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 01411204 Mrs Ruth Grenfell Mrs Clare Mowbray Mr David Rosser Mrs Jenifer Rosser Mr Frank Smith Mrs Miriam Webb Mr David Rosser iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01411204 2023-03-31 01411204 2024-03-31 01411204 2023-04-01 2024-03-31 01411204 frs-core:CurrentFinancialInstruments 2024-03-31 01411204 frs-core:ComputerEquipment 2024-03-31 01411204 frs-core:ComputerEquipment 2023-04-01 2024-03-31 01411204 frs-core:ComputerEquipment 2023-03-31 01411204 frs-core:PlantMachinery 2024-03-31 01411204 frs-core:PlantMachinery 2023-04-01 2024-03-31 01411204 frs-core:PlantMachinery 2023-03-31 01411204 frs-core:ShareCapital 2024-03-31 01411204 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 01411204 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01411204 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 01411204 frs-bus:SmallEntities 2023-04-01 2024-03-31 01411204 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01411204 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01411204 frs-bus:Director1 2023-04-01 2024-03-31 01411204 frs-bus:Director2 2023-04-01 2024-03-31 01411204 frs-bus:Director3 2023-04-01 2024-03-31 01411204 frs-bus:Director4 2023-04-01 2024-03-31 01411204 frs-bus:Director5 2023-04-01 2024-03-31 01411204 frs-bus:Director6 2023-04-01 2024-03-31 01411204 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 01411204 frs-countries:EnglandWales 2023-04-01 2024-03-31 01411204 2022-03-31 01411204 2023-03-31 01411204 2022-04-01 2023-03-31 01411204 frs-core:CurrentFinancialInstruments 2023-03-31 01411204 frs-core:ShareCapital 2023-03-31 01411204 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 01411204
Peterborough Christian Books Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Wye Accounting Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01411204
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 751 1,504
751 1,504
CURRENT ASSETS
Stocks 24,056 21,045
Debtors 5 6,347 3,459
Cash at bank and in hand 18,566 17,519
48,969 42,023
Creditors: Amounts Falling Due Within One Year 6 (9,265 ) (6,210 )
NET CURRENT ASSETS (LIABILITIES) 39,704 35,813
TOTAL ASSETS LESS CURRENT LIABILITIES 40,455 37,317
NET ASSETS 40,455 37,317
CAPITAL AND RESERVES
Called up share capital 7 16,946 16,946
Profit and Loss Account 23,509 20,371
SHAREHOLDERS' FUNDS 40,455 37,317
Page 1
Page 2
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
Mrs Ruth Grenfell
Director
03/12/2024
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
Peterborough Christian Books Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01411204 . The registered office is 68 Westgate, Peterborough, PE1 1RG.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. 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 15% Straight Line
Computer Equipment 33.33% Straight Line
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.5. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 2 (2023: 2)
2 2
Page 3
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 39,423 2,922 42,345
As at 31 March 2024 39,423 2,922 42,345
Depreciation
As at 1 April 2023 39,050 1,791 40,841
Provided during the period 55 698 753
As at 31 March 2024 39,105 2,489 41,594
Net Book Value
As at 31 March 2024 318 433 751
As at 1 April 2023 373 1,131 1,504
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,420 2,411
Other debtors 927 1,048
6,347 3,459
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,507 5,076
Other creditors 1,062 1,032
Taxation and social security 696 102
9,265 6,210
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 16,946 16,946
8. Capital Commitments
2024 2023
£ £
At the end of the period 11,040 11,040
At the end of the period, the company had capital commitments contracted for but not provided in these financial statements
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