Acorah Software Products - Accounts Production 16.3.350 false true 30 April 2023 1 May 2022 false 28 April 2025 1 May 2023 30 April 2024 30 April 2024 08510131 Mr Leoncio Touceda Taboada iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08510131 2023-04-30 08510131 2024-04-30 08510131 2023-05-01 2024-04-30 08510131 frs-core:CurrentFinancialInstruments 2024-04-30 08510131 frs-core:Non-currentFinancialInstruments 2024-04-30 08510131 frs-core:ComputerEquipment 2024-04-30 08510131 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08510131 frs-core:ComputerEquipment 2023-04-30 08510131 frs-core:ShareCapital 2024-04-30 08510131 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08510131 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08510131 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08510131 frs-bus:SmallEntities 2023-05-01 2024-04-30 08510131 frs-bus:Audited 2023-05-01 2024-04-30 08510131 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08510131 frs-bus:Director1 2023-05-01 2024-04-30 08510131 frs-countries:EnglandWales 2023-05-01 2024-04-30 08510131 2022-04-30 08510131 2023-04-30 08510131 2022-05-01 2023-04-30 08510131 frs-core:CurrentFinancialInstruments 2023-04-30 08510131 frs-core:Non-currentFinancialInstruments 2023-04-30 08510131 frs-core:ShareCapital 2023-04-30 08510131 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08510131
PLEXUS TECH LTD.
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 08510131
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 117,220 296,159
Cash at bank and in hand 269,942 145,521
387,162 441,680
Creditors: Amounts Falling Due Within One Year 6 (99,800 ) (169,318 )
NET CURRENT ASSETS (LIABILITIES) 287,362 272,362
TOTAL ASSETS LESS CURRENT LIABILITIES 287,362 272,362
Creditors: Amounts Falling Due After More Than One Year 7 (37,435 ) (37,435 )
NET ASSETS 249,927 234,927
CAPITAL AND RESERVES
Called up share capital 8 300,000 300,000
Profit and Loss Account (50,073 ) (65,073 )
SHAREHOLDERS' FUNDS 249,927 234,927
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 Leoncio Touceda Taboada
Director
28/04/2025
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
PLEXUS TECH LTD. is a private company, limited by shares, incorporated in England & Wales, registered number 08510131 . The registered office is 43 Berkeley Square, London, W1J 5AP.
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.

2.3. 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:

Computer Equipment 25% Reducing Balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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. 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: NIL (2023: NIL)
- -
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Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2023 9,510
As at 30 April 2024 9,510
Depreciation
As at 1 May 2023 9,510
As at 30 April 2024 9,510
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 -
5. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 106,942 295,059
Prepayments and accrued income - 400
Other debtors - 700
VAT 10,278 -
117,220 296,159
6. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 70,790 96,770
Corporation tax 4,007 29,466
Other taxes and social security - 382
VAT - 42,700
Accruals and deferred income 25,003 -
99,800 169,318
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Amounts owed to parent undertaking 37,435 37,435
8. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 300,000 300,000
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Page 4
9. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
10. Audit Information
The auditor's report on the accounts of PLEXUS TECH LTD. for the year ended 30 April 2024 was unqualified.
The auditor's report was signed by Nigel Meredith FCA (Senior Statutory Auditor) for and on behalf of Folkes Worton LLP , Statutory Auditor.
Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU
Page 4