Acorah Software Products - Accounts Production 16.5.460 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 11668206 Ms Margaryta Sivakova Mr Nestor Dubnevych the directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11668206 2023-11-30 11668206 2024-11-30 11668206 2023-12-01 2024-11-30 11668206 frs-core:CurrentFinancialInstruments 2024-11-30 11668206 frs-core:ComputerEquipment 2024-11-30 11668206 frs-core:ComputerEquipment 2023-12-01 2024-11-30 11668206 frs-core:ComputerEquipment 2023-11-30 11668206 frs-core:ShareCapital 2024-11-30 11668206 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 11668206 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11668206 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 11668206 frs-bus:SmallEntities 2023-12-01 2024-11-30 11668206 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11668206 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11668206 1 2023-12-01 2024-11-30 11668206 frs-bus:Director1 2023-12-01 2024-11-30 11668206 frs-bus:Director2 2023-12-01 2024-11-30 11668206 frs-countries:EnglandWales 2023-12-01 2024-11-30 11668206 2022-11-30 11668206 2023-11-30 11668206 2022-12-01 2023-11-30 11668206 frs-core:CurrentFinancialInstruments 2023-11-30 11668206 frs-core:ShareCapital 2023-11-30 11668206 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 11668206
Legal Nodes Ltd
Financial Statements
For The Year Ended 30 November 2024
Legal Nodes Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
Legal Nodes Ltd
Balance Sheet
As At 30 November 2024
Balance Sheet
Registered number: 11668206

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 821 |  | -
|  |  | 821 |  | -
CURRENT ASSETS
Debtors | 5 | 42,236 |  | 16,331 |
Cash at bank and in hand |  | 174,825 |  | 77,894 |
|  | 217,061 |  | 94,225 |
Creditors: Amounts Falling Due Within One Year | 6 | (559,360 ) |  | (471,871 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (342,299 ) |  | (377,646 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (341,478 ) |  | (377,646 )
NET LIABILITIES |  |  | (341,478 ) |  | (377,646 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Profit and Loss Account |  |  | (341,578 ) |  | (377,746 )
SHAREHOLDERS' FUNDS |  |  | (341,478) |  | (377,646)

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 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 Margaryta Sivakova Director
7 November 2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Legal Nodes Ltd
Notes to the Financial Statements
For The Year Ended 30 November 2024
Notes to the Financial Statements
1. General Information
Legal Nodes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11668206 . The registered office is Office 2, Bennet's House, 21 Leyton Road, Harpenden, Hertfordshire, AL5 2HU.
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 due to continued support of investors in the form of convertible loans.
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:

Computer Equipment | 4yrs SL

2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 December 2023 | -
Additions | 916
As at 30 November 2024 | 916

...CONTINUED
Page 2
Page 3
Legal Nodes Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2024

Depreciation
As at 1 December 2023 | -
Provided during the period | 95
As at 30 November 2024 | 95
Net Book Value
As at 30 November 2024 | 821
As at 1 December 2023 | -

5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 41,515 |  | 16,231
Prepayments and accrued income | 621 |  | -
Called up share capital not paid | 100 |  | 100
| 42,236 |  | 16,331

6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 1,359 |  | 4,088
Other taxes and social security | - |  | 52
VAT | 4,180 |  | 4,105
Other creditors | 553,821 |  | 463,626
| 559,360 |  | 471,871

Included within the other creditors are:
a. £84,048.74 on convertible investment received (inclusive of accrued interest) which has yet to convert into equity (2023:£72,421.60). This convertible loan matured on 10 September 2023, bearing interest at 5% per annum, payable in cash upon redemption or, if converted, capitalised and settled in shares at the time of conversion.
This loan is convertible into ordinary shares of the company upon the occurrence of a Qualified Financing event, defined as a fundraising of at least USD $250,000, or at the discretion of the noteholders after the maturity date. As at the reporting date, no qualifying conversion event has occurred, and the loan remains outstanding.
b. £469,772.44 on Advanced Subscription Agreements (2023:£391,204).
7. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Called Up Share Capital not Paid | 100 |  | 100
Amount of Allotted, Called Up Share Capital | 100 |  | 100

8. Reserves
9. Ultimate Controlling Party
The company's ultimate controlling party is the directors by virtue of their ownership of 66% of the issued share capital in the company.
Page 3