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 12248602 D T Knight L E Knight iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12248602 2024-11-30 12248602 2025-11-30 12248602 2024-12-01 2025-11-30 12248602 frs-core:CurrentFinancialInstruments 2025-11-30 12248602 frs-core:BetweenOneFiveYears 2025-11-30 12248602 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-11-30 12248602 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-01 2025-11-30 12248602 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-30 12248602 frs-core:PlantMachinery 2025-11-30 12248602 frs-core:PlantMachinery 2024-12-01 2025-11-30 12248602 frs-core:PlantMachinery 2024-11-30 12248602 frs-core:WithinOneYear 2025-11-30 12248602 frs-core:ShareCapital 2025-11-30 12248602 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 12248602 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 12248602 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 12248602 frs-bus:SmallEntities 2024-12-01 2025-11-30 12248602 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 12248602 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 12248602 frs-bus:Director1 2024-12-01 2025-11-30 12248602 frs-bus:Director2 2024-12-01 2025-11-30 12248602 frs-countries:EnglandWales 2024-12-01 2025-11-30 12248602 2023-11-30 12248602 2024-11-30 12248602 2023-12-01 2024-11-30 12248602 frs-core:CurrentFinancialInstruments 2024-11-30 12248602 frs-core:BetweenOneFiveYears 2024-11-30 12248602 frs-core:MoreThanFiveYears 2024-11-30 12248602 frs-core:WithinOneYear 2024-11-30 12248602 frs-core:ShareCapital 2024-11-30 12248602 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30
Registered number: 12248602
Steyning Village Stores Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
R Best & Co Ltd
Office 6
7 - 11 High Street
Reigate
Surrey
RH2 9AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12248602
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 508,384 586,946
508,384 586,946
CURRENT ASSETS
Stocks 5 113,784 107,185
Debtors 6 592,456 145,691
Cash at bank and in hand 69,692 347,569
775,932 600,445
Creditors: Amounts Falling Due Within One Year 7 (1,151,015 ) (1,109,874 )
NET CURRENT ASSETS (LIABILITIES) (375,083 ) (509,429 )
TOTAL ASSETS LESS CURRENT LIABILITIES 133,301 77,517
PROVISIONS FOR LIABILITIES
Deferred Taxation (50,242 ) (49,305 )
NET ASSETS 83,059 28,212
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 82,959 28,112
SHAREHOLDERS' FUNDS 83,059 28,212
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 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
D T Knight
Director
L E Knight
Director
28 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
Steyning Village Stores Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12248602 . The registered office is Office 6, 7-11 High Street, Reigate, Surrey, RH2 9AA.
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:
Leasehold Over the term of the lease
Plant & Machinery 10% straight line
2.4. 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.
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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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: 17 (2024: 19)
17 19
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 December 2024 785,284 153,414 938,698
Additions 20,737 - 20,737
As at 30 November 2025 806,021 153,414 959,435
Depreciation
As at 1 December 2024 310,757 40,995 351,752
Provided during the period 83,958 15,341 99,299
As at 30 November 2025 394,715 56,336 451,051
Net Book Value
As at 30 November 2025 411,306 97,078 508,384
As at 1 December 2024 474,527 112,419 586,946
5. Stocks
2025 2024
£ £
Stock 113,784 107,185
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 26,355 22,246
Other debtors 432,801 29,065
459,156 51,311
Due after more than one year
Amounts owed by participating interests 133,300 94,380
592,456 145,691
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 179,170 174,506
Amounts owed to participating interests 904,300 904,300
Other creditors 23,706 22,057
Taxation and social security 43,839 9,011
1,151,015 1,109,874
8. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 28,500 28,500
Later than one year and not later than five years 104,500 114,000
Later than five years - 19,000
133,000 161,500
Page 5