Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09276356 Mr Martin Beanland Ms Sarah Harrison Ms Rebecca Musgrove Ms Sarah Brewis Mr David Kilduff Mr Andrew Webster iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09276356 2024-03-31 09276356 2025-03-31 09276356 2024-04-01 2025-03-31 09276356 frs-core:CurrentFinancialInstruments 2025-03-31 09276356 frs-core:Non-currentFinancialInstruments 2025-03-31 09276356 frs-core:ComputerEquipment 2025-03-31 09276356 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09276356 frs-core:ComputerEquipment 2024-03-31 09276356 frs-core:FurnitureFittings 2025-03-31 09276356 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09276356 frs-core:FurnitureFittings 2024-03-31 09276356 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 09276356 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 09276356 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 09276356 frs-core:ShareCapital 2025-03-31 09276356 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09276356 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09276356 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09276356 frs-bus:SmallEntities 2024-04-01 2025-03-31 09276356 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09276356 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09276356 frs-bus:Director1 2024-04-01 2025-03-31 09276356 frs-bus:Director2 2024-04-01 2025-03-31 09276356 frs-bus:Director3 2024-04-01 2025-03-31 09276356 frs-bus:Director4 2024-04-01 2025-03-31 09276356 frs-bus:Director5 2024-04-01 2025-03-31 09276356 frs-bus:Director6 2024-04-01 2025-03-31 09276356 frs-core:CurrentFinancialInstruments 1 2025-03-31 09276356 frs-countries:EnglandWales 2024-04-01 2025-03-31 09276356 2023-03-31 09276356 2024-03-31 09276356 2023-04-01 2024-03-31 09276356 frs-core:CurrentFinancialInstruments 2024-03-31 09276356 frs-core:Non-currentFinancialInstruments 2024-03-31 09276356 frs-core:ShareCapital 2024-03-31 09276356 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09276356 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 09276356
Plowden Facilities Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Chambers Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09276356
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 797,300 832,911
797,300 832,911
CURRENT ASSETS
Debtors 5 510,167 635,935
Cash at bank and in hand 178,375 175,858
688,542 811,793
Creditors: Amounts Falling Due Within One Year 6 (688,263 ) (762,713 )
NET CURRENT ASSETS (LIABILITIES) 279 49,080
TOTAL ASSETS LESS CURRENT LIABILITIES 797,579 881,991
Creditors: Amounts Falling Due After More Than One Year 7 (148,148 ) (232,279 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (43,750 ) (28,750 )
Deferred Taxation (140,477 ) (147,953 )
NET ASSETS 465,204 473,009
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 465,203 473,008
SHAREHOLDERS' FUNDS 465,204 473,009
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 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 Martin Beanland
Director
12/09/2025
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
Plowden Facilities Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09276356 . The registered office is Parklane Plowden Chambers, 19 Westgate, Leeds, LS1 2RD.
The principal activity of the company was that of providing Chambers and associated facilities for Barristers.
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:
Leasehold 10% straight line & 20 years straight line
Fixtures & Fittings 20% Straight line
Computer Equipment 20% Straight line
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: 35 (2024: 33)
35 33
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 782,932 98,841 86,780 968,553
Additions 5,605 6,453 37,646 49,704
As at 31 March 2025 788,537 105,294 124,426 1,018,257
Depreciation
As at 1 April 2024 72,670 24,708 38,264 135,642
Provided during the period 49,464 16,041 19,810 85,315
As at 31 March 2025 122,134 40,749 58,074 220,957
Net Book Value
As at 31 March 2025 666,403 64,545 66,352 797,300
As at 1 April 2024 710,262 74,133 48,516 832,911
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 437,030 497,550
Prepayments and accrued income 66,699 145,624
Other debtors 6,438 (7,239 )
510,167 635,935
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 61,451 185,053
Bank loans and overdrafts 111,422 111,422
Corporation tax 36,479 30,819
Other taxes and social security 32,049 24,222
VAT 91,785 102,178
Other creditors 156,988 152,751
Amounts due to parent undertaking 126,893 126,893
Accruals and deferred income 71,196 29,375
688,263 762,713
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans (> 1 year) 148,148 232,279
Page 4
Page 5
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5