Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09500346 Mr Christopher Purcell Mrs Lesley Purcell Mr David Purcell Mrs Mary Purcell Prussel Holdings Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09500346 2023-03-31 09500346 2024-03-31 09500346 2023-04-01 2024-03-31 09500346 frs-core:ComputerEquipment 2024-03-31 09500346 frs-core:ComputerEquipment 2023-04-01 2024-03-31 09500346 frs-core:ComputerEquipment 2023-03-31 09500346 frs-core:FurnitureFittings 2024-03-31 09500346 frs-core:FurnitureFittings 2023-04-01 2024-03-31 09500346 frs-core:FurnitureFittings 2023-03-31 09500346 frs-core:MotorVehicles 2024-03-31 09500346 frs-core:MotorVehicles 2023-04-01 2024-03-31 09500346 frs-core:MotorVehicles 2023-03-31 09500346 frs-core:ShareCapital 2024-03-31 09500346 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09500346 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09500346 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09500346 frs-bus:SmallEntities 2023-04-01 2024-03-31 09500346 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09500346 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09500346 1 2023-04-01 2024-03-31 09500346 frs-bus:Director1 2023-04-01 2024-03-31 09500346 frs-bus:Director1 2023-03-31 09500346 frs-bus:Director1 2024-03-31 09500346 frs-bus:Director2 2023-04-01 2024-03-31 09500346 frs-bus:Director3 2023-04-01 2024-03-31 09500346 frs-bus:Director4 2023-04-01 2024-03-31 09500346 frs-countries:EnglandWales 2023-04-01 2024-03-31 09500346 2022-03-31 09500346 2023-03-31 09500346 2022-04-01 2023-03-31 09500346 frs-core:CurrentFinancialInstruments 2023-03-31 09500346 frs-core:ShareCapital 2023-03-31 09500346 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09500346
Prussel & Co Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
ChadSan Limited
Castle House
Castle Street
Guildford
GU1 3UW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09500346
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,159 31,045
17,159 31,045
CURRENT ASSETS
Debtors 5 50,151 38,726
Cash at bank and in hand 12,181 65,626
62,332 104,352
Creditors: Amounts Falling Due Within One Year 6 - (991 )
NET CURRENT ASSETS (LIABILITIES) 62,332 103,361
TOTAL ASSETS LESS CURRENT LIABILITIES 79,491 134,406
PROVISIONS FOR LIABILITIES
Deferred Taxation - (4,910 )
NET ASSETS 79,491 129,496
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 79,490 129,495
SHAREHOLDERS' FUNDS 79,491 129,496
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For the year ending 31 March 2024 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 Christopher Purcell
Director
3rd December 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Prussel & Co Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09500346 . The registered office is Lodge House 33b Springmeadow Lane, Uppermill, Oldham, Manchester, OL3 6HW.
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. 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% on cost
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
2.3. 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, excluding directors, during the year was as follows: NIL (2023: 1)
- 1
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 58,258 2,963 9,838 71,059
Disposals - (1,651 ) (4,536 ) (6,187 )
As at 31 March 2024 58,258 1,312 5,302 64,872
Depreciation
As at 1 April 2023 29,816 1,927 8,271 40,014
Provided during the period 11,651 631 1,092 13,374
Disposals - (1,396 ) (4,279 ) (5,675 )
As at 31 March 2024 41,467 1,162 5,084 47,713
Net Book Value
As at 31 March 2024 16,791 150 218 17,159
As at 1 April 2023 28,442 1,036 1,567 31,045
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 50,151 38,726
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 178
Other creditors - 813
- 991
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Christopher Purcell 31,154 48,942 79,971 - 125
The above loan is unsecured, interest free and repayable on demand.
9. Ultimate Controlling Party
The company's ultimate controlling party is Prussel Holdings Limited by virtue of their ownership of 100% of the issued share capital in the company.
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