Acorah Software Products - Accounts Production 14.5.601 false true 1 September 2022 2 September 2021 false 2 September 2022 1 September 2023 1 September 2023 10879470 Mr Peter Rushton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10879470 2022-09-01 10879470 2023-09-01 10879470 2022-09-02 2023-09-01 10879470 frs-core:Non-currentFinancialInstruments 2023-09-01 10879470 frs-core:ComputerEquipment 2022-09-02 2023-09-01 10879470 frs-core:FurnitureFittings 2022-09-02 2023-09-01 10879470 frs-core:MotorVehicles 2022-09-02 2023-09-01 10879470 frs-core:ShareCapital 2023-09-01 10879470 frs-core:RetainedEarningsAccumulatedLosses 2023-09-01 10879470 frs-bus:PrivateLimitedCompanyLtd 2022-09-02 2023-09-01 10879470 frs-bus:AbridgedAccounts 2022-09-02 2023-09-01 10879470 frs-bus:SmallEntities 2022-09-02 2023-09-01 10879470 frs-bus:AuditExempt-NoAccountantsReport 2022-09-02 2023-09-01 10879470 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-02 2023-09-01 10879470 frs-bus:Director1 2022-09-02 2023-09-01 10879470 frs-countries:EnglandWales 2022-09-02 2023-09-01 10879470 2021-09-01 10879470 2022-09-01 10879470 2021-09-02 2022-09-01 10879470 frs-core:Non-currentFinancialInstruments 2022-09-01 10879470 frs-core:ShareCapital 2022-09-01 10879470 frs-core:RetainedEarningsAccumulatedLosses 2022-09-01
Registered number: 10879470
Pete-R Design Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 1 September 2023
Unaudited Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 10879470
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 3,974 4,383
3,974 4,383
CURRENT ASSETS
Debtors 43,594 30,579
Cash at bank and in hand 9,473 27,293
53,067 57,872
Creditors: Amounts Falling Due Within One Year (23,608 ) (15,330 )
NET CURRENT ASSETS (LIABILITIES) 29,459 42,542
TOTAL ASSETS LESS CURRENT LIABILITIES 33,433 46,925
Creditors: Amounts Falling Due After More Than One Year (11,180 ) (18,187 )
NET ASSETS 22,253 28,738
CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and Loss Account 22,251 28,736
SHAREHOLDERS' FUNDS 22,253 28,738
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For the year ending 1 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 1 September 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Peter Rushton
Director
12/02/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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 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.
1.3. 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:
Motor Vehicles 25% on WDV
Fixtures & Fittings 25% on WDV
Computer Equipment 25% on WDV
1.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current tax for the year is recognised in profit or loss, except when related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2022: 2)
2 2
3. Tangible Assets
Total
£
Cost
As at 2 September 2022 7,395
Additions 863
As at 1 September 2023 8,258
Depreciation
As at 2 September 2022 3,012
Provided during the period 1,272
As at 1 September 2023 4,284
Net Book Value
As at 1 September 2023 3,974
As at 2 September 2022 4,383
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4. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
5. General Information
Pete-R Design Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10879470 . The registered office is Olympus House, 2 Howley Park Pullan Way, Leeds, West Yorkshire, LS27 0BZ.
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