Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 March 2025 31 March 2025 06033335 Paul David Taylor Joanne Everill Taylor true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06033335 2023-12-31 06033335 2025-03-31 06033335 2024-01-01 2025-03-31 06033335 frs-core:CurrentFinancialInstruments 2025-03-31 06033335 frs-core:ComputerEquipment 2025-03-31 06033335 frs-core:ComputerEquipment 2024-01-01 2025-03-31 06033335 frs-core:ComputerEquipment 2023-12-31 06033335 frs-core:NetGoodwill 2025-03-31 06033335 frs-core:NetGoodwill 2024-01-01 2025-03-31 06033335 frs-core:NetGoodwill 2023-12-31 06033335 frs-core:PlantMachinery 2025-03-31 06033335 frs-core:PlantMachinery 2024-01-01 2025-03-31 06033335 frs-core:PlantMachinery 2023-12-31 06033335 frs-core:ShareCapital 2025-03-31 06033335 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06033335 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2025-03-31 06033335 frs-bus:FilletedAccounts 2024-01-01 2025-03-31 06033335 frs-bus:SmallEntities 2024-01-01 2025-03-31 06033335 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2025-03-31 06033335 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2025-03-31 06033335 1 2024-01-01 2025-03-31 06033335 frs-bus:Director1 2024-01-01 2025-03-31 06033335 frs-bus:Director2 2024-01-01 2025-03-31 06033335 frs-countries:EnglandWales 2024-01-01 2025-03-31 06033335 2022-12-31 06033335 2023-12-31 06033335 2023-01-01 2023-12-31 06033335 frs-core:CurrentFinancialInstruments 2023-12-31 06033335 frs-core:Non-currentFinancialInstruments 2023-12-31 06033335 frs-core:ShareCapital 2023-12-31 06033335 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 06033335
Paul Taylor Associates Limited
Unaudited Financial Statements
For the Period 1 January 2024 to 31 March 2025
Square Mile Accounting Limited
Arquen House
4-6 Spicer Street
St. Albans
AL3 4PQ
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: 06033335
31 March 2025 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 - 756
- 756
CURRENT ASSETS
Debtors 6 - 1,950
Cash at bank and in hand 8,497 29,281
8,497 31,231
Creditors: Amounts Falling Due Within One Year 7 (4,280 ) (7,262 )
NET CURRENT ASSETS (LIABILITIES) 4,217 23,969
TOTAL ASSETS LESS CURRENT LIABILITIES 4,217 24,725
NET ASSETS 4,217 24,725
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement 4,117 24,625
SHAREHOLDERS' FUNDS 4,217 24,725
For the period 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 Income Statement.
On behalf of the board
Paul David Taylor
Director
28th May 2025
The notes on pages 2 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Paul Taylor Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06033335 . The registered office is Barn Elms Rose Hill, Porthtowan, Truro, Cornwall, TR4 8GJ.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
2.5. 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% on cost
Computer Equipment 33% on cost
2.6. 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 period, 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
Average number of employees, including directors, during the period was: 1 (2023: 1)
1 1
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4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 21,200
As at 31 March 2025 21,200
Amortisation
As at 1 January 2024 21,200
As at 31 March 2025 21,200
Net Book Value
As at 31 March 2025 -
As at 1 January 2024 -
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 670 5,204 5,874
Additions - 142 142
Disposals - (5,346 ) (5,346 )
As at 31 March 2025 670 - 670
Depreciation
As at 1 January 2024 670 4,448 5,118
Provided during the period - 585 585
Disposals - (5,033 ) (5,033 )
As at 31 March 2025 670 - 670
Net Book Value
As at 31 March 2025 - - -
As at 1 January 2024 - 756 756
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Plant & machinery 33% on cost and 25% on cost
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6. Debtors
31 March 2025 31 December 2023
£ £
Due within one year
Prepayments and accrued income - 143
Due after more than one year
Trade debtors - 1,807
- 1,950
7. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 December 2023
£ £
Corporation tax 2,646 5,315
VAT - 345
Accruals and deferred income 1,512 960
Directors' loan accounts 122 642
4,280 7,262
The loan from a director is repayable on demand and interest-free.

8. Share Capital
31 March 2025 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
9. Dividends
31 March 2025 31 December 2023
£ £
On equity shares:
Final dividend paid 31,000 25,000
10. Ultimate Controlling Party
The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the
operational and financial policies of the company.
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