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 11399180 Ms K Newman Smulders iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11399180 2023-11-30 11399180 2024-11-30 11399180 2023-12-01 2024-11-30 11399180 frs-core:CurrentFinancialInstruments 2024-11-30 11399180 frs-core:Non-currentFinancialInstruments 2024-11-30 11399180 frs-core:ComputerEquipment 2024-11-30 11399180 frs-core:ComputerEquipment 2023-12-01 2024-11-30 11399180 frs-core:ComputerEquipment 2023-11-30 11399180 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-11-30 11399180 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 11399180 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-11-30 11399180 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 11399180 frs-bus:CompanyLimitedByGuarantee 2023-12-01 2024-11-30 11399180 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 11399180 frs-bus:SmallEntities 2023-12-01 2024-11-30 11399180 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11399180 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11399180 frs-bus:Director1 2023-12-01 2024-11-30 11399180 frs-countries:EnglandWales 2023-12-01 2024-11-30 11399180 2022-11-30 11399180 2023-11-30 11399180 2022-12-01 2023-11-30 11399180 frs-core:CurrentFinancialInstruments 2023-11-30 11399180 frs-core:Non-currentFinancialInstruments 2023-11-30 11399180 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 11399180
Mindhealth360 Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11399180
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 20,000 -
Tangible Assets 5 2,086 1,824
22,086 1,824
CURRENT ASSETS
Debtors 6 60,426 6,110
Cash at bank and in hand 93,334 4,439
153,760 10,549
Creditors: Amounts Falling Due Within One Year 7 (1,008,210 ) (655,188 )
NET CURRENT ASSETS (LIABILITIES) (854,450 ) (644,639 )
TOTAL ASSETS LESS CURRENT LIABILITIES (832,364 ) (642,815 )
Creditors: Amounts Falling Due After More Than One Year 8 (9,167 ) (19,167 )
NET LIABILITIES (841,531 ) (661,982 )
Income and Expenditure Account (841,531 ) (661,982 )
MEMBERS' FUNDS (841,531) (661,982)
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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 her 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 Income and Expenditure Account.
On behalf of the board
Ms K Newman Smulders
Director
29/08/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Mindhealth360 Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 11399180 . The registered office is Office 13, Boston House, Grove Business Park, Downsview Road, Wantage, OX12 9FF.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to website development on a straight line basis over their expected useful economic lives, of 5 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
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:
Computer Equipment 25% on cost
2.5. 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 surplus.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Intangible Assets
Development Costs
£
Cost
As at 1 December 2023 -
Additions 25,000
As at 30 November 2024 25,000
Amortisation
As at 1 December 2023 -
Provided during the period 5,000
As at 30 November 2024 5,000
Net Book Value
As at 30 November 2024 20,000
As at 1 December 2023 -
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2023 2,432
Additions 1,416
Disposals (384 )
As at 30 November 2024 3,464
Depreciation
As at 1 December 2023 608
Provided during the period 866
Disposals (96 )
As at 30 November 2024 1,378
Net Book Value
As at 30 November 2024 2,086
As at 1 December 2023 1,824
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 16,018 -
Other debtors 44,408 6,110
60,426 6,110
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 34,222 6,479
Bank loans and overdrafts 11,781 10,000
Amounts owed to participating interests (3,261 ) -
Other creditors 965,468 638,709
1,008,210 655,188
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,167 19,167
9. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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