Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09113581 Mr Chagnlal P Chabhaiya Mr Pachan Nakrani Mr Mitesh Mashru iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09113581 2022-12-31 09113581 2023-12-31 09113581 2023-01-01 2023-12-31 09113581 frs-core:Non-currentFinancialInstruments 2023-12-31 09113581 frs-core:ShareCapital 2023-12-31 09113581 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09113581 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09113581 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 09113581 frs-bus:SmallEntities 2023-01-01 2023-12-31 09113581 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09113581 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09113581 frs-bus:Director1 2023-01-01 2023-12-31 09113581 frs-bus:Director2 2023-01-01 2023-12-31 09113581 frs-bus:Director3 2023-01-01 2023-12-31 09113581 frs-countries:EnglandWales 2023-01-01 2023-12-31 09113581 2021-12-31 09113581 2022-12-31 09113581 2022-01-01 2022-12-31 09113581 frs-core:Non-currentFinancialInstruments 2022-12-31 09113581 frs-core:ShareCapital 2022-12-31 09113581 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09113581
PACM LIMITED
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 09113581
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 22,000 22,000
Investments 1,410,313 1,208,493
Cash at bank and in hand 6,059 44,425
1,438,372 1,274,918
Creditors: Amounts Falling Due Within One Year (1,557,925 ) (1,607,862 )
NET CURRENT ASSETS (LIABILITIES) (119,553 ) (332,944 )
TOTAL ASSETS LESS CURRENT LIABILITIES (119,553 ) (332,944 )
Creditors: Amounts Falling Due After More Than One Year (29,126 ) (34,544 )
NET LIABILITIES (148,679 ) (367,488 )
CAPITAL AND RESERVES
Called up share capital 4 148 148
Profit and Loss Account (148,827 ) (367,636 )
SHAREHOLDERS' FUNDS (148,679) (367,488)
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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Pachan Nakrani
Director
20/09/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
PACM LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09113581 . The registered office is 20 Wentworth Park, London, N3 1YG.
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
At 31 December 2023 company had net liabilities. The directors have confirmed their willingness to provide financial support to the company to such an extent, in their opinion, the company will be able to meet its liabilities as they fall due for the forseeable future, being period not less than twelve months from signing of the balance sheet. On this understanding the financial statements have been prepared as a going concern basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 148 148
Page 3