Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 November 2022 false 1 January 2024 31 December 2024 31 December 2024 11602220 Dr Constantinos Anagnostopoulos iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11602220 2023-12-31 11602220 2024-12-31 11602220 2024-01-01 2024-12-31 11602220 frs-core:CurrentFinancialInstruments 2024-12-31 11602220 frs-core:Non-currentFinancialInstruments 2024-12-31 11602220 frs-core:FurnitureFittings 2024-12-31 11602220 frs-core:FurnitureFittings 2024-01-01 2024-12-31 11602220 frs-core:FurnitureFittings 2023-12-31 11602220 frs-core:PlantMachinery 2024-12-31 11602220 frs-core:PlantMachinery 2024-01-01 2024-12-31 11602220 frs-core:PlantMachinery 2023-12-31 11602220 frs-core:SharePremium 2024-12-31 11602220 frs-core:ShareCapital 2024-12-31 11602220 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11602220 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11602220 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11602220 frs-bus:SmallEntities 2024-01-01 2024-12-31 11602220 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11602220 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11602220 frs-core:UnlistedNon-exchangeTraded 2024-12-31 11602220 frs-core:UnlistedNon-exchangeTraded 2023-12-31 11602220 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 11602220 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 11602220 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 11602220 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 11602220 frs-bus:Director1 2024-01-01 2024-12-31 11602220 frs-countries:EnglandWales 2024-01-01 2024-12-31 11602220 2022-10-31 11602220 2023-12-31 11602220 2022-11-01 2023-12-31 11602220 frs-core:CurrentFinancialInstruments 2023-12-31 11602220 frs-core:Non-currentFinancialInstruments 2023-12-31 11602220 frs-core:SharePremium 2023-12-31 11602220 frs-core:ShareCapital 2023-12-31 11602220 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11602220
Pleioflow Limited
Financial Statements
For The Year Ended 31 December 2024
Suemel Limited
Chartered Global Management Accountants
51 Stanton Road
Stapenhill
Burton on Trent
Staffordshire
DE15 9RP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11602220
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 35,350 111,820
Investments 5 21,281 21,281
56,631 133,101
CURRENT ASSETS
Debtors 6 - 245,168
Cash at bank and in hand 174 132,593
174 377,761
Creditors: Amounts Falling Due Within One Year 7 (669,303 ) (265,535 )
NET CURRENT ASSETS (LIABILITIES) (669,129 ) 112,226
TOTAL ASSETS LESS CURRENT LIABILITIES (612,498 ) 245,327
Creditors: Amounts Falling Due After More Than One Year 8 (1,351,034 ) (1,165,370 )
NET LIABILITIES (1,963,532 ) (920,043 )
CAPITAL AND RESERVES
Called up share capital 9 1,169 1,169
Share premium account 4,030,930 4,030,930
Profit and Loss Account (5,995,631 ) (4,952,142 )
SHAREHOLDERS' FUNDS (1,963,532) (920,043)
Page 1
Page 2
For the year ending 31 December 2024 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
Dr Constantinos Anagnostopoulos
Director
4th September 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
Pleioflow Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11602220 . The registered office is 51 Stanton Road , Burton On Trent, Staffordshire, DE15 9RP.
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. 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% Straight Line Method
Fixtures & Fittings 25% Straight Line Method
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 311,527 3,794 315,321
As at 31 December 2024 311,527 3,794 315,321
Depreciation
As at 1 January 2024 199,707 3,794 203,501
Provided during the period 76,470 - 76,470
As at 31 December 2024 276,177 3,794 279,971
Net Book Value
As at 31 December 2024 35,350 - 35,350
As at 1 January 2024 111,820 - 111,820
5. Investments
Unlisted
£
Cost
As at 1 January 2024 21,281
As at 31 December 2024 21,281
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 21,281
As at 1 January 2024 21,281
6. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Prepayments and accrued income - 21,785
Other debtors - 216,747
VAT - 6,636
- 245,168
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 366,221 103,907
Other loans 125 -
Corporation tax 103,634 123,634
Other taxes and social security 21,699 931
VAT 2 -
Net wages 47,102 -
Other creditors - 351
Accruals and deferred income 130,520 36,712
669,303 265,535
8. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 December 2023
£ £
Debentures 1,294,714 1,165,370
Accruals and deferred income 56,320 -
1,351,034 1,165,370
9. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 1,169 1,169
Page 5