Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 05968787 Mr Peter Gurney Mrs Rossana Gurney Mr Peter Gurney and Mrs Rossana Gurney true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05968787 2023-10-31 05968787 2024-10-31 05968787 2023-11-01 2024-10-31 05968787 frs-core:CurrentFinancialInstruments 2024-10-31 05968787 frs-core:ComputerEquipment 2024-10-31 05968787 frs-core:ComputerEquipment 2023-11-01 2024-10-31 05968787 frs-core:ComputerEquipment 2023-10-31 05968787 frs-core:NetGoodwill 2024-10-31 05968787 frs-core:NetGoodwill 2023-11-01 2024-10-31 05968787 frs-core:NetGoodwill 2023-10-31 05968787 frs-core:PlantMachinery 2024-10-31 05968787 frs-core:PlantMachinery 2023-11-01 2024-10-31 05968787 frs-core:PlantMachinery 2023-10-31 05968787 frs-core:ShareCapital 2024-10-31 05968787 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 05968787 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 05968787 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 05968787 frs-bus:SmallEntities 2023-11-01 2024-10-31 05968787 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 05968787 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 05968787 frs-bus:OrdinaryShareClass1 2023-11-01 2024-10-31 05968787 frs-bus:OrdinaryShareClass1 2024-10-31 05968787 1 2023-11-01 2024-10-31 05968787 frs-bus:Director1 2023-11-01 2024-10-31 05968787 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 05968787 frs-countries:EnglandWales 2023-11-01 2024-10-31 05968787 2022-10-31 05968787 2023-10-31 05968787 2022-11-01 2023-10-31 05968787 frs-core:CurrentFinancialInstruments 2023-10-31 05968787 frs-core:ShareCapital 2023-10-31 05968787 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 05968787 frs-bus:OrdinaryShareClass1 2022-11-01 2023-10-31
Registered number: 05968787
P G Site Engineering Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Ten Forward Accounting Ltd
Chartered Certified Accountants
Suite 2A, 7th Floor
City Reach, 5 Greenwich View Place
London
E14 9NN
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: 05968787
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 926 836
926 836
CURRENT ASSETS
Debtors 6 9,009 12,063
Cash at bank and in hand 20,968 258
29,977 12,321
Creditors: Amounts Falling Due Within One Year 7 (20,249 ) (11,501 )
NET CURRENT ASSETS (LIABILITIES) 9,728 820
TOTAL ASSETS LESS CURRENT LIABILITIES 10,654 1,656
NET ASSETS 10,654 1,656
CAPITAL AND RESERVES
Called up share capital 8 2 2
Income Statement 10,652 1,654
SHAREHOLDERS' FUNDS 10,654 1,656
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Mr Peter Gurney
Director
15 July 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
P G Site Engineering Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05968787 . The registered office is 676 Field End Road, Ruislip, Middlesex, HA4 0QR.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to income statement over its estimated economic life of ten years.
2.4. 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 Basis
Computer Equipment 25% Straight Line Basis
2.5. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised 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 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.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 2
Page 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2023 60,000
As at 31 October 2024 60,000
Amortisation
As at 1 November 2023 60,000
As at 31 October 2024 60,000
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 -
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 November 2023 18,173 920 19,093
Additions - 677 677
As at 31 October 2024 18,173 1,597 19,770
Depreciation
As at 1 November 2023 17,337 920 18,257
Provided during the period 418 169 587
As at 31 October 2024 17,755 1,089 18,844
Net Book Value
As at 31 October 2024 418 508 926
As at 1 November 2023 836 - 836
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,009 12,063
Page 3
Page 4
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 360
Corporation tax 12,532 5,500
VAT 3,950 3,978
Other creditors 201 -
Accruals and deferred income 2,122 1,364
Director's loan account 1,444 299
20,249 11,501
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.000 each 2 2
9. Ultimate Controlling Party
The company's ultimate controlling party are Mr Peter Gurney and Mrs Rossana Gurney by virtue of their joint ownership of 100% of the issued share capital in the company.
Page 4