Acorah Software Products - Accounts Production 16.1.300 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 11849491 Mr Steven Seymour iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11849491 2024-02-29 11849491 2025-02-28 11849491 2024-03-01 2025-02-28 11849491 frs-core:CurrentFinancialInstruments 2025-02-28 11849491 frs-core:Non-currentFinancialInstruments 2025-02-28 11849491 frs-core:ComputerEquipment 2025-02-28 11849491 frs-core:ComputerEquipment 2024-03-01 2025-02-28 11849491 frs-core:ComputerEquipment 2024-02-29 11849491 frs-core:FurnitureFittings 2025-02-28 11849491 frs-core:FurnitureFittings 2024-03-01 2025-02-28 11849491 frs-core:FurnitureFittings 2024-02-29 11849491 frs-core:PlantMachinery 2025-02-28 11849491 frs-core:PlantMachinery 2024-03-01 2025-02-28 11849491 frs-core:PlantMachinery 2024-02-29 11849491 frs-core:RevaluationReserve 2024-02-29 11849491 frs-core:RevaluationReserve 2025-02-28 11849491 frs-core:ShareCapital 2025-02-28 11849491 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 11849491 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11849491 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 11849491 frs-bus:SmallEntities 2024-03-01 2025-02-28 11849491 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 11849491 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 11849491 frs-bus:Director1 2024-03-01 2025-02-28 11849491 frs-countries:EnglandWales 2024-03-01 2025-02-28 11849491 2023-02-28 11849491 2024-02-29 11849491 2023-03-01 2024-02-29 11849491 frs-core:CurrentFinancialInstruments 2024-02-29 11849491 frs-core:Non-currentFinancialInstruments 2024-02-29 11849491 frs-core:RevaluationReserve 2024-02-29 11849491 frs-core:ShareCapital 2024-02-29 11849491 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 11849491
PB Fulfilment Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11849491
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 48,084 46,853
48,084 46,853
CURRENT ASSETS
Stocks 5 7,250 5,615
Debtors 6 422,377 392,058
Cash at bank and in hand 64,770 8,709
494,397 406,382
Creditors: Amounts Falling Due Within One Year 7 (276,698 ) (349,639 )
NET CURRENT ASSETS (LIABILITIES) 217,699 56,743
TOTAL ASSETS LESS CURRENT LIABILITIES 265,783 103,596
Creditors: Amounts Falling Due After More Than One Year 8 (31,011 ) (37,964 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,027 ) (5,027 )
NET ASSETS 229,745 60,605
CAPITAL AND RESERVES
Called up share capital 9 200 200
Revaluation reserve 10 14,399 14,399
Profit and Loss Account 215,146 46,006
SHAREHOLDERS' FUNDS 229,745 60,605
Page 1
Page 2
For the year ending 28 February 2025 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 Steven Seymour
Director
3 March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PB Fulfilment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11849491 . The registered office is Unit 8 Alexandria Drive, Ashton-Under-Lyne, OL7 0QN.
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 15% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 33% 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: 12 (2024: 6)
12 6
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2024 44,594 595 11,973 57,162
Additions 7,296 - 1,399 8,695
As at 28 February 2025 51,890 595 13,372 65,857
Depreciation
As at 1 March 2024 8,949 152 1,208 10,309
Provided during the period 5,261 152 2,051 7,464
As at 28 February 2025 14,210 304 3,259 17,773
...CONTINUED
Page 3
Page 4
Net Book Value
As at 28 February 2025 37,680 291 10,113 48,084
As at 1 March 2024 35,645 443 10,765 46,853
5. Stocks
2025 2024
£ £
Stock 7,250 5,615
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 192,061 180,913
Other debtors 230,316 211,145
422,377 392,058
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 84,485 66,378
Factoring liability 7,514 9,837
Other creditors 141,172 219,318
Taxation and social security 43,527 54,106
276,698 349,639
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 31,011 37,964
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
10. Reserves
Revaluation Reserve
£
As at 1 March 2024 14,399
As at 28 February 2025 14,399
Page 4