREHOLDERS' FUNDS 509,479 596,111
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 Barrie Goulding
Director
28 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
IPave Groundworks Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07277292 . The registered office is 24 Picton House, Hussar Court, Waterlooville, Hampshire, PO7 7SQ.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
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. Significant judgements and estimations
In preparing the financial statements in accordance with FRS 102, management is required to make judgements, estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income, and expenses. Actual results may differ from these estimates.
Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.
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. 
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 December 2023 and 30 November 2024 199,161
Page 2
Page 3
5. Investments
Unlisted
£
Cost
As at 1 December 2023 101
As at 30 November 2024 101
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 101
As at 1 December 2023 101
6. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 95,883 -
Other debtors 14,096 13,226
109,979 13,226
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings - 4,487
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. 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 Barrie Goulding 13,226 1,020 150 - 14,096
The above loan is unsecured, interest free and repayable on demand.
Page 3