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 09321543 Mr David White Mrs Caroline White iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09321543 2023-11-30 09321543 2024-11-30 09321543 2023-12-01 2024-11-30 09321543 frs-core:CurrentFinancialInstruments 2024-11-30 09321543 frs-core:Non-currentFinancialInstruments 2024-11-30 09321543 frs-core:ComputerEquipment 2024-11-30 09321543 frs-core:ComputerEquipment 2023-12-01 2024-11-30 09321543 frs-core:ComputerEquipment 2023-11-30 09321543 frs-core:OtherResidualIntangibleAssets 2024-11-30 09321543 frs-core:OtherResidualIntangibleAssets 2023-12-01 2024-11-30 09321543 frs-core:OtherResidualIntangibleAssets 2023-11-30 09321543 frs-core:PlantMachinery 2024-11-30 09321543 frs-core:PlantMachinery 2023-12-01 2024-11-30 09321543 frs-core:PlantMachinery 2023-11-30 09321543 frs-core:WithinOneYear 2024-11-30 09321543 frs-core:ShareCapital 2024-11-30 09321543 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 09321543 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09321543 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 09321543 frs-bus:SmallEntities 2023-12-01 2024-11-30 09321543 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 09321543 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 09321543 frs-bus:Director1 2023-12-01 2024-11-30 09321543 frs-bus:Director2 2023-12-01 2024-11-30 09321543 frs-countries:EnglandWales 2023-12-01 2024-11-30 09321543 2022-11-30 09321543 2023-11-30 09321543 2022-12-01 2023-11-30 09321543 frs-core:CurrentFinancialInstruments 2023-11-30 09321543 frs-core:Non-currentFinancialInstruments 2023-11-30 09321543 frs-core:BetweenOneFiveYears 2023-11-30 09321543 frs-core:WithinOneYear 2023-11-30 09321543 frs-core:ShareCapital 2023-11-30 09321543 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 09321543
Netriver Systems Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Advoco (SW) Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09321543
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,583 3,981
Tangible Assets 5 10,712 12,602
14,295 16,583
CURRENT ASSETS
Debtors 6 9,819 6,241
Cash at bank and in hand 920 559
10,739 6,800
Creditors: Amounts Falling Due Within One Year 7 (23,488 ) (24,362 )
NET CURRENT ASSETS (LIABILITIES) (12,749 ) (17,562 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,546 (979 )
Creditors: Amounts Falling Due After More Than One Year 8 (1,500 ) (500 )
NET ASSETS/(LIABILITIES) 46 (1,479 )
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account (954 ) (2,479 )
SHAREHOLDERS' FUNDS 46 (1,479)
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 David White
Director
29 August 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
Netriver Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09321543 . The registered office is 476 Chickerell Road Chickerell, Weymouth, Dorset, DT3 4DH.
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. 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 15% reducing balance
Computer Equipment 50% on cost
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Intangible Assets
Other
£
Cost
As at 1 December 2023 4,915
As at 30 November 2024 4,915
Amortisation
As at 1 December 2023 934
Provided during the period 398
As at 30 November 2024 1,332
...CONTINUED
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Net Book Value
As at 30 November 2024 3,583
As at 1 December 2023 3,981
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 December 2023 19,795 14,652 34,447
As at 30 November 2024 19,795 14,652 34,447
Depreciation
As at 1 December 2023 7,193 14,652 21,845
Provided during the period 1,890 - 1,890
As at 30 November 2024 9,083 14,652 23,735
Net Book Value
As at 30 November 2024 10,712 - 10,712
As at 1 December 2023 12,602 - 12,602
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,819 6,241
Prepayments and accrued income 2,000 -
9,819 6,241
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 3,570
VAT 1,341 1,697
Other creditors 2,751 3,109
Accrued expenses 1,420 1,310
Directors' loan accounts 17,976 14,676
23,488 24,362
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 1,500 500
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9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 3,570
Later than one year and not later than five years - -
- 3,570
- 3,570
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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