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 10464168 Mr Harjinder Gondal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10464168 2024-11-30 10464168 2025-11-30 10464168 2024-12-01 2025-11-30 10464168 frs-core:CurrentFinancialInstruments 2025-11-30 10464168 frs-core:Non-currentFinancialInstruments 2025-11-30 10464168 frs-core:ComputerEquipment 2025-11-30 10464168 frs-core:ComputerEquipment 2024-12-01 2025-11-30 10464168 frs-core:ComputerEquipment 2024-11-30 10464168 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-11-30 10464168 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-01 2025-11-30 10464168 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 10464168 frs-core:PlantMachinery 2025-11-30 10464168 frs-core:PlantMachinery 2024-12-01 2025-11-30 10464168 frs-core:PlantMachinery 2024-11-30 10464168 frs-core:ShareCapital 2025-11-30 10464168 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 10464168 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 10464168 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 10464168 frs-bus:SmallEntities 2024-12-01 2025-11-30 10464168 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 10464168 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 10464168 frs-bus:Director1 2024-12-01 2025-11-30 10464168 frs-core:CurrentFinancialInstruments 5 2025-11-30 10464168 frs-countries:EnglandWales 2024-12-01 2025-11-30 10464168 2023-11-30 10464168 2024-11-30 10464168 2023-12-01 2024-11-30 10464168 frs-core:CurrentFinancialInstruments 2024-11-30 10464168 frs-core:Non-currentFinancialInstruments 2024-11-30 10464168 frs-core:ShareCapital 2024-11-30 10464168 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 10464168 frs-core:CurrentFinancialInstruments 5 2024-11-30
Registered number: 10464168
HSG Next Level Property Ltd
Financial Statements
For The Year Ended 30 November 2025
Shabbir & Co
Chartered Certified Accountants
248 Brockley Road
London
SE4 2SF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10464168
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 472,940 473,353
472,940 473,353
CURRENT ASSETS
Cash at bank and in hand 10,227 3,697
10,227 3,697
Creditors: Amounts Falling Due Within One Year 5 (241,618 ) (250,367 )
NET CURRENT ASSETS (LIABILITIES) (231,391 ) (246,670 )
TOTAL ASSETS LESS CURRENT LIABILITIES 241,549 226,683
Creditors: Amounts Falling Due After More Than One Year 6 (212,911 ) (212,911 )
NET ASSETS 28,638 13,772
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 28,538 13,672
SHAREHOLDERS' FUNDS 28,638 13,772
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 Harjinder Gondal
Director
21st August 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
HSG Next Level Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10464168 . The registered office is 248 Brockley Road, Brockley, London, SE4 2SF.
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.
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 0%
Plant & Machinery 20% Reducing Balance Method
Computer Equipment 20% Reducing Balance Method
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 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.
...CONTINUED
Page 3
Page 4
2.4. Taxation - continued
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: 1 (2024: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2024 471,286 963 3,847 476,096
As at 30 November 2025 471,286 963 3,847 476,096
Depreciation
As at 1 December 2024 - 347 2,396 2,743
Provided during the period - 123 290 413
As at 30 November 2025 - 470 2,686 3,156
Net Book Value
As at 30 November 2025 471,286 493 1,161 472,940
As at 1 December 2024 471,286 616 1,451 473,353
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 -
Corporation tax 3,584 2,355
Deposits Held 1,281 1,281
Accruals and deferred income 1,337 1,296
Director's loan account 235,415 245,435
241,618 250,367
Page 4
Page 5
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 212,911 212,911
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5