Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 01686930 Mr Peter Dolan Mrs Doreen Dolan Mr Martin Dolan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01686930 2024-03-31 01686930 2025-03-31 01686930 2024-04-01 2025-03-31 01686930 frs-core:CurrentFinancialInstruments 2025-03-31 01686930 frs-core:Non-currentFinancialInstruments 2025-03-31 01686930 frs-core:ComputerEquipment 2025-03-31 01686930 frs-core:ComputerEquipment 2024-04-01 2025-03-31 01686930 frs-core:ComputerEquipment 2024-03-31 01686930 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 01686930 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01686930 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 01686930 frs-core:MotorVehicles 2025-03-31 01686930 frs-core:MotorVehicles 2024-04-01 2025-03-31 01686930 frs-core:MotorVehicles 2024-03-31 01686930 frs-core:PlantMachinery 2025-03-31 01686930 frs-core:PlantMachinery 2024-04-01 2025-03-31 01686930 frs-core:PlantMachinery 2024-03-31 01686930 frs-core:ShareCapital 2025-03-31 01686930 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 01686930 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01686930 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 01686930 frs-bus:SmallEntities 2024-04-01 2025-03-31 01686930 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01686930 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01686930 frs-core:CostValuation 2024-03-31 01686930 frs-core:CostValuation 2025-03-31 01686930 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 01686930 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 01686930 frs-bus:Director1 2024-04-01 2025-03-31 01686930 frs-bus:Director2 2024-04-01 2025-03-31 01686930 frs-bus:Director3 2024-04-01 2025-03-31 01686930 frs-core:CurrentFinancialInstruments 1 2025-03-31 01686930 frs-countries:EnglandWales 2024-04-01 2025-03-31 01686930 2023-03-31 01686930 2024-03-31 01686930 2023-04-01 2024-03-31 01686930 frs-core:CurrentFinancialInstruments 2024-03-31 01686930 frs-core:Non-currentFinancialInstruments 2024-03-31 01686930 frs-core:WithinOneYear 2024-03-31 01686930 frs-core:ShareCapital 2024-03-31 01686930 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 01686930 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 01686930
Paul Dolan Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Mumby Heppenstall
Chartered Accountants
Wellingore Hall
Wellingore
Lincoln
LN5 0HX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01686930
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,270 33,980
Investments 5 300,000 300,000
329,270 333,980
CURRENT ASSETS
Stocks 6 974,889 848,563
Debtors 7 86,065 88,727
Cash at bank and in hand 24,251 10,937
1,085,205 948,227
Creditors: Amounts Falling Due Within One Year 8 (727,519 ) (577,869 )
NET CURRENT ASSETS (LIABILITIES) 357,686 370,358
TOTAL ASSETS LESS CURRENT LIABILITIES 686,956 704,338
Creditors: Amounts Falling Due After More Than One Year 9 (524,390 ) (534,841 )
NET ASSETS 162,566 169,497
CAPITAL AND RESERVES
Called up share capital 11 99 99
Profit and Loss Account 162,467 169,398
SHAREHOLDERS' FUNDS 162,566 169,497
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For the year ending 31 March 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 Dolan
Director
28th August 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Paul Dolan Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 01686930 . The registered office is 40 Lincoln Road, Skellingthorpe, Lincoln, Lincolnshire, LN6 5UU.
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. 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 No depreciation is provided on freehold land
Plant & Machinery 25% on Written Down Value
Motor Vehicles 25% on Written Down Value
Computer Equipment 25% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 15,000 113,306 27,665 2,261 158,232
As at 31 March 2025 15,000 113,306 27,665 2,261 158,232
Depreciation
As at 1 April 2024 - 95,926 27,465 861 124,252
Provided during the period - 4,350 60 300 4,710
As at 31 March 2025 - 100,276 27,525 1,161 128,962
Net Book Value
As at 31 March 2025 15,000 13,030 140 1,100 29,270
As at 1 April 2024 15,000 17,380 200 1,400 33,980
5. Investments
Other
£
Cost or Valuation
As at 1 April 2024 300,000
As at 31 March 2025 300,000
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 300,000
As at 1 April 2024 300,000
6. Stocks
2025 2024
£ £
Stock 974,889 848,563
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 85,205 85,205
Prepayments and accrued income 860 1,780
Other debtors - 1,742
86,065 88,727
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 5,642
Trade creditors 4,272 1,311
Bank loans and overdrafts 10,248 10,000
Other loans 532,774 351,481
Accruals and deferred income 2,250 2,450
Directors' loan accounts 177,975 206,985
727,519 577,869
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,989 12,440
Other creditors 522,401 522,401
524,390 534,841
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 5,642
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 99 99
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