Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10517275 Mr Jake Evans Mr Morgan Faverty iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10517275 2023-12-31 10517275 2024-12-31 10517275 2024-01-01 2024-12-31 10517275 frs-core:CurrentFinancialInstruments 2024-12-31 10517275 frs-core:Non-currentFinancialInstruments 2024-12-31 10517275 frs-core:ComputerEquipment 2024-12-31 10517275 frs-core:ComputerEquipment 2024-01-01 2024-12-31 10517275 frs-core:ComputerEquipment 2023-12-31 10517275 frs-core:FurnitureFittings 2024-12-31 10517275 frs-core:FurnitureFittings 2024-01-01 2024-12-31 10517275 frs-core:FurnitureFittings 2023-12-31 10517275 frs-core:ShareCapital 2024-12-31 10517275 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10517275 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10517275 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10517275 frs-bus:SmallEntities 2024-01-01 2024-12-31 10517275 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10517275 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10517275 frs-bus:Director1 2024-01-01 2024-12-31 10517275 frs-bus:Director2 2024-01-01 2024-12-31 10517275 frs-core:CurrentFinancialInstruments 2 2024-12-31 10517275 frs-countries:EnglandWales 2024-01-01 2024-12-31 10517275 2022-12-31 10517275 2023-12-31 10517275 2023-01-01 2023-12-31 10517275 frs-core:CurrentFinancialInstruments 2023-12-31 10517275 frs-core:Non-currentFinancialInstruments 2023-12-31 10517275 frs-core:ShareCapital 2023-12-31 10517275 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10517275 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 10517275
Pavilion Works Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
FMA Accountants
Chartered Certified Accountants
C/O FMA Online Ltd
Building 3 Chiswick Business Park
566 Chiswick High Road
Chiswick
W4 5YA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10517275
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 39,211 55,474
39,211 55,474
CURRENT ASSETS
Debtors 5 82,965 343,433
Investments 6 2,875 6,218
Cash at bank and in hand 147,883 217,806
233,723 567,457
Creditors: Amounts Falling Due Within One Year 7 (68,785 ) (375,067 )
NET CURRENT ASSETS (LIABILITIES) 164,938 192,390
TOTAL ASSETS LESS CURRENT LIABILITIES 204,149 247,864
Creditors: Amounts Falling Due After More Than One Year 8 - (4,419 )
NET ASSETS 204,149 243,445
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 204,049 243,345
SHAREHOLDERS' FUNDS 204,149 243,445
Page 1
Page 2
For the year ending 31 December 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
Mr Morgan Faverty
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
Pavilion Works Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10517275 . The registered office is Cc211 the Biscuit Factory, 100 Drummond Road, London, SE16 4DG.
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:
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 9)
9 9
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 67,605 63,893 131,498
Additions - 7,319 7,319
Disposals (27,362 ) (23,941 ) (51,303 )
As at 31 December 2024 40,243 47,271 87,514
Depreciation
As at 1 January 2024 39,030 36,994 76,024
Provided during the period 11,821 11,761 23,582
Disposals (27,362 ) (23,941 ) (51,303 )
As at 31 December 2024 23,489 24,814 48,303
Net Book Value
As at 31 December 2024 16,754 22,457 39,211
As at 1 January 2024 28,575 26,899 55,474
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 61,516 321,984
Other debtors 100 100
Intercompany - Doma Works Ltd 21,349 21,349
82,965 343,433
6. Current Asset Investments
2024 2023
£ £
Short term deposits 2,875 6,218
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 19,654 66,608
Bank loans and overdrafts 2,032 -
Corporation tax 11,025 20,321
Other taxes and social security 3,647 14,346
VAT 21,407 130,871
Net wages - 4,161
Accruals and deferred income - 136,845
Other grants 1,000 -
Directors' loan accounts 10,020 1,915
68,785 375,067
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans - 4,419
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5