Acorah Software Products - Accounts Production 15.0.500 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 07714045 Mr Nicholas Baldwin Mrs Denise Baldwin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07714045 2022-12-31 07714045 2023-12-31 07714045 2023-01-01 2023-12-31 07714045 frs-core:CurrentFinancialInstruments 2023-12-31 07714045 frs-core:Non-currentFinancialInstruments 2023-12-31 07714045 frs-core:ComputerEquipment 2023-12-31 07714045 frs-core:ComputerEquipment 2023-01-01 2023-12-31 07714045 frs-core:ComputerEquipment 2022-12-31 07714045 frs-core:MotorVehicles 2023-12-31 07714045 frs-core:MotorVehicles 2023-01-01 2023-12-31 07714045 frs-core:MotorVehicles 2022-12-31 07714045 frs-core:WithinOneYear 2023-12-31 07714045 frs-core:ShareCapital 2023-12-31 07714045 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07714045 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07714045 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07714045 frs-bus:SmallEntities 2023-01-01 2023-12-31 07714045 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07714045 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07714045 frs-bus:Director1 2023-01-01 2023-12-31 07714045 frs-bus:Director2 2023-01-01 2023-12-31 07714045 frs-countries:EnglandWales 2023-01-01 2023-12-31 07714045 2021-12-31 07714045 2022-12-31 07714045 2022-01-01 2022-12-31 07714045 frs-core:CurrentFinancialInstruments 2022-12-31 07714045 frs-core:Non-currentFinancialInstruments 2022-12-31 07714045 frs-core:BetweenOneFiveYears 2022-12-31 07714045 frs-core:WithinOneYear 2022-12-31 07714045 frs-core:ShareCapital 2022-12-31 07714045 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07714045
Pilford Haven Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07714045
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 25,566 31,957
25,566 31,957
CURRENT ASSETS
Debtors 5 7,785 3,533
Investments 6 - 3,000
Cash at bank and in hand 1,874 4,226
9,659 10,759
Creditors: Amounts Falling Due Within One Year 7 (87,968 ) (21,676 )
NET CURRENT ASSETS (LIABILITIES) (78,309 ) (10,917 )
TOTAL ASSETS LESS CURRENT LIABILITIES (52,743 ) 21,040
Creditors: Amounts Falling Due After More Than One Year 8 (50,959 ) (128,295 )
NET LIABILITIES (103,702 ) (107,255 )
CAPITAL AND RESERVES
Called up share capital 10 500 500
Profit and Loss Account (104,202 ) (107,755 )
SHAREHOLDERS' FUNDS (103,702) (107,255)
Page 1
Page 2
For the year ending 31 December 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 Nicholas Baldwin
Director
19/08/2024
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
Pilford Haven Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07714045 . The registered office is Suite 8 Bourne Gate, 25 Bourne Valley Road, Poole, Dorset, BH21 1DY.
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. 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 20% reducing balance
Computer Equipment 20% reducing balance
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 56,240 10,043 66,283
As at 31 December 2023 56,240 10,043 66,283
Depreciation
As at 1 January 2023 27,445 6,881 34,326
Provided during the period 5,759 632 6,391
As at 31 December 2023 33,204 7,513 40,717
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2023 23,036 2,530 25,566
As at 1 January 2023 28,795 3,162 31,957
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 770 784
Other debtors 6,511 1
Corporation tax recoverable assets 504 480
Directors' loan accounts - 1,768
Called up share capital not paid - 500
7,785 3,533
6. Current Asset Investments
2023 2022
£ £
Unlisted investments - 3,000
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 27,370 8,304
Trade creditors - 9,434
Bank loans and overdrafts 3,528 3,480
Other taxes and social security 24 458
Directors' loan accounts 57,046 -
87,968 21,676
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts - 23,982
Trade creditors 33,246 81,936
Bank loans - 22,377
Other loans 17,713 -
50,959 128,295
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9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 27,370 8,304
Later than one year and not later than five years - 23,982
27,370 32,286
27,370 32,286
10. Share Capital
2023 2022
£ £
Called Up Share Capital not Paid - 500
Called Up Share Capital has been paid up 500 -
Amount of Allotted, Called Up Share Capital 500 500
Page 5