Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08938038 Ms G A Heppell Mr D W Bailey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08938038 2023-08-31 08938038 2024-08-31 08938038 2023-09-01 2024-08-31 08938038 frs-core:CurrentFinancialInstruments 2024-08-31 08938038 frs-core:Non-currentFinancialInstruments 2024-08-31 08938038 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-01 2024-08-31 08938038 frs-core:FurnitureFittings 2024-08-31 08938038 frs-core:FurnitureFittings 2023-09-01 2024-08-31 08938038 frs-core:FurnitureFittings 2023-08-31 08938038 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 08938038 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 08938038 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 08938038 frs-core:MotorVehicles 2024-08-31 08938038 frs-core:MotorVehicles 2023-09-01 2024-08-31 08938038 frs-core:MotorVehicles 2023-08-31 08938038 frs-core:OtherResidualIntangibleAssets 2024-08-31 08938038 frs-core:OtherResidualIntangibleAssets 2023-08-31 08938038 frs-core:ShareCapital 2024-08-31 08938038 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08938038 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08938038 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08938038 frs-bus:SmallEntities 2023-09-01 2024-08-31 08938038 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08938038 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08938038 frs-bus:Director1 2023-09-01 2024-08-31 08938038 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 08938038 frs-countries:EnglandWales 2023-09-01 2024-08-31 08938038 2022-08-31 08938038 2023-08-31 08938038 2022-09-01 2023-08-31 08938038 frs-core:CurrentFinancialInstruments 2023-08-31 08938038 frs-core:Non-currentFinancialInstruments 2023-08-31 08938038 frs-core:ShareCapital 2023-08-31 08938038 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08938038
Percurra Franchising Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08938038
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 24,428 26,761
24,428 26,761
CURRENT ASSETS
Stocks 6 9,620 6,070
Debtors 7 188,559 71,251
Cash at bank and in hand 5,878 28,296
204,057 105,617
Creditors: Amounts Falling Due Within One Year 8 (214,422 ) (241,889 )
NET CURRENT ASSETS (LIABILITIES) (10,365 ) (136,272 )
TOTAL ASSETS LESS CURRENT LIABILITIES 14,063 (109,511 )
Creditors: Amounts Falling Due After More Than One Year 9 - (1,370 )
NET ASSETS/(LIABILITIES) 14,063 (110,881 )
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 14,062 (110,882 )
SHAREHOLDERS' FUNDS 14,063 (110,881)
Page 1
Page 2
For the year ending 31 August 2024 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 her 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
Ms G A Heppell
Director
31st July 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Percurra Franchising Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08938038 . The registered office is 4 Cross Street, Beeston, Nottingham, NG9 2NX.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are amortised to profit and loss account over its estimated economic life of 3 years.
2.4. 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:
Freehold 20% straight line
Motor Vehicles 20% reducing balance
Fixtures & Fittings 20% reducing balance
2.5. 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.
2.6. 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 year 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.
...CONTINUED
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2.6. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 1 (2023: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 September 2023 2,400
As at 31 August 2024 2,400
Amortisation
As at 1 September 2023 2,400
As at 31 August 2024 2,400
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
5. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 September 2023 23,974 39,203 9,210 72,387
Additions - - 3,774 3,774
As at 31 August 2024 23,974 39,203 12,984 76,161
Depreciation
As at 1 September 2023 23,974 14,531 7,121 45,626
Provided during the period - 4,934 1,173 6,107
As at 31 August 2024 23,974 19,465 8,294 51,733
Net Book Value
As at 31 August 2024 - 19,738 4,690 24,428
As at 1 September 2023 - 24,672 2,089 26,761
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Page 5
6. Stocks
2024 2023
£ £
Work in progress 9,620 6,070
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 154,271 38,112
Prepayments and accrued income 979 825
Other debtors 32,314 32,314
Other taxes and social security 995 -
188,559 71,251
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 41,267 59,950
Bank loans and overdrafts - 8,105
Corporation tax 1,674 -
Other taxes and social security - 514
VAT 24,471 7,533
Other creditors 93,348 104,548
Accruals and deferred income 2,070 825
Director's loan account 51,592 60,414
214,422 241,889
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 1,370
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
11. Related Party Transactions
As at 31 August 2024, an amount of £93,348 (2023: £104,548) was outstanding and payable to a related company. The balance is unsecured, interest-free, and repayable on demand.
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