Acorah Software Products - Accounts Production 16.4.675 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 08996723 Claire Short Steven Bruce iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08996723 2024-04-30 08996723 2025-04-30 08996723 2024-05-01 2025-04-30 08996723 frs-core:CurrentFinancialInstruments 2025-04-30 08996723 frs-core:Non-currentFinancialInstruments 2025-04-30 08996723 frs-core:ComputerEquipment 2025-04-30 08996723 frs-core:ComputerEquipment 2024-05-01 2025-04-30 08996723 frs-core:ComputerEquipment 2024-04-30 08996723 frs-core:FurnitureFittings 2025-04-30 08996723 frs-core:FurnitureFittings 2024-05-01 2025-04-30 08996723 frs-core:FurnitureFittings 2024-04-30 08996723 frs-core:PlantMachinery 2025-04-30 08996723 frs-core:PlantMachinery 2024-05-01 2025-04-30 08996723 frs-core:PlantMachinery 2024-04-30 08996723 frs-core:ShareCapital 2025-04-30 08996723 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 08996723 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 08996723 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 08996723 frs-bus:SmallEntities 2024-05-01 2025-04-30 08996723 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 08996723 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 08996723 frs-bus:Director1 2024-05-01 2025-04-30 08996723 frs-bus:Director2 2024-05-01 2025-04-30 08996723 frs-countries:EnglandWales 2024-05-01 2025-04-30 08996723 2023-04-30 08996723 2024-04-30 08996723 2023-05-01 2024-04-30 08996723 frs-core:CurrentFinancialInstruments 2024-04-30 08996723 frs-core:Non-currentFinancialInstruments 2024-04-30 08996723 frs-core:ShareCapital 2024-04-30 08996723 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 08996723
Academy Of Physical Medicine Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Kate Brown Accountant
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08996723
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,112 29,100
17,112 29,100
CURRENT ASSETS
Debtors 5 83,079 41,988
Cash at bank and in hand 214,984 166,961
298,063 208,949
Creditors: Amounts Falling Due Within One Year 6 (107,295 ) (77,751 )
NET CURRENT ASSETS (LIABILITIES) 190,768 131,198
TOTAL ASSETS LESS CURRENT LIABILITIES 207,880 160,298
Creditors: Amounts Falling Due After More Than One Year 7 (4,890 ) (8,973 )
NET ASSETS 202,990 151,325
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 202,988 151,323
SHAREHOLDERS' FUNDS 202,990 151,325
For the year ending 30 April 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
Steven Bruce
Director
21/07/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Academy Of Physical Medicine Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08996723 . The registered office is Charles Parker Building (Ground Floor) South Wing, Midland Road, Higham Ferrers, NN10 8DN.
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:
Plant & Machinery 20% Straight line
Fixtures & Fittings 20% 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 7)
7 7
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2024 58,119 25,088 13,012 96,219
Additions 1,266 - 2,416 3,682
As at 30 April 2025 59,385 25,088 15,428 99,901
Depreciation
As at 1 May 2024 38,723 15,783 12,613 67,119
Provided during the period 10,014 4,653 1,003 15,670
As at 30 April 2025 48,737 20,436 13,616 82,789
Net Book Value
As at 30 April 2025 10,648 4,652 1,812 17,112
As at 1 May 2024 19,396 9,305 399 29,100
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 6,046 4,488
Amounts owed by group undertakings 62,846 31,340
Other debtors 14,187 6,160
83,079 41,988
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 9,768 9,627
Other creditors 41,188 27,772
Taxation and social security 56,339 40,352
107,295 77,751
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 4,890 8,973
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 3