Acorah Software Products - Accounts Production 16.5.460 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 08774248 Mr AGRON ALIU Mr Nazim Aliu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08774248 2023-11-30 08774248 2024-11-30 08774248 2023-12-01 2024-11-30 08774248 frs-core:CurrentFinancialInstruments 2024-11-30 08774248 frs-core:Non-currentFinancialInstruments 2024-11-30 08774248 frs-core:BetweenOneFiveYears 2024-11-30 08774248 frs-core:ComputerEquipment 2024-11-30 08774248 frs-core:ComputerEquipment 2023-12-01 2024-11-30 08774248 frs-core:ComputerEquipment 2023-11-30 08774248 frs-core:FurnitureFittings 2024-11-30 08774248 frs-core:FurnitureFittings 2023-12-01 2024-11-30 08774248 frs-core:FurnitureFittings 2023-11-30 08774248 frs-core:MotorVehicles 2024-11-30 08774248 frs-core:MotorVehicles 2023-12-01 2024-11-30 08774248 frs-core:MotorVehicles 2023-11-30 08774248 frs-core:PlantMachinery 2024-11-30 08774248 frs-core:PlantMachinery 2023-12-01 2024-11-30 08774248 frs-core:PlantMachinery 2023-11-30 08774248 frs-core:WithinOneYear 2024-11-30 08774248 frs-core:ShareCapital 2024-11-30 08774248 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 08774248 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08774248 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 08774248 frs-bus:SmallEntities 2023-12-01 2024-11-30 08774248 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 08774248 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 08774248 frs-bus:Director1 2023-12-01 2024-11-30 08774248 frs-bus:Director2 2023-12-01 2024-11-30 08774248 frs-countries:EnglandWales 2023-12-01 2024-11-30 08774248 2022-11-30 08774248 2023-11-30 08774248 2022-12-01 2023-11-30 08774248 frs-core:CurrentFinancialInstruments 2023-11-30 08774248 frs-core:Non-currentFinancialInstruments 2023-11-30 08774248 frs-core:BetweenOneFiveYears 2023-11-30 08774248 frs-core:WithinOneYear 2023-11-30 08774248 frs-core:ShareCapital 2023-11-30 08774248 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 08774248
Na General Construction Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Major's Accounts & Co Ltd
ACCA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08774248
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 35,164 3,876
35,164 3,876
CURRENT ASSETS
Debtors 5 1,800 50,156
Cash at bank and in hand 110,774 108,423
112,574 158,579
Creditors: Amounts Falling Due Within One Year 6 (80,450 ) (94,247 )
NET CURRENT ASSETS (LIABILITIES) 32,124 64,332
TOTAL ASSETS LESS CURRENT LIABILITIES 67,288 68,208
Creditors: Amounts Falling Due After More Than One Year 7 (27,666 ) (37,914 )
NET ASSETS 39,622 30,294
CAPITAL AND RESERVES
Called up share capital 9 100 2
Profit and Loss Account 39,522 30,292
SHAREHOLDERS' FUNDS 39,622 30,294
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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 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 AGRON ALIU
Director
26th August 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Na General Construction Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08774248 . The registered office is 11 Hartland Court, Hartland Road, London, Greater London, N11 3JH.
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 have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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:
Plant & Machinery 18% reducing balance method
Motor Vehicles 25% reducing balance method
Fixtures & Fittings 25% reducing balance method
Computer Equipment 33% straight line method
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 7 (2023: 6)
7 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2023 12,750 - - - 12,750
Additions - 32,295 5,975 1,478 39,748
As at 30 November 2024 12,750 32,295 5,975 1,478 52,498
Depreciation
As at 1 December 2023 8,874 - - - 8,874
Provided during the period 698 6,728 871 163 8,460
As at 30 November 2024 9,572 6,728 871 163 17,334
Net Book Value
As at 30 November 2024 3,178 25,567 5,104 1,315 35,164
As at 1 December 2023 3,876 - - - 3,876
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors (413 ) 26,979
Prepayments and accrued income 446 -
Other debtors - 23,015
Deferred tax current asset (1,045) 162
Other taxes and social security 2,812 -
1,800 50,156
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,304 -
Trade creditors 192 1,477
Bank loans and overdrafts 9,996 10,000
Other loans 20,338 17,878
Corporation tax - 39
Other taxes and social security - 36,591
VAT 31,526 12,869
Net wages 5,116 5,599
Other creditors 79 72
Accruals and deferred income 1,162 1,056
Directors' loan accounts 7,737 8,666
80,450 94,247
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 20,083 -
Bank loans 7,515 17,508
Other loans 68 20,406
27,666 37,914
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,304 -
Later than one year and not later than five years 20,083 -
24,387 -
24,387 -
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 2
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