Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11788250 Mr Robert Grant Mrs Sandra Witzel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11788250 2023-12-31 11788250 2024-12-31 11788250 2024-01-01 2024-12-31 11788250 frs-core:CurrentFinancialInstruments 2024-12-31 11788250 frs-core:Non-currentFinancialInstruments 2024-12-31 11788250 frs-core:ShareCapital 2024-12-31 11788250 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11788250 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11788250 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11788250 frs-bus:SmallEntities 2024-01-01 2024-12-31 11788250 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11788250 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11788250 frs-bus:Director1 2024-01-01 2024-12-31 11788250 frs-bus:Director2 2024-01-01 2024-12-31 11788250 frs-countries:EnglandWales 2024-01-01 2024-12-31 11788250 2022-12-31 11788250 2023-12-31 11788250 2023-01-01 2023-12-31 11788250 frs-core:CurrentFinancialInstruments 2023-12-31 11788250 frs-core:Non-currentFinancialInstruments 2023-12-31 11788250 frs-core:ShareCapital 2023-12-31 11788250 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11788250
Positive Science People Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Ecommerce Accountants LLP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11788250
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 26,878 18,165
Debtors 5 6,305 6,004
Cash at bank and in hand 2,778 782
35,961 24,951
Creditors: Amounts Falling Due Within One Year 6 (42,596 ) (18,086 )
NET CURRENT ASSETS (LIABILITIES) (6,635 ) 6,865
TOTAL ASSETS LESS CURRENT LIABILITIES (6,635 ) 6,865
Creditors: Amounts Falling Due After More Than One Year 7 (3,812 ) (10,674 )
NET LIABILITIES (10,447 ) (3,809 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (10,449 ) (3,811 )
SHAREHOLDERS' FUNDS (10,447) (3,809)
For the year ending 31 December 2024 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 Robert Grant
Director
16/07/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Positive Science People Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11788250 . The registered office is 87a Warwick Street, Leamington Spa, Warwickshire, CV32 4RJ.

The presentation currency of the financial statements is the Pound Sterling (£).
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.

2.3. 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.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
2.6. Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from
impairment are recognised in the profit and loss account.
2.7. Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently,they are measured at amortised cost using the effective interest rate method, less impairment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 2
Page 3
4. Stocks
2024 2023
£ £
Finished goods 26,878 18,165
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,008 2,666
Other debtors 5,297 3,338
6,305 6,004
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,620 5,817
Bank loans and overdrafts 6,114 5,945
Other creditors 29,862 2,475
Taxation and social security - 3,849
42,596 18,086
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,812 10,674
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3