Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09071470 Mrs Carolanne Hurley Mr George Harvey Mr Christopher Knowles iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09071470 2023-06-30 09071470 2024-06-30 09071470 2023-07-01 2024-06-30 09071470 frs-core:CurrentFinancialInstruments 2024-06-30 09071470 frs-core:ComputerEquipment 2024-06-30 09071470 frs-core:ComputerEquipment 2023-07-01 2024-06-30 09071470 frs-core:ComputerEquipment 2023-06-30 09071470 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-01 2024-06-30 09071470 frs-core:OtherResidualIntangibleAssets 2024-06-30 09071470 frs-core:OtherResidualIntangibleAssets 2023-06-30 09071470 frs-core:SharePremium 2024-06-30 09071470 frs-core:ShareCapital 2024-06-30 09071470 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09071470 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09071470 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09071470 frs-bus:SmallEntities 2023-07-01 2024-06-30 09071470 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09071470 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09071470 frs-bus:Director1 2023-07-01 2024-06-30 09071470 frs-bus:Director2 2023-07-01 2024-06-30 09071470 frs-bus:Director3 2023-07-01 2024-06-30 09071470 frs-core:CurrentFinancialInstruments 1 2024-06-30 09071470 frs-countries:EnglandWales 2023-07-01 2024-06-30 09071470 2022-06-30 09071470 2023-06-30 09071470 2022-07-01 2023-06-30 09071470 frs-core:CurrentFinancialInstruments 2023-06-30 09071470 frs-core:SharePremium 2023-06-30 09071470 frs-core:ShareCapital 2023-06-30 09071470 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 09071470 frs-core:CurrentFinancialInstruments 1 2023-06-30
Registered number: 09071470
Pay As You Track Limited
Financial Statements
For The Year Ended 30 June 2024
Key Accountancy Services
Chartered Certified Accountant
319a Uttoxeter Road
Blythe Bridge
Stoke on Trent
Staffordshire
ST11 9QA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09071470
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 34 215
34 215
CURRENT ASSETS
Debtors 6 46,571 27,491
Cash at bank and in hand 1,918 1,750
48,489 29,241
Creditors: Amounts Falling Due Within One Year 7 (98,975 ) (82,003 )
NET CURRENT ASSETS (LIABILITIES) (50,486 ) (52,762 )
TOTAL ASSETS LESS CURRENT LIABILITIES (50,452 ) (52,547 )
NET LIABILITIES (50,452 ) (52,547 )
CAPITAL AND RESERVES
Called up share capital 8 108 108
Share premium account 149,970 149,970
Profit and Loss Account (200,530 ) (202,625 )
SHAREHOLDERS' FUNDS (50,452) (52,547)
Page 1
Page 2
For the year ending 30 June 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
Mrs Carolanne Hurley
Director
14/03/2025
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
Pay As You Track Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09071470 . The registered office is Flowery Fields Cottage, Biddulph Common Road, Stoke-on-Trent, Staffordshire, ST8 7SR.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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:
Computer Equipment Striaght line over 3 years
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Intangible Assets
Other
£
Cost
As at 1 July 2023 1,000
As at 30 June 2024 1,000
Amortisation
As at 1 July 2023 1,000
As at 30 June 2024 1,000
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
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5. Tangible Assets
Computer Equipment
£
Cost
As at 1 July 2023 1,735
As at 30 June 2024 1,735
Depreciation
As at 1 July 2023 1,520
Provided during the period 181
As at 30 June 2024 1,701
Net Book Value
As at 30 June 2024 34
As at 1 July 2023 215
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 45,560 26,319
Prepayments and accrued income 933 664
Other debtors - 430
Called up share capital not paid 78 78
46,571 27,491
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,463 3,415
Other taxes and social security 1,663 1,640
VAT 11,550 6,061
Net wages 1,904 2,695
Other creditor balance 127 155
Accruals and deferred income 1,050 975
Directors' loan accounts 74,218 67,062
98,975 82,003
8. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 78 78
Called Up Share Capital has been paid up 30 30
Amount of Allotted, Called Up Share Capital 108 108
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