Acorah Software Products - Accounts Production 19.3.550 false true 30 November 2024 1 December 2023 false 1 December 2024 30 November 2025 30 November 2025 11780276 Mr Tyrone Gericke Mr Paul Greenwood Mr Ian Squires iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11780276 2024-11-30 11780276 2025-11-30 11780276 2024-12-01 2025-11-30 11780276 frs-core:CurrentFinancialInstruments 2025-11-30 11780276 frs-core:Non-currentFinancialInstruments 2025-11-30 11780276 frs-core:BetweenOneFiveYears 2025-11-30 11780276 frs-core:ComputerEquipment 2025-11-30 11780276 frs-core:ComputerEquipment 2024-12-01 2025-11-30 11780276 frs-core:ComputerEquipment 2024-11-30 11780276 frs-core:FurnitureFittings 2025-11-30 11780276 frs-core:FurnitureFittings 2024-12-01 2025-11-30 11780276 frs-core:FurnitureFittings 2024-11-30 11780276 frs-core:NetGoodwill 2025-11-30 11780276 frs-core:NetGoodwill 2024-12-01 2025-11-30 11780276 frs-core:NetGoodwill 2024-11-30 11780276 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-11-30 11780276 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-01 2025-11-30 11780276 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-30 11780276 frs-core:MoreThanFiveYears 2025-11-30 11780276 frs-core:MotorVehicles 2025-11-30 11780276 frs-core:MotorVehicles 2024-12-01 2025-11-30 11780276 frs-core:MotorVehicles 2024-11-30 11780276 frs-core:PlantMachinery 2025-11-30 11780276 frs-core:PlantMachinery 2024-12-01 2025-11-30 11780276 frs-core:PlantMachinery 2024-11-30 11780276 frs-core:WithinOneYear 2025-11-30 11780276 frs-core:RevaluationReserve 2024-12-01 2025-11-30 11780276 frs-core:RevaluationReserve 2024-11-30 11780276 frs-core:RevaluationReserve 2025-11-30 11780276 frs-core:SharePremium 2024-11-30 11780276 frs-core:SharePremium 2025-11-30 11780276 frs-core:ShareCapital 2025-11-30 11780276 frs-core:RetainedEarningsAccumulatedLosses 2024-12-01 2025-11-30 11780276 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-11-30 11780276 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 11780276 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 11780276 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 11780276 frs-bus:SmallEntities 2024-12-01 2025-11-30 11780276 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 11780276 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 11780276 frs-bus:Director1 2024-12-01 2025-11-30 11780276 frs-bus:Director2 2024-12-01 2025-11-30 11780276 frs-bus:Director3 2024-12-01 2025-11-30 11780276 frs-countries:EnglandWales 2024-12-01 2025-11-30 11780276 2023-11-30 11780276 2024-11-30 11780276 2023-12-01 2024-11-30 11780276 frs-core:CurrentFinancialInstruments 2024-11-30 11780276 frs-core:Non-currentFinancialInstruments 2024-11-30 11780276 frs-core:BetweenOneFiveYears 2024-11-30 11780276 frs-core:MoreThanFiveYears 2024-11-30 11780276 frs-core:MotorVehicles 2023-12-01 2024-11-30 11780276 frs-core:PlantMachinery 2023-12-01 2024-11-30 11780276 frs-core:WithinOneYear 2024-11-30 11780276 frs-core:RevaluationReserve 2024-11-30 11780276 frs-core:SharePremium 2024-11-30 11780276 frs-core:ShareCapital 2024-11-30 11780276 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30
Registered number: 11780276
Casalee Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2025
Poolemead Accountants (Winchester) Ltd
Chartered Accountants & Business Advisors
Tremain House
8 Maple Drive
Winchester
Hampshire
SO23 7NG
Balance Sheet
Registered number: 11780276
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 225,000 167
Tangible Assets 5 423,769 135,689
648,769 135,856
CURRENT ASSETS
Stocks 6 567,374 12,651
Debtors 7 279,339 121,913
Cash at bank and in hand 246,776 111,218
1,093,489 245,782
Creditors: Amounts Falling Due Within One Year 8 (568,961 ) (155,498 )
NET CURRENT ASSETS (LIABILITIES) 524,528 90,284
TOTAL ASSETS LESS CURRENT LIABILITIES 1,173,297 226,140
Creditors: Amounts Falling Due After More Than One Year 9 (917,532 ) (140,584 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,841 ) -
NET ASSETS 250,924 85,556
CAPITAL AND RESERVES
Called up share capital 11 80,186 53,246
Share premium account 97,019 23,959
Revaluation reserve 13 89,493 17,318
Profit and Loss Account (15,774 ) (8,967 )
SHAREHOLDERS' FUNDS 250,924 85,556
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For the year ending 30 November 2025 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 Paul Greenwood
Director
30/07/2026
The notes on pages 2 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Casalee Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11780276 . The registered office is Rowan Industrial Estate Unit 4, Mill Lane, Alton, Hampshire, GU34 2NQ.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of ten years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost or revalued amount 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:
Leasehold 10% on cost
Plant & Machinery 25% on cost or revalued amount
Motor Vehicles 25% on cost
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
Plant and machinery assets have been revalued in the course of the year. Plant and machinery have been included in the accounts at the revalued amount and the revaluation surplus taken to the revaluation reserve.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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.
