Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07939681 L M Doolin M E Houlden iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07939681 2024-03-31 07939681 2025-03-31 07939681 2024-04-01 2025-03-31 07939681 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07939681 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07939681 frs-core:MotorVehicles 2024-04-01 2025-03-31 07939681 frs-core:PlantMachinery 2024-04-01 2025-03-31 07939681 frs-core:ShareCapital 2025-03-31 07939681 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07939681 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07939681 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 07939681 frs-bus:SmallEntities 2024-04-01 2025-03-31 07939681 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07939681 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07939681 frs-bus:Director1 2024-04-01 2025-03-31 07939681 frs-bus:Director2 2024-04-01 2025-03-31 07939681 frs-countries:EnglandWales 2024-04-01 2025-03-31 07939681 2023-03-31 07939681 2024-03-31 07939681 2023-04-01 2024-03-31 07939681 frs-core:ShareCapital 2024-03-31 07939681 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07939681
Pure Thoughts Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2—3
Page 1
Abridged Balance Sheet
Registered number: 07939681
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,818 3,758
2,818 3,758
CURRENT ASSETS
Stocks 4,000 4,000
Debtors 661 481
Cash at bank and in hand 18,176 15,599
22,837 20,080
Creditors: Amounts Falling Due Within One Year (4,011 ) (3,386 )
NET CURRENT ASSETS (LIABILITIES) 18,826 16,694
TOTAL ASSETS LESS CURRENT LIABILITIES 21,644 20,452
NET ASSETS 21,644 20,452
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 21,642 20,450
SHAREHOLDERS' FUNDS 21,644 20,452
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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
L M Doolin
Director
24/07/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
Pure Thoughts Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07939681 . The registered office is 12 Darley Abbey Mills, Darley Abbey, Derby, DE22 1DZ.
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 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% 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: 2 (2024: 2)
2 2
4. Intangible Assets
Total
£
Cost
As at 1 April 2024 23,516
As at 31 March 2025 23,516
Amortisation
As at 1 April 2024 23,516
As at 31 March 2025 23,516
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Total
£
Cost
As at 1 April 2024 23,661
As at 31 March 2025 23,661
Depreciation
As at 1 April 2024 19,903
Provided during the period 940
As at 31 March 2025 20,843
Net Book Value
As at 31 March 2025 2,818
As at 1 April 2024 3,758
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 3