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 09857651 Mr Christopher Naidu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09857651 2023-11-30 09857651 2024-11-30 09857651 2023-12-01 2024-11-30 09857651 frs-core:CurrentFinancialInstruments 2024-11-30 09857651 frs-core:Non-currentFinancialInstruments 2024-11-30 09857651 frs-core:ComputerEquipment 2024-11-30 09857651 frs-core:ComputerEquipment 2023-12-01 2024-11-30 09857651 frs-core:ComputerEquipment 2023-11-30 09857651 frs-core:FurnitureFittings 2024-11-30 09857651 frs-core:FurnitureFittings 2023-12-01 2024-11-30 09857651 frs-core:FurnitureFittings 2023-11-30 09857651 frs-core:ShareCapital 2024-11-30 09857651 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 09857651 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09857651 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 09857651 frs-bus:SmallEntities 2023-12-01 2024-11-30 09857651 frs-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 09857651 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 09857651 frs-bus:OrdinaryShareClass1 2023-12-01 2024-11-30 09857651 frs-bus:OrdinaryShareClass1 2024-11-30 09857651 frs-bus:OrdinaryShareClass3 2023-12-01 2024-11-30 09857651 frs-bus:OrdinaryShareClass3 2024-11-30 09857651 frs-bus:Director1 2023-12-01 2024-11-30 09857651 frs-countries:EnglandWales 2023-12-01 2024-11-30 09857651 2022-11-30 09857651 2023-11-30 09857651 2022-12-01 2023-11-30 09857651 frs-core:CurrentFinancialInstruments 2023-11-30 09857651 frs-core:Non-currentFinancialInstruments 2023-11-30 09857651 frs-core:ShareCapital 2023-11-30 09857651 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09857651 frs-bus:OrdinaryShareClass1 2022-12-01 2023-11-30 09857651 frs-bus:OrdinaryShareClass3 2022-12-01 2023-11-30
Registered number: 09857651
CN Innovative Finance Ltd
Financial Statements
For The Year Ended 30 November 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
CN Innovative Finance Ltd
Contents
Contents

| Page
--- | ---
Accountants' Report | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—6

Page 1
CN Innovative Finance Ltd
Accountants' Report
For The Year Ended 30 November 2024
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of CN Innovative Finance Ltd for the year ended 30 November 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of CN Innovative Finance Ltd 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of CN Innovative Finance Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of CN Innovative Finance Ltd and state those matters that we have agreed to state to the director of CN Innovative Finance Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CN Innovative Finance Ltd and its director as a body for our work or for this report.
It is your duty to ensure that CN Innovative Finance Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of CN Innovative Finance Ltd . You consider that CN Innovative Finance Ltd 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 accounts of CN Innovative Finance Ltd . 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 financial statements.

Signed
CKR
19 September 2025

C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Page 1
Page 2
CN Innovative Finance Ltd
Balance Sheet
As At 30 November 2024
Balance Sheet
Registered number: 09857651

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 516 |  | 690
|  |  | 516 |  | 690
CURRENT ASSETS
Debtors | 5 | 35,258 |  | 63,675 |
Cash at bank and in hand |  | 36,947 |  | 2,080 |
|  | 72,205 |  | 65,755 |
Creditors: Amounts Falling Due Within One Year | 6 | (42,515 ) |  | (36,592 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 29,690 |  | 29,163
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 30,206 |  | 29,853
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (7,970 ) |  | (9,367 )
NET ASSETS |  |  | 22,236 |  | 20,486
CAPITAL AND RESERVES
Called up share capital | 8 |  | 200 |  | 200
Profit and Loss Account |  |  | 22,036 |  | 20,286
SHAREHOLDERS' FUNDS |  |  | 22,236 |  | 20,486

Page 2
Page 3
CN Innovative Finance Ltd
Balance Sheet (continued)
As At 30 November 2024
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 Christopher Naidu Director
19 September 2025

The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
CN Innovative Finance Ltd
Notes to the Financial Statements
For The Year Ended 30 November 2024
Notes to the Financial Statements
1. General Information
CN Innovative Finance Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09857651 . The registered office is CKR House, 70 East Hill, Dartford, Kent, DA1 1RZ.
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:

Fixtures & Fittings | 25% Reducing balance basis
Computer Equipment | 25% Reducing balance basis

2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 4
Page 5
CN Innovative Finance Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2024
4. Tangible Assets

| Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 December 2023 | 340 | 5,376 | 5,716
As at 30 November 2024 | 340 | 5,376 | 5,716
Depreciation
As at 1 December 2023 | 279 | 4,747 | 5,026
Provided during the period | 16 | 158 | 174
As at 30 November 2024 | 295 | 4,905 | 5,200
Net Book Value
As at 30 November 2024 | 45 | 471 | 516
As at 1 December 2023 | 61 | 629 | 690

5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 13,483 |  | 45,990
CNIF Property | 21,775 |  | 17,685
| 35,258 |  | 63,675

6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 1,363 |  | 1,329
Corporation tax | 39,229 |  | 30,752
Accruals and deferred income | 1,900 |  | -
Director's loan account | 23 |  | 211
Sulh Finance Ltd | - |  | 4,300
| 42,515 |  | 36,592

7. Creditors: Amounts Falling Due After More Than One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans | 7,970 |  | 9,367

8. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
100 Ordinary Shares of £ 1.00 each | 100 |  | 100
100 Ordinary B shares of £ 1.00 each | 100 |  | 100
| 200 |  | 200

Page 5
Page 6
CN Innovative Finance Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2024
9. Dividends

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
On equity shares:
Final dividend paid | 114,100 |  | 66,800

Page 6