Acorah Software Products - Accounts Production 16.5.460 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 08740217 Mr Barry Thomas Mrs Georgia-Katie Thomas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08740217 2023-10-31 08740217 2024-10-31 08740217 2023-11-01 2024-10-31 08740217 frs-core:CurrentFinancialInstruments 2024-10-31 08740217 frs-core:Non-currentFinancialInstruments 2024-10-31 08740217 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 08740217 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08740217 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 08740217 frs-core:PlantMachinery 2024-10-31 08740217 frs-core:PlantMachinery 2023-11-01 2024-10-31 08740217 frs-core:PlantMachinery 2023-10-31 08740217 frs-core:ShareCapital 2024-10-31 08740217 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 08740217 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08740217 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 08740217 frs-bus:SmallEntities 2023-11-01 2024-10-31 08740217 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08740217 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 08740217 frs-bus:Director1 2023-11-01 2024-10-31 08740217 frs-bus:Director2 2023-11-01 2024-10-31 08740217 frs-countries:EnglandWales 2023-11-01 2024-10-31 08740217 2022-10-31 08740217 2023-10-31 08740217 2022-11-01 2023-10-31 08740217 frs-core:CurrentFinancialInstruments 2023-10-31 08740217 frs-core:Non-currentFinancialInstruments 2023-10-31 08740217 frs-core:ShareCapital 2023-10-31 08740217 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 08740217
Crag 2 Mountain Ltd
Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08740217
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 66,338 65,593
66,338 65,593
CURRENT ASSETS
Debtors 5 24,833 887
Cash at bank and in hand 17,494 51,380
42,327 52,267
Creditors: Amounts Falling Due Within One Year 6 (10,186 ) (29,457 )
NET CURRENT ASSETS (LIABILITIES) 32,141 22,810
TOTAL ASSETS LESS CURRENT LIABILITIES 98,479 88,403
Creditors: Amounts Falling Due After More Than One Year 7 (1,552 ) (4,131 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (12,192 ) (12,192 )
NET ASSETS 84,735 72,080
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 84,734 72,079
SHAREHOLDERS' FUNDS 84,735 72,080
Page 1
Page 2
For the year ending 31 October 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 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 Barry Thomas
Director
31st October 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Crag 2 Mountain Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08740217 . The registered office is 6 Bellever Close, Princetown, Yelverton, Devon, PL20 6RT.
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 Nil
Plant & Machinery 33% on cost
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 November 2023 64,829 7,099 71,928
Additions - 2,248 2,248
As at 31 October 2024 64,829 9,347 74,176
Depreciation
As at 1 November 2023 - 6,335 6,335
Provided during the period - 1,503 1,503
As at 31 October 2024 - 7,838 7,838
Net Book Value
As at 31 October 2024 64,829 1,509 66,338
As at 1 November 2023 64,829 764 65,593
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,010 111
Other debtors 23,823 776
24,833 887
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 130 60
Bank loans and overdrafts 2,578 22,553
Other creditors 4,975 5,515
Taxation and social security 2,503 1,329
10,186 29,457
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,552 4,131
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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