Acorah Software Products - Accounts Production 16.3.350 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 04907841 Mr Philip Wilson Mrs Sarah Wilson Mrs Sarah Wilson Phil & Sarah Wilson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04907841 2023-09-30 04907841 2024-09-30 04907841 2023-10-01 2024-09-30 04907841 frs-core:CurrentFinancialInstruments 2024-09-30 04907841 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-09-30 04907841 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 04907841 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-30 04907841 frs-core:FurnitureFittings 2024-09-30 04907841 frs-core:FurnitureFittings 2023-10-01 2024-09-30 04907841 frs-core:FurnitureFittings 2023-09-30 04907841 frs-core:NetGoodwill 2024-09-30 04907841 frs-core:NetGoodwill 2023-10-01 2024-09-30 04907841 frs-core:NetGoodwill 2023-09-30 04907841 frs-core:ShareCapital 2024-09-30 04907841 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04907841 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04907841 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 04907841 frs-bus:SmallEntities 2023-10-01 2024-09-30 04907841 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04907841 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04907841 frs-bus:OrdinaryShareClass1 2023-10-01 2024-09-30 04907841 frs-bus:OrdinaryShareClass1 2024-09-30 04907841 1 2023-10-01 2024-09-30 04907841 frs-core:CostValuation 2023-09-30 04907841 frs-core:CostValuation 2024-09-30 04907841 frs-core:ProvisionsForImpairmentInvestments 2023-09-30 04907841 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 04907841 frs-bus:Director1 2023-10-01 2024-09-30 04907841 frs-bus:Director1 2023-09-30 04907841 frs-bus:Director1 2024-09-30 04907841 frs-bus:Director2 2023-10-01 2024-09-30 04907841 frs-bus:Director2 2023-09-30 04907841 frs-bus:Director2 2024-09-30 04907841 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 04907841 frs-core:CurrentFinancialInstruments 1 2024-09-30 04907841 frs-core:CurrentFinancialInstruments 3 2024-09-30 04907841 frs-core:CurrentFinancialInstruments 4 2024-09-30 04907841 frs-countries:EnglandWales 2023-10-01 2024-09-30 04907841 2022-09-30 04907841 2023-09-30 04907841 2022-10-01 2023-09-30 04907841 frs-core:CurrentFinancialInstruments 2023-09-30 04907841 frs-core:ShareCapital 2023-09-30 04907841 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 04907841 frs-bus:OrdinaryShareClass1 2022-10-01 2023-09-30 04907841 frs-core:CurrentFinancialInstruments 1 2023-09-30 04907841 frs-core:CurrentFinancialInstruments 3 2023-09-30 04907841 frs-core:CurrentFinancialInstruments 4 2023-09-30
Registered number: 04907841
Pneuma Data Solutions Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 04907841
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 97,675 105,400
Tangible Assets 5 379 958
Investments 6 7,591 7,591
105,645 113,949
CURRENT ASSETS
Debtors 7 42,319 39,975
Cash at bank and in hand 144 142
42,463 40,117
Creditors: Amounts Falling Due Within One Year 8 (156,500 ) (107,988 )
NET CURRENT ASSETS (LIABILITIES) (114,037 ) (67,871 )
TOTAL ASSETS LESS CURRENT LIABILITIES (8,392 ) 46,078
NET (LIABILITIES)/ASSETS (8,392 ) 46,078
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (8,492 ) 45,978
SHAREHOLDERS' FUNDS (8,392) 46,078
For the year ending 30 September 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
Mr Philip Wilson
Director
20 May 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Pneuma Data Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04907841 . The registered office is 145-147 Hatfield Road, St Albans, Herfordshire, AL1 4JY.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business
2.5. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website development costs. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.6. 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:
Fixtures & Fittings 25% Straight Line, 20% Straight Line on Additions
Fixtures & Fittings additions after 01 October 2018 are depreciated at 20% Straight Line Method. 
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
Page 2
Page 3
4. Intangible Assets
Goodwill Website Development Costs Total
£ £ £
Cost
As at 1 October 2023 40,000 77,250 117,250
As at 30 September 2024 40,000 77,250 117,250
Amortisation
As at 1 October 2023 - 11,850 11,850
Provided during the period - 7,725 7,725
As at 30 September 2024 - 19,575 19,575
Net Book Value
As at 30 September 2024 40,000 57,675 97,675
As at 1 October 2023 40,000 65,400 105,400
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 October 2023 25,781
As at 30 September 2024 25,781
Depreciation
As at 1 October 2023 24,823
Provided during the period 579
As at 30 September 2024 25,402
Net Book Value
As at 30 September 2024 379
As at 1 October 2023 958
6. Investments
Other
£
Cost
As at 1 October 2023 7,591
As at 30 September 2024 7,591
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 7,591
As at 1 October 2023 7,591
Page 3
Page 4
7. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings - Elocon Services Ltd 33,665 32,765
Amounts owed by group undertakings - The Sim Guys Ltd 1,350 1,350
Corporation tax recoverable assets 7,304 5,860
42,319 39,975
Included within amount owed by Connected Companies, £33,665 (2023: £32,765) owed by Elocon Services Ltd (Company no. 08755569) and £1,350 (2023: £1,350) owed by The Sim Guys Ltd (company no. 08196145) in which Phil Wilson is also a director.
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 18,495 14,002
Other taxes and social security 436 344
VAT 285 235
Bounce Back Loan 36,039 38,811
Accruals and deferred income 1,500 1,500
Directors' loan accounts 99,745 53,096
156,500 107,988
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
10. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans by directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr Philip Wilson (26,548 ) 1,925 (25,250 ) - (49,873 )
Mrs Sarah Wilson (26,548 ) 1,926 (25,250 ) - (49,872 )
The above loan is unsecured, interest free and repayable on demand.
11. Ultimate Controlling Party
The company's ultimate controlling parties are Phil & Sarah Wilson by virtue of their ownership of 100% of the issued share capital in the company.
Page 4