Acorah Software Products - Accounts Production 15.0.400 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10715050 Mr S A Clarke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10715050 2023-06-30 10715050 2024-06-30 10715050 2023-07-01 2024-06-30 10715050 frs-core:CurrentFinancialInstruments 2024-06-30 10715050 frs-core:Non-currentFinancialInstruments 2024-06-30 10715050 frs-core:FurnitureFittings 2024-06-30 10715050 frs-core:FurnitureFittings 2023-07-01 2024-06-30 10715050 frs-core:FurnitureFittings 2023-06-30 10715050 frs-core:NetGoodwill 2024-06-30 10715050 frs-core:NetGoodwill 2023-07-01 2024-06-30 10715050 frs-core:NetGoodwill 2023-06-30 10715050 frs-core:MotorVehicles 2024-06-30 10715050 frs-core:MotorVehicles 2023-07-01 2024-06-30 10715050 frs-core:MotorVehicles 2023-06-30 10715050 frs-core:ShareCapital 2024-06-30 10715050 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10715050 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10715050 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10715050 frs-bus:SmallEntities 2023-07-01 2024-06-30 10715050 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10715050 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10715050 frs-bus:Director1 2023-07-01 2024-06-30 10715050 frs-countries:EnglandWales 2023-07-01 2024-06-30 10715050 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-06-30 10715050 2022-06-30 10715050 2023-06-30 10715050 2022-07-01 2023-06-30 10715050 frs-core:CurrentFinancialInstruments 2023-06-30 10715050 frs-core:Non-currentFinancialInstruments 2023-06-30 10715050 frs-core:ShareCapital 2023-06-30 10715050 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10715050
PHR (North West) Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10715050
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 44,047 43,444
44,047 43,444
CURRENT ASSETS
Debtors 6 6,985 6,575
Cash at bank and in hand 8,559 34,260
15,544 40,835
Creditors: Amounts Falling Due Within One Year 7 (101,184 ) (118,296 )
NET CURRENT ASSETS (LIABILITIES) (85,640 ) (77,461 )
TOTAL ASSETS LESS CURRENT LIABILITIES (41,593 ) (34,017 )
Creditors: Amounts Falling Due After More Than One Year 8 (13,856 ) (20,109 )
NET LIABILITIES (55,449 ) (54,126 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (55,450 ) (54,127 )
SHAREHOLDERS' FUNDS (55,449) (54,126)
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For the year ending 30 June 2024 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.
On behalf of the board
Mr S A Clarke
Director
26 July 2024
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
PHR (North West) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10715050 . The registered office is 22 Pinders Farm Drive, Warrington, Cheshire, WA1 2GF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 5 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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 18% Reducing Balance
Fixtures and fittings 25% Reducing Balance
2.6. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 32,400
As at 30 June 2024 32,400
Amortisation
As at 1 July 2023 32,400
As at 30 June 2024 32,400
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
5. Tangible Assets
Motor vehicles Fixtures and fittings Total
£ £ £
Cost
As at 1 July 2023 56,355 12,540 68,895
Additions 12,500 - 12,500
Disposals (4,355 ) - (4,355 )
As at 30 June 2024 64,500 12,540 77,040
Depreciation
As at 1 July 2023 15,530 9,921 25,451
Provided during the period 7,713 655 8,368
Disposals (826 ) - (826 )
As at 30 June 2024 22,417 10,576 32,993
Net Book Value
As at 30 June 2024 42,083 1,964 44,047
As at 1 July 2023 40,825 2,619 43,444
6. Debtors
2024 2023
£ £
Due within one year
Deferred tax current asset 6,985 6,575
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 6,184 6,184
Other creditors - 42,812
Director's loan account 95,000 69,300
101,184 118,296
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 13,856 20,109
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Bank loans - 4,444
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Directors Advances, Credits and Guarantees
No director received advances, credits or guarantees during the current or previous accounting periods.
11. Related Party Transactions
The following related party transactions were undertaken during the year:
The director of the company withdrew amounts totalling £200,100 (2023: £13,500) and introduced £225,800 (2023: £13,300). At the balance sheet date the company owed the director £95,000 (2023: £69,300).
No dividends were paid to the director in respect of the shareholdings.
The aggregate remuneration paid to key management personnel for the year was £9,984 (2023: £9,904).
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
12. Going Concern
The company is able to meet its day to day working capital requirements through the support of its director. Therefore, the director considers it appropriate to prepare the financial statements on the going concern basis.
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