Acorah Software Products - Accounts Production 16.3.350 false true 30 August 2023 31 August 2022 false 31 August 2023 29 August 2024 29 August 2024 12155772 Mr P Waterfield Mr S Waterfield Mr A Moore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12155772 2023-08-30 12155772 2024-08-29 12155772 2023-08-31 2024-08-29 12155772 frs-core:CurrentFinancialInstruments 2024-08-29 12155772 frs-core:InvestmentPropertyIncludedWithinPPE 2024-08-29 12155772 frs-core:InvestmentPropertyIncludedWithinPPE 2023-08-30 12155772 frs-core:RevaluationReserve 2023-08-30 12155772 frs-core:RevaluationReserve 2024-08-29 12155772 frs-core:ShareCapital 2024-08-29 12155772 frs-core:RetainedEarningsAccumulatedLosses 2024-08-29 12155772 frs-bus:PrivateLimitedCompanyLtd 2023-08-31 2024-08-29 12155772 frs-bus:FilletedAccounts 2023-08-31 2024-08-29 12155772 frs-bus:SmallEntities 2023-08-31 2024-08-29 12155772 frs-bus:AuditExempt-NoAccountantsReport 2023-08-31 2024-08-29 12155772 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-31 2024-08-29 12155772 frs-bus:Director1 2023-08-31 2024-08-29 12155772 frs-bus:Director2 2023-08-31 2024-08-29 12155772 frs-bus:Director3 2023-08-31 2024-08-29 12155772 frs-countries:EnglandWales 2023-08-31 2024-08-29 12155772 2022-08-30 12155772 2023-08-30 12155772 2022-08-31 2023-08-30 12155772 frs-core:CurrentFinancialInstruments 2023-08-30 12155772 frs-core:RevaluationReserve 2023-08-30 12155772 frs-core:ShareCapital 2023-08-30 12155772 frs-core:RetainedEarningsAccumulatedLosses 2023-08-30
Registered number: 12155772
POW Norwich Partners Limited
Unaudited Financial Statements
For The Year Ended 29 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12155772
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 375,000 375,000
375,000 375,000
CURRENT ASSETS
Debtors 5 17,083 4,167
Cash at bank and in hand 31,743 24,037
48,826 28,204
Creditors: Amounts Falling Due Within One Year 6 (469,606 ) (408,066 )
NET CURRENT ASSETS (LIABILITIES) (420,780 ) (379,862 )
TOTAL ASSETS LESS CURRENT LIABILITIES (45,780 ) (4,862 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (30,308 ) (30,308 )
NET LIABILITIES (76,088 ) (35,170 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 8 129,210 129,210
Profit and Loss Account (205,398 ) (164,480 )
SHAREHOLDERS' FUNDS (76,088) (35,170)
Page 1
Page 2
For the year ending 29 August 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 P Waterfield
Director
29/08/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
POW Norwich Partners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12155772 . The registered office is 69-75 Thorpe Road, Norwich, NR1 1UA.
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.
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:
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 31 August 2023 375,000
As at 29 August 2024 375,000
Net Book Value
As at 29 August 2024 375,000
As at 31 August 2023 375,000
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The directors have reviewed the fair value of the properties at the year end. 
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 17,083 4,167
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 14 156
Other creditors 468,617 407,910
Taxation and social security 975 -
469,606 408,066
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Reserves
Revaluation Reserve
£
As at 31 August 2023 129,210
As at 29 August 2024 129,210
9. Related Party Transactions
Included in the other creditors are loans to parties related by virtue of common control of £97,619 (2023: £75,377). 
Also included in other creditors are loans from directors totalling £357,248 (2023: £318,178). 
These loans are unsecured, and repayable on demand. Interest is charged on these loans at a rate of 1% per month.
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