Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 11449616 Mr Ben Kelly iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11449616 2023-07-31 11449616 2024-07-31 11449616 2023-08-01 2024-07-31 11449616 frs-core:CurrentFinancialInstruments 2024-07-31 11449616 frs-core:Non-currentFinancialInstruments 2024-07-31 11449616 frs-core:BetweenOneFiveYears 2024-07-31 11449616 frs-core:FurnitureFittings 2024-07-31 11449616 frs-core:FurnitureFittings 2023-08-01 2024-07-31 11449616 frs-core:FurnitureFittings 2023-07-31 11449616 frs-core:NetGoodwill 2024-07-31 11449616 frs-core:NetGoodwill 2023-08-01 2024-07-31 11449616 frs-core:NetGoodwill 2023-07-31 11449616 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 11449616 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 11449616 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-31 11449616 frs-core:MotorVehicles 2024-07-31 11449616 frs-core:MotorVehicles 2023-08-01 2024-07-31 11449616 frs-core:MotorVehicles 2023-07-31 11449616 frs-core:PlantMachinery 2024-07-31 11449616 frs-core:PlantMachinery 2023-08-01 2024-07-31 11449616 frs-core:PlantMachinery 2023-07-31 11449616 frs-core:ShareCapital 2024-07-31 11449616 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 11449616 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11449616 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 11449616 frs-bus:SmallEntities 2023-08-01 2024-07-31 11449616 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 11449616 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 11449616 frs-core:UnlistedNon-exchangeTraded 2024-07-31 11449616 frs-core:UnlistedNon-exchangeTraded 2023-07-31 11449616 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-07-31 11449616 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-07-31 11449616 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-07-31 11449616 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 11449616 frs-bus:Director1 2023-08-01 2024-07-31 11449616 frs-countries:EnglandWales 2023-08-01 2024-07-31 11449616 2022-07-31 11449616 2023-07-31 11449616 2022-08-01 2023-07-31 11449616 frs-core:CurrentFinancialInstruments 2023-07-31 11449616 frs-core:Non-currentFinancialInstruments 2023-07-31 11449616 frs-core:BetweenOneFiveYears 2023-07-31 11449616 frs-core:ShareCapital 2023-07-31 11449616 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 11449616
PLYMOUTH LASER AESTHETICS LTD
Unaudited Financial Statements
For The Year Ended 31 July 2024
Trek Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11449616
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,000 1,000
Tangible Assets 5 123,972 38,519
Investments 6 55,000 55,000
179,972 94,519
CURRENT ASSETS
Debtors 7 1,183 25,869
Cash at bank and in hand 23,252 32,902
24,435 58,771
Creditors: Amounts Falling Due Within One Year 8 (120,347 ) (118,736 )
NET CURRENT ASSETS (LIABILITIES) (95,912 ) (59,965 )
TOTAL ASSETS LESS CURRENT LIABILITIES 84,060 34,554
Creditors: Amounts Falling Due After More Than One Year 9 (71,630 ) -
NET ASSETS 12,430 34,554
CAPITAL AND RESERVES
Called up share capital 11 1 1
Profit and Loss Account 12,429 34,553
SHAREHOLDERS' FUNDS 12,430 34,554
Page 1
Page 2
For the year 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 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 Ben Kelly
Director
28th April 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PLYMOUTH LASER AESTHETICS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11449616 . The registered office is Suite 2 The Barbican Centre Lustleigh Close, Marsh Barton Trading Estate, Exeter, Devon, EX2 8PW.
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.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
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:
Leasehold 0%
Plant & Machinery 20%
Motor Vehicles 20%
Fixtures & Fittings 20%
2.5. 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.
Page 3
Page 4
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 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.
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 asset reflects 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 or deferred 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 and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2023 1,000
As at 31 July 2024 1,000
Net Book Value
As at 31 July 2024 1,000
As at 1 August 2023 1,000
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 August 2023 5,000 43,628 5,500 11,800 65,928
Additions - 36,025 75,369 - 111,394
As at 31 July 2024 5,000 79,653 80,869 11,800 177,322
Depreciation
As at 1 August 2023 - 22,800 990 3,619 27,409
Provided during the period - 10,233 14,235 1,473 25,941
As at 31 July 2024 - 33,033 15,225 5,092 53,350
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 July 2024 5,000 46,620 65,644 6,708 123,972
As at 1 August 2023 5,000 20,828 4,510 8,181 38,519
6. Investments
Unlisted
£
Cost
As at 1 August 2023 55,000
As at 31 July 2024 55,000
Provision
As at 1 August 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 55,000
As at 1 August 2023 55,000
7. Debtors
2024 2023
£ £
Due within one year
Other taxes and social security 1,183 -
Director's loan account - 25,869
1,183 25,869
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 481 1,925
Other taxes and social security - 40
VAT 9,078 6,151
Other creditors 107,820 107,820
Accruals and deferred income 2,644 2,800
Director's loan account 324 -
120,347 118,736
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 71,630 -
Page 5
Page 6
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 71,630 -
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 6