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 14140576 Mr P Bojanowski Mr A Savickis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14140576 2024-05-31 14140576 2025-05-31 14140576 2024-06-01 2025-05-31 14140576 frs-core:CurrentFinancialInstruments 2025-05-31 14140576 frs-core:Non-currentFinancialInstruments 2025-05-31 14140576 frs-core:BetweenOneFiveYears 2025-05-31 14140576 frs-core:FurnitureFittings 2025-05-31 14140576 frs-core:FurnitureFittings 2024-06-01 2025-05-31 14140576 frs-core:FurnitureFittings 2024-05-31 14140576 frs-core:MotorVehicles 2025-05-31 14140576 frs-core:MotorVehicles 2024-06-01 2025-05-31 14140576 frs-core:MotorVehicles 2024-05-31 14140576 frs-core:PlantMachinery 2025-05-31 14140576 frs-core:PlantMachinery 2024-06-01 2025-05-31 14140576 frs-core:PlantMachinery 2024-05-31 14140576 frs-core:WithinOneYear 2025-05-31 14140576 frs-core:ShareCapital 2025-05-31 14140576 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 14140576 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 14140576 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 14140576 frs-bus:SmallEntities 2024-06-01 2025-05-31 14140576 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 14140576 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 14140576 frs-bus:Director1 2024-06-01 2025-05-31 14140576 frs-bus:Director2 2024-06-01 2025-05-31 14140576 frs-countries:EnglandWales 2024-06-01 2025-05-31 14140576 2023-05-31 14140576 2024-05-31 14140576 2023-06-01 2024-05-31 14140576 frs-core:CurrentFinancialInstruments 2024-05-31 14140576 frs-core:Non-currentFinancialInstruments 2024-05-31 14140576 frs-core:BetweenOneFiveYears 2024-05-31 14140576 frs-core:WithinOneYear 2024-05-31 14140576 frs-core:ShareCapital 2024-05-31 14140576 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 14140576
Pav b Engineering Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
The Accountancy Office Ltd
Chartered Management Accountants
Basepoint Business Centre
Vale Business Park
Evesham
Worcestershire
WR11 1GP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 14140576
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 86,754 56,456
86,754 56,456
CURRENT ASSETS
Debtors 5 27,891 7,451
Cash at bank and in hand 28,111 54,858
56,002 62,309
Creditors: Amounts Falling Due Within One Year 6 (23,513 ) (42,993 )
NET CURRENT ASSETS (LIABILITIES) 32,489 19,316
TOTAL ASSETS LESS CURRENT LIABILITIES 119,243 75,772
Creditors: Amounts Falling Due After More Than One Year 7 (26,916 ) (8,669 )
NET ASSETS 92,327 67,103
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 92,325 67,101
SHAREHOLDERS' FUNDS 92,327 67,103
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
Mr P Bojanowski
Director
17th 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
Pav b Engineering Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14140576 . The registered office is 112 Kings Road, Evesham, WR11 3BT.
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
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 2)
3 2
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 June 2024 22,456 61,495 1,690 85,641
Additions 7,304 79,714 1,832 88,850
Disposals - (59,495 ) - (59,495 )
As at 31 May 2025 29,760 81,714 3,522 114,996
Depreciation
As at 1 June 2024 4,464 24,562 159 29,185
Provided during the period 5,879 17,970 612 24,461
Disposals - (25,404 ) - (25,404 )
As at 31 May 2025 10,343 17,128 771 28,242
Net Book Value
As at 31 May 2025 19,417 64,586 2,751 86,754
As at 1 June 2024 17,992 36,933 1,531 56,456
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 25,740 -
Prepayments and accrued income 2,151 1,299
VAT - 2,610
Other taxes and social security - 3,542
27,891 7,451
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 8,108 5,990
Trade creditors (345 ) 3,637
Corporation tax 7,816 31,538
Other taxes and social security 312 -
VAT 6,722 -
Directors' loan accounts 900 1,828
23,513 42,993
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 26,916 8,669
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8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,108 5,990
Later than one year and not later than five years 26,916 8,669
35,024 14,659
35,024 14,659
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4