Acorah Software Products - Accounts Production 16.4.675 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 13006994 Mr Neal Penfold iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13006994 2023-11-30 13006994 2024-11-30 13006994 2023-12-01 2024-11-30 13006994 frs-core:CurrentFinancialInstruments 2024-11-30 13006994 frs-core:ComputerEquipment 2024-11-30 13006994 frs-core:ComputerEquipment 2023-12-01 2024-11-30 13006994 frs-core:ComputerEquipment 2023-11-30 13006994 frs-core:FurnitureFittings 2024-11-30 13006994 frs-core:FurnitureFittings 2023-12-01 2024-11-30 13006994 frs-core:FurnitureFittings 2023-11-30 13006994 frs-core:ShareCapital 2024-11-30 13006994 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 13006994 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13006994 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 13006994 frs-bus:SmallEntities 2023-12-01 2024-11-30 13006994 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13006994 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 13006994 frs-bus:Director1 2023-12-01 2024-11-30 13006994 frs-countries:EnglandWales 2023-12-01 2024-11-30 13006994 2022-11-30 13006994 2023-11-30 13006994 2022-12-01 2023-11-30 13006994 frs-core:CurrentFinancialInstruments 2023-11-30 13006994 frs-core:ShareCapital 2023-11-30 13006994 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 13006994
Out The Box UD Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Anumerate Limited
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 13006994
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 364 909
364 909
CURRENT ASSETS
Debtors 5 37,184 25,874
Cash at bank and in hand 5,508 2,995
42,692 28,869
Creditors: Amounts Falling Due Within One Year 6 (22,302 ) (10,847 )
NET CURRENT ASSETS (LIABILITIES) 20,390 18,022
TOTAL ASSETS LESS CURRENT LIABILITIES 20,754 18,931
NET ASSETS 20,754 18,931
CAPITAL AND RESERVES
Called up share capital 7 1 1
Income Statement 20,753 18,930
SHAREHOLDERS' FUNDS 20,754 18,931
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 Income Statement.
On behalf of the board
Mr Neal Penfold
Director
20/08/2025
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
Out The Box UD Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13006994 . The registered office is C/O Anumerate Office 2.05, Clockwise, Old Town Hall, 30 Tweedy Road, BR1 3FE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & Fittings 25%
Computer Equipment 25%
2.4. Taxation
Current year corporation tax charge amounts to £7,317 (2023: £2,038)
Taxation expense for the year represents current tax recognised in the reporting period and is recognised in the statement of comprehensive income. Current tax is the amount of income tax payable in respect of taxable profit for the year or prior years.
Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the year end. Current taxation assets and liabilities are not discounted. 
Deferred tax assets are recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax assets and liabilities are measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply in the periods in which any timing differences are expected to reverse. Deferred tax assets and liabilities are not discounted. No deferred tax asset has been recognised for the current or previous year. 
On 3 March 2021, the government announced its intention to increase the corporation tax rate from 1 April 2023 as part of the Finance Bill 2021. This rate will taper from 19% for businesses with profits of less than £50,000 to 25% for businesses with profits over £250,000.
2.5. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.6. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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Page 3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 December 2023 724 1,456 2,180
As at 30 November 2024 724 1,456 2,180
Depreciation
As at 1 December 2023 535 736 1,271
Provided during the period 181 364 545
As at 30 November 2024 716 1,100 1,816
Net Book Value
As at 30 November 2024 8 356 364
As at 1 December 2023 189 720 909
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,200 2,550
Other debtors 32,984 23,324
37,184 25,874
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 181 178
Corporation tax 7,317 2,038
Director's loan account 14,804 8,631
22,302 10,847
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Related Party Transactions
The Director is a related party of the company.
The loan owed to the Director, Neal Penfold, is unsecured, interest-free and carries no fixed terms of repayment.
Out The Box UD Ltd and Out The Box Development Ltd are related parties by virtue of having a Director in common. During the year Out The Box UD Ltd incurred expenses on behalf of Out The Box Development Ltd and as at the year-end date Out The Box Development Ltd owed Out The Box UD Ltd £32,984 (2023: £23,324). Amounts owed to related parties are unsecured, interest-free and have no fixed terms of repayment.
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