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 05626459 Y K Chu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05626459 2023-11-30 05626459 2024-11-30 05626459 2023-12-01 2024-11-30 05626459 frs-core:CurrentFinancialInstruments 2024-11-30 05626459 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-30 05626459 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 05626459 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-30 05626459 frs-core:PlantMachinery 2024-11-30 05626459 frs-core:PlantMachinery 2023-12-01 2024-11-30 05626459 frs-core:PlantMachinery 2023-11-30 05626459 frs-core:ShareCapital 2024-11-30 05626459 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 05626459 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 05626459 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 05626459 frs-bus:SmallEntities 2023-12-01 2024-11-30 05626459 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 05626459 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 05626459 frs-bus:OrdinaryShareClass1 2023-12-01 2024-11-30 05626459 frs-bus:OrdinaryShareClass1 2024-11-30 05626459 frs-bus:Director1 2023-12-01 2024-11-30 05626459 frs-countries:EnglandWales 2023-12-01 2024-11-30 05626459 2022-11-30 05626459 2023-11-30 05626459 2022-12-01 2023-11-30 05626459 frs-core:CurrentFinancialInstruments 2023-11-30 05626459 frs-core:ShareCapital 2023-11-30 05626459 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 05626459 frs-bus:OrdinaryShareClass1 2022-12-01 2023-11-30
Registered number: 05626459
Pure Concept Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05626459
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,308 14,388
11,308 14,388
CURRENT ASSETS
Debtors 5 242 77
Cash at bank and in hand 13,278 17,635
13,520 17,712
Creditors: Amounts Falling Due Within One Year 6 (1,704 ) (4,289 )
NET CURRENT ASSETS (LIABILITIES) 11,816 13,423
TOTAL ASSETS LESS CURRENT LIABILITIES 23,124 27,811
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,447 ) (1,896 )
NET ASSETS 21,677 25,915
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 21,577 25,815
SHAREHOLDERS' FUNDS 21,677 25,915
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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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Y K Chu
Director
19/08/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Pure Concept Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05626459 . The registered office is The Granary Hones Yard, 1 Waverley Lane, Farnham, Surrey, GU9 8BB.
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. 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:
Leasehold 10% Straight Line
Plant & Machinery 25% Reducing Balance
2.3. 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.
2.4. Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
2.5. Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
2.6. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty or notice of not more than 24 hours.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 December 2023 11,964 47,294 59,258
Additions - 691 691
As at 30 November 2024 11,964 47,985 59,949
Depreciation
As at 1 December 2023 7,182 37,688 44,870
Provided during the period 1,197 2,574 3,771
As at 30 November 2024 8,379 40,262 48,641
Net Book Value
As at 30 November 2024 3,585 7,723 11,308
As at 1 December 2023 4,782 9,606 14,388
5. Debtors
2024 2023
£ £
Due within one year
VAT 242 77
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 62 -
Other taxes and social security - 286
Accruals and deferred income 1,150 3,247
Director's loan account 492 756
1,704 4,289
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
8. Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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