Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 05114693 A M Hennigan Z M Wilkinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05114693 2023-04-30 05114693 2024-04-30 05114693 2023-05-01 2024-04-30 05114693 frs-core:CurrentFinancialInstruments 2024-04-30 05114693 frs-core:Non-currentFinancialInstruments 2024-04-30 05114693 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 05114693 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 05114693 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 05114693 frs-core:PlantMachinery 2024-04-30 05114693 frs-core:PlantMachinery 2023-05-01 2024-04-30 05114693 frs-core:PlantMachinery 2023-04-30 05114693 frs-core:ShareCapital 2024-04-30 05114693 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 05114693 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05114693 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 05114693 frs-bus:SmallEntities 2023-05-01 2024-04-30 05114693 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 05114693 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 05114693 frs-bus:Director1 2023-05-01 2024-04-30 05114693 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 05114693 frs-countries:EnglandWales 2023-05-01 2024-04-30 05114693 2022-04-30 05114693 2023-04-30 05114693 2022-05-01 2023-04-30 05114693 frs-core:CurrentFinancialInstruments 2023-04-30 05114693 frs-core:Non-currentFinancialInstruments 2023-04-30 05114693 frs-core:ShareCapital 2023-04-30 05114693 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 05114693
Progressive Futures Care Limited
Financial Statements
For The Year Ended 30 April 2024
Stubbs Parkin
55 Hoghton Street
Southport
Merseyside
PR9 0PG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05114693
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 31,403 36,766
31,403 36,766
CURRENT ASSETS
Debtors 5 214,776 234,141
Cash at bank and in hand 6,055 1,024
220,831 235,165
Creditors: Amounts Falling Due Within One Year 6 (234,291 ) (245,339 )
NET CURRENT ASSETS (LIABILITIES) (13,460 ) (10,174 )
TOTAL ASSETS LESS CURRENT LIABILITIES 17,943 26,592
Creditors: Amounts Falling Due After More Than One Year 7 (16,048 ) (24,383 )
NET ASSETS 1,895 2,209
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 895 1,209
SHAREHOLDERS' FUNDS 1,895 2,209
Page 1
Page 2
For the year ending 30 April 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.
On behalf of the board
A M Hennigan
Director
30th January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Progressive Futures Care Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05114693 . The registered office is 55 Hoghton Street, Southport, Merseyside, PR9 0PG. The company's functional and presentational currency is GBP and no level of rounding has been used in the preparation of the financial statements.
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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities
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 2% straight line
Plant & Machinery 15% reducing balance
2.4. Taxation
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 15)
13 15
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 May 2023 1,683 151,511 153,194
As at 30 April 2024 1,683 151,511 153,194
Depreciation
As at 1 May 2023 440 115,988 116,428
Provided during the period 34 5,329 5,363
As at 30 April 2024 474 121,317 121,791
Net Book Value
As at 30 April 2024 1,209 30,194 31,403
As at 1 May 2023 1,243 35,523 36,766
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 62,400 97,949
Other debtors 152,376 136,192
214,776 234,141
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 77 1,636
Bank loans and overdrafts 22,409 49,478
Other creditors 43,665 55,597
Taxation and social security 168,140 138,628
234,291 245,339
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 16,048 24,383
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 5