Acorah Software Products - Accounts Production 16.3.350 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 10251363 Mrs N Kavanaugh Mr N Maclaurin Mr P Unsworth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10251363 2023-08-31 10251363 2024-08-31 10251363 2023-09-01 2024-08-31 10251363 frs-core:CurrentFinancialInstruments 2024-08-31 10251363 frs-core:Non-currentFinancialInstruments 2024-08-31 10251363 frs-core:FurnitureFittings 2024-08-31 10251363 frs-core:FurnitureFittings 2023-09-01 2024-08-31 10251363 frs-core:FurnitureFittings 2023-08-31 10251363 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 10251363 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 10251363 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-31 10251363 frs-core:SharePremium 2024-08-31 10251363 frs-core:ShareCapital 2024-08-31 10251363 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10251363 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10251363 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 10251363 frs-bus:SmallEntities 2023-09-01 2024-08-31 10251363 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10251363 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10251363 frs-bus:Director1 2023-09-01 2024-08-31 10251363 frs-bus:Director2 2023-09-01 2024-08-31 10251363 frs-bus:Director3 2023-09-01 2024-08-31 10251363 frs-countries:EnglandWales 2023-09-01 2024-08-31 10251363 2022-08-31 10251363 2023-08-31 10251363 2022-09-01 2023-08-31 10251363 frs-core:CurrentFinancialInstruments 2023-08-31 10251363 frs-core:Non-currentFinancialInstruments 2023-08-31 10251363 frs-core:SharePremium 2023-08-31 10251363 frs-core:ShareCapital 2023-08-31 10251363 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 10251363
Pollards Farm Ltd.
Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10251363
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 51,141 61,395
51,141 61,395
CURRENT ASSETS
Stocks 109,105 136,745
Debtors 5 62,134 56,926
Cash at bank and in hand 8,138 63,843
179,377 257,514
Creditors: Amounts Falling Due Within One Year 6 (372,666 ) (310,911 )
NET CURRENT ASSETS (LIABILITIES) (193,289 ) (53,397 )
TOTAL ASSETS LESS CURRENT LIABILITIES (142,148 ) 7,998
Creditors: Amounts Falling Due After More Than One Year 7 (2,983 ) (7,007 )
NET (LIABILITIES)/ASSETS (145,131 ) 991
CAPITAL AND RESERVES
Called up share capital 8 190,555 190,555
Share premium account 1,305,452 1,305,452
Profit and Loss Account (1,641,138 ) (1,495,016 )
SHAREHOLDERS' FUNDS (145,131) 991
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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 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
Mrs N Kavanaugh
Director
29/05/2025
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
Pollards Farm Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 10251363 . The registered office is Pollards Farm, The Common, Harpenden, Hertfordshire, AL5 3PE.

The presentation currency of the financial statements is the Pound Sterling (£).
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. The financial statements have been prepared on a going concern basis following confirmation of the directors continued support.
2.2. Going Concern Disclosure
The directors confirm that,  in their opinion,  the company is a going concern.  Although the shareholder loans are formally repayable on demand,  the lenders—major shareholders—have not sought repayment and in the opinion of the directors are unlikely to do so.  They have also agreed to convert the loans into equity,  should the company choose to do so,  at any time.  This provides a credible option to strengthen the balance sheet without drawing on cash reserves.  On this basis,  and having reviewed current trading and future cash flow forecasts,  in their opinion,  the going concern basis remains appropriate.
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.
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.
2.4. 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:
Leasehold 10% on cost
Fixtures & Fittings 20% on cost
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual value of the assets. The useful economic lives and residual value are reassessed annually. They are amended when necessary to reflect current estimates, future investments and the physical condition of the assets.
2.5. 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 10)
10 10
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4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 September 2023 78,194 42,002 120,196
As at 31 August 2024 78,194 42,002 120,196
Depreciation
As at 1 September 2023 26,419 32,382 58,801
Provided during the period 7,819 2,435 10,254
As at 31 August 2024 34,238 34,817 69,055
Net Book Value
As at 31 August 2024 43,956 7,185 51,141
As at 1 September 2023 51,775 9,620 61,395
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 44,393 48,343
Other debtors 17,741 8,583
62,134 56,926
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 47,051 34,259
Bank loans and overdrafts 4,260 4,260
Other creditors 320,040 271,008
Taxation and social security 1,315 1,384
372,666 310,911
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,983 7,007
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 190,555 190,555
9. Related Party Transactions
At 31 August 2024, the company owed £170,667 (2023 - £126,103) to N Kavanaugh, a director.
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