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 11652523 Mr Glyn Mullett Mrs Suzanne Mullett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11652523 2024-03-31 11652523 2025-03-31 11652523 2024-04-01 2025-03-31 11652523 frs-core:CurrentFinancialInstruments 2025-03-31 11652523 frs-core:ComputerEquipment 2025-03-31 11652523 frs-core:ComputerEquipment 2024-04-01 2025-03-31 11652523 frs-core:ComputerEquipment 2024-03-31 11652523 frs-core:PlantMachinery 2025-03-31 11652523 frs-core:PlantMachinery 2024-04-01 2025-03-31 11652523 frs-core:PlantMachinery 2024-03-31 11652523 frs-core:ShareCapital 2025-03-31 11652523 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11652523 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11652523 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11652523 frs-bus:SmallEntities 2024-04-01 2025-03-31 11652523 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11652523 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11652523 frs-bus:Director1 2024-04-01 2025-03-31 11652523 frs-bus:Director2 2024-04-01 2025-03-31 11652523 frs-countries:EnglandWales 2024-04-01 2025-03-31 11652523 2023-03-31 11652523 2024-03-31 11652523 2023-04-01 2024-03-31 11652523 frs-core:CurrentFinancialInstruments 2024-03-31 11652523 frs-core:ShareCapital 2024-03-31 11652523 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11652523 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 11652523
Precision Training Analysis And Design Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Hub Accountants Limited
Chartered Accountants
Innovation House
Wincombe Lane
Shaftesbury
Dorset
SP7 8FG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11652523
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,282 2,832
1,282 2,832
CURRENT ASSETS
Debtors 5 28,455 27,945
Cash at bank and in hand 58,143 41,968
86,598 69,913
Creditors: Amounts Falling Due Within One Year 6 (42,561 ) (34,602 )
NET CURRENT ASSETS (LIABILITIES) 44,037 35,311
TOTAL ASSETS LESS CURRENT LIABILITIES 45,319 38,143
PROVISIONS FOR LIABILITIES
Deferred Taxation (243 ) (538 )
NET ASSETS 45,076 37,605
CAPITAL AND RESERVES
Called up share capital 7 6 6
Profit and Loss Account 45,070 37,599
SHAREHOLDERS' FUNDS 45,076 37,605
Page 1
Page 2
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
Mr Glyn Mullett
Director
Mrs Suzanne Mullett
Director
19th 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
Precision Training Analysis And Design Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11652523 . The registered office is 2 Cranborne Drive, Shaftesbury, SP7 9HA.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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
Computer Equipment 33% 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 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.
...CONTINUED
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2.4. Taxation - continued
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 year, 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.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 570 4,439 5,009
As at 31 March 2025 570 4,439 5,009
Depreciation
As at 1 April 2024 403 1,774 2,177
Provided during the period 83 1,467 1,550
As at 31 March 2025 486 3,241 3,727
Net Book Value
As at 31 March 2025 84 1,198 1,282
As at 1 April 2024 167 2,665 2,832
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 25,483 20,849
Prepayments and accrued income 2,972 2,351
Corporation tax recoverable assets - 4,745
28,455 27,945
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 105 3,370
Corporation tax 7,302 -
Other taxes and social security 2,102 2,214
VAT 8,757 5,397
Pension control - 394
Accruals and deferred income 1,080 1,030
Directors' loan accounts 23,215 22,197
42,561 34,602
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 6 6
8. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 22,500 20,000
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