Acorah Software Products - Accounts Production 16.5.460 false true 30 May 2024 1 June 2023 false 31 May 2024 30 May 2025 30 May 2025 11373264 Pamela Parker Jack Avery Dave Parker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11373264 2024-05-30 11373264 2025-05-30 11373264 2024-05-31 2025-05-30 11373264 frs-core:CurrentFinancialInstruments 2025-05-30 11373264 frs-core:Non-currentFinancialInstruments 2025-05-30 11373264 frs-core:BetweenOneFiveYears 2025-05-30 11373264 frs-core:ComputerEquipment 2025-05-30 11373264 frs-core:ComputerEquipment 2024-05-31 2025-05-30 11373264 frs-core:ComputerEquipment 2024-05-30 11373264 frs-core:FurnitureFittings 2025-05-30 11373264 frs-core:FurnitureFittings 2024-05-31 2025-05-30 11373264 frs-core:FurnitureFittings 2024-05-30 11373264 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-05-30 11373264 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 2025-05-30 11373264 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-30 11373264 frs-core:PlantMachinery 2025-05-30 11373264 frs-core:PlantMachinery 2024-05-31 2025-05-30 11373264 frs-core:PlantMachinery 2024-05-30 11373264 frs-core:WithinOneYear 2025-05-30 11373264 frs-core:ShareCapital 2025-05-30 11373264 frs-core:RetainedEarningsAccumulatedLosses 2025-05-30 11373264 frs-bus:PrivateLimitedCompanyLtd 2024-05-31 2025-05-30 11373264 frs-bus:FilletedAccounts 2024-05-31 2025-05-30 11373264 frs-bus:SmallEntities 2024-05-31 2025-05-30 11373264 frs-bus:AuditExempt-NoAccountantsReport 2024-05-31 2025-05-30 11373264 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-31 2025-05-30 11373264 frs-core:CostValuation 2024-05-30 11373264 frs-core:CostValuation 2025-05-30 11373264 frs-core:ProvisionsForImpairmentInvestments 2024-05-30 11373264 frs-core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-05-30 11373264 frs-core:ProvisionsForImpairmentInvestments 2025-05-30 11373264 frs-bus:Director1 2024-05-31 2025-05-30 11373264 frs-bus:Director2 2024-05-31 2025-05-30 11373264 frs-bus:Director3 2024-05-31 2025-05-30 11373264 frs-countries:EnglandWales 2024-05-31 2025-05-30 11373264 2023-05-31 11373264 2024-05-30 11373264 2023-06-01 2024-05-30 11373264 frs-core:CurrentFinancialInstruments 2024-05-30 11373264 frs-core:Non-currentFinancialInstruments 2024-05-30 11373264 frs-core:BetweenOneFiveYears 2024-05-30 11373264 frs-core:PlantMachinery 2023-06-01 2024-05-30 11373264 frs-core:WithinOneYear 2024-05-30 11373264 frs-core:ShareCapital 2024-05-30 11373264 frs-core:RetainedEarningsAccumulatedLosses 2024-05-30
Registered number: 11373264
PPSGB Limited
Unaudited Financial Statements
For The Year Ended 30 May 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11373264
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 102,218 117,348
Investments 5 - 30,000
102,218 147,348
CURRENT ASSETS
Stocks 6 236,039 260,348
Debtors 7 518,461 403,072
Cash at bank and in hand 64 7,388
754,564 670,808
Creditors: Amounts Falling Due Within One Year 8 (773,614 ) (704,977 )
NET CURRENT ASSETS (LIABILITIES) (19,050 ) (34,169 )
TOTAL ASSETS LESS CURRENT LIABILITIES 83,168 113,179
Creditors: Amounts Falling Due After More Than One Year 9 (46,907 ) (73,198 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (25,550 ) (29,300 )
NET ASSETS 10,711 10,681
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 10,611 10,581
SHAREHOLDERS' FUNDS 10,711 10,681
Page 1
Page 2
For the year ending 30 May 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
Jack Avery
Director
3 October 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PPSGB Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11373264 . The registered office is Protection House, Sherbourne Drive, Milton Keynes, Buckinghamshire, MK7 8HX.
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.
The company had net current liabilities of £19,050 at 30 May 2025.  The directors are confident that they will continue to secure additional customer contracts and further enhance the company's profitability in the months and years to come.  
On this basis the directors consider the preparation of the financial statements on a going concern basis to be most appropriate.
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:
Freehold Straight line 10%
Plant & Machinery Straight line 10%
Fixtures & Fittings Straight line 10%
Computer Equipment Straight line 10%
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.
2.6. 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.
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2.7. 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: 19 (2024: 18)
19 18
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 31 May 2024 2,710 156,541 6,794 4,371 170,416
Additions - - - 1,974 1,974
As at 30 May 2025 2,710 156,541 6,794 6,345 172,390
Depreciation
As at 31 May 2024 1,567 43,533 4,111 3,857 53,068
Provided during the period 271 15,655 890 288 17,104
As at 30 May 2025 1,838 59,188 5,001 4,145 70,172
Net Book Value
As at 30 May 2025 872 97,353 1,793 2,200 102,218
As at 31 May 2024 1,143 113,008 2,683 514 117,348
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Plant & Machinery 48,944 49,470
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Page 5
5. Investments
Subsidiaries
£
Cost or Valuation
As at 31 May 2024 70,000
As at 30 May 2025 70,000
Provision
As at 31 May 2024 40,000
Added in period 30,000
As at 30 May 2025 70,000
Net Book Value
As at 30 May 2025 -
As at 31 May 2024 30,000
6. Stocks
2025 2024
£ £
Materials and finished goods 236,039 260,348
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 261,174 272,641
Amounts owed by group undertakings 150,772 50,000
Other debtors 106,515 80,431
518,461 403,072
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 12,631 12,630
Trade creditors 208,164 179,086
Bank loans and overdrafts 12,744 6,776
Other loans 35,333 34,500
Amounts owed to group undertakings - 44,735
Other creditors 349,440 319,751
Taxation and social security 155,302 107,499
773,614 704,977
Included within other creditors is £229,327 (2024: £244,512) in respect of factored debts included within trade debtors.
Included within other creditors is £381 (2024: £18,368) due to a director. The company received loan advances of £1,910 in the period and made repayments of £19,897 to the director.
Included within other creditors is £34,756 (2024: £8,312) due to a director. The company received loan advances of £57,229 in the period and made repayments of £30,785 to the director.
Included within other creditors is £1,967 (2024: £nil) due to a director. The company received loan advances of £2,532 in the period and made repayments of £565 to the director.
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9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 21,051 33,682
Bank loans 25,856 32,016
Other loans - 7,500
46,907 73,198
10. Secured Creditors
A director has provided a personal guarantee in respect of £20,000 included in other loans due within one year.
Of the creditors due within one year, the following amounts are secured. 
2025 2024
£ £
Other Creditors 229,327 244,512
11. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 12,631 12,630
Later than one year and not later than five years 21,051 33,682
33,682 46,312
33,682 46,312
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 162,660 162,660
Later than one year and not later than five years 162,660 162,660
325,320 325,320
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