Acorah Software Products - Accounts Production 16.4.660 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10048492 Mr Dave Nutter Mr Adam Errington iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10048492 2024-03-31 10048492 2025-03-31 10048492 2024-04-01 2025-03-31 10048492 frs-core:CurrentFinancialInstruments 2025-03-31 10048492 frs-core:Non-currentFinancialInstruments 2025-03-31 10048492 frs-core:ComputerEquipment 2025-03-31 10048492 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10048492 frs-core:ComputerEquipment 2024-03-31 10048492 frs-core:FurnitureFittings 2025-03-31 10048492 frs-core:FurnitureFittings 2024-04-01 2025-03-31 10048492 frs-core:FurnitureFittings 2024-03-31 10048492 frs-core:PlantMachinery 2025-03-31 10048492 frs-core:PlantMachinery 2024-04-01 2025-03-31 10048492 frs-core:PlantMachinery 2024-03-31 10048492 frs-core:ShareCapital 2025-03-31 10048492 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10048492 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10048492 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10048492 frs-bus:SmallEntities 2024-04-01 2025-03-31 10048492 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10048492 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10048492 frs-bus:Director1 2024-04-01 2025-03-31 10048492 frs-bus:Director2 2024-04-01 2025-03-31 10048492 frs-countries:EnglandWales 2024-04-01 2025-03-31 10048492 2023-03-31 10048492 2024-03-31 10048492 2023-04-01 2024-03-31 10048492 frs-core:CurrentFinancialInstruments 2024-03-31 10048492 frs-core:Non-currentFinancialInstruments 2024-03-31 10048492 frs-core:ShareCapital 2024-03-31 10048492 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10048492 frs-core:CurrentFinancialInstruments 9 2024-03-31
Registered number: 10048492
Perfect Storm Marketing Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Accountancy Extra
33 Harrison Road
Halifax
HX1 2AF
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 10048492
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 63,291 60,203
63,291 60,203
CURRENT ASSETS
Debtors 5 1,677,983 1,443,937
Cash at bank and in hand 139,540 162,081
1,817,523 1,606,018
Creditors: Amounts Falling Due Within One Year 6 (424,923 ) (397,929 )
NET CURRENT ASSETS (LIABILITIES) 1,392,600 1,208,089
TOTAL ASSETS LESS CURRENT LIABILITIES 1,455,891 1,268,292
NET ASSETS 1,455,891 1,268,292
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 1,455,889 1,268,290
SHAREHOLDERS' FUNDS 1,455,891 1,268,292
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 Adam Errington
Director
01/09/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Perfect Storm Marketing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10048492 . The registered office is Floor 2, Graphical House, Wharf Street, Leeds, England, LS2 7EQ.
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:
Plant & Machinery 15% WDV
Fixtures & Fittings 15% WDV
Computer Equipment 50% SLM
2.4. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 19 (2024: 11)
19 11
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 10,839 56,223 28,387 95,449
Additions 2,140 8,871 5,275 16,286
As at 31 March 2025 12,979 65,094 33,662 111,735
Depreciation
As at 1 April 2024 2,697 8,515 24,034 35,246
Provided during the period 2,118 7,081 3,999 13,198
As at 31 March 2025 4,815 15,596 28,033 48,444
Net Book Value
As at 31 March 2025 8,164 49,498 5,629 63,291
As at 1 April 2024 8,142 47,708 4,353 60,203
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 845,765 648,895
Prepayments and accrued income 21,403 9,539
Other debtors 12,981 12,687
Net wages - 1,298
Directors' loan accounts 47,228 52,969
927,377 725,388
Due after more than one year
Related Party Loan - Perfect Storm Property 750,606 718,549
1,677,983 1,443,937
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 90,372 108,485
Bank loans and overdrafts - 68,378
Corporation tax 114,667 89,301
Other taxes and social security 21,893 20,060
VAT 75,759 63,301
Company credit card 21,808 29,282
Rounding - (1 )
Accruals and deferred income 100,424 19,123
424,923 397,929
Page 3
Page 4
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4