Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 06372972 Mr Michael Henderson Mr Andrew Forsyth Mr Robin Jackson Mr David Pickburn Mr Darren Watson Mr Andrew Nicholson Mrs Rachel Westerman Mr Richard Butler Mrs Rachel Westerman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06372972 2023-09-30 06372972 2024-09-30 06372972 2023-10-01 2024-09-30 06372972 frs-core:CurrentFinancialInstruments 2024-09-30 06372972 frs-core:Non-currentFinancialInstruments 2024-09-30 06372972 frs-core:ComputerEquipment 2024-09-30 06372972 frs-core:ComputerEquipment 2023-10-01 2024-09-30 06372972 frs-core:ComputerEquipment 2023-09-30 06372972 frs-core:FurnitureFittings 2024-09-30 06372972 frs-core:FurnitureFittings 2023-10-01 2024-09-30 06372972 frs-core:FurnitureFittings 2023-09-30 06372972 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 06372972 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 06372972 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 06372972 frs-core:MotorVehicles 2024-09-30 06372972 frs-core:MotorVehicles 2023-10-01 2024-09-30 06372972 frs-core:MotorVehicles 2023-09-30 06372972 frs-core:PlantMachinery 2024-09-30 06372972 frs-core:PlantMachinery 2023-10-01 2024-09-30 06372972 frs-core:PlantMachinery 2023-09-30 06372972 frs-core:WithinOneYear 2024-09-30 06372972 frs-core:RevaluationReserve 2023-09-30 06372972 frs-core:RevaluationReserve 2024-09-30 06372972 frs-core:ShareCapital 2024-09-30 06372972 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 06372972 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06372972 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 06372972 frs-bus:SmallEntities 2023-10-01 2024-09-30 06372972 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 06372972 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 06372972 frs-bus:Director1 2023-10-01 2024-09-30 06372972 frs-bus:Director2 2023-10-01 2024-09-30 06372972 frs-bus:Director3 2023-10-01 2024-09-30 06372972 frs-bus:Director4 2023-10-01 2024-09-30 06372972 frs-bus:Director5 2023-10-01 2024-09-30 06372972 frs-bus:Director6 2023-10-01 2024-09-30 06372972 frs-bus:Director7 2023-10-01 2024-09-30 06372972 frs-bus:Director8 2023-10-01 2024-09-30 06372972 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 06372972 frs-core:CurrentFinancialInstruments 1 2024-09-30 06372972 frs-core:CurrentFinancialInstruments 3 2024-09-30 06372972 frs-countries:EnglandWales 2023-10-01 2024-09-30 06372972 2022-09-30 06372972 2023-09-30 06372972 2022-10-01 2023-09-30 06372972 frs-core:CurrentFinancialInstruments 2023-09-30 06372972 frs-core:Non-currentFinancialInstruments 2023-09-30 06372972 frs-core:WithinOneYear 2023-09-30 06372972 frs-core:RevaluationReserve 2023-09-30 06372972 frs-core:ShareCapital 2023-09-30 06372972 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 06372972 frs-core:CurrentFinancialInstruments 1 2023-09-30 06372972 frs-core:CurrentFinancialInstruments 2 2023-09-30 06372972 frs-core:CurrentFinancialInstruments 3 2023-09-30
Registered number: 06372972
Proximity Resourcing Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Proximity Resourcing Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—5

Page 1
Proximity Resourcing Limited
Balance Sheet
As At 30 September 2024
Balance Sheet
Registered number: 06372972

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 391,844 |  | 394,577
|  |  | 391,844 |  | 394,577
CURRENT ASSETS
Debtors | 5 | 487,801 |  | 550,973 |
Cash at bank and in hand |  | 390,111 |  | 416,453 |
|  | 877,912 |  | 967,426 |
Creditors: Amounts Falling Due Within One Year | 6 | (466,632 ) |  | (555,097 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 411,280 |  | 412,329
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 803,124 |  | 806,906
NET ASSETS |  |  | 803,124 |  | 806,906
CAPITAL AND RESERVES
Called up share capital | 8 |  | 250 |  | 250
Revaluation reserve | 9 |  | 137,712 |  | 137,712
Profit and Loss Account |  |  | 665,162 |  | 668,944
SHAREHOLDERS' FUNDS |  |  | 803,124 |  | 806,906

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 Michael Henderson Director
08/05/2025

The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Proximity Resourcing Limited
Notes to the Financial Statements
For The Year Ended 30 September 2024
Notes to the Financial Statements
1. General Information
Proximity Resourcing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06372972 . The registered office is 4-6 Kerry Hill, Horsforth, Leeds, LS18 4AY.
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:

Freehold | 33.33% straight line
Plant & Machinery | 33.33% straight line
Motor Vehicles | 11.55% straight line
Fixtures & Fittings | 20% straight line
Computer Equipment | 33.33% straight line

2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 2
Page 3
Proximity Resourcing Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2024
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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:

| 2024 |  | 2023
--- | --- | --- | ---
Office and administration | 38 |  | 40
| 38 |  | 40

4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings
| £ | £ | £ | £
Cost
As at 1 October 2023 | 387,648 | 18,850 | 52,309 | 75,350
Additions | - | 424 | - | 20,226
As at 30 September 2024 | 387,648 | 19,274 | 52,309 | 95,576
Depreciation
As at 1 October 2023 | 62,647 | 18,577 | 10,992 | 64,314
Provided during the period | - | 184 | 6,736 | 12,042
As at 30 September 2024 | 62,647 | 18,761 | 17,728 | 76,356
Net Book Value
As at 30 September 2024 | 325,001 | 513 | 34,581 | 19,220
As at 1 October 2023 | 325,001 | 273 | 41,317 | 11,036

Page 3
Page 4
Proximity Resourcing Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2024

| Computer Equipment | Total
--- | --- | ---
| £ | £
Cost
As at 1 October 2023 | 250,784 | 784,941
Additions | 5,453 | 26,103
As at 30 September 2024 | 256,237 | 811,044
Depreciation
As at 1 October 2023 | 233,834 | 390,364
Provided during the period | 9,874 | 28,836
As at 30 September 2024 | 243,708 | 419,200
Net Book Value
As at 30 September 2024 | 12,529 | 391,844
As at 1 October 2023 | 16,950 | 394,577

5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 443,957 |  | 468,281
Prepayments and accrued income | 37,824 |  | 69,069
PES Inter company loan - expenses | 7,366 |  | 15,177
StreamTech Limited - company loan account | - |  | 5
| 489,147 |  | 552,532
Due after more than one year
Deferred tax current asset | (1,346 ) |  | (1,559 )
| 487,801 |  | 550,973

6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 33,685 |  | 38,647
Trade creditors | 67,586 |  | 185,986
Corporation tax | 60,701 |  | 54,388
Other taxes and social security | 42,927 |  | 46,476
VAT | 46,070 |  | 28,434
Credit card | 5,040 |  | 1,434
Pension control | 17,616 |  | 17,123
Accruals and deferred income | 193,007 |  | 182,609
| 466,632 |  | 555,097

7. Obligations Under Finance Leases and Hire Purchase

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 33,685 |  | 38,647

Page 4
Page 5
Proximity Resourcing Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2024
8. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 250 |  | 250

9. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 October 2023 | 137,712
As at 30 September 2024 | 137,712

Page 5