Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 05521970 Mr Phillip Patsias Mr Benjamin Georget Mr Benjamin Georget iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05521970 2023-07-31 05521970 2024-07-31 05521970 2023-08-01 2024-07-31 05521970 frs-core:CurrentFinancialInstruments 2024-07-31 05521970 frs-core:Non-currentFinancialInstruments 2024-07-31 05521970 frs-core:ComputerEquipment 2024-07-31 05521970 frs-core:ComputerEquipment 2023-08-01 2024-07-31 05521970 frs-core:ComputerEquipment 2023-07-31 05521970 frs-core:FurnitureFittings 2024-07-31 05521970 frs-core:FurnitureFittings 2023-08-01 2024-07-31 05521970 frs-core:FurnitureFittings 2023-07-31 05521970 frs-core:PlantMachinery 2024-07-31 05521970 frs-core:PlantMachinery 2023-08-01 2024-07-31 05521970 frs-core:PlantMachinery 2023-07-31 05521970 frs-core:ShareCapital 2024-07-31 05521970 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 05521970 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05521970 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 05521970 frs-bus:SmallEntities 2023-08-01 2024-07-31 05521970 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 05521970 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05521970 frs-core:AcceleratedTaxDepreciationDeferredTax 2024-07-31 05521970 frs-bus:Director1 2023-08-01 2024-07-31 05521970 frs-bus:Director2 2023-08-01 2024-07-31 05521970 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 05521970 1 2023-08-01 2024-07-31 05521970 frs-countries:EnglandWales 2023-08-01 2024-07-31 05521970 2022-07-31 05521970 2023-07-31 05521970 2022-08-01 2023-07-31 05521970 frs-core:CurrentFinancialInstruments 2023-07-31 05521970 frs-core:Non-currentFinancialInstruments 2023-07-31 05521970 frs-core:ShareCapital 2023-07-31 05521970 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 05521970 frs-core:AcceleratedTaxDepreciationDeferredTax 2023-07-31 05521970 1 2022-08-01 2023-07-31
Registered number: 05521970
Page Global Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Mac Kotecha & Company
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05521970
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,834 12,380
9,834 12,380
CURRENT ASSETS
Stocks 6,000 39,900
Debtors 5 160,932 237,789
Cash at bank and in hand 11,032 123,271
177,964 400,960
Creditors: Amounts Falling Due Within One Year 6 (89,501 ) (303,778 )
NET CURRENT ASSETS (LIABILITIES) 88,463 97,182
TOTAL ASSETS LESS CURRENT LIABILITIES 98,297 109,562
Creditors: Amounts Falling Due After More Than One Year 7 (9,059 ) (19,101 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (2,458 ) (3,095 )
NET ASSETS 86,780 87,366
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account 85,780 86,366
SHAREHOLDERS' FUNDS 86,780 87,366
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 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 Benjamin Georget
Director
28/04/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Page Global Ltd Registered number 05521970 is a limited by shares company incorporated in England & Wales. The Registered Office is Block C Unit 9d, Cranborne Road, Potters Bar, Hertfordshire, EN6 3JN.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% on reducing balance
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.
2.5. 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.
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.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Average number of employees 6 8
6 8
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 24,238 480 5,083 29,801
Additions 340 - 481 821
As at 31 July 2024 24,578 480 5,564 30,622
Depreciation
As at 1 August 2023 12,385 278 4,758 17,421
Provided during the period 3,048 51 268 3,367
As at 31 July 2024 15,433 329 5,026 20,788
Net Book Value
As at 31 July 2024 9,145 151 538 9,834
As at 1 August 2023 11,853 202 325 12,380
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 19,225 97,097
Amounts owed by participating interests 140,692 140,692
Other debtors 1,015 -
160,932 237,789
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,797 16,202
Bank loans and overdrafts 10,423 12,214
Other creditors 43,181 226,717
Taxation and social security 32,100 48,645
89,501 303,778
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,059 19,101
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Accelerated capital allowances 2,458 3,095
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 76,200 81,700
Included in total dividends paid of £76,200 (2023: £81,700) were dividends paid to the following directors:
Mr Benjamin Georget: £38,100 (2023: £40,850)
Mr Phil Patsias: £38,100 (2023: £40,850)
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