Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 11771594 Mr Peter Riley Mr Lee Briggs iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11771594 2024-01-31 11771594 2025-01-31 11771594 2024-02-01 2025-01-31 11771594 frs-core:CurrentFinancialInstruments 2025-01-31 11771594 frs-core:Non-currentFinancialInstruments 2025-01-31 11771594 frs-core:MotorVehicles 2025-01-31 11771594 frs-core:MotorVehicles 2024-02-01 2025-01-31 11771594 frs-core:MotorVehicles 2024-01-31 11771594 frs-core:PlantMachinery 2025-01-31 11771594 frs-core:PlantMachinery 2024-02-01 2025-01-31 11771594 frs-core:PlantMachinery 2024-01-31 11771594 frs-core:ShareCapital 2025-01-31 11771594 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 11771594 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11771594 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 11771594 frs-bus:SmallEntities 2024-02-01 2025-01-31 11771594 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 11771594 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 11771594 frs-bus:Director1 2024-02-01 2025-01-31 11771594 frs-bus:Director2 2024-02-01 2025-01-31 11771594 frs-countries:Scotland 2024-02-01 2025-01-31 11771594 2023-01-31 11771594 2024-01-31 11771594 2023-02-01 2024-01-31 11771594 frs-core:CurrentFinancialInstruments 2024-01-31 11771594 frs-core:Non-currentFinancialInstruments 2024-01-31 11771594 frs-core:ShareCapital 2024-01-31 11771594 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 11771594
PLM Engineering Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Y D Associates
Chartered Tax Advisers
6 Cocksfoot Drive
Whitegates, Mossley
Ashton under Lyne
Lancashire
OL5 9JA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11771594
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 37,010 35,182
37,010 35,182
CURRENT ASSETS
Debtors 5 34,003 14,572
Cash at bank and in hand 1,397 2,567
35,400 17,139
Creditors: Amounts Falling Due Within One Year 6 (10,102 ) (5,946 )
NET CURRENT ASSETS (LIABILITIES) 25,298 11,193
TOTAL ASSETS LESS CURRENT LIABILITIES 62,308 46,375
Creditors: Amounts Falling Due After More Than One Year 7 (38,042 ) (46,036 )
NET ASSETS 24,266 339
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 24,166 239
SHAREHOLDERS' FUNDS 24,266 339
Page 1
Page 2
For the year ending 31 January 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 Peter Riley
Director
22/10/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PLM Engineering Ltd is a private company, limited by shares, incorporated in Scotland, registered number 11771594 . The registered office is Unit W1a, Warmco Westgate Manchester Road, Mossley, Ashton-Under-Lyne, OL5 9RR.
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:
Plant & Machinery WDV x 20%
Motor Vehicles WDV x 20%
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: 2 (2024: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 February 2024 42,539 4,583 47,122
Additions 5,831 5,250 11,081
As at 31 January 2025 48,370 9,833 58,203
Depreciation
As at 1 February 2024 11,124 816 11,940
Provided during the period 7,450 1,803 9,253
As at 31 January 2025 18,574 2,619 21,193
Net Book Value
As at 31 January 2025 29,796 7,214 37,010
As at 1 February 2024 31,415 3,767 35,182
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 34,003 14,572
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 1
Other creditors 2,200 1,100
Taxation and social security 7,901 4,845
10,102 5,946
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 2-5 years 6,111 7,222
Other loans 17,683 18,792
Other creditors 14,248 20,022
38,042 46,036
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4