Acorah Software Products - Accounts Production 16.2.850 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 13021505 Mr Mohammad Shakil Ashraf iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13021505 2023-11-30 13021505 2024-11-30 13021505 2023-12-01 2024-11-30 13021505 frs-core:CurrentFinancialInstruments 2024-11-30 13021505 frs-core:Non-currentFinancialInstruments 2024-11-30 13021505 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-11-30 13021505 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 13021505 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-11-30 13021505 frs-core:ShareCapital 2024-11-30 13021505 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 13021505 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13021505 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 13021505 frs-bus:SmallEntities 2023-12-01 2024-11-30 13021505 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13021505 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 13021505 frs-bus:Director1 2023-12-01 2024-11-30 13021505 frs-countries:EnglandWales 2023-12-01 2024-11-30 13021505 2022-11-30 13021505 2023-11-30 13021505 2022-12-01 2023-11-30 13021505 frs-core:CurrentFinancialInstruments 2023-11-30 13021505 frs-core:Non-currentFinancialInstruments 2023-11-30 13021505 frs-core:ShareCapital 2023-11-30 13021505 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 13021505
Ir&c Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Parvez & Co.
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13021505
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 408,002 197,547
408,002 197,547
CURRENT ASSETS
Debtors 5 6,771 13,100
Cash at bank and in hand 8,488 102,813
15,259 115,913
Creditors: Amounts Falling Due Within One Year 6 (81,280 ) (34,312 )
NET CURRENT ASSETS (LIABILITIES) (66,021 ) 81,601
TOTAL ASSETS LESS CURRENT LIABILITIES 341,981 279,148
Creditors: Amounts Falling Due After More Than One Year 7 (20,000 ) (90,000 )
NET ASSETS 321,981 189,148
CAPITAL AND RESERVES
Called up share capital 8 852,271 478,364
Profit and Loss Account (530,290 ) (289,216 )
SHAREHOLDERS' FUNDS 321,981 189,148
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 Profit and Loss Account.
On behalf of the board
Mr Mohammad Shakil Ashraf
Director
31st August 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
Ir&c Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13021505 . The registered office is 30 Chigwell Park Drive, Chigwell, London, IG7 5BD.
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 ... on a straight line basis over their expected useful economic lives, which range from ... to ... 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Intangible Assets
Development Costs
£
Cost
As at 1 December 2023 253,699
Additions 312,455
As at 30 November 2024 566,154
Amortisation
As at 1 December 2023 56,152
Provided during the period 102,000
As at 30 November 2024 158,152
Net Book Value
As at 30 November 2024 408,002
As at 1 December 2023 197,547
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 6,771 13,100
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1
Other creditors 71,763 31,037
Taxation and social security 9,517 3,274
81,280 34,312
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 20,000 90,000
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 852,271 478,364
Page 3