Acorah Software Products - Accounts Production 16.2.850 false true false 24 July 2023 31 July 2024 31 July 2024 15024276 Mrs Suzanne Wagstaff Mr Martin Wagstaff iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15024276 2023-07-23 15024276 2024-07-31 15024276 2023-07-24 2024-07-31 15024276 frs-core:CurrentFinancialInstruments 2024-07-31 15024276 frs-core:ComputerEquipment 2024-07-31 15024276 frs-core:ComputerEquipment 2023-07-24 2024-07-31 15024276 frs-core:ComputerEquipment 2023-07-23 15024276 frs-core:FurnitureFittings 2024-07-31 15024276 frs-core:FurnitureFittings 2023-07-24 2024-07-31 15024276 frs-core:FurnitureFittings 2023-07-23 15024276 frs-core:ShareCapital 2024-07-31 15024276 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 15024276 frs-bus:PrivateLimitedCompanyLtd 2023-07-24 2024-07-31 15024276 frs-bus:FilletedAccounts 2023-07-24 2024-07-31 15024276 frs-bus:SmallEntities 2023-07-24 2024-07-31 15024276 frs-bus:AuditExempt-NoAccountantsReport 2023-07-24 2024-07-31 15024276 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-24 2024-07-31 15024276 frs-bus:Director1 2023-07-24 2024-07-31 15024276 frs-bus:Director2 2023-07-24 2024-07-31 15024276 frs-countries:EnglandWales 2023-07-24 2024-07-31
Registered number: 15024276
Pages Accountancy Solutions Limited
Unaudited Financial Statements
For the Period 24 July 2023 to 31 July 2024
Pages Accountancy Solutions Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 15024276
31 July 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,488
1,488
CURRENT ASSETS
Debtors 5 3,442
Cash at bank and in hand 3,018
6,460
Creditors: Amounts Falling Due Within One Year 6 (5,361 )
NET CURRENT ASSETS (LIABILITIES) 1,099
TOTAL ASSETS LESS CURRENT LIABILITIES 2,587
PROVISIONS FOR LIABILITIES
Deferred Taxation (283 )
NET ASSETS 2,304
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account 2,204
SHAREHOLDERS' FUNDS 2,304
For the period ending 31 July 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 Suzanne Wagstaff
Director
21/04/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Pages Accountancy Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15024276 . The registered office is 6 Bannister Green Villas, Felsted, Dunmow, Essex, CM6 3NN.
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. Significant judgements and estimations
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
There are no estimates and assumptions which have had significant risk of causing a material adjustment to the carrying amount of assets and liabilities.
2.3. 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. 
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.
2.4. 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:
Furniture & Fittings 25% Reducing balance
Computer Equipment 25% Straight Line
2.5. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
The company only enters into basic financial instruments that result in the recogition of financial assets and liabilities such as trade debtors and trade creditors.
Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
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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.
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 period, 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Furniture & Fittings Computer Equipment Total
£ £ £
Cost
As at 24 July 2023 307 1,430 1,737
As at 31 July 2024 307 1,430 1,737
Depreciation
As at 24 July 2023 - - -
Provided during the period 77 172 249
As at 31 July 2024 77 172 249
Net Book Value
As at 31 July 2024 230 1,258 1,488
As at 24 July 2023 307 1,430 1,737
5. Debtors
31 July 2024
£
Due within one year
Trade debtors 2,160
Other debtors 1,282
3,442
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Page 4
6. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Trade creditors 839
Other creditors 3,826
Taxation and social security 696
5,361
7. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 100
100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.
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