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2.7. 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 year 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 asset reflects 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 or deferred 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 and deferred 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 as follows:
2025 2024
Office and administration 7 1
Sales, marketing and distribution 21 6
28 7
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2024 5,000
Additions 250,000
As at 30 November 2025 255,000
Amortisation
As at 1 December 2024 4,833
Provided during the period 25,167
As at 30 November 2025 30,000
Net Book Value
As at 30 November 2025 225,000
As at 1 December 2024 167
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost or Valuation
As at 1 December 2024 1 114,180 142,507 -
Additions 13,549 300,152 40,021 12,512
As at 30 November 2025 13,550 414,332 182,528 12,512
Depreciation
As at 1 December 2024 - 78,817 42,182 -
Provided during the period 1,355 66,145 45,585 2,700
As at 30 November 2025 1,355 144,962 87,767 2,700
Net Book Value
As at 30 November 2025 12,195 269,370 94,761 9,812
As at 1 December 2024 1 35,363 100,325 -
Computer Equipment Total
£ £
Cost or Valuation
As at 1 December 2024 340 257,028
Additions 48,431 414,665
As at 30 November 2025 48,771 671,693
Depreciation
As at 1 December 2024 340 121,339
Provided during the period 10,800 126,585
As at 30 November 2025 11,140 247,924
Net Book Value
As at 30 November 2025 37,631 423,769
As at 1 December 2024 - 135,689
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Plant & Machinery - 35,363
Motor Vehicles 73,313 97,750
73,313 133,113
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6. Stocks
2025 2024
£ £
Finished goods 567,374 12,651
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 184,952 32,387
Prepayments and accrued income 34,786 32,484
Other debtors 59,601 57,042
279,339 121,913
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 11,794 14,393
Trade creditors 322,354 93,968
Bank loans and overdrafts 71,371 12,499
Other taxes and social security 30,423 7,438
VAT 80,954 12,704
Other creditors Pensions payable 48,552 11,496
Accruals and deferred income 3,513 3,000
568,961 155,498
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 73,568 114,741
Bank loans 429,362 25,843
Other loans 414,602 -
917,532 140,584
The company received a Governement Bounce Back Loan of £50,000. The loan was interest free for the first 12 months, interest being charged at 2.5% for the remainder of the loan. The loan is repayable over 10 years and is secured by the government loan guarantee under the terms of the BBL scheme.
In the course of the year the company borrowed £484,500 from Allica Bank Ltd at a rate of 8.4%, repayable over 6 years and secured by a fixed and floating charge on the assets of the company.
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10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 11,794 14,393
Later than one year and not later than five years 73,568 114,741
85,362 129,134
85,362 129,134
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 80,186 53,246
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 159,200 71,000
Later than one year and not later than five years 636,800 284,000
Later than five years 380,200 213,000
1,176,200 568,000
The financial obligations arise from the occupation of their leasehold premises at Rowan Park Industrial Estate and Greenwood Farm, Alton.
13. Reserves
Share Premium Revaluation reserve Profit and Loss Account
£ £ £
As at 1 December 2024 23,959 17,318 (8,967 )
Loss for year - - (6,807)
Surplus on revaluation - 72,175 -
Other comprehensive income for the year - 72,175 -
Total comprehensive income for the year - 72,175 (6,807 )
Arising on shares issued during the period 73,060 - -
As at 30 November 2025 97,019 89,493 (15,774 )
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