Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 13 June 2022 false 1 July 2023 30 June 2024 30 June 2024 14166936 Miss Rebecca CULLUM Mrs Sharon CULLUM iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14166936 2023-06-30 14166936 2024-06-30 14166936 2023-07-01 2024-06-30 14166936 frs-core:Non-currentFinancialInstruments 2024-06-30 14166936 frs-core:BetweenOneFiveYears 2024-06-30 14166936 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 14166936 frs-core:PlantMachinery 2023-07-01 2024-06-30 14166936 frs-core:WithinOneYear 2024-06-30 14166936 frs-core:ShareCapital 2024-06-30 14166936 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14166936 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14166936 frs-bus:AbridgedAccounts 2023-07-01 2024-06-30 14166936 frs-bus:SmallEntities 2023-07-01 2024-06-30 14166936 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14166936 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14166936 frs-bus:Director1 2023-07-01 2024-06-30 14166936 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 14166936 frs-countries:EnglandWales 2023-07-01 2024-06-30 14166936 2022-06-12 14166936 2023-06-30 14166936 2022-06-13 2023-06-30 14166936 frs-core:Non-currentFinancialInstruments 2023-06-30 14166936 frs-core:BetweenOneFiveYears 2023-06-30 14166936 frs-core:WithinOneYear 2023-06-30 14166936 frs-core:ShareCapital 2023-06-30 14166936 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 14166936
PRESSPLEASURE LTD
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 14166936
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 53,653 21,206
53,653 21,206
CURRENT ASSETS
Stocks 7,500 4,956
Debtors 2,251 1,564
Cash at bank and in hand 8,121 606
17,872 7,126
Creditors: Amounts Falling Due Within One Year (37,077 ) (36,127 )
NET CURRENT ASSETS (LIABILITIES) (19,205 ) (29,001 )
TOTAL ASSETS LESS CURRENT LIABILITIES 34,448 (7,795 )
Creditors: Amounts Falling Due After More Than One Year (12,033 ) (11,830 )
NET ASSETS/(LIABILITIES) 22,415 (19,625 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 22,414 (19,626 )
SHAREHOLDERS' FUNDS 22,415 (19,625)
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For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 June 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Miss Rebecca CULLUM
Director
13/01/2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Abridged Financial Statements
1. General Information
PRESSPLEASURE LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14166936 . The registered office is 10 Clintons Green, Bracknell, Berkshire, RG42 1YL.
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.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Leasehold 10% straight line
Plant & Machinery 15% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Total
£
Cost
As at 1 July 2023 24,948
Additions 38,743
As at 30 June 2024 63,691
Depreciation
As at 1 July 2023 3,742
Provided during the period 6,296
As at 30 June 2024 10,038
Net Book Value
As at 30 June 2024 53,653
As at 1 July 2023 21,206
5. Obligations Under Finance Leases and Hire Purchase
30 June 2024 30 June 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,569 5,156
Later than one year and not later than five years 12,033 11,830
20,602 16,986
20,602 16,986
6. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 1 1
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