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 07324611 Mrs Victoria Felstead Mr Anthony Felstead iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07324611 2024-03-31 07324611 2025-03-31 07324611 2024-04-01 2025-03-31 07324611 frs-core:CurrentFinancialInstruments 2025-03-31 07324611 frs-core:PlantMachinery 2025-03-31 07324611 frs-core:PlantMachinery 2024-04-01 2025-03-31 07324611 frs-core:PlantMachinery 2024-03-31 07324611 frs-core:ShareCapital 2025-03-31 07324611 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07324611 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07324611 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07324611 frs-bus:SmallEntities 2024-04-01 2025-03-31 07324611 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07324611 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07324611 frs-bus:OrdinaryShareClass2 2024-04-01 2025-03-31 07324611 frs-bus:OrdinaryShareClass2 2025-03-31 07324611 frs-bus:OrdinaryShareClass3 2024-04-01 2025-03-31 07324611 frs-bus:OrdinaryShareClass3 2025-03-31 07324611 frs-bus:Director1 2024-04-01 2025-03-31 07324611 frs-bus:Director2 2024-04-01 2025-03-31 07324611 frs-countries:EnglandWales 2024-04-01 2025-03-31 07324611 2023-03-31 07324611 2024-03-31 07324611 2023-04-01 2024-03-31 07324611 frs-core:CurrentFinancialInstruments 2024-03-31 07324611 frs-core:ShareCapital 2024-03-31 07324611 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07324611 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31 07324611 frs-bus:OrdinaryShareClass3 2023-04-01 2024-03-31
Registered number: 07324611
Fugu Public Relations Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Craker Business Solutions LTD
Certified Chartered Accountants
4 Spur Road
Cosham
Portsmouth
PO6 3EB
Contents
Page
Accountant's Report 1
Balance Sheet 2
Notes to the Financial Statements 3—5
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Fugu Public Relations Limited for the year ended 31 March 2025
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Fugu Public Relations Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Fugu Public Relations Limited , as a body, in accordance with the terms of our engagement letter dated 15 July 2016. Our work has been undertaken solely to prepare for your approval the accounts of Fugu Public Relations Limited and state those matters that we have agreed to state to the directors of Fugu Public Relations Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fugu Public Relations Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Fugu Public Relations Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Fugu Public Relations Limited . You consider that Fugu Public Relations Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Fugu Public Relations Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
3 June 2025
Craker Business Solutions LTD
Certified Chartered Accountants
4 Spur Road
Cosham
Portsmouth
PO6 3EB
Page 1
Page 2
Balance Sheet
Registered number: 07324611
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 404 2,086
404 2,086
CURRENT ASSETS
Debtors 5 2,401 18,807
Cash at bank and in hand 51,458 112,055
53,859 130,862
Creditors: Amounts Falling Due Within One Year 6 (8,283 ) (18,575 )
NET CURRENT ASSETS (LIABILITIES) 45,576 112,287
TOTAL ASSETS LESS CURRENT LIABILITIES 45,980 114,373
PROVISIONS FOR LIABILITIES
Deferred Taxation (77 ) (396 )
NET ASSETS 45,903 113,977
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account 45,893 113,967
SHAREHOLDERS' FUNDS 45,903 113,977
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
Mrs Victoria Felstead
Director
3 June 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
Fugu Public Relations Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07324611 . The registered office is 78 Shaftesbury Road , Brighton , BN1 4NG.
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. 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:
Plant & Machinery 25% Straight line
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 year 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 asset reflects 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 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.
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2.5. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
The Coronavirus job retention scheme (CJRS) grant income received in the year has been treated as revenue based grant income and has been recognised on an accruals basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 2 8
2 8
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 10,392
Disposals (7,809 )
As at 31 March 2025 2,583
Depreciation
As at 1 April 2024 8,306
Provided during the period 1,682
Disposals (7,809 )
As at 31 March 2025 2,179
Net Book Value
As at 31 March 2025 404
As at 1 April 2024 2,086
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,380 17,792
Prepayments and accrued income 167 1,015
Corporation tax recoverable assets 830 -
Other taxes and social security 24 -
2,401 18,807
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 735 390
Corporation tax - 777
Other taxes and social security - 1,863
VAT 145 5,796
Other creditors - 1,897
Accruals and deferred income 30 6,826
Directors' loan accounts 7,373 1,026
8,283 18,575
7. Share Capital
2025 2024
Allotted, called up and fully paid £ £
5 Ordinary A shares of £ 1.000 each 5 5
5 Ordinary B shares of £ 1.000 each 5 5
10 10
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