Acorah Software Products - Accounts Production 16.1.200 false true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 11147170 Pravin Kumar Shanmugavadivelu Swetha Bindu Pravin Swetha Bindu Pravin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11147170 2023-01-31 11147170 2024-01-31 11147170 2023-02-01 2024-01-31 11147170 frs-core:CurrentFinancialInstruments 2024-01-31 11147170 frs-core:Non-currentFinancialInstruments 2024-01-31 11147170 frs-core:ComputerEquipment 2024-01-31 11147170 frs-core:ComputerEquipment 2023-02-01 2024-01-31 11147170 frs-core:ComputerEquipment 2023-01-31 11147170 frs-core:FurnitureFittings 2024-01-31 11147170 frs-core:FurnitureFittings 2023-02-01 2024-01-31 11147170 frs-core:FurnitureFittings 2023-01-31 11147170 frs-core:MotorVehicles 2024-01-31 11147170 frs-core:MotorVehicles 2023-02-01 2024-01-31 11147170 frs-core:MotorVehicles 2023-01-31 11147170 frs-core:ShareCapital 2024-01-31 11147170 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11147170 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11147170 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11147170 frs-bus:SmallEntities 2023-02-01 2024-01-31 11147170 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11147170 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11147170 frs-bus:Director1 2023-02-01 2024-01-31 11147170 frs-bus:Director2 2023-02-01 2024-01-31 11147170 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 11147170 frs-countries:EnglandWales 2023-02-01 2024-01-31 11147170 2022-01-31 11147170 2023-01-31 11147170 2022-02-01 2023-01-31 11147170 frs-core:CurrentFinancialInstruments 2023-01-31 11147170 frs-core:Non-currentFinancialInstruments 2023-01-31 11147170 frs-core:ShareCapital 2023-01-31 11147170 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 11147170
Pulse Home Services Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11147170
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 57,231 2,285
57,231 2,285
CURRENT ASSETS
Stocks 5 557,454 360,089
Cash at bank and in hand 3,175 65,973
560,629 426,062
Creditors: Amounts Falling Due Within One Year 6 (490,073 ) (334,760 )
NET CURRENT ASSETS (LIABILITIES) 70,556 91,302
TOTAL ASSETS LESS CURRENT LIABILITIES 127,787 93,587
Creditors: Amounts Falling Due After More Than One Year 7 (243,865 ) (178,630 )
NET LIABILITIES (116,078 ) (85,043 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (116,080 ) (85,045 )
SHAREHOLDERS' FUNDS (116,078) (85,043)
Page 1
Page 2
For the year ending 31 January 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
Pravin Kumar Shanmugavadivelu
Director
29 October 2024
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
Pulse Home Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11147170 . The registered office is 14, Baker Crescent, Dartford,Kent, DA1 2NF.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors believe that the company would have sufficient resources to continue to trade for foreseeable future.
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:
Motor Vehicles 25% of Reducing Balance
Furniture, fixtures and equipment 25% of Reducing Balance
Computer Equipment 25% of Reducing Balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Motor Vehicles Furniture, fixtures and equipment Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 - 1,069 2,666 3,735
Additions 74,023 - - 74,023
As at 31 January 2024 74,023 1,069 2,666 77,758
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 February 2023 - 784 666 1,450
Provided during the period 18,506 71 500 19,077
As at 31 January 2024 18,506 855 1,166 20,527
Net Book Value
As at 31 January 2024 55,517 214 1,500 57,231
As at 1 February 2023 - 285 2,000 2,285
5. Stocks
2024 2023
£ £
Stock - properties for resale 557,454 360,089
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 600 1,080
Directors' loan accounts 489,473 333,680
490,073 334,760
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 178,630 178,630
Other loans 65,235 -
243,865 178,630
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 178,630 178,630
Other Creditors 65,235 -
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4
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10. Related Party Transactions
Included in creditors due within one year is an amount of £489,473 (2023: £333,680 ) owed to its directors. The amount is interest free and repayable on demand.
Page 5