Acorah Software Products - Accounts Production 16.4.675 false true true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 04656554 Mr Peter Herbert Mrs Janet Herbert Mr Russell Coppock Mrs Janet Herbert iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04656554 2024-02-29 04656554 2025-02-28 04656554 2024-03-01 2025-02-28 04656554 frs-core:CurrentFinancialInstruments 2025-02-28 04656554 frs-core:ComputerEquipment 2025-02-28 04656554 frs-core:ComputerEquipment 2024-03-01 2025-02-28 04656554 frs-core:ComputerEquipment 2024-02-29 04656554 frs-core:NetGoodwill 2025-02-28 04656554 frs-core:NetGoodwill 2024-03-01 2025-02-28 04656554 frs-core:NetGoodwill 2024-02-29 04656554 frs-core:MotorVehicles 2025-02-28 04656554 frs-core:MotorVehicles 2024-03-01 2025-02-28 04656554 frs-core:MotorVehicles 2024-02-29 04656554 frs-core:PlantMachinery 2025-02-28 04656554 frs-core:PlantMachinery 2024-03-01 2025-02-28 04656554 frs-core:PlantMachinery 2024-02-29 04656554 frs-core:ShareCapital 2025-02-28 04656554 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 04656554 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 04656554 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 04656554 frs-bus:SmallEntities 2024-03-01 2025-02-28 04656554 frs-bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 04656554 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 04656554 frs-core:DeferredTaxation 2024-03-01 2025-02-28 04656554 frs-core:DeferredTaxation 2024-02-29 04656554 frs-core:DeferredTaxation 2025-02-28 04656554 frs-bus:Director1 2024-03-01 2025-02-28 04656554 frs-bus:Director2 2024-03-01 2025-02-28 04656554 frs-bus:Director3 2024-03-01 2025-02-28 04656554 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 04656554 frs-countries:EnglandWales 2024-03-01 2025-02-28 04656554 2023-02-28 04656554 2024-02-29 04656554 2023-03-01 2024-02-29 04656554 frs-core:CurrentFinancialInstruments 2024-02-29 04656554 frs-core:ShareCapital 2024-02-29 04656554 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 04656554
Ph Production Services Ltd
Financial Statements
For The Year Ended 28 February 2025
The Curtis Partnership
1 Tape Street
Cheadle
Stoke On Trent
Staffordshire
ST10 1BB
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Ph Production Services Ltd for the year ended 28 February 2025
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Ph Production Services Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Ph Production Services Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Ph Production Services Ltd and state those matters that we have agreed to state to the directors of Ph Production Services Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ph Production Services Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Ph Production Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Ph Production Services Ltd . You consider that Ph Production Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Ph Production Services Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
18th June 2025
The Curtis Partnership
1 Tape Street
Cheadle
Stoke On Trent
Staffordshire
ST10 1BB
Page 1
Page 2
Balance Sheet
Registered number: 04656554
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 93,085 112,326
93,085 112,326
CURRENT ASSETS
Debtors 6 17,936 11,309
Cash at bank and in hand 283,685 257,942
301,621 269,251
Creditors: Amounts Falling Due Within One Year 7 (48,492 ) (60,697 )
NET CURRENT ASSETS (LIABILITIES) 253,129 208,554
TOTAL ASSETS LESS CURRENT LIABILITIES 346,214 320,880
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (17,686 ) (21,342 )
NET ASSETS 328,528 299,538
CAPITAL AND RESERVES
Called up share capital 10 10 10
Profit and Loss Account 328,518 299,528
SHAREHOLDERS' FUNDS 328,528 299,538
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Page 3
For the year ending 28 February 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 Peter Herbert
Director
Mrs Janet Herbert
Director
Mr Russell Coppock
Director
18th June 2025
The notes on pages 4 to 7 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Ph Production Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04656554 . The registered office is 1 Tape Street, Cheadle, Stoke On Trent, Staffordshire, ST10 1BB.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.5. 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 basis
Motor Vehicles 25% reducing balance basis
Computer Equipment 33% straight line basis
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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 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: 3 (2024: 3)
3 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 March 2024 7,500
As at 28 February 2025 7,500
Amortisation
As at 1 March 2024 7,500
As at 28 February 2025 7,500
Net Book Value
As at 28 February 2025 -
As at 1 March 2024 -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2024 127,797 94,590 15,577 237,964
Additions 15,442 - 674 16,116
As at 28 February 2025 143,239 94,590 16,251 254,080
Depreciation
As at 1 March 2024 77,821 36,684 11,133 125,638
Provided during the period 16,365 14,477 4,515 35,357
As at 28 February 2025 94,186 51,161 15,648 160,995
Net Book Value
As at 28 February 2025 49,053 43,429 603 93,085
As at 1 March 2024 49,976 57,906 4,444 112,326
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 5,632 112
Other debtors 12,304 11,197
17,936 11,309
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,823 222
Other creditors 10,846 24,365
Taxation and social security 35,823 36,110
48,492 60,697
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 17,686 21,342
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9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 March 2024 21,342 21,342
Deferred taxation (3,656 ) (3,656 )
Balance at 28 February 2025 17,686 17,686
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
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