Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 22 December 2022 false 1 January 2024 31 December 2024 31 December 2024 14555337 Ms Nneka Onwuachu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14555337 2023-12-31 14555337 2024-12-31 14555337 2024-01-01 2024-12-31 14555337 frs-core:CurrentFinancialInstruments 2024-12-31 14555337 frs-core:Non-currentFinancialInstruments 2024-12-31 14555337 frs-core:ComputerEquipment 2024-12-31 14555337 frs-core:ComputerEquipment 2024-01-01 2024-12-31 14555337 frs-core:ComputerEquipment 2023-12-31 14555337 frs-core:FurnitureFittings 2024-12-31 14555337 frs-core:FurnitureFittings 2024-01-01 2024-12-31 14555337 frs-core:FurnitureFittings 2023-12-31 14555337 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 14555337 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 14555337 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 14555337 frs-core:PlantMachinery 2024-12-31 14555337 frs-core:PlantMachinery 2024-01-01 2024-12-31 14555337 frs-core:PlantMachinery 2023-12-31 14555337 frs-core:ShareCapital 2024-12-31 14555337 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14555337 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14555337 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 14555337 frs-bus:SmallEntities 2024-01-01 2024-12-31 14555337 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14555337 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14555337 frs-bus:Director1 2024-01-01 2024-12-31 14555337 frs-bus:Director1 2023-12-31 14555337 frs-bus:Director1 2024-12-31 14555337 frs-countries:EnglandWales 2024-01-01 2024-12-31 14555337 2022-12-21 14555337 2023-12-31 14555337 2022-12-22 2023-12-31 14555337 frs-core:CurrentFinancialInstruments 2023-12-31 14555337 frs-core:Non-currentFinancialInstruments 2023-12-31 14555337 frs-core:ShareCapital 2023-12-31 14555337 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 14555337
Nebel Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Alliance Group London
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14555337
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 301,394 381,695
301,394 381,695
CURRENT ASSETS
Stocks 5 9,823 -
Debtors 6 13,905 21,810
Cash at bank and in hand 42,166 27,809
65,894 49,619
Creditors: Amounts Falling Due Within One Year 7 (40,249 ) (56,694 )
NET CURRENT ASSETS (LIABILITIES) 25,645 (7,075 )
TOTAL ASSETS LESS CURRENT LIABILITIES 327,039 374,620
Creditors: Amounts Falling Due After More Than One Year 8 (426,899 ) (457,597 )
NET LIABILITIES (99,860 ) (82,977 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (99,960 ) (83,077 )
SHAREHOLDERS' FUNDS (99,860) (82,977)
Page 1
Page 2
For the year ending 31 December 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 Profit and Loss Account.
On behalf of the board
Ms Nneka Onwuachu
Director
30/09/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Nebel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14555337 . The registered office is 63 Parkfield Road, Northolt, UB5 5NW.
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. 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:
Freehold 20% reducing balance
Plant & Machinery 20% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 20% reducing balance
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 7)
6 7
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 414,139 - 480 1,946 416,565
Additions - (658 ) - (3,132 ) (3,790 )
As at 31 December 2024 414,139 (658 ) 480 (1,186 ) 412,775
Depreciation
As at 1 January 2024 34,512 - 72 286 34,870
Provided during the period 75,925 33 82 471 76,511
As at 31 December 2024 110,437 33 154 757 111,381
Net Book Value
As at 31 December 2024 303,702 (691 ) 326 (1,943 ) 301,394
As at 1 January 2024 379,627 - 408 1,660 381,695
5. Stocks
31 December 2024 31 December 2023
£ £
Stock 9,823 -
6. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Other debtors 13,905 21,810
7. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 36,782 20,690
Other creditors - 33,970
Taxation and social security 3,467 2,034
40,249 56,694
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8. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 December 2023
£ £
Bank loans 295,192 306,801
Other creditors 131,707 150,796
426,899 457,597
9. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within long term creditors are the following loans from the director to the company: £150,756
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Ms Nneka Onwuachu 150,796 - - - -
The above loan is unsecured, interest free and repayable on demand.
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