Acorah Software Products - Accounts Production 18.1.170 false true 30 November 2024 1 December 2023 false 1 December 2024 30 November 2025 30 November 2025 05284951 Mr James Hough iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05284951 2024-11-30 05284951 2025-11-30 05284951 2024-12-01 2025-11-30 05284951 frs-core:CurrentFinancialInstruments 2025-11-30 05284951 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-11-30 05284951 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-01 2025-11-30 05284951 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 05284951 frs-core:PlantMachinery 2025-11-30 05284951 frs-core:PlantMachinery 2024-12-01 2025-11-30 05284951 frs-core:PlantMachinery 2024-11-30 05284951 frs-core:ShareCapital 2025-11-30 05284951 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 05284951 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 05284951 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 05284951 frs-bus:SmallEntities 2024-12-01 2025-11-30 05284951 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 05284951 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 05284951 frs-bus:Director1 2024-12-01 2025-11-30 05284951 frs-countries:EnglandWales 2024-12-01 2025-11-30 05284951 2023-11-30 05284951 2024-11-30 05284951 2023-12-01 2024-11-30 05284951 frs-core:CurrentFinancialInstruments 2024-11-30 05284951 frs-core:ShareCapital 2024-11-30 05284951 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30
Registered number: 05284951
Hough & Co. Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
Goodwins
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05284951
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 242,492 229,144
242,492 229,144
CURRENT ASSETS
Debtors 5 13,285 11,487
Cash at bank and in hand 103,641 219,495
116,926 230,982
Creditors: Amounts Falling Due Within One Year 6 (116,069 ) (229,121 )
NET CURRENT ASSETS (LIABILITIES) 857 1,861
TOTAL ASSETS LESS CURRENT LIABILITIES 243,349 231,005
NET ASSETS 243,349 231,005
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 243,249 230,905
SHAREHOLDERS' FUNDS 243,349 231,005
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 James Hough
Director
18/08/2026
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
Hough & Co. Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05284951 . The registered office is 5 St John Street, Lichfield, Staffordshire, WS13 6NU.
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 No depreciation
Plant & Machinery 25% reducing balance
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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 December 2024 90,000 205,229 295,229
Additions - 18,389 18,389
As at 30 November 2025 90,000 223,618 313,618
Depreciation
As at 1 December 2024 - 66,085 66,085
Provided during the period - 5,041 5,041
As at 30 November 2025 - 71,126 71,126
Net Book Value
As at 30 November 2025 90,000 152,492 242,492
As at 1 December 2024 90,000 139,144 229,144
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 13,285 11,487
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 204 3,246
Bank loans and overdrafts 1,362 2,761
Other loans 7,437 17,661
Other creditors 100,359 193,447
Taxation and social security 6,707 12,006
116,069 229,121
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4