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 2470739 Mr Colin Burke Mr Gary Corbett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 2470739 2024-03-31 2470739 2025-03-31 2470739 2024-04-01 2025-03-31 2470739 frs-core:CurrentFinancialInstruments 2025-03-31 2470739 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 2470739 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 2470739 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 2470739 frs-core:ShareCapital 2025-03-31 2470739 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 2470739 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 2470739 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 2470739 frs-bus:SmallEntities 2024-04-01 2025-03-31 2470739 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 2470739 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 2470739 frs-bus:Director1 2024-04-01 2025-03-31 2470739 frs-bus:Director2 2024-04-01 2025-03-31 2470739 frs-countries:EnglandWales 2024-04-01 2025-03-31 2470739 2023-03-31 2470739 2024-03-31 2470739 2023-04-01 2024-03-31 2470739 frs-core:CurrentFinancialInstruments 2024-03-31 2470739 frs-core:ShareCapital 2024-03-31 2470739 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 2470739
THE PROFESSIONAL GROUP OF COMPANIES LIMITED
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 2470739
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 274,712 280,318
274,712 280,318
CURRENT ASSETS
Cash at bank and in hand 17,959 29,355
17,959 29,355
Creditors: Amounts Falling Due Within One Year 5 (43,556 ) (51,423 )
NET CURRENT ASSETS (LIABILITIES) (25,597 ) (22,068 )
TOTAL ASSETS LESS CURRENT LIABILITIES 249,115 258,250
NET ASSETS 249,115 258,250
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 249,015 258,150
SHAREHOLDERS' FUNDS 249,115 258,250
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 Colin Burke
Director
Mr Gary Corbett
Director
01/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
THE PROFESSIONAL GROUP OF COMPANIES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 2470739 . The registered office is 187A Ashley Road, Hale, Cheshire, WA15 9SQ.
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.
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. 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:
Freehold 2% on Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2024 417,667
As at 31 March 2025 417,667
Depreciation
As at 1 April 2024 137,349
Provided during the period 5,606
As at 31 March 2025 142,955
Net Book Value
As at 31 March 2025 274,712
As at 1 April 2024 280,318
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 15,259 18,689
Other Creditors and Accruals 26,297 24,734
Directors' loan accounts 2,000 8,000
43,556 51,423
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3