Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 03899372 Mr Peter Ryding Mrs Helen Ryding Mrs Helen Ryding iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03899372 2023-12-31 03899372 2024-12-31 03899372 2024-01-01 2024-12-31 03899372 frs-core:CurrentFinancialInstruments 2024-12-31 03899372 frs-core:Non-currentFinancialInstruments 2024-12-31 03899372 frs-core:ComputerEquipment 2024-12-31 03899372 frs-core:ComputerEquipment 2024-01-01 2024-12-31 03899372 frs-core:ComputerEquipment 2023-12-31 03899372 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 03899372 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 03899372 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 03899372 frs-core:FurnitureFittings 2024-12-31 03899372 frs-core:FurnitureFittings 2024-01-01 2024-12-31 03899372 frs-core:FurnitureFittings 2023-12-31 03899372 frs-core:ShareCapital 2024-12-31 03899372 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03899372 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03899372 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03899372 frs-bus:SmallEntities 2024-01-01 2024-12-31 03899372 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03899372 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03899372 frs-bus:Director1 2024-01-01 2024-12-31 03899372 frs-bus:Director2 2024-01-01 2024-12-31 03899372 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 03899372 frs-countries:EnglandWales 2024-01-01 2024-12-31 03899372 2022-12-31 03899372 2023-12-31 03899372 2023-01-01 2023-12-31 03899372 frs-core:CurrentFinancialInstruments 2023-12-31 03899372 frs-core:Non-currentFinancialInstruments 2023-12-31 03899372 frs-core:ShareCapital 2023-12-31 03899372 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 03899372
Pathfinder Partners Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Haines and Company
Chartered Certified Accountants
Rear of 81 High Street
Wallingford
Oxfordshire
OX10 0BX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03899372
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 98,000 127,500
Tangible Assets 5 1,149 903
99,149 128,403
CURRENT ASSETS
Debtors 6 13,797 13,797
Cash at bank and in hand 2,202 11,453
15,999 25,250
Creditors: Amounts Falling Due Within One Year 7 (75,735 ) (102,452 )
NET CURRENT ASSETS (LIABILITIES) (59,736 ) (77,202 )
TOTAL ASSETS LESS CURRENT LIABILITIES 39,413 51,201
Creditors: Amounts Falling Due After More Than One Year 8 (20,903 ) (27,231 )
NET ASSETS 18,510 23,970
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 18,410 23,870
SHAREHOLDERS' FUNDS 18,510 23,970
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 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 Peter Ryding
Director
29th 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
Pathfinder Partners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03899372 . The registered office is Cuddy Thorne Cow Pool, Berrick Salome, Wallingford, Oxfordshire, OX10 6JJ.
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. Research and Development
Expenditure on research and development is capitalised and written off over 10 years on a straight line basis.
2.4. 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:
Fixtures & Fittings 20% reducing balance
Computer Equipment 33% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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Page 4
4. Intangible Assets
Development Costs
£
Cost
As at 1 January 2024 295,000
As at 31 December 2024 295,000
Amortisation
As at 1 January 2024 167,500
Provided during the period 29,500
As at 31 December 2024 197,000
Net Book Value
As at 31 December 2024 98,000
As at 1 January 2024 127,500
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 522 36,164 36,686
Additions - 541 541
As at 31 December 2024 522 36,705 37,227
Depreciation
As at 1 January 2024 502 35,281 35,783
Provided during the period 4 291 295
As at 31 December 2024 506 35,572 36,078
Net Book Value
As at 31 December 2024 16 1,133 1,149
As at 1 January 2024 20 883 903
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 13,797 13,797
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 7,685 14,847
Other creditors 67,577 85,609
Taxation and social security 473 1,996
75,735 102,452
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 20,903 27,231
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5