Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 07388646 Mr Ben Massett Mr Joe Derby Mr Steve Fairs iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07388646 2023-09-30 07388646 2024-09-30 07388646 2023-10-01 2024-09-30 07388646 frs-core:CurrentFinancialInstruments 2024-09-30 07388646 frs-core:ComputerEquipment 2024-09-30 07388646 frs-core:ComputerEquipment 2023-10-01 2024-09-30 07388646 frs-core:ComputerEquipment 2023-09-30 07388646 frs-core:FurnitureFittings 2024-09-30 07388646 frs-core:FurnitureFittings 2023-10-01 2024-09-30 07388646 frs-core:FurnitureFittings 2023-09-30 07388646 frs-core:PlantMachinery 2024-09-30 07388646 frs-core:PlantMachinery 2023-10-01 2024-09-30 07388646 frs-core:PlantMachinery 2023-09-30 07388646 frs-core:ShareCapital 2024-09-30 07388646 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 07388646 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07388646 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 07388646 frs-bus:SmallEntities 2023-10-01 2024-09-30 07388646 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07388646 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07388646 frs-bus:Director1 2023-10-01 2024-09-30 07388646 frs-bus:Director2 2023-10-01 2024-09-30 07388646 frs-bus:Director3 2023-10-01 2024-09-30 07388646 frs-countries:EnglandWales 2023-10-01 2024-09-30 07388646 2022-09-30 07388646 2023-09-30 07388646 2022-10-01 2023-09-30 07388646 frs-core:CurrentFinancialInstruments 2023-09-30 07388646 frs-core:ShareCapital 2023-09-30 07388646 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 07388646
Pureflow Commissioning Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07388646
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 35,778 18,686
35,778 18,686
CURRENT ASSETS
Stocks 5 40,250 59,770
Debtors 6 400,005 377,700
Cash at bank and in hand 639,784 726,065
1,080,039 1,163,535
Creditors: Amounts Falling Due Within One Year 7 (519,111 ) (489,529 )
NET CURRENT ASSETS (LIABILITIES) 560,928 674,006
TOTAL ASSETS LESS CURRENT LIABILITIES 596,706 692,692
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,110 ) (4,110 )
NET ASSETS 592,596 688,582
CAPITAL AND RESERVES
Called up share capital 8 102 102
Profit and Loss Account 592,494 688,480
SHAREHOLDERS' FUNDS 592,596 688,582
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For the year ending 30 September 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 Ben Massett
Director
27/11/2024
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
Pureflow Commissioning Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07388646 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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.
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% WDV
Fixtures & Fittings 15% WDV
Computer Equipment 15% WDV
2.4. Stocks and Work in Progress
Stocks and work in progress 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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 27,420 577 15,948 43,945
Additions 20,844 1,279 1,281 23,404
As at 30 September 2024 48,264 1,856 17,229 67,349
Depreciation
As at 1 October 2023 19,623 206 5,430 25,259
Provided during the period 4,296 246 1,770 6,312
As at 30 September 2024 23,919 452 7,200 31,571
Net Book Value
As at 30 September 2024 24,345 1,404 10,029 35,778
As at 1 October 2023 7,797 371 10,518 18,686
5. Stocks
2024 2023
£ £
Work in progress 40,250 59,770
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 374,979 351,968
Prepayments and accrued income 24,918 25,732
Other taxes and social security 108 -
400,005 377,700
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 306,073 237,122
Corporation tax 175,828 199,181
Other taxes and social security - 5,098
VAT 12,625 21,647
Other creditors 23,846 25,415
Directors' loan accounts 739 1,066
519,111 489,529
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 102 102
9. Related Party Transactions
Inclded in Other Creditors is an amount owed to the company directors totalling £739 (2023 - £1,066), no interest is to be charged.
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