Acorah Software Products - Accounts Production 16.4.675 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 10207700 Mrs Karen Koca Mr Yahya Koca Mr Mustafa Koca iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10207700 2024-05-31 10207700 2025-05-31 10207700 2024-06-01 2025-05-31 10207700 frs-core:CurrentFinancialInstruments 2025-05-31 10207700 frs-core:Non-currentFinancialInstruments 2025-05-31 10207700 frs-core:FurnitureFittings 2025-05-31 10207700 frs-core:FurnitureFittings 2024-06-01 2025-05-31 10207700 frs-core:FurnitureFittings 2024-05-31 10207700 frs-core:ShareCapital 2025-05-31 10207700 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 10207700 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 10207700 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 10207700 frs-bus:SmallEntities 2024-06-01 2025-05-31 10207700 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 10207700 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 10207700 frs-bus:Director1 2024-06-01 2025-05-31 10207700 frs-bus:Director2 2024-06-01 2025-05-31 10207700 frs-bus:Director3 2024-06-01 2025-05-31 10207700 frs-countries:EnglandWales 2024-06-01 2025-05-31 10207700 2023-05-31 10207700 2024-05-31 10207700 2023-06-01 2024-05-31 10207700 frs-core:CurrentFinancialInstruments 2024-05-31 10207700 frs-core:Non-currentFinancialInstruments 2024-05-31 10207700 frs-core:ShareCapital 2024-05-31 10207700 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 10207700
Alex Pen Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
Willis Jones Accountancy Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10207700
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,312 1,640
1,312 1,640
CURRENT ASSETS
Stocks 5 - 5,000
Debtors 6 20 3,600
Cash at bank and in hand 89 4,629
109 13,229
Creditors: Amounts Falling Due Within One Year 7 (9,082 ) (11,885 )
NET CURRENT ASSETS (LIABILITIES) (8,973 ) 1,344
TOTAL ASSETS LESS CURRENT LIABILITIES (7,661 ) 2,984
Creditors: Amounts Falling Due After More Than One Year 8 - (6,927 )
NET LIABILITIES (7,661 ) (3,943 )
CAPITAL AND RESERVES
Called up share capital 9 130 130
Profit and Loss Account (7,791 ) (4,073 )
SHAREHOLDERS' FUNDS (7,661) (3,943)
Page 1
Page 2
For the year ending 31 May 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
Mrs Karen Koca
Director
23/07/2025
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
Alex Pen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10207700 . The registered office is Alex Pen, High Street, Penmaenmawr, Conwy, LL34 6HU.
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:
Fixtures & Fittings 20% on a reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 5)
3 5
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 June 2024 5,321
As at 31 May 2025 5,321
Depreciation
As at 1 June 2024 3,681
Provided during the period 328
As at 31 May 2025 4,009
Net Book Value
As at 31 May 2025 1,312
As at 1 June 2024 1,640
Page 3
Page 4
5. Stocks
2025 2024
£ £
Stock - 5,000
6. Debtors
2025 2024
£ £
Due within one year
Other debtors - 3,600
VAT 20 -
20 3,600
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 615
Bank loans and overdrafts 7,333 8,407
VAT - 920
Other creditors - 1,186
Accruals and deferred income 700 350
Directors' loan accounts 1,049 407
9,082 11,885
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 6,927
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 130 130
10. Dividends
Page 4