Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 06586198 Mr Nawar Alsammarai iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06586198 2023-05-31 06586198 2024-05-31 06586198 2023-06-01 2024-05-31 06586198 frs-core:CurrentFinancialInstruments 2024-05-31 06586198 frs-core:Non-currentFinancialInstruments 2024-05-31 06586198 frs-core:FurnitureFittings 2024-05-31 06586198 frs-core:FurnitureFittings 2023-06-01 2024-05-31 06586198 frs-core:FurnitureFittings 2023-05-31 06586198 frs-core:MotorVehicles 2023-06-01 2024-05-31 06586198 frs-core:PlantMachinery 2024-05-31 06586198 frs-core:PlantMachinery 2023-06-01 2024-05-31 06586198 frs-core:PlantMachinery 2023-05-31 06586198 frs-core:ShareCapital 2024-05-31 06586198 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 06586198 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06586198 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 06586198 frs-bus:SmallEntities 2023-06-01 2024-05-31 06586198 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 06586198 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 06586198 frs-bus:Director1 2023-06-01 2024-05-31 06586198 frs-countries:EnglandWales 2023-06-01 2024-05-31 06586198 2022-05-31 06586198 2023-05-31 06586198 2022-06-01 2023-05-31 06586198 frs-core:CurrentFinancialInstruments 2023-05-31 06586198 frs-core:Non-currentFinancialInstruments 2023-05-31 06586198 frs-core:ShareCapital 2023-05-31 06586198 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 06586198
Partica Kingston Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06586198
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,598 42,130
19,598 42,130
CURRENT ASSETS
Stocks 5 108,500 168,500
Debtors 6 20,724 18,991
Cash at bank and in hand 33,982 46,963
163,206 234,454
Creditors: Amounts Falling Due Within One Year 7 (114,749 ) (176,873 )
NET CURRENT ASSETS (LIABILITIES) 48,457 57,581
TOTAL ASSETS LESS CURRENT LIABILITIES 68,055 99,711
Creditors: Amounts Falling Due After More Than One Year 8 (31,664 ) (36,414 )
NET ASSETS 36,391 63,297
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 36,291 63,197
SHAREHOLDERS' FUNDS 36,391 63,297
Page 1
Page 2
For the year ending 31 May 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 Nawar Alsammarai
Director
26/02/2025
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
Partica Kingston Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06586198 . The registered office is 34-36 Fife Road, Kingston Upon Thames, KT1 1SU.
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:
Plant & Machinery 25% reducing Balance
Motor Vehicles 25% reducing Balance
Fixtures & Fittings 25% 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.
2.5. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 6)
5 6
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 June 2023 25,747 42,851 68,598
Disposals - (12,000 ) (12,000 )
As at 31 May 2024 25,747 30,851 56,598
Depreciation
As at 1 June 2023 9,062 17,406 26,468
Provided during the period 4,171 6,361 10,532
As at 31 May 2024 13,233 23,767 37,000
Net Book Value
As at 31 May 2024 12,514 7,084 19,598
As at 1 June 2023 16,685 25,445 42,130
5. Stocks
2024 2023
£ £
Finished goods 108,500 168,500
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,257 -
Prepayments and accrued income - 11,250
Other debtors 5,500 7,500
VAT 1,967 241
20,724 18,991
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 73,712 124,513
Corporation tax 328 328
Other taxes and social security 865 1,232
Accruals and deferred income 1,145 103
Director's loan account 38,699 50,697
114,749 176,873
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 31,664 36,414
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5