Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06860307 Mr P Guyler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06860307 2024-03-31 06860307 2025-03-31 06860307 2024-04-01 2025-03-31 06860307 frs-core:CurrentFinancialInstruments 2025-03-31 06860307 frs-core:FurnitureFittings 2025-03-31 06860307 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06860307 frs-core:FurnitureFittings 2024-03-31 06860307 frs-core:PlantMachinery 2025-03-31 06860307 frs-core:PlantMachinery 2024-04-01 2025-03-31 06860307 frs-core:PlantMachinery 2024-03-31 06860307 frs-core:ShareCapital 2025-03-31 06860307 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06860307 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06860307 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06860307 frs-bus:SmallEntities 2024-04-01 2025-03-31 06860307 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06860307 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06860307 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-01 2025-03-31 06860307 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 06860307 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 06860307 frs-core:UnlistedNon-exchangeTraded 2025-03-31 06860307 frs-core:UnlistedNon-exchangeTraded 2024-03-31 06860307 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 06860307 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 06860307 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 06860307 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 06860307 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 06860307 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 06860307 frs-bus:Director1 2024-04-01 2025-03-31 06860307 frs-countries:EnglandWales 2024-04-01 2025-03-31 06860307 2023-03-31 06860307 2024-03-31 06860307 2023-04-01 2024-03-31 06860307 frs-core:CurrentFinancialInstruments 2024-03-31 06860307 frs-core:ShareCapital 2024-03-31 06860307 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06860307 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31
Registered number: 06860307
Philip Guyler Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06860307
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,961 21,776
Investments 5 913,509 942,897
928,470 964,673
CURRENT ASSETS
Debtors 6 209,434 306,258
Cash at bank and in hand 4,530,095 3,695,751
4,739,529 4,002,009
Creditors: Amounts Falling Due Within One Year 7 (313,477 ) (295,610 )
NET CURRENT ASSETS (LIABILITIES) 4,426,052 3,706,399
TOTAL ASSETS LESS CURRENT LIABILITIES 5,354,522 4,671,072
PROVISIONS FOR LIABILITIES
Deferred Taxation (16,329 ) -
NET ASSETS 5,338,193 4,671,072
CAPITAL AND RESERVES
Called up share capital 8 10 10
Fair value reserve 9 85,756 57,319
Profit and Loss Account 5,252,427 4,613,743
SHAREHOLDERS' FUNDS 5,338,193 4,671,072
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Guyler
Director
29th August 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
Philip Guyler Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06860307 . The registered office is 4 Cross Street, Beeston, Nottingham, NG9 2NX.
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 33% straight line
Fixtures & Fittings 15-25% reducing balance
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 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: 1)
2 1
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 40,093 47,084 87,177
Additions 916 - 916
As at 31 March 2025 41,009 47,084 88,093
Depreciation
As at 1 April 2024 36,778 28,623 65,401
Provided during the period 3,620 4,111 7,731
As at 31 March 2025 40,398 32,734 73,132
Net Book Value
As at 31 March 2025 611 14,350 14,961
As at 1 April 2024 3,315 18,461 21,776
5. Investments
Unlisted
£
Cost
As at 1 April 2024 942,897
Disposals (79,746 )
Revaluations 50,358
As at 31 March 2025 913,509
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 913,509
As at 1 April 2024 942,897
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,334 3,685
Prepayments and accrued income 206,100 298,595
Deferred tax current asset - 3,978
209,434 306,258
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 288,700 271,685
VAT 11,230 11,915
Accruals and deferred income 1,800 1,800
Director's loan account 11,747 10,210
313,477 295,610
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
9. Reserves
Fair Value Reserve
£
As at 1 April 2024 57,319
Transfer to profit and loss 28,437
As at 31 March 2025 85,756
Page 5