Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 1405665 Mr Philip Cheshire Mrs Elaine Cheshire Mr Rohan Cheshire Mr P A Cheshire and Mrs E I Cheshire true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 1405665 2023-12-31 1405665 2024-12-31 1405665 2024-01-01 2024-12-31 1405665 frs-core:CurrentFinancialInstruments 2024-12-31 1405665 frs-core:ComputerEquipment 2024-12-31 1405665 frs-core:ComputerEquipment 2024-01-01 2024-12-31 1405665 frs-core:ComputerEquipment 2023-12-31 1405665 frs-core:FurnitureFittings 2024-12-31 1405665 frs-core:FurnitureFittings 2024-01-01 2024-12-31 1405665 frs-core:FurnitureFittings 2023-12-31 1405665 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 1405665 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 1405665 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 1405665 frs-core:PlantMachinery 2024-12-31 1405665 frs-core:PlantMachinery 2024-01-01 2024-12-31 1405665 frs-core:PlantMachinery 2023-12-31 1405665 frs-core:SharePremium 2024-12-31 1405665 frs-core:ShareCapital 2024-12-31 1405665 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 1405665 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 1405665 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 1405665 frs-bus:SmallEntities 2024-01-01 2024-12-31 1405665 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 1405665 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 1405665 frs-bus:OrdinaryShareClass2 2024-01-01 2024-12-31 1405665 frs-bus:OrdinaryShareClass2 2024-12-31 1405665 frs-bus:OrdinaryShareClass3 2024-01-01 2024-12-31 1405665 frs-bus:OrdinaryShareClass3 2024-12-31 1405665 frs-bus:OrdinaryShareClass4 2024-01-01 2024-12-31 1405665 frs-bus:OrdinaryShareClass4 2024-12-31 1405665 1 2024-01-01 2024-12-31 1405665 frs-bus:Director1 2024-01-01 2024-12-31 1405665 frs-bus:Director2 2024-01-01 2024-12-31 1405665 frs-bus:Director3 2024-01-01 2024-12-31 1405665 frs-countries:EnglandWales 2024-01-01 2024-12-31 1405665 2022-12-31 1405665 2023-12-31 1405665 2023-01-01 2023-12-31 1405665 frs-core:CurrentFinancialInstruments 2023-12-31 1405665 frs-core:SharePremium 2023-12-31 1405665 frs-core:ShareCapital 2023-12-31 1405665 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 1405665 frs-bus:OrdinaryShareClass2 2023-01-01 2023-12-31 1405665 frs-bus:OrdinaryShareClass3 2023-01-01 2023-12-31 1405665 frs-bus:OrdinaryShareClass4 2023-01-01 2023-12-31
Registered number: 1405665
Philip A Cheshire Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Tony R Pomfret & Associates
37a High Street
Hoddesdon
EN11 8TA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 1405665
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 272,071 299,037
272,071 299,037
CURRENT ASSETS
Stocks 5 90,058 102,128
Debtors 6 404,755 394,007
Cash at bank and in hand 59,106 39,753
553,919 535,888
Creditors: Amounts Falling Due Within One Year 7 (545,399 ) (421,063 )
NET CURRENT ASSETS (LIABILITIES) 8,520 114,825
TOTAL ASSETS LESS CURRENT LIABILITIES 280,591 413,862
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (52,839 ) (62,199 )
NET ASSETS 227,752 351,663
CAPITAL AND RESERVES
Called up share capital 9 10,000 10,000
Share premium account 27,515 27,515
Profit and Loss Account 190,237 314,148
SHAREHOLDERS' FUNDS 227,752 351,663
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For the year ending 31 December 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 Philip Cheshire
Director
25/05/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Philip A Cheshire Limited Registered number 1405665 is a limited by shares company incorporated in England & Wales. The Registered Office is 37A High Street, Hoddesdon, Herts, EN11 8TA.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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.

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:
Leasehold Over the period of the lease
Plant & Machinery 10% Straight Line
Fixtures & Fittings 10% Straight Line
Computer Equipment 33.3% Straight Line
2.4. 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.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
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2.6. 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: 12 (2023: 12)
12 12
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 64,144 803,182 35,163 23,429 925,918
Additions - 38,700 - - 38,700
As at 31 December 2024 64,144 841,882 35,163 23,429 964,618
Depreciation
As at 1 January 2024 23,366 554,236 28,714 20,565 626,881
Provided during the period 4,276 57,486 2,825 1,079 65,666
As at 31 December 2024 27,642 611,722 31,539 21,644 692,547
Net Book Value
As at 31 December 2024 36,502 230,160 3,624 1,785 272,071
As at 1 January 2024 40,778 248,946 6,449 2,864 299,037
5. Stocks
2024 2023
£ £
Materials 90,058 102,128
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 399,800 389,929
Other debtors 4,955 4,078
404,755 394,007
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 466,571 370,360
Other creditors 46,205 7,691
Taxation and social security 32,623 43,012
545,399 421,063
8. Deferred Taxation
The provision for deferred taxation is made up of accelerated capital allowances.
2024 2023
£ £
Other timing differences 52,839 62,199
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
7,485 Ordinary A shares of £ 1 each 7,485 7,485
2,495 Ordinary B shares of £ 1 each 2,495 2,495
20 Ordinary C shares of £ 1 each 20 20
10,000 10,000
10. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
11. Related Party Transactions
Directors' Loan Accounts

Directors' Loan Accounts

At balance sheet date, the company owed £142 (2023 £477) to Mr P A Cheshire and Mrs E I Cheshire, who are directors and shareholders of the company.
12. Ultimate Controlling Party
The company's ultimate controlling party is Mr P A Cheshire and Mrs E I Cheshire by virtue of their ownership of 99.8% of the issued share capital in the company.
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