Acorah Software Products - Accounts Production 14.6.300 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 00643615 Mrs Gillian Seward Miss Linsey Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00643615 2022-11-30 00643615 2023-11-30 00643615 2022-12-01 2023-11-30 00643615 frs-core:CurrentFinancialInstruments 2023-11-30 00643615 frs-core:ComputerEquipment 2023-11-30 00643615 frs-core:ComputerEquipment 2022-12-01 2023-11-30 00643615 frs-core:ComputerEquipment 2022-11-30 00643615 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 00643615 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 00643615 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 00643615 frs-core:ShareCapital 2023-11-30 00643615 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 00643615 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 00643615 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 00643615 frs-bus:SmallEntities 2022-12-01 2023-11-30 00643615 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 00643615 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 00643615 frs-bus:Director1 2022-12-01 2023-11-30 00643615 frs-bus:Director2 2022-12-01 2023-11-30 00643615 frs-countries:EnglandWales 2022-12-01 2023-11-30 00643615 2021-11-30 00643615 2022-11-30 00643615 2021-12-01 2022-11-30 00643615 frs-core:CurrentFinancialInstruments 2022-11-30 00643615 frs-core:ShareCapital 2022-11-30 00643615 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 00643615
Paward Investment Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
N T Ellis Chartered Accountants
4 Risca Road
Newport
NP20 4JW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 00643615
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 46,408 47,111
46,408 47,111
CURRENT ASSETS
Debtors 5 150 127
Cash at bank and in hand 241,579 278,620
241,729 278,747
Creditors: Amounts Falling Due Within One Year 6 (75,494 ) (101,501 )
NET CURRENT ASSETS (LIABILITIES) 166,235 177,246
TOTAL ASSETS LESS CURRENT LIABILITIES 212,643 224,357
NET ASSETS 212,643 224,357
CAPITAL AND RESERVES
Called up share capital 7 300 300
Profit and Loss Account 212,343 224,057
SHAREHOLDERS' FUNDS 212,643 224,357
Page 1
Page 2
For the year ending 30 November 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
Miss Linsey Brown
Director
08/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Paward Investment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00643615 . The registered office is Pawood House 1 Hospital Road, Pontypridd, Rhondda Cynon Taff, CF37 4AH.
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 represents all income derived from Land and Property investment, analysed as follows:
Sales of Property and Freehold Interests £53,592 (2022: £84,860) 
Rent and Ground Rents Received £12,691 (2022: £12,427) 
Wayleaves Received £2 (2022: £2)
Total £66,285 (2022: £97,289)
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:
Freehold No depreciation is provided
Computer Equipment 15% reducing balance
2.4. Taxation
Corporation tax expense represents the sum of the tax currently payable.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
1 1
4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 December 2022 46,390 9,564 55,954
Disposals (595 ) - (595 )
As at 30 November 2023 45,795 9,564 55,359
Depreciation
As at 1 December 2022 - 8,843 8,843
Provided during the period - 108 108
As at 30 November 2023 - 8,951 8,951
Net Book Value
As at 30 November 2023 45,795 613 46,408
As at 1 December 2022 46,390 721 47,111
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 150 127
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 8,528 13,901
Other creditors 3,230 3,229
Accruals and deferred income 98 96
Directors' loan accounts 63,638 84,275
75,494 101,501
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 300 300
Page 4