Acorah Software Products - Accounts Production 16.5.460 false true 30 April 2024 1 February 2023 false 1 May 2024 30 April 2025 30 April 2025 01437967 Mr C W Bowers Mrs S L Bowers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01437967 2024-04-30 01437967 2025-04-30 01437967 2024-05-01 2025-04-30 01437967 frs-core:CurrentFinancialInstruments 2025-04-30 01437967 frs-core:Non-currentFinancialInstruments 2025-04-30 01437967 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-30 01437967 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 01437967 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 01437967 frs-core:MotorVehicles 2024-05-01 2025-04-30 01437967 frs-core:PlantMachinery 2025-04-30 01437967 frs-core:PlantMachinery 2024-05-01 2025-04-30 01437967 frs-core:PlantMachinery 2024-04-30 01437967 frs-core:ShareCapital 2025-04-30 01437967 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 01437967 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 01437967 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 01437967 frs-bus:SmallEntities 2024-05-01 2025-04-30 01437967 frs-bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 01437967 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 01437967 frs-core:CostValuation 2024-04-30 01437967 frs-core:CostValuation 2025-04-30 01437967 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 01437967 frs-core:ProvisionsForImpairmentInvestments 2025-04-30 01437967 frs-bus:Director1 2024-05-01 2025-04-30 01437967 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 01437967 frs-countries:EnglandWales 2024-05-01 2025-04-30 01437967 2023-01-31 01437967 2024-04-30 01437967 2023-02-01 2024-04-30 01437967 frs-core:CurrentFinancialInstruments 2024-04-30 01437967 frs-core:Non-currentFinancialInstruments 2024-04-30 01437967 frs-core:ShareCapital 2024-04-30 01437967 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 01437967
Padtec Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of Padtec Limited for the year ended 30 April 2025
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Padtec Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Padtec Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Padtec Limited and state those matters that we have agreed to state to the director of Padtec Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Padtec Limited and its director as a body for our work or for this report.
It is your duty to ensure that Padtec Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Padtec Limited . You consider that Padtec Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Padtec Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
1 October 2025
Krowe Accountants
Grafton House
Bulls Head Yard
Alcester
Warwickshire
B49 5BX
Page 1
Page 2
Balance Sheet
Registered number: 01437967
30 April 2025 30 April 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 218,515 331
Investments 5 1,000,000 1,000,000
1,218,515 1,000,331
CURRENT ASSETS
Stocks 6 - 23,993
Debtors 7 19,874 49,292
Investments 8 - 251,000
Cash at bank and in hand 10,268 25,230
30,142 349,515
Creditors: Amounts Falling Due Within One Year 9 (499,938 ) (498,510 )
NET CURRENT ASSETS (LIABILITIES) (469,796 ) (148,995 )
TOTAL ASSETS LESS CURRENT LIABILITIES 748,719 851,336
Creditors: Amounts Falling Due After More Than One Year 10 (611,432 ) (747,000 )
NET ASSETS 137,287 104,336
CAPITAL AND RESERVES
Called up share capital 11 50,200 50,200
Profit and Loss Account 87,087 54,136
SHAREHOLDERS' FUNDS 137,287 104,336
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Page 3
For the year ending 30 April 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 C W Bowers
Director
1 October 2025
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Padtec Limited is a private company, limited by shares, registered in England and Wales.The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.The financial statements have been prepared under the historical cost convention
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes..
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:
Freehold No depreciation
Plant & Machinery at varying rates on cost
Motor Vehicles at varying rates on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period.The capital element of the future payments is treated as a liability.
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.6. Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees during the year was: NIL (2024: 3)
- 3
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 May 2024 - 95,665 95,665
Additions 218,515 - 218,515
As at 30 April 2025 218,515 95,665 314,180
Depreciation
As at 1 May 2024 - 95,334 95,334
Provided during the period - 331 331
As at 30 April 2025 - 95,665 95,665
Net Book Value
As at 30 April 2025 218,515 - 218,515
As at 1 May 2024 - 331 331
5. Investments
Subsidiaries
£
Cost
As at 1 May 2024 1,000,000
As at 30 April 2025 1,000,000
Provision
As at 1 May 2024 -
As at 30 April 2025 -
Net Book Value
As at 30 April 2025 1,000,000
As at 1 May 2024 1,000,000
6. Stocks
30 April 2025 30 April 2024
£ £
Stock - 23,993
7. Debtors
30 April 2025 30 April 2024
£ £
Due within one year
Trade debtors - 49,109
Other debtors 19,874 183
19,874 49,292
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Page 6
8. Current Asset Investments
30 April 2025 30 April 2024
£ £
Other investments, held for sale - 251,000
9. Creditors: Amounts Falling Due Within One Year
30 April 2025 30 April 2024
£ £
Trade creditors (35 ) 17,105
Bank loans and overdrafts 10,000 10,000
Other loans 297,000 251,000
Other creditors 192,973 192,171
Taxation and social security - 28,234
499,938 498,510
10. Creditors: Amounts Falling Due After More Than One Year
30 April 2025 30 April 2024
£ £
Bank loans 5,000 15,000
Amounts owed to group undertakings 186,432 172,000
Other creditors 420,000 560,000
611,432 747,000
11. Share Capital
30 April 2025 30 April 2024
£ £
Allotted, Called up and fully paid 50,200 50,200
12. Transfer to subsidiary
On 1 May 2024, the trade and employees of the company were transferred to its subsidiary, N C B Marking Equipment Limited.
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