Acorah Software Products - Accounts Production 14.5.601 false true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 05549299 Mr Peter Blake Mrs Karen Blake Mrs Karen Blake iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05549299 2022-08-31 05549299 2023-08-31 05549299 2022-09-01 2023-08-31 05549299 frs-core:CurrentFinancialInstruments 2023-08-31 05549299 frs-core:Non-currentFinancialInstruments 2023-08-31 05549299 frs-core:BetweenOneFiveYears 2023-08-31 05549299 frs-core:ComputerEquipment 2023-08-31 05549299 frs-core:ComputerEquipment 2022-09-01 2023-08-31 05549299 frs-core:ComputerEquipment 2022-08-31 05549299 frs-core:NetGoodwill 2023-08-31 05549299 frs-core:NetGoodwill 2022-09-01 2023-08-31 05549299 frs-core:NetGoodwill 2022-08-31 05549299 frs-core:MotorVehicles 2023-08-31 05549299 frs-core:MotorVehicles 2022-09-01 2023-08-31 05549299 frs-core:MotorVehicles 2022-08-31 05549299 frs-core:PlantMachinery 2023-08-31 05549299 frs-core:PlantMachinery 2022-09-01 2023-08-31 05549299 frs-core:PlantMachinery 2022-08-31 05549299 frs-core:WithinOneYear 2023-08-31 05549299 frs-core:ShareCapital 2023-08-31 05549299 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 05549299 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 05549299 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 05549299 frs-bus:SmallEntities 2022-09-01 2023-08-31 05549299 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 05549299 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 05549299 frs-bus:Director1 2022-09-01 2023-08-31 05549299 frs-bus:Director2 2022-09-01 2023-08-31 05549299 frs-bus:CompanySecretary1 2022-09-01 2023-08-31 05549299 frs-countries:EnglandWales 2022-09-01 2023-08-31 05549299 2021-08-31 05549299 2022-08-31 05549299 2021-09-01 2022-08-31 05549299 frs-core:CurrentFinancialInstruments 2022-08-31 05549299 frs-core:Non-currentFinancialInstruments 2022-08-31 05549299 frs-core:BetweenOneFiveYears 2022-08-31 05549299 frs-core:WithinOneYear 2022-08-31 05549299 frs-core:ShareCapital 2022-08-31 05549299 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31 05549299 frs-core:CurrentFinancialInstruments 1 2022-08-31
Registered number: 05549299
P.A. Blake Limited
Unaudited Financial Statements
For The Year Ended 31 August 2023
Simpson Associates
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05549299
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 1,288
Tangible Assets 5 25,927 10,782
25,927 12,070
CURRENT ASSETS
Stocks 6 2,750 2,750
Debtors 7 2,497 9,170
Cash at bank and in hand 16,581 16,727
21,828 28,647
Creditors: Amounts Falling Due Within One Year 8 (22,460 ) (24,501 )
NET CURRENT ASSETS (LIABILITIES) (632 ) 4,146
TOTAL ASSETS LESS CURRENT LIABILITIES 25,295 16,216
Creditors: Amounts Falling Due After More Than One Year 9 (12,430 ) (5,320 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,926 ) (2,049 )
NET ASSETS 7,939 8,847
CAPITAL AND RESERVES
Called up share capital 11 2 2
Profit and Loss Account 7,937 8,845
SHAREHOLDERS' FUNDS 7,939 8,847
Page 1
Page 2
For the year ending 31 August 2023 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
Mr Peter Blake
Director
06/04/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
P.A. Blake Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05549299 . The registered office is 29 Forest Oak Drive, New Milton, Hampshire, BH25 5NT.
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 20% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 25% Straight Line
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.
Page 3
Page 4
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.
2.7. 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 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: 3 (2022: 3)
3 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2022 136,425
As at 31 August 2023 136,425
Amortisation
As at 1 September 2022 135,137
Provided during the period 1,288
As at 31 August 2023 136,425
Page 4
Page 5
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2022 10,790 32,479 4,806 48,075
Additions - 25,445 - 25,445
Disposals - (13,454 ) - (13,454 )
As at 31 August 2023 10,790 44,470 4,806 60,066
Depreciation
As at 1 September 2022 10,396 23,106 3,791 37,293
Provided during the period 79 8,368 507 8,954
Disposals - (12,108 ) - (12,108 )
As at 31 August 2023 10,475 19,366 4,298 34,139
Net Book Value
As at 31 August 2023 315 25,104 508 25,927
As at 1 September 2022 394 9,373 1,015 10,782
6. Stocks
2023 2022
£ £
Materials 2,750 2,750
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,089 7,924
Prepayments and accrued income 1,408 1,246
2,497 9,170
Page 5
Page 6
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 7,109 2,902
Trade creditors (1 ) -
Corporation tax 6,969 11,730
Other taxes and social security 326 356
VAT 5,530 5,028
Credit card account - 1,901
Accruals and deferred income 1,917 2,020
Directors' loan accounts 610 564
22,460 24,501
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 12,430 5,320
12,430 5,320
10. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 7,109 2,902
Later than one year and not later than five years 12,430 5,320
19,539 8,222
19,539 8,222
11. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
Page 6