Acorah Software Products - Accounts Production 16.1.200 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 10418621 P Grimwood A Plume true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10418621 2023-10-31 10418621 2024-10-31 10418621 2023-11-01 2024-10-31 10418621 frs-core:ShareCapital 2024-10-31 10418621 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10418621 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10418621 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 10418621 frs-bus:SmallEntities 2023-11-01 2024-10-31 10418621 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 10418621 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 10418621 1 2023-11-01 2024-10-31 10418621 frs-bus:Director1 2023-11-01 2024-10-31 10418621 frs-bus:Director2 2023-11-01 2024-10-31 10418621 frs-countries:EnglandWales 2023-11-01 2024-10-31 10418621 2022-10-31 10418621 2023-10-31 10418621 2022-11-01 2023-10-31 10418621 frs-core:ShareCapital 2023-10-31 10418621 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 10418621
Picture This Entertainment Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
A K E Tax & Accountancy Ltd
Chartered Certified Accountants
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10418621
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 95,385 95,385
Cash at bank and in hand 165 221
95,550 95,606
Creditors: Amounts Falling Due Within One Year 6 (92,097 ) (91,397 )
NET CURRENT ASSETS (LIABILITIES) 3,453 4,209
TOTAL ASSETS LESS CURRENT LIABILITIES 3,453 4,209
NET ASSETS 3,453 4,209
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 3,451 4,207
SHAREHOLDERS' FUNDS 3,453 4,209
For the year ending 31 October 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
P Grimwood
Director
6 January 2025
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
Picture This Entertainment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10418621 . The registered office is Hoddesdon Enterprise Centre, Pindar Road, Hoddesdon, Hertfordshire, EN11 0FJ.
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. 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.
2.3. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.4. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Stocks
2024 2023
£ £
Work in progress 95,385 95,385
5. Debtors
2024 2023
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 92,097 91,397
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 2
Page 3
8. Related Party Transactions
P Grimwood 
The above is a related party by virtue of being a director.
During the year, the related party incured expenses on behalf of the company and introduced funds to the company. 
At the balance sheet date, he was owed £91,797 (2023: £91,097) by the Company. 
No interest has been charged on this loan during the period. 
9. Ultimate Controlling Party
The ultimate controlling parties are the shareholders by virtue of their equal shareholdings.
Page 3