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 03333430 M Watson P A Greenshields J Watson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03333430 2024-03-31 03333430 2025-03-31 03333430 2024-04-01 2025-03-31 03333430 frs-core:CurrentFinancialInstruments 2025-03-31 03333430 frs-core:Non-currentFinancialInstruments 2025-03-31 03333430 frs-core:BetweenOneFiveYears 2025-03-31 03333430 frs-core:ComputerEquipment 2025-03-31 03333430 frs-core:ComputerEquipment 2024-04-01 2025-03-31 03333430 frs-core:ComputerEquipment 2024-03-31 03333430 frs-core:FurnitureFittings 2025-03-31 03333430 frs-core:FurnitureFittings 2024-04-01 2025-03-31 03333430 frs-core:FurnitureFittings 2024-03-31 03333430 frs-core:MotorVehicles 2025-03-31 03333430 frs-core:MotorVehicles 2024-04-01 2025-03-31 03333430 frs-core:MotorVehicles 2024-03-31 03333430 frs-core:PlantMachinery 2025-03-31 03333430 frs-core:PlantMachinery 2024-04-01 2025-03-31 03333430 frs-core:PlantMachinery 2024-03-31 03333430 frs-core:WithinOneYear 2025-03-31 03333430 frs-core:ShareCapital 2025-03-31 03333430 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 03333430 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03333430 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03333430 frs-bus:SmallEntities 2024-04-01 2025-03-31 03333430 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03333430 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03333430 frs-bus:Director1 2024-04-01 2025-03-31 03333430 frs-bus:Director1 2024-03-31 03333430 frs-bus:Director1 2025-03-31 03333430 frs-bus:Director2 2024-04-01 2025-03-31 03333430 frs-bus:Director2 2024-03-31 03333430 frs-bus:Director2 2025-03-31 03333430 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 03333430 frs-countries:EnglandWales 2024-04-01 2025-03-31 03333430 2023-03-31 03333430 2024-03-31 03333430 2023-04-01 2024-03-31 03333430 frs-core:CurrentFinancialInstruments 2024-03-31 03333430 frs-core:Non-currentFinancialInstruments 2024-03-31 03333430 frs-core:BetweenOneFiveYears 2024-03-31 03333430 frs-core:MotorVehicles 2023-04-01 2024-03-31 03333430 frs-core:WithinOneYear 2024-03-31 03333430 frs-core:ShareCapital 2024-03-31 03333430 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 03333430
P & M Flooring Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Clayton Stirling & Co
P & M Flooring Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
P & M Flooring Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 03333430

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 37,507 |  | 11,199
|  |  | 37,507 |  | 11,199
CURRENT ASSETS
Debtors | 5 | 81,030 |  | 153,802 |
Cash at bank and in hand |  | 42,684 |  | 31,591 |
|  | 123,714 |  | 185,393 |
Creditors: Amounts Falling Due Within One Year | 6 | (87,845 ) |  | (140,183 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 35,869 |  | 45,210
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 73,376 |  | 56,409
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (27,212 ) |  | (16,675 )
NET ASSETS |  |  | 46,164 |  | 39,734
CAPITAL AND RESERVES
Called up share capital |  |  | 100 |  | 100
Profit and Loss Account |  |  | 46,064 |  | 39,634
SHAREHOLDERS' FUNDS |  |  | 46,164 |  | 39,734

Page 1
Page 2
P & M Flooring Limited
Balance Sheet (continued)
As At 31 March 2025
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

P A Greenshields Director
28/08/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
P & M Flooring Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
P & M Flooring Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03333430 . The registered office is 123 Cross Lane East, Gravesend, DA12 5HA.
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. 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 basis
Motor Vehicles | 25% reducing balance basis
Fixtures & Fittings | 20% straight line basis
Computer Equipment | 20% straight line basis

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. 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 tax is 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 tax is 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
Page 3
Page 4
P & M Flooring Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 1 April 2024 | 8,944 | 27,110 | 298 | 7,018 | 43,370
Additions | - | 41,564 | - | - | 41,564
Disposals | - | (27,110 ) | - | - | (27,110 )
As at 31 March 2025 | 8,944 | 41,564 | 298 | 7,018 | 57,824
Depreciation
As at 1 April 2024 | 7,621 | 18,532 | 189 | 5,829 | 32,171
Provided during the period | 265 | 6,267 | 30 | 1,188 | 7,750
Disposals | - | (19,604 ) | - | - | (19,604 )
As at 31 March 2025 | 7,886 | 5,195 | 219 | 7,017 | 20,317
Net Book Value
As at 31 March 2025 | 1,058 | 36,369 | 79 | 1 | 37,507
As at 1 April 2024 | 1,323 | 8,578 | 109 | 1,189 | 11,199

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Motor Vehicles | 36,369 |  | -

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 74,899 |  | 134,651
Other debtors | 6,131 |  | 19,151
| 81,030 |  | 153,802

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 8,110 |  | 1,001
Trade creditors | - |  | 33,870
Bank loans and overdrafts | 10,574 |  | 10,825
Other creditors | 20,308 |  | 7,676
Taxation and social security | 48,853 |  | 86,811
| 87,845 |  | 140,183

Page 4
Page 5
P & M Flooring Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 20,285 |  | -
Bank loans | 6,927 |  | 16,675
| 27,212 |  | 16,675

8. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 8,110 |  | 1,001
Later than one year and not later than five years | 20,285 |  | -
| 28,395 |  | 1,001
| 28,395 |  | 1,001

9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 April 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Martin Watson | 7,529 | 61,553 | 69,082 | - | -
Mr Paul Andrew Greenshields | 8,355 | 60,369 | 68,724 | - | -

The above loan is unsecured, interest free and repayable on demand.
Page 5