Acorah Software Products - Accounts Production 14.5.601 false true true 31 December 2022 1 May 2022 false 1 January 2023 31 December 2023 31 December 2023 06455780 Mr Hugh Pattison-Appleton Mrs Alexandra Pattison-Appleton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06455780 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-12-31 06455780 2022-12-31 06455780 2023-12-31 06455780 2023-01-01 2023-12-31 06455780 frs-core:CurrentFinancialInstruments 2023-12-31 06455780 frs-core:Non-currentFinancialInstruments 2023-12-31 06455780 frs-core:ShareCapital 2023-12-31 06455780 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 06455780 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06455780 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 06455780 frs-bus:SmallEntities 2023-01-01 2023-12-31 06455780 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06455780 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 06455780 frs-core:UnlistedNon-exchangeTraded 2023-12-31 06455780 frs-core:UnlistedNon-exchangeTraded 2022-12-31 06455780 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 06455780 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 06455780 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 06455780 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 06455780 frs-bus:Director1 2023-01-01 2023-12-31 06455780 frs-bus:Director2 2023-01-01 2023-12-31 06455780 frs-core:CurrentFinancialInstruments 9 2023-12-31 06455780 frs-countries:EnglandWales 2023-01-01 2023-12-31 06455780 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2022-12-31 06455780 2022-04-30 06455780 2022-12-31 06455780 2022-05-01 2022-12-31 06455780 frs-core:CurrentFinancialInstruments 2022-12-31 06455780 frs-core:Non-currentFinancialInstruments 2022-12-31 06455780 frs-core:ShareCapital 2022-12-31 06455780 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 06455780 frs-core:CurrentFinancialInstruments 9 2022-12-31
Registered number: 06455780
Pattison-Appleton Holdings 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: 06455780
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 51 51
51 51
CURRENT ASSETS
Debtors 5 169,744 146,376
169,744 146,376
Creditors: Amounts Falling Due Within One Year 6 (372,226 ) (366,337 )
NET CURRENT ASSETS (LIABILITIES) (202,482 ) (219,961 )
TOTAL ASSETS LESS CURRENT LIABILITIES (202,431 ) (219,910 )
Creditors: Amounts Falling Due After More Than One Year 7 (81,231 ) (99,281 )
NET LIABILITIES (283,662 ) (319,191 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (284,662 ) (320,191 )
SHAREHOLDERS' FUNDS (283,662) (319,191)
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 Hugh Pattison-Appleton
Director
10 September 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
Pattison-Appleton Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06455780 . The registered office is 41 Millbrook Street, Hereford, HR4 9LF.
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. Going Concern Disclosure
The company is reliant upon the ongoing support of the director and shareholder to fund outstanding liabilities. The directors confirm their continued support over the next 12 months.
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. Financial Instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year or on demand are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss in other operating expenses.
Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in nonconvertible preference and non puttable ordinary shares which are measured at fair value, with changes recognised in the profit and loss. Derivative financial instruments are intially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Directors loans are recognised at transaction price.
Other investments are recorded at cost less impairment.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Investments
Unlisted
£
Cost
As at 1 January 2023 51
As at 31 December 2023 51
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 51
As at 1 January 2023 51
5. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Other debtors 25,000 5,000
Amounts owed by related parties 144,744 141,376
169,744 146,376
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Trade creditors 3,279 -
Bank loans and overdrafts 22,484 24,563
Directors' loan accounts 346,098 341,774
Amounts owed to related parties 365 -
372,226 366,337
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7. Creditors: Amounts Falling Due After More Than One Year
31 December 2023 31 December 2022
£ £
Bank loans 4,773 5,500
Other loans 76,458 93,781
81,231 99,281
Of the creditors falling due after more than one year the following amounts are due after more than five years.
31 December 2023 31 December 2022
£ £
Bank loans 1,311 2,209
8. Share Capital
31 December 2023 31 December 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
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