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 03649395 Mr Lee Quinn Mrs Charlotte Quinn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03649395 2023-06-30 03649395 2024-06-30 03649395 2023-07-01 2024-06-30 03649395 frs-core:CurrentFinancialInstruments 2024-06-30 03649395 frs-core:ComputerEquipment 2024-06-30 03649395 frs-core:ComputerEquipment 2023-07-01 2024-06-30 03649395 frs-core:ComputerEquipment 2023-06-30 03649395 frs-core:ShareCapital 2024-06-30 03649395 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 03649395 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03649395 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 03649395 frs-bus:SmallEntities 2023-07-01 2024-06-30 03649395 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 03649395 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 03649395 frs-bus:Director1 2023-07-01 2024-06-30 03649395 frs-bus:Director1 2023-06-30 03649395 frs-bus:Director1 2024-06-30 03649395 frs-bus:Director2 2023-07-01 2024-06-30 03649395 frs-core:CurrentFinancialInstruments 1 2024-06-30 03649395 frs-countries:EnglandWales 2023-07-01 2024-06-30 03649395 2022-06-30 03649395 2023-06-30 03649395 2022-07-01 2023-06-30 03649395 frs-core:CurrentFinancialInstruments 2023-06-30 03649395 frs-core:ShareCapital 2023-06-30 03649395 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 03649395 frs-core:CurrentFinancialInstruments 1 2023-06-30
Registered number: 03649395
Perennial Process Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 03649395
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 8,438 9,301
8,438 9,301
Creditors: Amounts Falling Due Within One Year 6 (8,369 ) (9,288 )
NET CURRENT ASSETS (LIABILITIES) 69 13
TOTAL ASSETS LESS CURRENT LIABILITIES 69 13
NET ASSETS 69 13
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account 59 3
SHAREHOLDERS' FUNDS 69 13
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
Mr Lee Quinn
Director
20/03/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Perennial Process Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03649395 . The registered office is 11 Devonshire Street, Penrith, Cumbria, CA11 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.
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:
Computer Equipment 33%
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.


3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 July 2023 1,365
As at 30 June 2024 1,365
Depreciation
As at 1 July 2023 1,365
As at 30 June 2024 1,365
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 490 4,692
Loan to cumbrian Local (150 ) -
Loan to Eden FM (300 ) (300 )
Directors' loan accounts 8,398 4,909
8,438 9,301
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 606 -
Bank loans and overdrafts 5,956 7,465
Corporation tax 1,165 1,217
Accruals and deferred income 642 606
8,369 9,288
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 30 June 2024
£ £ £ £ £
Mr Lee Quinn 4,909 8,398 4,909 - 8,398
The above loan is unsecured, interest free and repayable on demand.
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