Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 03604967 Mr Christopher Pavlou Mr Christopher Pavlou iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03604967 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-07-31 03604967 2023-07-31 03604967 2024-07-31 03604967 2023-08-01 2024-07-31 03604967 frs-core:CurrentFinancialInstruments 2024-07-31 03604967 frs-core:Non-currentFinancialInstruments 2024-07-31 03604967 frs-core:FurnitureFittings 2024-07-31 03604967 frs-core:FurnitureFittings 2023-08-01 2024-07-31 03604967 frs-core:FurnitureFittings 2023-07-31 03604967 frs-core:OtherReservesSubtotal 2024-07-31 03604967 frs-core:ShareCapital 2024-07-31 03604967 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 03604967 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 03604967 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 03604967 frs-bus:SmallEntities 2023-08-01 2024-07-31 03604967 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 03604967 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 03604967 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-07-31 03604967 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-07-31 03604967 frs-bus:Director1 2023-08-01 2024-07-31 03604967 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 03604967 frs-countries:EnglandWales 2023-08-01 2024-07-31 03604967 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-07-31 03604967 2022-07-31 03604967 2023-07-31 03604967 2022-08-01 2023-07-31 03604967 frs-core:CurrentFinancialInstruments 2023-07-31 03604967 frs-core:Non-currentFinancialInstruments 2023-07-31 03604967 frs-core:OtherReservesSubtotal 2023-07-31 03604967 frs-core:ShareCapital 2023-07-31 03604967 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 03604967 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-07-31
Registered number: 03604967
P & G Enterprises (Merseyside) Limited
Financial Statements
For The Year Ended 31 July 2024
Charles & Co.
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03604967
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29 34
Investment Properties 5 938,000 938,000
938,029 938,034
CURRENT ASSETS
Debtors 6 724 577
Cash at bank and in hand 51,617 46,732
52,341 47,309
Creditors: Amounts Falling Due Within One Year 7 (22,317 ) (22,551 )
NET CURRENT ASSETS (LIABILITIES) 30,024 24,758
TOTAL ASSETS LESS CURRENT LIABILITIES 968,053 962,792
Creditors: Amounts Falling Due After More Than One Year 8 (180,125 ) (195,132 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (73,897 ) (73,897 )
NET ASSETS 714,031 693,763
CAPITAL AND RESERVES
Called up share capital 10 100 100
Other reserves 139,265 139,265
Fair value reserve 11 175,770 175,770
Profit and Loss Account 398,896 378,628
SHAREHOLDERS' FUNDS 714,031 693,763
Page 1
Page 2
For the year ending 31 July 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 his 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 Christopher Pavlou
Director
08/02/2025
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
P & G Enterprises (Merseyside) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03604967 . The registered office is 246 Birchfield Road, Widnes, Cheshire, WA8 9EH.
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 letting of the company's investment properties.

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:
Fixtures & Fittings 15% on reducing balance basis
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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 year 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 on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was  1 (2023: 1)
1 1
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 August 2023 483
As at 31 July 2024 483
Depreciation
As at 1 August 2023 449
Provided during the period 5
As at 31 July 2024 454
Net Book Value
As at 31 July 2024 29
As at 1 August 2023 34
5. Investment Property
2024
£
Fair Value
As at 1 August 2023 and 31 July 2024 938,000
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 724 577
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 99 -
Bank loans and overdrafts 12,001 10,001
Corporation tax 4,750 5,329
Accruals and deferred income 3,298 3,298
Director's loan account 2,169 3,923
22,317 22,551
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 82,151 97,158
Other loans 55,277 55,277
Directors loan account 42,697 42,697
180,125 195,132
Of the creditors falling due after more than one year the following amounts are due after more than five years.
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2024 2023
£ £
Bank loans 27,151 32,158
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 94,356 107,159
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Reserves
Fair Value Reserve
£
As at 1 August 2023 175,770
As at 31 July 2024 175,770
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