Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 true 13 February 2025 No description of principal activity 1 August 2023 31 July 2024 31 July 2024 04508008 Mr Arman Khachik Mrs Julia Khachik Mrs Julia Khachik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04508008 2023-07-31 04508008 2024-07-31 04508008 2023-08-01 2024-07-31 04508008 frs-core:CurrentFinancialInstruments 2024-07-31 04508008 frs-core:FurnitureFittings 2024-07-31 04508008 frs-core:FurnitureFittings 2023-08-01 2024-07-31 04508008 frs-core:FurnitureFittings 2023-07-31 04508008 frs-core:ShareCapital 2024-07-31 04508008 frs-core:RetainedEarningsAccumulatedLosses 2023-08-01 2024-07-31 04508008 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 04508008 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04508008 frs-bus:FullAccounts 2023-08-01 2024-07-31 04508008 frs-bus:SmallEntities 2023-08-01 2024-07-31 04508008 frs-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 04508008 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 04508008 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-08-01 2024-07-31 04508008 frs-bus:Director1 2023-08-01 2024-07-31 04508008 frs-bus:Director2 2023-08-01 2024-07-31 04508008 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 04508008 frs-countries:EnglandWales 2023-08-01 2024-07-31 04508008 2022-07-31 04508008 2023-07-31 04508008 2022-08-01 2023-07-31 04508008 frs-core:CurrentFinancialInstruments 2023-07-31 04508008 frs-core:ShareCapital 2022-07-31 04508008 frs-core:ShareCapital 2023-07-31 04508008 frs-core:RetainedEarningsAccumulatedLosses 2022-08-01 2023-07-31 04508008 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-07-31 04508008 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 04508008
Pmxit Limited
Directors' Report and
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Company Information 1
Directors' Report 2
Accountants' Report 3
Profit and Loss Account 4
Balance Sheet 5—6
Statement of Changes in Equity 7
Notes to the Financial Statements 8—9
Page 1
Company Information
Directors Mr Arman Khachik
Mrs Julia Khachik
Secretary Mrs Julia Khachik
Company Number 04508008
Registered Office 8 Hazelwell
Brooklands
Sale
Cheshire
M33 3QH
Accountants Leonherman
7 Christie Way
Christie Fields
Manchester
M21 7QY
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 31 July 2024.
Directors
The directors who held office during the year were as follows:
Mr Arman Khachik
Mrs Julia Khachik
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to: 
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr Arman Khachik
Director
13 February 2025
Page 2
Page 3
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Pmxit Limited for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Pmxit Limited for the year ended 31 July 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Pmxit Limited , as a body, in accordance with the terms of our engagement letter dated 08 January 2024. Our work has been undertaken solely to prepare for your approval the accounts of Pmxit Limited and state those matters that we have agreed to state to the directors of Pmxit Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pmxit Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Pmxit Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Pmxit Limited . You consider that Pmxit Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Pmxit Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
13 February 2025
Leonherman
7 Christie Way
Christie Fields
Manchester
M21 7QY
Page 3
Page 4
Profit and Loss Account
2024 2023
Notes £ £
TURNOVER - -
GROSS PROFIT - -
Administrative expenses (2,385 ) (4,469 )
OPERATING LOSS (2,385 ) (4,469 )
Loss on disposal of fixed assets - (11 )
Other interest receivable and similar income 48 31
LOSS BEFORE TAXATION (2,337 ) (4,449 )
Tax on Loss 34 894
LOSS AFTER TAXATION BEING LOSS FOR THE FINANCIAL YEAR (2,303 ) (3,555 )
The notes on pages 8 to 9 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 393 562
393 562
CURRENT ASSETS
Debtors 5 - 865
Cash at bank and in hand 662 1,477
662 2,342
Creditors: Amounts Falling Due Within One Year 6 (1,382 ) (896 )
NET CURRENT ASSETS (LIABILITIES) (720 ) 1,446
TOTAL ASSETS LESS CURRENT LIABILITIES (327 ) 2,008
PROVISIONS FOR LIABILITIES
Deferred Taxation (75 ) (107 )
NET (LIABILITIES)/ASSETS (402 ) 1,901
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account (502 ) 1,801
SHAREHOLDERS' FUNDS (402) 1,901
Page 5
Page 6
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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Arman Khachik
Director
13 February 2025
The notes on pages 8 to 9 form part of these financial statements.
Page 6
Page 7
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 August 2022 100 6,356 6,456
Loss for the year and total comprehensive income - (3,555 ) (3,555)
Dividends paid - (1,000) (1,000)
As at 31 July 2023 and 1 August 2023 100 1,801 1,901
Loss for the year and total comprehensive income - (2,303 ) (2,303)
As at 31 July 2024 100 (502 ) (402)
Page 7
Page 8
Notes to the Financial Statements
1. General Information
Pmxit Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04508008 . The registered office is 8 Hazelwell, Brooklands, Sale, Cheshire, M33 3QH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the entity
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. Revenue is recognised when the service has been completed and approved.
2.3. Tangible Fixed Assets and Depreciation
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
Fixtures & Fittings 30% reducing balance
2.4. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date 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: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 August 2023 1,721
As at 31 July 2024 1,721
Depreciation
As at 1 August 2023 1,159
Provided during the period 169
As at 31 July 2024 1,328
Net Book Value
As at 31 July 2024 393
As at 1 August 2023 562
Page 8
Page 9
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 865
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 145 179
Other creditors 1,237 717
1,382 896
Page 9