Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 05605859 Mr Graham Philp Mrs Susan Philp Mrs Susan Philp iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05605859 2022-10-31 05605859 2023-10-31 05605859 2022-11-01 2023-10-31 05605859 frs-core:CurrentFinancialInstruments 2023-10-31 05605859 frs-core:ComputerEquipment 2023-10-31 05605859 frs-core:ComputerEquipment 2022-11-01 2023-10-31 05605859 frs-core:ComputerEquipment 2022-10-31 05605859 frs-core:PlantMachinery 2023-10-31 05605859 frs-core:PlantMachinery 2022-11-01 2023-10-31 05605859 frs-core:PlantMachinery 2022-10-31 05605859 frs-core:ShareCapital 2023-10-31 05605859 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 05605859 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 05605859 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 05605859 frs-bus:SmallEntities 2022-11-01 2023-10-31 05605859 frs-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 05605859 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 05605859 frs-bus:Director1 2022-11-01 2023-10-31 05605859 frs-bus:Director2 2022-11-01 2023-10-31 05605859 frs-bus:CompanySecretary1 2022-11-01 2023-10-31 05605859 frs-countries:EnglandWales 2022-11-01 2023-10-31 05605859 2021-10-31 05605859 2022-10-31 05605859 2021-11-01 2022-10-31 05605859 frs-core:CurrentFinancialInstruments 2022-10-31 05605859 frs-core:ShareCapital 2022-10-31 05605859 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 05605859
Philp.G Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
March Mutual Ltd
F25 Waterfront Studios
1 Dock Road
London
E16 1AH
Unaudited Financial Statements
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Philp.G Ltd For The Year Ended 31 October 2023
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Philp.G Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Philp.G Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Philp.G Ltd and state those matters that we have agreed to state to the directors of Philp.G Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Philp.G Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Philp.G Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Philp.G Ltd . You consider that Philp.G Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Philp.G Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
16 September 2024
March Mutual Ltd
F25 Waterfront Studios
1 Dock Road
London
E16 1AH
Page 1
Page 2
Balance Sheet
Registered number: 05605859
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 414 816
414 816
CURRENT ASSETS
Cash at bank and in hand 1,168 10,114
1,168 10,114
Creditors: Amounts Falling Due Within One Year 4 (575 ) (6,841 )
NET CURRENT ASSETS (LIABILITIES) 593 3,273
TOTAL ASSETS LESS CURRENT LIABILITIES 1,007 4,089
NET ASSETS 1,007 4,089
CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Profit and Loss Account 7 3,089
SHAREHOLDERS' FUNDS 1,007 4,089
Page 2
Page 3
For the year ending 31 October 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 Graham Philp
Director
16 September 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.

1.3. 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:
Plant & Machinery 25% reducing balance method
Computer Equipment 33% straight line method
1.4. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: NIL)
1 -
3. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 November 2022 397 2,304 2,701
As at 31 October 2023 397 2,304 2,701
Depreciation
As at 1 November 2022 397 1,488 1,885
Provided during the period - 402 402
As at 31 October 2023 397 1,890 2,287
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 October 2023 - 414 414
As at 1 November 2022 - 816 816
4. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax - 5,403
VAT - 563
Accruals and deferred income 575 875
575 6,841
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
6. Dividends
2023 2022
£ £
On equity shares:
Final dividend paid 1,070 23,480
1,070 23,480
Page 5