Acorah Software Products - Accounts Production 16.3.350 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 NI657344 Dr Christopher Gardiner Jemma Gardiner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI657344 2023-11-30 NI657344 2024-11-30 NI657344 2023-12-01 2024-11-30 NI657344 frs-core:CurrentFinancialInstruments 2024-11-30 NI657344 frs-core:ShareCapital 2024-11-30 NI657344 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 NI657344 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 NI657344 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 NI657344 frs-bus:SmallEntities 2023-12-01 2024-11-30 NI657344 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 NI657344 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 NI657344 frs-core:ListedExchangeTraded 2024-11-30 NI657344 frs-core:ListedExchangeTraded 2023-11-30 NI657344 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-11-30 NI657344 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-11-30 NI657344 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-11-30 NI657344 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-11-30 NI657344 frs-bus:Director1 2023-12-01 2024-11-30 NI657344 frs-bus:Director2 2023-12-01 2024-11-30 NI657344 frs-countries:NorthernIreland 2023-12-01 2024-11-30 NI657344 2022-11-30 NI657344 2023-11-30 NI657344 2022-12-01 2023-11-30 NI657344 frs-core:CurrentFinancialInstruments 2023-11-30 NI657344 frs-core:ShareCapital 2023-11-30 NI657344 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: NI657344
OBO Group Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Gray + Press Accountants
21 Old Channel Road
Unit 4A Channel Wharf
Belfast
Antrim
BT3 9DE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: NI657344
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 3 3
3 3
CURRENT ASSETS
Debtors 5 339,060 278,193
Cash at bank and in hand - 257
339,060 278,450
Creditors: Amounts Falling Due Within One Year 6 (1,077 ) (20,722 )
NET CURRENT ASSETS (LIABILITIES) 337,983 257,728
TOTAL ASSETS LESS CURRENT LIABILITIES 337,986 257,731
NET ASSETS 337,986 257,731
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 337,886 257,631
SHAREHOLDERS' FUNDS 337,986 257,731
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
Dr Christopher Gardiner
Director
14/05/2025
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
OBO Group Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI657344 . The registered office is 1 Manor Drive, Lisburn, BT28 1JH.
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
Revenue from sale of goods 
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably
2.3. Tangible Fixed Assets and Depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Listed
£
Cost
As at 1 December 2023 3
As at 30 November 2024 3
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 3
As at 1 December 2023 3
Investments in shares are included at cost.
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 339,060 278,193
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 11 -
Other creditors 1,066 20,722
1,077 20,722
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3