Acorah Software Products - Accounts Production 16.4.675 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 12319160 Mr Mark Blackburne Mr Gordon Pennock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12319160 2023-11-30 12319160 2024-11-30 12319160 2023-12-01 2024-11-30 12319160 frs-core:CurrentFinancialInstruments 2024-11-30 12319160 frs-core:ComputerEquipment 2024-11-30 12319160 frs-core:ComputerEquipment 2023-12-01 2024-11-30 12319160 frs-core:ComputerEquipment 2023-11-30 12319160 frs-core:MotorVehicles 2024-11-30 12319160 frs-core:MotorVehicles 2023-12-01 2024-11-30 12319160 frs-core:MotorVehicles 2023-11-30 12319160 frs-core:WithinOneYear 2024-11-30 12319160 frs-core:ShareCapital 2024-11-30 12319160 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 12319160 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 12319160 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 12319160 frs-bus:SmallEntities 2023-12-01 2024-11-30 12319160 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 12319160 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 12319160 frs-bus:Director1 2023-12-01 2024-11-30 12319160 frs-bus:Director1 2023-11-30 12319160 frs-bus:Director1 2024-11-30 12319160 frs-bus:Director2 2023-12-01 2024-11-30 12319160 frs-bus:Director2 2023-11-30 12319160 frs-bus:Director2 2024-11-30 12319160 frs-countries:EnglandWales 2023-12-01 2024-11-30 12319160 2022-11-30 12319160 2023-11-30 12319160 2022-12-01 2023-11-30 12319160 frs-core:CurrentFinancialInstruments 2023-11-30 12319160 frs-core:WithinOneYear 2023-11-30 12319160 frs-core:ShareCapital 2023-11-30 12319160 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 12319160
Ping Services Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Crisp Accountancy Ltd
Ping Services Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—4

Page 1
Ping Services Ltd
Balance Sheet
As At 30 November 2024
Balance Sheet
Registered number: 12319160

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 13,612 |  | 16,665
|  |  | 13,612 |  | 16,665
CURRENT ASSETS
Debtors | 5 | 359,630 |  | 138,289 |
Cash at bank and in hand |  | 107,563 |  | 147,198 |
|  | 467,193 |  | 285,487 |
Creditors: Amounts Falling Due Within One Year | 6 | (684,921 ) |  | (296,438 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (217,728 ) |  | (10,951 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (204,116 ) |  | 5,714
NET (LIABILITIES)/ASSETS |  |  | (204,116 ) |  | 5,714
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Profit and Loss Account |  |  | (204,216 ) |  | 5,614
SHAREHOLDERS' FUNDS |  |  | (204,116) |  | 5,714

For the year ending 30 November 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 Gordon Pennock Director
28/10/2025

The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Ping Services Ltd
Notes to the Financial Statements
For The Year Ended 30 November 2024
Notes to the Financial Statements
1. General Information
Ping Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12319160 . The registered office is C/O Crisp Accountancy 5 Forum Place, Fiddlebridge Lane, Hatfield, England, AL10 0RN.
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:

Motor Vehicles | 20% straight line
Computer Equipment | 20% 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. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current 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: 4 (2023: 4)
4 4
Page 2
Page 3
Ping Services Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2024
4. Tangible Assets

| Motor Vehicles | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 December 2023 | 16,998 | 4,000 | 20,998
Additions | - | 1,721 | 1,721
As at 30 November 2024 | 16,998 | 5,721 | 22,719
Depreciation
As at 1 December 2023 | 1,133 | 3,200 | 4,333
Provided during the period | 3,400 | 1,374 | 4,774
As at 30 November 2024 | 4,533 | 4,574 | 9,107
Net Book Value
As at 30 November 2024 | 12,465 | 1,147 | 13,612
As at 1 December 2023 | 15,865 | 800 | 16,665

5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 182,387 |  | 136,289
Prepayments and accrued income | 6,881 |  | -
Other debtors | 100,337 |  | 2,000
Directors' loan accounts | 70,025 |  | -
| 359,630 |  | 138,289

6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 13,955 |  | 19,029
Trade creditors | 58,930 |  | 32,872
Bank loans and overdrafts | 1,862 |  | -
Other loans | 95,449 |  | -
Corporation tax | (2,577 ) |  | 8,426
Other taxes and social security | 10,870 |  | 2,937
VAT | 108,794 |  | 80,494
Other creditors | 7,184 |  | 6,852
Accruals and deferred income | 390,454 |  | 144,708
Directors' loan accounts | - |  | 1,120
| 684,921 |  | 296,438

7. Obligations Under Finance Leases and Hire Purchase

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 13,955 |  | 19,029

Page 3
Page 4
Ping Services Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2024
8. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 December 2023 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 November 2024
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Mark Blackburne | - | 34,452 | - | - | 34,452
Mr Gordon Pennock | - | 35,573 | - | - | 35,573

The above loan is unsecured, interest free and repayable on demand.
Page 4