Acorah Software Products - Accounts Production 16.4.675 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 09328237 Mr Christopher Rowley Mr Kevin Davies Mr Michael Hollowell Mr Grant Spink iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09328237 2023-11-30 09328237 2024-11-30 09328237 2023-12-01 2024-11-30 09328237 frs-core:CurrentFinancialInstruments 2024-11-30 09328237 frs-core:Non-currentFinancialInstruments 2024-11-30 09328237 frs-core:FurnitureFittings 2024-11-30 09328237 frs-core:FurnitureFittings 2023-12-01 2024-11-30 09328237 frs-core:FurnitureFittings 2023-11-30 09328237 frs-core:PlantMachinery 2024-11-30 09328237 frs-core:PlantMachinery 2023-12-01 2024-11-30 09328237 frs-core:PlantMachinery 2023-11-30 09328237 frs-core:SharePremium 2024-11-30 09328237 frs-core:ShareCapital 2024-11-30 09328237 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 09328237 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09328237 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 09328237 frs-bus:SmallEntities 2023-12-01 2024-11-30 09328237 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 09328237 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 09328237 frs-bus:Director1 2023-12-01 2024-11-30 09328237 frs-bus:Director1 2023-11-30 09328237 frs-bus:Director1 2024-11-30 09328237 frs-bus:Director2 2023-12-01 2024-11-30 09328237 frs-bus:Director3 2023-12-01 2024-11-30 09328237 frs-bus:Director3 2023-11-30 09328237 frs-bus:Director3 2024-11-30 09328237 frs-bus:Director4 2023-12-01 2024-11-30 09328237 frs-countries:EnglandWales 2023-12-01 2024-11-30 09328237 2022-11-30 09328237 2023-11-30 09328237 2022-12-01 2023-11-30 09328237 frs-core:CurrentFinancialInstruments 2023-11-30 09328237 frs-core:Non-currentFinancialInstruments 2023-11-30 09328237 frs-core:SharePremium 2023-11-30 09328237 frs-core:ShareCapital 2023-11-30 09328237 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 09328237
Pulse Systems Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Cloud 10 Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09328237
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,343 6,406
5,343 6,406
CURRENT ASSETS
Stocks 5 42,608 37,750
Debtors 6 173,062 162,904
Cash at bank and in hand 43,529 33,380
259,199 234,034
Creditors: Amounts Falling Due Within One Year 7 (104,011 ) (96,358 )
NET CURRENT ASSETS (LIABILITIES) 155,188 137,676
TOTAL ASSETS LESS CURRENT LIABILITIES 160,531 144,082
Creditors: Amounts Falling Due After More Than One Year 8 (109,652 ) (115,882 )
NET ASSETS 50,879 28,200
CAPITAL AND RESERVES
Called up share capital 9 4,000 4,000
Share premium account 14,000 14,000
Profit and Loss Account 32,879 10,200
SHAREHOLDERS' FUNDS 50,879 28,200
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For the year ending 30 November 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 Kevin Davies
Director
07/03/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Pulse Systems Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09328237 . The registered office is 12 Penketh Business Park, Cleveleys Road, Warrington, England, WA5 2TJ.
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 comprises the fair value of the consideration received or receivable for the sale of goods and
provision of services in the ordinary course of the company’s activities. Turnover is shown net of
sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
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
Fixtures & Fittings 33% straight line
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. 
2.5. 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.
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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 8)
9 8
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 December 2023 17,727 2,916 20,643
Additions - 605 605
As at 30 November 2024 17,727 3,521 21,248
Depreciation
As at 1 December 2023 11,323 2,914 14,237
Provided during the period 1,601 67 1,668
As at 30 November 2024 12,924 2,981 15,905
Net Book Value
As at 30 November 2024 4,803 540 5,343
As at 1 December 2023 6,404 2 6,406
5. Stocks
2024 2023
£ £
Stock 42,608 37,750
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 95,014 119,246
Other debtors 78,048 43,658
173,062 162,904
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 50,668 28,866
Bank loans and overdrafts 6,000 6,153
Other creditors 7,051 23,840
Taxation and social security 40,292 37,499
104,011 96,358
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,000 9,230
Other creditors 106,652 106,652
109,652 115,882
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4,000 4,000
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2023 Amounts advanced Amounts repaid Amounts written off As at 30 November 2024
£ £ £ £ £
Mr Kevin Davies - 7,164 - - 7,164
Mr Michael Hollowell - 4,774 - - 4,774
The above loan is unsecured, interest free and repayable on demand.
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