Acorah Software Products - Accounts Production 19.3.600 false true 30 November 2024 1 December 2023 false 1 December 2024 30 November 2025 30 November 2025 13044220 Mr Hugo Scott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13044220 2024-11-30 13044220 2025-11-30 13044220 2024-12-01 2025-11-30 13044220 frs-core:CurrentFinancialInstruments 2025-11-30 13044220 frs-core:ComputerEquipment 2025-11-30 13044220 frs-core:ComputerEquipment 2024-12-01 2025-11-30 13044220 frs-core:ComputerEquipment 2024-11-30 13044220 frs-core:PlantMachinery 2025-11-30 13044220 frs-core:PlantMachinery 2024-12-01 2025-11-30 13044220 frs-core:PlantMachinery 2024-11-30 13044220 frs-core:ShareCapital 2025-11-30 13044220 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 13044220 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 13044220 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 13044220 frs-bus:SmallEntities 2024-12-01 2025-11-30 13044220 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 13044220 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 13044220 frs-core:ListedExchangeTraded 2025-11-30 13044220 frs-core:ListedExchangeTraded 2024-11-30 13044220 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-11-30 13044220 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2025-11-30 13044220 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2025-11-30 13044220 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-11-30 13044220 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-11-30 13044220 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-11-30 13044220 frs-bus:Director1 2024-12-01 2025-11-30 13044220 frs-bus:Director1 2024-11-30 13044220 frs-bus:Director1 2025-11-30 13044220 frs-countries:EnglandWales 2024-12-01 2025-11-30 13044220 2023-11-30 13044220 2024-11-30 13044220 2023-12-01 2024-11-30 13044220 frs-core:CurrentFinancialInstruments 2024-11-30 13044220 frs-core:ShareCapital 2024-11-30 13044220 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30
Registered number: 13044220
Glebe House Projects Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13044220
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,779 1,948
Investments 5 2,000,000 2,000,000
2,001,779 2,001,948
CURRENT ASSETS
Debtors 6 11,076 38,400
Cash at bank and in hand 106,375 423,639
117,451 462,039
Creditors: Amounts Falling Due Within One Year 7 721 (189,517 )
NET CURRENT ASSETS (LIABILITIES) 118,172 272,522
TOTAL ASSETS LESS CURRENT LIABILITIES 2,119,951 2,274,470
PROVISIONS FOR LIABILITIES
Deferred Taxation (445 ) (487 )
NET ASSETS 2,119,506 2,273,983
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 2,119,406 2,273,883
SHAREHOLDERS' FUNDS 2,119,506 2,273,983
Page 1
Page 2
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 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 Hugo Scott
Director
18/08/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Glebe House Projects Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13044220 . The registered office is 7 Bell Yard, London, WC2A 2JR.
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:
Plant & Machinery 25% RBM
Computer Equipment 25% RBM
2.4. 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.
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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 December 2024 4,055 406 4,461
Additions - 424 424
As at 30 November 2025 4,055 830 4,885
Depreciation
As at 1 December 2024 2,235 278 2,513
Provided during the period 455 138 593
As at 30 November 2025 2,690 416 3,106
Net Book Value
As at 30 November 2025 1,365 414 1,779
As at 1 December 2024 1,820 128 1,948
5. Investments
Listed
£
Cost or Valuation
As at 1 December 2024 2,000,000
Additions 314,000
Disposals (314,000 )
As at 30 November 2025 2,000,000
Provision
As at 1 December 2024 -
As at 30 November 2025 -
Net Book Value
As at 30 November 2025 2,000,000
As at 1 December 2024 2,000,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 38,400
VAT 1,014 -
Other taxes and social security 92 -
Director's loan account 9,970 -
11,076 38,400
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 294 258
Corporation tax (6,915 ) 153,998
VAT - 30,077
Other creditors 2,950 2,048
Accruals and deferred income 2,950 2,950
Director's loan account - 186
(721 ) 189,517
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2024 Amounts advanced Amounts repaid Amounts written off As at 30 November 2025
£ £ £ £ £
Mr Hugo Scott 186 150,361 (160,517 ) - (9,970 )
The above loan is unsecured, interest free and repayable on demand.
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