Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 10322159 Mr Guy Spelman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10322159 2023-08-31 10322159 2024-08-31 10322159 2023-09-01 2024-08-31 10322159 frs-core:CurrentFinancialInstruments 2024-08-31 10322159 frs-core:Non-currentFinancialInstruments 2024-08-31 10322159 frs-core:ComputerEquipment 2024-08-31 10322159 frs-core:ComputerEquipment 2023-09-01 2024-08-31 10322159 frs-core:ComputerEquipment 2023-08-31 10322159 frs-core:FurnitureFittings 2024-08-31 10322159 frs-core:FurnitureFittings 2023-09-01 2024-08-31 10322159 frs-core:FurnitureFittings 2023-08-31 10322159 frs-core:ShareCapital 2024-08-31 10322159 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10322159 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10322159 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 10322159 frs-bus:SmallEntities 2023-09-01 2024-08-31 10322159 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10322159 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10322159 frs-bus:Director1 2023-09-01 2024-08-31 10322159 frs-core:CurrentFinancialInstruments 1 2024-08-31 10322159 frs-countries:EnglandWales 2023-09-01 2024-08-31 10322159 2022-08-31 10322159 2023-08-31 10322159 2022-09-01 2023-08-31 10322159 frs-core:CurrentFinancialInstruments 2023-08-31 10322159 frs-core:Non-currentFinancialInstruments 2023-08-31 10322159 frs-core:ShareCapital 2023-08-31 10322159 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 10322159 frs-core:CurrentFinancialInstruments 1 2023-08-31
Registered number: 10322159
Pentagon Developments South East Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Director Mr Guy Spelman
Company Number 10322159
Registered Office The Old Barn
Off Wood Street
Swanley Village
Kent
BR8 7PA
Accountants Riddingtons Ltd
The Old Barn
Off Wood Street
Swanley Village
Kent
BR8 7PA
Page 1
Page 2
Balance Sheet
Registered number: 10322159
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,342 1,579
1,342 1,579
CURRENT ASSETS
Debtors 5 22,047 14,185
Cash at bank and in hand 311 27
22,358 14,212
Creditors: Amounts Falling Due Within One Year 6 (13,005 ) (3,481 )
NET CURRENT ASSETS (LIABILITIES) 9,353 10,731
TOTAL ASSETS LESS CURRENT LIABILITIES 10,695 12,310
Creditors: Amounts Falling Due After More Than One Year 7 (10,045 ) (12,505 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (336 ) (281 )
NET ASSETS/(LIABILITIES) 314 (476 )
CAPITAL AND RESERVES
Called up share capital 8 5 5
Profit and Loss Account 309 (481 )
SHAREHOLDERS' FUNDS 314 (476)
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For the year ending 31 August 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 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 Guy Spelman
Director
28/05/2025
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Pentagon Developments South East Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10322159 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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:
Fixtures & Fittings 15% WDV
Computer Equipment 15% WDV
2.4. 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 years 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 1,000 2,910 3,910
As at 31 August 2024 1,000 2,910 3,910
Depreciation
As at 1 September 2023 680 1,651 2,331
Provided during the period 48 189 237
As at 31 August 2024 728 1,840 2,568
Net Book Value
As at 31 August 2024 272 1,070 1,342
As at 1 September 2023 320 1,259 1,579
5. Debtors
2024 2023
£ £
Due within one year
Inter company account 5,000 5,168
Director's loan account 17,047 9,017
22,047 14,185
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 840 1,021
Bank loans and overdrafts 2,460 2,460
Corporation tax 7,705 -
Inter-company account 2,000 -
13,005 3,481
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 10,045 12,505
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5 5
9. Related Party Transactions
Included in the Other Debtors is an amount owed from the company director Mrs A Coleman totalling £17,047 (2023 - £9,017), no interest is to be charged.
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