Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false true No description of principal activity 1 October 2023 30 September 2024 30 September 2024 08372884 Mr Michael Morton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08372884 2023-09-30 08372884 2024-09-30 08372884 2023-10-01 2024-09-30 08372884 frs-core:CurrentFinancialInstruments 2024-09-30 08372884 frs-core:Non-currentFinancialInstruments 2024-09-30 08372884 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08372884 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 08372884 frs-bus:Micro-entities 2023-10-01 2024-09-30 08372884 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08372884 frs-bus:Director1 2023-10-01 2024-09-30 08372884 2022-09-30 08372884 2023-09-30 08372884 2022-10-01 2023-09-30 08372884 frs-core:CurrentFinancialInstruments 2023-09-30 08372884 frs-core:Non-currentFinancialInstruments 2023-09-30
Registered number: 08372884
Power Magnetics Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Martin Nye
Chartered Certified Accountants
186 High Street
Winslow
Buckinghamshire
MK18 3DQ
Balance Sheet
Registered number: 08372884
2024 2023
£ £
Fixed assets 31,033 33,840
Current assets 380,269 321,346
Prepayments and accrued income 10,655 9,836
Creditors: Amounts Falling Due Within One Year (114,539 ) (100,077 )
NET CURRENT ASSETS 276,385 231,105
TOTAL ASSETS LESS CURRENT LIABILITIES 307,418 264,945
Creditors: Amounts Falling Due After More Than One Year (7,500 ) (17,500 )
Accruals and deferred income (3,934 ) (5,406 )
NET ASSETS 295,984 242,039
CAPITAL AND RESERVES 295,984 242,039

Notes

1. General Information
Power Magnetics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08372884 . The registered office is 186 High Street, Winslow, Buckinghamshire, MK18 3DQ. The presentation currency is £ Sterling, rounded to the nearest £1.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Michael Morton
Director
17th March 2025