Acorah Software Products - Accounts Production 16.4.675 false true true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 09608797 Mrs Anna English Dr Padraig Wright Dr P Wright true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09608797 2024-05-31 09608797 2025-05-31 09608797 2024-06-01 2025-05-31 09608797 frs-core:CurrentFinancialInstruments 2025-05-31 09608797 frs-core:ComputerEquipment 2025-05-31 09608797 frs-core:ComputerEquipment 2024-06-01 2025-05-31 09608797 frs-core:ComputerEquipment 2024-05-31 09608797 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-05-31 09608797 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 09608797 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 09608797 frs-core:ShareCapital 2025-05-31 09608797 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 09608797 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 09608797 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 09608797 frs-bus:SmallEntities 2024-06-01 2025-05-31 09608797 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 09608797 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 09608797 1 2024-06-01 2025-05-31 09608797 frs-bus:Director1 2024-06-01 2025-05-31 09608797 frs-bus:Director2 2024-06-01 2025-05-31 09608797 frs-bus:Director2 2024-05-31 09608797 frs-bus:Director2 2025-05-31 09608797 frs-countries:EnglandWales 2024-06-01 2025-05-31 09608797 2023-05-31 09608797 2024-05-31 09608797 2023-06-01 2024-05-31 09608797 frs-core:CurrentFinancialInstruments 2024-05-31 09608797 frs-core:ShareCapital 2024-05-31 09608797 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 09608797
Padraig.London Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
Brisan Accountancy Ltd
Canada House, First Floor, 20/20 Business Park
Maidstone
Kent
ME16 0LS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09608797
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 120,597 1,032
120,597 1,032
CURRENT ASSETS
Debtors 5 4,949 4,582
Investments 6 165,530 156,980
Cash at bank and in hand 70,565 211,035
241,044 372,597
Creditors: Amounts Falling Due Within One Year 7 (53,804 ) (57,956 )
NET CURRENT ASSETS (LIABILITIES) 187,240 314,641
TOTAL ASSETS LESS CURRENT LIABILITIES 307,837 315,673
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (88 ) (217 )
NET ASSETS 307,749 315,456
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 307,549 315,256
SHAREHOLDERS' FUNDS 307,749 315,456
Page 1
Page 2
For the year ending 31 May 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
Mrs Anna English
Director
Dr Padraig Wright
Director
31 July 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Padraig.London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09608797 . The registered office is 44 Baston Road, Hayes, Kent, BR2 7BE.
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.

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. 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 Not depreciated
Computer Equipment 3 years on cost
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.
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: 2 (2024: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 June 2024 - 4,716 4,716
Additions 120,173 - 120,173
As at 31 May 2025 120,173 4,716 124,889
Depreciation
As at 1 June 2024 - 3,684 3,684
Provided during the period - 608 608
As at 31 May 2025 - 4,292 4,292
Net Book Value
As at 31 May 2025 120,173 424 120,597
As at 1 June 2024 - 1,032 1,032
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 1,440
Prepayments and accrued income 1,265 1,425
Other taxes and social security 3,684 1,717
4,949 4,582
6. Current Asset Investments
2025 2024
£ £
Other investments, held for sale 165,530 156,980
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 301 1
Corporation tax 46,571 44,427
VAT 4,626 11,333
Accruals and deferred income 2,306 1,873
Directors' loan accounts - 322
53,804 57,956
Page 4
Page 5
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 88 217
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
10. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans due to directors:
As at 1 June 2024 Amounts advanced Amounts repaid Amounts written off As at 31 May 2025
£ £ £ £ £
Dr Padraig Wright 322 22,960 22,638 - -
The above loan is unsecured, interest free, repayable on demand and ranks equally with other unsecured creditors of the company.
11. Ultimate Controlling Party
The company's ultimate controlling party is Dr P Wright by virtue of his ownership of 100% of the controlling share capital in the company.
Page 5