Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09198823 Mr John Zamick Mr Robert Carnell Mr Malcolm Ashworth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09198823 2024-03-31 09198823 2025-03-31 09198823 2024-04-01 2025-03-31 09198823 frs-core:CurrentFinancialInstruments 2025-03-31 09198823 frs-core:Non-currentFinancialInstruments 2025-03-31 09198823 frs-core:ShareCapital 2025-03-31 09198823 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09198823 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09198823 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09198823 frs-bus:SmallEntities 2024-04-01 2025-03-31 09198823 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09198823 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09198823 frs-core:UnlistedNon-exchangeTraded 2025-03-31 09198823 frs-core:UnlistedNon-exchangeTraded 2024-03-31 09198823 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 09198823 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 09198823 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 09198823 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 09198823 frs-bus:Director1 2024-04-01 2025-03-31 09198823 frs-bus:Director1 2024-03-31 09198823 frs-bus:Director1 2025-03-31 09198823 frs-bus:Director2 2024-04-01 2025-03-31 09198823 frs-bus:Director3 2024-04-01 2025-03-31 09198823 frs-countries:EnglandWales 2024-04-01 2025-03-31 09198823 2023-03-31 09198823 2024-03-31 09198823 2023-04-01 2024-03-31 09198823 frs-core:CurrentFinancialInstruments 2024-03-31 09198823 frs-core:Non-currentFinancialInstruments 2024-03-31 09198823 frs-core:ShareCapital 2024-03-31 09198823 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09198823
Participa Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 09198823
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 4 63,250 63,250
63,250 63,250
CURRENT ASSETS
Debtors 5 490,841 481,008
Cash at bank and in hand 19,739 43,978
510,580 524,986
Creditors: Amounts Falling Due Within One Year 6 (378,455 ) (375,014 )
NET CURRENT ASSETS (LIABILITIES) 132,125 149,972
TOTAL ASSETS LESS CURRENT LIABILITIES 195,375 213,222
Creditors: Amounts Falling Due After More Than One Year 7 (232,756 ) (232,756 )
NET LIABILITIES (37,381 ) (19,534 )
CAPITAL AND RESERVES
Called up share capital 8 1,200 1,200
Profit and Loss Account (38,581 ) (20,734 )
SHAREHOLDERS' FUNDS (37,381) (19,534)
For the year ending 31 March 2025 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 John Zamick
Director
21 May 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
Participa Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09198823 . The registered office is 3 Merietts Court, Long Ashton Business Park, Yanley Lane, Long Ashton, Bristol, BS41 9LB.
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. 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 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
There were no employees during the year NIL (2024: NIL)
- -
Page 2
Page 3
4. Investments
Unlisted
£
Cost
As at 1 April 2024 63,250
As at 31 March 2025 63,250
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 63,250
As at 1 April 2024 63,250
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 20,629 12,480
Prepayments and accrued income 1,569 1,403
Corporation tax recoverable assets 17,401 17,018
Directors' loan accounts 51,559 50,424
91,158 81,325
Due after more than one year
Amounts owed by group undertakings 379,000 379,000
Amounts owed by subsidiaries 20,683 20,683
399,683 399,683
490,841 481,008
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 383 17,342
VAT - 480
Accruals and deferred income 20,880 -
Amounts owed to subsidiaries 357,192 357,192
378,455 375,014
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Amounts owed to associates 232,756 232,756
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Page 4
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,200 1,200
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr John Zamick 50,424 1,135 - - 51,559
The above loan is unsecured and repayable on demand.
10. Related Party Transactions
Mr John Zamick is a director and controlling shareholder of Distgen Brayton LGC Ltd. At the year end, Distgen Brayton LGC Ltd owed the company £379,000 (2024: £379,000).
Mr John Zamick is a director and controlling shareholder of Distgen Faccombe LGC Ltd. At the year end, the company owed Distgen Faccombe LGC Ltd £28,199 (2024: £28,199).
Mr John Zamick is a director of Distgen Hinton LGC Ltd. At the year end, Distgen Hinton LGC Ltd owed the company £20,683 (2024: £20,683).
Mr John Zamick is a director and controlling shareholder of Distgen Westray LGC Ltd. At the year end the company owed Distgen Westray LGC Ltd £30,832 (2024: £30,832).
Mr John Zamick is a director and of Distgen Rogershill LGC PLC. At the year end, the company owed Distgen Rogershill LGC PLC £296,759 (2024: £296,759).
Mr John Zamick is a director and controlling shareholder of Smarter Microgrid Ltd. At the year end, the company owed Smarter Microgrid Ltd £232,756 (2024: £232,756).
Mr John Zamick is a director of Distgen Wanstrow LGC Ltd. At the year end, the company owed Distgen Wanstrow LGC Ltd £1,402 (2024: £1,402). 
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