Acorah Software Products - Accounts Production 16.4.675 false true true 30 November 2023 1 December 2022 true 1 December 2023 30 November 2024 30 November 2024 03128299 Mr Eyal Myers Mrs Sara Myers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03128299 2023-11-30 03128299 2024-11-30 03128299 2023-12-01 2024-11-30 03128299 frs-core:CurrentFinancialInstruments 2024-11-30 03128299 frs-core:MotorVehicles 2024-11-30 03128299 frs-core:MotorVehicles 2023-12-01 2024-11-30 03128299 frs-core:MotorVehicles 2023-11-30 03128299 frs-core:PlantMachinery 2024-11-30 03128299 frs-core:PlantMachinery 2023-12-01 2024-11-30 03128299 frs-core:PlantMachinery 2023-11-30 03128299 frs-core:ShareCapital 2024-11-30 03128299 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-11-30 03128299 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 03128299 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 03128299 frs-bus:FullAccounts 2023-12-01 2024-11-30 03128299 frs-bus:SmallEntities 2023-12-01 2024-11-30 03128299 frs-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 03128299 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 03128299 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-12-01 2024-11-30 03128299 frs-bus:Director1 2023-12-01 2024-11-30 03128299 frs-bus:Director2 2023-12-01 2024-11-30 03128299 frs-core:CurrentFinancialInstruments 1 2024-11-30 03128299 frs-countries:EnglandWales 2023-12-01 2024-11-30 03128299 2022-11-30 03128299 2023-11-30 03128299 2022-12-01 2023-11-30 03128299 frs-core:CurrentFinancialInstruments 2023-11-30 03128299 frs-core:ShareCapital 2023-11-30 03128299 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-11-30 03128299 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 03128299 frs-core:CurrentFinancialInstruments 1 2023-11-30
Registered number: 03128299
Award Crafters Limited
Directors' Report and
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Statement of Income and Retained Earnings 4
Balance Sheet 5
Notes to the Financial Statements 6—7
Page 1
Company Information
Directors Mr Eyal Myers
Mrs Sara Myers
Company Number 03128299
Registered Office 14 Northgate Industrial Park
Collier Row Road
Romford
RM5 2BG
Accountants Simple Accounting Ltd
Chartered Management Accountants
95 Bridge Lanes
Hebden Bridge
West Yorkshire
HX7 6AT
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 30 November 2024.
Principal Activity
The company's principal activity continues to be that of providing signwriting services.
Directors
The directors who held office during the year were as follows:
Mr Eyal Myers
Mrs Sara Myers
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr Eyal Myers
Director
3 September 2025
Page 2
Page 3
Accountant's Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Award Crafters Limited for the year ended 30 November 2024 which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the directors of Award Crafters Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Award Crafters Limited and state those matters that we have agreed to state to the directors of Award Crafters Limited in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.
It is your duty to ensure that Award Crafters Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Award Crafters Limited . You consider that Award Crafters Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Award Crafters Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Signed
Mark R Hill BSc (Econ) Dip ACMA
3 September 2025
Simple Accounting Ltd
Chartered Management Accountants
95 Bridge Lanes
Hebden Bridge
West Yorkshire
HX7 6AT
Page 3
Page 4
Statement of Income and Retained Earnings
2024 2023
Notes £ £
TURNOVER 354,253 332,765
Cost of sales (79,730 ) (80,419 )
GROSS PROFIT 274,523 252,346
Administrative expenses (251,794 ) (147,020 )
Other operating income 4,543 -
Other operating expenses - (4,543 )
OPERATING PROFIT 27,272 100,783
Other interest receivable and similar income 16,443 5,136
Interest payable and similar charges (984 ) (982 )
PROFIT BEFORE TAXATION 42,731 104,937
Tax on Profit (11,030 ) (9,438 )
PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR 31,701 95,499
RETAINED EARNINGS
As at 1 December 2023 698,881 619,840
Dividends paid (9,494) (16,458)
As at 30 November 2024 721,088 698,881
The notes on pages 6 to 7 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 166,357 181,938
166,357 181,938
CURRENT ASSETS
Stocks 5 34,848 36,680
Debtors 6 53,550 72,068
Cash at bank and in hand 535,774 455,150
624,172 563,898
Creditors: Amounts Falling Due Within One Year 7 (68,791 ) (46,305 )
NET CURRENT ASSETS (LIABILITIES) 555,381 517,593
TOTAL ASSETS LESS CURRENT LIABILITIES 721,738 699,531
NET ASSETS 721,738 699,531
CAPITAL AND RESERVES
Called up share capital 8 650 650
Profit and Loss Account 721,088 698,881
SHAREHOLDERS' FUNDS 721,738 699,531
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 in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Eyal Myers
Director
3 September 2025
The notes on pages 6 to 7 form part of these financial statements.
Page 5
Page 6
Notes to the Financial Statements
1. General Information
Award Crafters Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03128299 . The registered office is 14 Northgate Industrial Park, Collier Row Road, Romford, RM5 2BG.
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. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. 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.
2.4. 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:
Plant & Machinery 15% based on reducing balance
Motor Vehicles 20% based on reducing balance
No depreciation is charged in the year of acquisition of assets.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
Page 6
Page 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 December 2023 311,601 68,357 379,958
Additions 2,612 - 2,612
As at 30 November 2024 314,213 68,357 382,570
Depreciation
As at 1 December 2023 189,037 8,983 198,020
Provided during the period 12,256 5,937 18,193
As at 30 November 2024 201,293 14,920 216,213
Net Book Value
As at 30 November 2024 112,920 53,437 166,357
As at 1 December 2023 122,564 59,374 181,938
5. Stocks
2024 2023
£ £
Stock 34,848 36,680
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 52,263 63,368
Prepayments and accrued income 1,287 8,700
53,550 72,068
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,065 702
Corporation tax 11,030 9,438
VAT 27,752 10,944
Other creditors: American express amazon card 672 620
Other creditors: Capital on tap visa card 3,197 50
Accruals and deferred income 524 -
Directors' loan accounts 24,551 24,551
68,791 46,305
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 650 650
Page 7