Acorah Software Products - Accounts Production 19.4.300 false true 30 November 2024 1 December 2023 false 1 December 2024 30 November 2025 30 November 2025 07033026 Mr Ajay Patel Mrs Simaben Patel Mr Ajay Patel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07033026 2024-11-30 07033026 2025-11-30 07033026 2024-12-01 2025-11-30 07033026 frs-core:CurrentFinancialInstruments 2025-11-30 07033026 frs-core:Non-currentFinancialInstruments 2025-11-30 07033026 frs-core:ComputerEquipment 2025-11-30 07033026 frs-core:ComputerEquipment 2024-12-01 2025-11-30 07033026 frs-core:ComputerEquipment 2024-11-30 07033026 frs-core:FurnitureFittings 2025-11-30 07033026 frs-core:FurnitureFittings 2024-12-01 2025-11-30 07033026 frs-core:FurnitureFittings 2024-11-30 07033026 frs-core:NetGoodwill 2025-11-30 07033026 frs-core:NetGoodwill 2024-12-01 2025-11-30 07033026 frs-core:NetGoodwill 2024-11-30 07033026 frs-core:MotorVehicles 2025-11-30 07033026 frs-core:MotorVehicles 2024-12-01 2025-11-30 07033026 frs-core:MotorVehicles 2024-11-30 07033026 frs-core:PlantMachinery 2025-11-30 07033026 frs-core:PlantMachinery 2024-12-01 2025-11-30 07033026 frs-core:PlantMachinery 2024-11-30 07033026 frs-core:ShareCapital 2025-11-30 07033026 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 07033026 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 07033026 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 07033026 frs-bus:SmallEntities 2024-12-01 2025-11-30 07033026 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 07033026 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 07033026 frs-bus:Director1 2024-12-01 2025-11-30 07033026 frs-bus:Director2 2024-12-01 2025-11-30 07033026 frs-bus:CompanySecretary1 2024-12-01 2025-11-30 07033026 frs-countries:EnglandWales 2024-12-01 2025-11-30 07033026 2023-11-30 07033026 2024-11-30 07033026 2023-12-01 2024-11-30 07033026 frs-core:CurrentFinancialInstruments 2024-11-30 07033026 frs-core:Non-currentFinancialInstruments 2024-11-30 07033026 frs-core:ShareCapital 2024-11-30 07033026 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30
Registered number: 07033026
Village Convenience Store Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 07033026
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 15,424 19,509
15,424 19,509
CURRENT ASSETS
Stocks 6 28,153 27,180
Debtors 7 30,708 18,015
Cash at bank and in hand 111,908 140,550
170,769 185,745
Creditors: Amounts Falling Due Within One Year 8 (123,458 ) (89,018 )
NET CURRENT ASSETS (LIABILITIES) 47,311 96,727
TOTAL ASSETS LESS CURRENT LIABILITIES 62,735 116,236
Creditors: Amounts Falling Due After More Than One Year 9 (6,446 ) (16,444 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,952 ) (3,766 )
NET ASSETS 52,337 96,026
CAPITAL AND RESERVES
Called up share capital 10 10 10
Income Statement 52,327 96,016
SHAREHOLDERS' FUNDS 52,337 96,026
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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 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 Income Statement.
On behalf of the board
Mr Ajay Patel
Director
20 August 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Village Convenience Store Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07033026 . The registered office is First Floor, 5-6 Chalice close, Wallington, SM6 9RU.
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 the income statement over its estimated economic life of .... years.
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:
Plant & Machinery 25% reducing balance method
Motor Vehicles 25% reducing balance method
Fixtures & Fittings 25% reducing balance method
Computer Equipment 25% reducing balance method
2.5. 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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2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 9)
8 9
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2024 215,000
As at 30 November 2025 215,000
Amortisation
As at 1 December 2024 215,000
As at 30 November 2025 215,000
Net Book Value
As at 30 November 2025 -
As at 1 December 2024 -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2024 4,012 15,080 62,127 2,183 83,402
As at 30 November 2025 4,012 15,080 62,127 2,183 83,402
Depreciation
As at 1 December 2024 544 11,911 51,184 254 63,893
Provided during the period 867 - 2,736 482 4,085
As at 30 November 2025 1,411 11,911 53,920 736 67,978
Net Book Value
As at 30 November 2025 2,601 3,169 8,207 1,447 15,424
As at 1 December 2024 3,468 3,169 10,943 1,929 19,509
6. Stocks
2025 2024
£ £
Stock 28,153 27,180
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 20,208 4,507
Other debtors 10,500 13,508
30,708 18,015
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 12,143 14,607
Other creditors 66,024 35,115
Taxation and social security 45,291 39,296
123,458 89,018
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9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 6,446 16,444
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
11. Related Party Transactions
Company's principal place of busines Hadham Cross, Hertfordshire SG10 6DE is owned by one of the Director Mr A Patel. Company has paid rent of £40,000 p/a to the director which is accounted as an expense in the profit & loss account. 
The director together with his spouse controlled the company by virtue of controlling interest of 100% of issued ordinary share capital.
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