Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 03089984 Mr Vincent Friedlander Mr James Hyde iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03089984 2023-08-31 03089984 2024-08-31 03089984 2023-09-01 2024-08-31 03089984 frs-core:CurrentFinancialInstruments 2024-08-31 03089984 frs-core:BetweenOneFiveYears 2024-08-31 03089984 frs-core:ComputerEquipment 2024-08-31 03089984 frs-core:ComputerEquipment 2023-09-01 2024-08-31 03089984 frs-core:ComputerEquipment 2023-08-31 03089984 frs-core:FurnitureFittings 2024-08-31 03089984 frs-core:FurnitureFittings 2023-09-01 2024-08-31 03089984 frs-core:FurnitureFittings 2023-08-31 03089984 frs-core:WithinOneYear 2024-08-31 03089984 frs-core:ShareCapital 2024-08-31 03089984 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 03089984 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 03089984 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 03089984 frs-bus:SmallEntities 2023-09-01 2024-08-31 03089984 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 03089984 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 03089984 frs-bus:Director1 2023-09-01 2024-08-31 03089984 frs-bus:Director2 2023-09-01 2024-08-31 03089984 frs-countries:EnglandWales 2023-09-01 2024-08-31 03089984 2022-08-31 03089984 2023-08-31 03089984 2022-09-01 2023-08-31 03089984 frs-core:CurrentFinancialInstruments 2023-08-31 03089984 frs-core:BetweenOneFiveYears 2023-08-31 03089984 frs-core:WithinOneYear 2023-08-31 03089984 frs-core:ShareCapital 2023-08-31 03089984 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 03089984
Allen Pyke Associates Limited
Financial Statements
For The Year Ended 31 August 2024
Chartered Certified Accountants
First Floor Blackdown House
Blackbrook Business Park
Taunton
TA1 2PX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03089984
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,918 20,504
20,918 20,504
CURRENT ASSETS
Stocks 5 21,144 40,986
Debtors 6 342,482 375,021
Cash at bank and in hand 127,714 215,105
491,340 631,112
Creditors: Amounts Falling Due Within One Year 7 (143,486 ) (202,837 )
NET CURRENT ASSETS (LIABILITIES) 347,854 428,275
TOTAL ASSETS LESS CURRENT LIABILITIES 368,772 448,779
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,230 ) (4,880 )
NET ASSETS 363,542 443,899
CAPITAL AND RESERVES
Called up share capital 8 12,500 12,500
Profit and Loss Account 351,042 431,399
SHAREHOLDERS' FUNDS 363,542 443,899
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Page 2
For the year ending 31 August 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 Vincent Friedlander
Director
4 April 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Allen Pyke Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03089984 . The registered office is C/O Mwr Accountants 1st Floor, Blackdown House, Blackbrook Business Park, Taunton, Somerset, TA1 2PX.
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 rendering of services. Turnover is reduced for estimated customer 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:
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
2.6. 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 years 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 18)
15 18
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 34,301 148,033 182,334
Additions - 7,387 7,387
As at 31 August 2024 34,301 155,420 189,721
Depreciation
As at 1 September 2023 32,943 128,887 161,830
Provided during the period 340 6,633 6,973
As at 31 August 2024 33,283 135,520 168,803
Net Book Value
As at 31 August 2024 1,018 19,900 20,918
As at 1 September 2023 1,358 19,146 20,504
5. Stocks
2024 2023
£ £
Work in progress 21,144 40,986
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 299,826 356,862
Other debtors 42,656 18,159
342,482 375,021
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,612 6,691
Other creditors 98,141 98,404
Taxation and social security 41,733 97,742
143,486 202,837
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 12,500 12,500
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as follows:
The company trades from offices in Cambridge and Kingston upon Thames. The property in Kingston upon Thames is subject to a five year lease renewed in June 2023. The Cambridge office lease is subject to a three month notice period.
2024 2023
£ £
Not later than one year 56,688 53,573
Later than one year and not later than five years 43,500 98,500
100,188 152,073
10. Capital Contribution
On 10 September 2019 the ownership of the entire shareholding of the company passed from Mr DM Allen and Mrs PJ Allen to Allen Pyke Partnership Trust, an Employee Ownership Trust. Allen Pyke Associates Limited made a capital contribution of £0 to the Allen Pyke Partnership Trust in the year to 31 August 2024.
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