Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 08351924 Mr Nigel Parnell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08351924 2023-01-31 08351924 2024-01-31 08351924 2023-02-01 2024-01-31 08351924 frs-core:CurrentFinancialInstruments 2024-01-31 08351924 frs-core:ShareCapital 2024-01-31 08351924 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 08351924 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08351924 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 08351924 frs-bus:SmallEntities 2023-02-01 2024-01-31 08351924 frs-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 08351924 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08351924 frs-bus:Director1 2023-02-01 2024-01-31 08351924 frs-bus:Director1 2023-01-31 08351924 frs-bus:Director1 2024-01-31 08351924 frs-countries:EnglandWales 2023-02-01 2024-01-31 08351924 2022-01-31 08351924 2023-01-31 08351924 2022-02-01 2023-01-31 08351924 frs-core:CurrentFinancialInstruments 2023-01-31 08351924 frs-core:ShareCapital 2023-01-31 08351924 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 08351924
Pooled Resources & Consultancy Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Purvis Stevens LLP
Contents
Page
Accountants' Report 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Pooled Resources & Consultancy Ltd for the year ended 31 January 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Pooled Resources & Consultancy 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 director of Pooled Resources & Consultancy 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 Pooled Resources & Consultancy Ltd and state those matters that we have agreed to state to the director of Pooled Resources & Consultancy 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 Pooled Resources & Consultancy Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Pooled Resources & Consultancy 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 Pooled Resources & Consultancy Ltd . You consider that Pooled Resources & Consultancy 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 Pooled Resources & Consultancy 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
10/10/2024
Purvis Stevens LLP
Hayles Bridge Offices
228 Mulgrave Road
Cheam
Surrey
SM2 6JT
Page 1
Page 2
Balance Sheet
Registered number: 08351924
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 79,565 104,902
Cash at bank and in hand 3,987 2,610
83,552 107,512
Creditors: Amounts Falling Due Within One Year 5 (1,375 ) (1,175 )
NET CURRENT ASSETS (LIABILITIES) 82,177 106,337
TOTAL ASSETS LESS CURRENT LIABILITIES 82,177 106,337
NET ASSETS 82,177 106,337
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 82,176 106,336
SHAREHOLDERS' FUNDS 82,177 106,337
For the year ending 31 January 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 Nigel Parnell
Director
10/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Pooled Resources & Consultancy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08351924 . The registered office is Hayles Bridge Offices, 228 Mulgrave Road, Cheam, Surrey, SM2 6HP.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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 years 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 1,894
Prepayments and accrued income 85 80
Corporation tax recoverable assets 21,656 21,656
Deferred tax current asset - 2,378
VAT 549 339
Director's loan account 57,275 78,555
79,565 104,902
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - (200 )
Accruals and deferred income 1,375 1,375
1,375 1,175
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Mr Nigel Parnell 78,555 (9,280 ) (12,000 ) - 57,275
The above loan is unsecured and repayable on demand.
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