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 07808829 Mr Jonathan Stephens iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07808829 2024-03-31 07808829 2025-03-31 07808829 2024-04-01 2025-03-31 07808829 frs-core:CurrentFinancialInstruments 2025-03-31 07808829 frs-core:Non-currentFinancialInstruments 2025-03-31 07808829 frs-core:BetweenOneFiveYears 2025-03-31 07808829 frs-core:MotorVehicles 2025-03-31 07808829 frs-core:MotorVehicles 2024-04-01 2025-03-31 07808829 frs-core:MotorVehicles 2024-03-31 07808829 frs-core:PlantMachinery 2025-03-31 07808829 frs-core:PlantMachinery 2024-04-01 2025-03-31 07808829 frs-core:PlantMachinery 2024-03-31 07808829 frs-core:WithinOneYear 2025-03-31 07808829 frs-core:ShareCapital 2025-03-31 07808829 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07808829 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07808829 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07808829 frs-bus:SmallEntities 2024-04-01 2025-03-31 07808829 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07808829 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07808829 frs-bus:Director1 2024-04-01 2025-03-31 07808829 frs-countries:EnglandWales 2024-04-01 2025-03-31 07808829 2023-03-31 07808829 2024-03-31 07808829 2023-04-01 2024-03-31 07808829 frs-core:CurrentFinancialInstruments 2024-03-31 07808829 frs-core:Non-currentFinancialInstruments 2024-03-31 07808829 frs-core:BetweenOneFiveYears 2024-03-31 07808829 frs-core:MotorVehicles 2023-04-01 2024-03-31 07808829 frs-core:WithinOneYear 2024-03-31 07808829 frs-core:ShareCapital 2024-03-31 07808829 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07808829
Pantymilah Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Stanford Williams Limited
Chartered Certified Accountants
Unit C
271-273 High Street
Blackwood
Gwent
NP12 1AW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07808829
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 74,160 47,888
74,160 47,888
CURRENT ASSETS
Stocks 5 500 500
Debtors 6 400 3,815
Cash at bank and in hand 25,721 9,710
26,621 14,025
Creditors: Amounts Falling Due Within One Year 7 (28,340 ) (22,562 )
NET CURRENT ASSETS (LIABILITIES) (1,719 ) (8,537 )
TOTAL ASSETS LESS CURRENT LIABILITIES 72,441 39,351
Creditors: Amounts Falling Due After More Than One Year 8 (19,394 ) -
NET ASSETS 53,047 39,351
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 53,046 39,350
SHAREHOLDERS' FUNDS 53,047 39,351
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 Jonathan Stephens
Director
04/08/2025
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
Pantymilah Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07808829 . The registered office is Pantymilah Farm, Hollybush, Blackwood, NP12 0SR.
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 25% Reducing Balance
Motor Vehicles 25% Straight Line
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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 6)
8 6
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2024 65,256 - 65,256
Additions 6,000 44,990 50,990
As at 31 March 2025 71,256 44,990 116,246
Depreciation
As at 1 April 2024 17,368 - 17,368
Provided during the period 13,470 11,248 24,718
As at 31 March 2025 30,838 11,248 42,086
Net Book Value
As at 31 March 2025 40,418 33,742 74,160
As at 1 April 2024 47,888 - 47,888
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Motor Vehicles 33,742 -
5. Stocks
2025 2024
£ £
Materials 500 500
6. Debtors
2025 2024
£ £
Due within one year
VAT 400 3,815
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,098 -
Trade creditors - 1
Corporation tax - 368
Other taxes and social security - 638
Net wages 822 605
Attachment of Earnings - (20 )
Accruals and deferred income 1,030 660
Director's loan account 20,390 20,310
28,340 22,562
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 19,394 -
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,098 -
Later than one year and not later than five years 19,394 -
25,492 -
25,492 -
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5