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 08255442 Mr Philip Pavitt Mrs Tracey Pavitt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08255442 2024-03-31 08255442 2025-03-31 08255442 2024-04-01 2025-03-31 08255442 frs-core:CurrentFinancialInstruments 2025-03-31 08255442 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08255442 frs-core:LandBuildings 2025-03-31 08255442 frs-core:LandBuildings 2024-04-01 2025-03-31 08255442 frs-core:LandBuildings 2024-03-31 08255442 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 08255442 frs-core:PlantMachinery 2025-03-31 08255442 frs-core:PlantMachinery 2024-04-01 2025-03-31 08255442 frs-core:PlantMachinery 2024-03-31 08255442 frs-core:ShareCapital 2025-03-31 08255442 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08255442 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08255442 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08255442 frs-bus:SmallEntities 2024-04-01 2025-03-31 08255442 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08255442 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08255442 frs-core:UnlistedNon-exchangeTraded 2025-03-31 08255442 frs-core:UnlistedNon-exchangeTraded 2024-03-31 08255442 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 08255442 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 08255442 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 08255442 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 08255442 frs-bus:Director1 2024-04-01 2025-03-31 08255442 frs-bus:Director2 2024-04-01 2025-03-31 08255442 frs-countries:EnglandWales 2024-04-01 2025-03-31 08255442 2023-03-31 08255442 2024-03-31 08255442 2023-04-01 2024-03-31 08255442 frs-core:CurrentFinancialInstruments 2024-03-31 08255442 frs-core:ShareCapital 2024-03-31 08255442 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08255442
Pavitt Associates Limited
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08255442
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 853,261 863,637
Investments 5 20,000 20,000
873,261 883,637
CURRENT ASSETS
Debtors 6 868 1,520
Cash at bank and in hand 4,738 3,798
5,606 5,318
Creditors: Amounts Falling Due Within One Year 7 (389,510 ) (296,118 )
NET CURRENT ASSETS (LIABILITIES) (383,904 ) (290,800 )
TOTAL ASSETS LESS CURRENT LIABILITIES 489,357 592,837
NET ASSETS 489,357 592,837
CAPITAL AND RESERVES
Called up share capital 8 8 8
Profit and Loss Account 489,349 592,829
SHAREHOLDERS' FUNDS 489,357 592,837
Page 1
Page 2
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 Philip Pavitt
Director
19 May 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Pavitt Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08255442 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
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, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and 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:
Freehold
Plant & Machinery 15% Reducing balance
Computer Equipment 33% Straight line
No depreciation is provided on the company's freehold properties since in the opinion of the directors the expected useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The directors undertake an annual impairment review of these properties.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 April 2024 794,465 147,790 942,255
As at 31 March 2025 794,465 147,790 942,255
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2024 - 78,618 78,618
Provided during the period - 10,376 10,376
As at 31 March 2025 - 88,994 88,994
Net Book Value
As at 31 March 2025 794,465 58,796 853,261
As at 1 April 2024 794,465 69,172 863,637
5. Investments
Unlisted
£
Cost
As at 1 April 2024 20,000
As at 31 March 2025 20,000
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 20,000
As at 1 April 2024 20,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 55 590
Other debtors 813 930
868 1,520
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 389,510 296,118
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 8 8
Page 4