Acorah Software Products - Accounts Production 16.3.350 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09694717 Mrs S D Moore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09694717 2023-07-31 09694717 2024-07-31 09694717 2023-08-01 2024-07-31 09694717 frs-core:CurrentFinancialInstruments 2024-07-31 09694717 frs-core:Non-currentFinancialInstruments 2024-07-31 09694717 frs-core:ShareCapital 2024-07-31 09694717 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09694717 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09694717 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 09694717 frs-bus:SmallEntities 2023-08-01 2024-07-31 09694717 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09694717 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09694717 frs-bus:Director1 2023-08-01 2024-07-31 09694717 frs-core:CurrentFinancialInstruments 1 2024-07-31 09694717 frs-core:CurrentFinancialInstruments 2 2024-07-31 09694717 frs-core:CurrentFinancialInstruments 3 2024-07-31 09694717 frs-core:CurrentFinancialInstruments 4 2024-07-31 09694717 frs-countries:EnglandWales 2023-08-01 2024-07-31 09694717 2022-07-31 09694717 2023-07-31 09694717 2022-08-01 2023-07-31 09694717 frs-core:CurrentFinancialInstruments 2023-07-31 09694717 frs-core:Non-currentFinancialInstruments 2023-07-31 09694717 frs-core:ShareCapital 2023-07-31 09694717 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 09694717 frs-core:CurrentFinancialInstruments 1 2023-07-31 09694717 frs-core:CurrentFinancialInstruments 2 2023-07-31 09694717 frs-core:CurrentFinancialInstruments 3 2023-07-31 09694717 frs-core:CurrentFinancialInstruments 4 2023-07-31
Registered number: 09694717
Pentastage Management Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
JOHN BIRD
Chartered Accountants
26 Brookfield Street
Syston
LEICESTER
LE7 2AD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09694717
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 41 160
Cash at bank and in hand 73 13
114 173
Creditors: Amounts Falling Due Within One Year 5 (4,665 ) (7,234 )
NET CURRENT ASSETS (LIABILITIES) (4,551 ) (7,061 )
TOTAL ASSETS LESS CURRENT LIABILITIES (4,551 ) (7,061 )
Creditors: Amounts Falling Due After More Than One Year 6 (1,250 ) (2,750 )
NET LIABILITIES (5,801 ) (9,811 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (5,803 ) (9,813 )
SHAREHOLDERS' FUNDS (5,801) (9,811)
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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 her 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 S D Moore
Director
29/04/2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Pentastage Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09694717 . The registered office is Unit 21, 4 Grimes Close, Birstall, Leicester, LE4 3EN. The financial statements are presented in Sterling which is the functional currency of the company.
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 FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Going Concern Disclosure
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future. Furthermore, the director will provide financial support to the company such that it may meet its financial obligations as they fall due. Thus, the company continues to adopt the going concern basis in preparing the financial statements.
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. 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.
2.4. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 41 160
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1,620
Bank loans and overdrafts 1,500 1,500
Theatre Tent Co Ltd loan 464 1,418
TMC Creations Ltd loan 32 713
Circus Adventures Ltd loan 29 59
Theatre Tent Co. Int loan 200 136
Accruals and deferred income 2,440 1,788
4,665 7,234
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,250 2,750
The bank loan was advanced under the bounce back loan scheme, therefore, the entirety of this loan is fully guaranteed by the government.
Bank loans outstanding at the reporting date include instalments due after more than five years of £nil (2023 - £Nil)
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
8. Related Party Transactions
At the balance sheet date a sum of £725 (2023 - £2,326) was owed to companies in which the director has a controlling interest. All such amounts are unsecured, interest-free and repayable upon demand. The total figure owed is included within other creditors.
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