Acorah Software Products - Accounts Production 14.5.501 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 07384627 Mr Paul Pashley Mrs Charlotte Rebecca Elizabeth Pashley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07384627 2022-09-30 07384627 2023-09-30 07384627 2022-10-01 2023-09-30 07384627 frs-core:Non-currentFinancialInstruments 2023-09-30 07384627 frs-core:NetGoodwill 2022-10-01 2023-09-30 07384627 frs-core:PlantMachinery 2022-10-01 2023-09-30 07384627 frs-core:ShareCapital 2023-09-30 07384627 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 07384627 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 07384627 frs-bus:AbridgedAccounts 2022-10-01 2023-09-30 07384627 frs-bus:SmallEntities 2022-10-01 2023-09-30 07384627 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 07384627 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 07384627 frs-bus:Director1 2022-10-01 2023-09-30 07384627 frs-bus:CompanySecretary1 2022-10-01 2023-09-30 07384627 frs-countries:EnglandWales 2022-10-01 2023-09-30 07384627 2021-09-30 07384627 2022-09-30 07384627 2021-10-01 2022-09-30 07384627 frs-core:Non-currentFinancialInstruments 2022-09-30 07384627 frs-core:ShareCapital 2022-09-30 07384627 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 07384627
Paul Pashley Limited
ABRIDGED Financial Statements
For The Year Ended 30 September 2023
Fawbert Adams Limited
Chartered Accountants
43 Clarence Road
Chesterfield
Derbyshire
S40 1LQ
Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 07384627
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 23,300 23,300
Tangible Assets 5 1,713 2,569
25,013 25,869
CURRENT ASSETS
Stocks 5,500 5,500
Debtors 500 500
Cash at bank and in hand 9,382 4,547
15,382 10,547
Creditors: Amounts Falling Due Within One Year (34,047 ) (19,994 )
NET CURRENT ASSETS (LIABILITIES) (18,665 ) (9,447 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,348 16,422
Creditors: Amounts Falling Due After More Than One Year (51,408 ) (75,224 )
NET LIABILITIES (45,060 ) (58,802 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (45,061 ) (58,803 )
SHAREHOLDERS' FUNDS (45,060) (58,802)
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Page 2
For the year ending 30 September 2023 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 September 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Paul Pashley
Director
4 April 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Paul Pashley Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07384627 . The registered office is Unit 3, Whitting Valley Road, Chesterfield, Derbyshire, S41 9EY.
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 profit and loss account 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% on reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
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4. Intangible Assets
Total
£
Cost
As at 1 October 2022 51,000
As at 30 September 2023 51,000
Amortisation
As at 1 October 2022 27,700
As at 30 September 2023 27,700
Net Book Value
As at 30 September 2023 23,300
As at 1 October 2022 23,300
5. Tangible Assets
Total
£
Cost
As at 1 October 2022 18,841
As at 30 September 2023 18,841
Depreciation
As at 1 October 2022 16,272
Provided during the period 856
As at 30 September 2023 17,128
Net Book Value
As at 30 September 2023 1,713
As at 1 October 2022 2,569
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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