Acorah Software Products - Accounts Production 16.4.660 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 4399846 Mr THARMARAJAH THIRUMAGAN true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 4399846 2024-03-31 4399846 2025-03-31 4399846 2024-04-01 2025-03-31 4399846 frs-core:CurrentFinancialInstruments 2025-03-31 4399846 frs-core:Non-currentFinancialInstruments 2025-03-31 4399846 frs-core:FurnitureFittings 2024-04-01 2025-03-31 4399846 frs-core:MotorVehicles 2025-03-31 4399846 frs-core:MotorVehicles 2024-04-01 2025-03-31 4399846 frs-core:MotorVehicles 2024-03-31 4399846 frs-core:PlantMachinery 2024-04-01 2025-03-31 4399846 frs-core:ShareCapital 2025-03-31 4399846 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 4399846 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 4399846 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 4399846 frs-bus:SmallEntities 2024-04-01 2025-03-31 4399846 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 4399846 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 4399846 1 2024-04-01 2025-03-31 4399846 frs-bus:Director1 2024-04-01 2025-03-31 4399846 frs-countries:EnglandWales 2024-04-01 2025-03-31 4399846 2023-03-31 4399846 2024-03-31 4399846 2023-04-01 2024-03-31 4399846 frs-core:CurrentFinancialInstruments 2024-03-31 4399846 frs-core:Non-currentFinancialInstruments 2024-03-31 4399846 frs-core:ShareCapital 2024-03-31 4399846 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 4399846
PROFESSIONAL SYSTEMS INTEGRATORS LTD
Financial Statements
For The Year Ended 31 March 2025
Tamsons Accounting & Tax Consultancy Ltd
Financial Accountants'
53-55 College Road
Bromley
Kent
BR1 3QG
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Company Information
Director Mr THARMARAJAH THIRUMAGAN
Company Number 4399846
Registered Office 37 EDGEMOOR DRIVE
UPPER KILLAY
SWANSEA
SA2 7HH
Accountants Tamsons Accounting & Tax Consultancy Ltd
Financial Accountants'
53-55 College Road
Bromley
Kent
BR1 3QG
Page 1
Page 2
Balance Sheet
Registered number: 4399846
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,374 11,431
9,374 11,431
CURRENT ASSETS
Cash at bank and in hand 151 2,265
151 2,265
Creditors: Amounts Falling Due Within One Year 5 (18,213 ) (23,915 )
NET CURRENT ASSETS (LIABILITIES) (18,062 ) (21,650 )
TOTAL ASSETS LESS CURRENT LIABILITIES (8,688 ) (10,219 )
Creditors: Amounts Falling Due After More Than One Year 6 (42,626 ) (54,006 )
NET LIABILITIES (51,314 ) (64,225 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (51,315 ) (64,226 )
SHAREHOLDERS' FUNDS (51,314) (64,225)
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 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 Profit and Loss Account.
On behalf of the board
Mr THARMARAJAH THIRUMAGAN
Director
18/07/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PROFESSIONAL SYSTEMS INTEGRATORS LTD Registered number 4399846 is a limited by shares company incorporated in England & Wales. The Registered Office is 37 EDGEMOOR DRIVE, UPPER KILLAY, SWANSEA, SA2 7HH.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 18% @WDV
Motor Vehicles 18@ocost
Fixtures & Fittings 18% @WDV
2.4. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 April 2024 25,284
As at 31 March 2025 25,284
Depreciation
As at 1 April 2024 13,853
Provided during the period 2,057
As at 31 March 2025 15,910
Net Book Value
As at 31 March 2025 9,374
As at 1 April 2024 11,431
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 (1 )
Bank loans and overdrafts 1,363 -
Other taxes and social security 350 312
Other creditors 480 960
Director's loan account 16,019 22,644
18,213 23,915
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 42,626 54,006
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
8. Directors Advances, Credits and Guarantees
Dividends paid to directors
2025 2024
£ £
Mr THARMARAJAH THIRUMAGAN 10,000 -
9. Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
Page 4