Acorah Software Products - Accounts Production 16.2.850 false true 31 May 2024 1 June 2023 false 1 June 2024 31 March 2025 31 March 2025 08551667 Mr Philip Stapleton Philip Stapleton true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08551667 2024-05-31 08551667 2025-03-31 08551667 2024-06-01 2025-03-31 08551667 frs-core:CurrentFinancialInstruments 2025-03-31 08551667 frs-core:PlantMachinery 2025-03-31 08551667 frs-core:PlantMachinery 2024-06-01 2025-03-31 08551667 frs-core:PlantMachinery 2024-05-31 08551667 frs-core:ShareCapital 2025-03-31 08551667 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08551667 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-03-31 08551667 frs-bus:FilletedAccounts 2024-06-01 2025-03-31 08551667 frs-bus:SmallEntities 2024-06-01 2025-03-31 08551667 frs-bus:AuditExemptWithAccountantsReport 2024-06-01 2025-03-31 08551667 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-03-31 08551667 1 2024-06-01 2025-03-31 08551667 frs-bus:Director1 2024-06-01 2025-03-31 08551667 frs-countries:EnglandWales 2024-06-01 2025-03-31 08551667 2023-05-31 08551667 2024-05-31 08551667 2023-06-01 2024-05-31 08551667 frs-core:CurrentFinancialInstruments 2024-05-31 08551667 frs-core:ShareCapital 2024-05-31 08551667 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 08551667
Photocompsoftware Limited
Financial Statements
For the Period 1 June 2024 to 31 March 2025
DJ Coulter & Associates Limited
Chartered Certified Accountants
Wellesley House
7 Clarence Parade
Cheltenham
GL50 3NY
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Photocompsoftware Limited for the period 1 June 2024 to 31 March 2025
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Photocompsoftware Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Photocompsoftware Limited , as a body, in accordance with the terms of our engagement letter dated 04 September 2019. Our work has been undertaken solely to prepare for your approval the accounts of Photocompsoftware Limited and state those matters that we have agreed to state to the director of Photocompsoftware Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Photocompsoftware Limited and its director as a body for our work or for this report.
It is your duty to ensure that Photocompsoftware Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Photocompsoftware Limited . You consider that Photocompsoftware Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Photocompsoftware Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
9th April 2025
DJ Coulter & Associates Limited
Chartered Certified Accountants
Wellesley House
7 Clarence Parade
Cheltenham
GL50 3NY
Page 1
Page 2
Balance Sheet
Registered number: 08551667
31 March 2025 31 May 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 164
- 164
CURRENT ASSETS
Debtors 5 - 583
Cash at bank and in hand 37 4,984
37 5,567
Creditors: Amounts Falling Due Within One Year 6 (2,608 ) (7,255 )
NET CURRENT ASSETS (LIABILITIES) (2,571 ) (1,688 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,571 ) (1,524 )
NET LIABILITIES (2,571 ) (1,524 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (2,572 ) (1,525 )
SHAREHOLDERS' FUNDS (2,571) (1,524)
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For the period ending 31 March 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 Philip Stapleton
Director
9th April 2025
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Photocompsoftware Limited Registered number 08551667 is a limited by shares company incorporated in England & Wales. The Registered Office is 11 Century Court, Montpellier Grove, Cheltenham, GL50 2XR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. 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 stated at cost less depreciation. 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 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
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. 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.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 June 2024 1,363
Additions 999
Disposals (2,362 )
As at 31 March 2025 -
Depreciation
As at 1 June 2024 1,199
Disposals (1,199 )
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 -
As at 1 June 2024 164
5. Debtors
31 March 2025 31 May 2024
£ £
Due within one year
Prepayments and accrued income - 583
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6. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 May 2024
£ £
Accruals and deferred income - 484
Director's loan account 2,608 6,771
2,608 7,255
7. Share Capital
31 March 2025 31 May 2024
£ £
Allotted, Called up and fully paid 1 1
8. Ultimate Controlling Party
The company's ultimate controlling party is Philip Stapleton by virtue of his ownership of 100% of the issued share capital in the company.
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