Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 10015280 Mr Robert Markworth Mrs Mamta Markworth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10015280 2023-02-28 10015280 2024-02-29 10015280 2023-03-01 2024-02-29 10015280 frs-core:CurrentFinancialInstruments 2024-02-29 10015280 frs-core:ComputerEquipment 2024-02-29 10015280 frs-core:ComputerEquipment 2023-03-01 2024-02-29 10015280 frs-core:ComputerEquipment 2023-02-28 10015280 frs-core:ShareCapital 2024-02-29 10015280 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 10015280 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 10015280 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 10015280 frs-bus:SmallEntities 2023-03-01 2024-02-29 10015280 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 10015280 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 10015280 frs-bus:Director1 2023-03-01 2024-02-29 10015280 frs-bus:Director2 2023-03-01 2024-02-29 10015280 frs-countries:EnglandWales 2023-03-01 2024-02-29 10015280 2022-02-28 10015280 2023-02-28 10015280 2022-03-01 2023-02-28 10015280 frs-core:CurrentFinancialInstruments 2023-02-28 10015280 frs-core:ShareCapital 2023-02-28 10015280 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 10015280
Psi-5 Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Panthera Limited
Chartered Management Accountants
The Manor
Main Street
Grove
Oxfordshire
OX12 7JJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10015280
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 - 2,136
Cash at bank and in hand 2,693 2,754
2,693 4,890
Creditors: Amounts Falling Due Within One Year 6 (30,684 ) (25,567 )
NET CURRENT ASSETS (LIABILITIES) (27,991 ) (20,677 )
TOTAL ASSETS LESS CURRENT LIABILITIES (27,991 ) (20,677 )
NET LIABILITIES (27,991 ) (20,677 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (28,091 ) (20,777 )
SHAREHOLDERS' FUNDS (27,991) (20,677)
For the year ending 29 February 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
Mrs Mamta Markworth
Director
03/12/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Psi-5 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10015280 . The registered office is 4 Horsa lane, Chilton, Didcot, Oxfordshire, OX11 0UE.
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:
Computer Equipment 3 years straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 March 2023 3,510
Disposals (3,510 )
As at 29 February 2024 -
Depreciation
As at 1 March 2023 3,510
Disposals (3,510 )
As at 29 February 2024 -
Net Book Value
As at 29 February 2024 -
As at 1 March 2023 -
5. Debtors
2024 2023
£ £
Due within one year
Corporation tax recoverable assets - 2,042
VAT - 94
- 2,136
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 360 1,310
Directors' loan accounts 30,324 24,257
30,684 25,567
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3