Acorah Software Products - Accounts Production 16.6.920 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 12722008 Mrs Sarah Bolt Mr James Bolt Mr Andrew Jervis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12722008 2024-07-31 12722008 2025-07-31 12722008 2024-08-01 2025-07-31 12722008 frs-core:CurrentFinancialInstruments 2025-07-31 12722008 frs-core:Non-currentFinancialInstruments 2025-07-31 12722008 frs-core:ComputerEquipment 2025-07-31 12722008 frs-core:ComputerEquipment 2024-08-01 2025-07-31 12722008 frs-core:ComputerEquipment 2024-07-31 12722008 frs-core:FurnitureFittings 2025-07-31 12722008 frs-core:FurnitureFittings 2024-08-01 2025-07-31 12722008 frs-core:FurnitureFittings 2024-07-31 12722008 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-07-31 12722008 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-01 2025-07-31 12722008 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 12722008 frs-core:PlantMachinery 2025-07-31 12722008 frs-core:PlantMachinery 2024-08-01 2025-07-31 12722008 frs-core:PlantMachinery 2024-07-31 12722008 frs-core:ShareCapital 2025-07-31 12722008 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 12722008 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12722008 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 12722008 frs-bus:SmallEntities 2024-08-01 2025-07-31 12722008 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 12722008 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 12722008 frs-bus:Director1 2024-08-01 2025-07-31 12722008 frs-bus:Director2 2024-08-01 2025-07-31 12722008 frs-bus:Director3 2024-08-01 2025-07-31 12722008 frs-countries:EnglandWales 2024-08-01 2025-07-31 12722008 2023-07-31 12722008 2024-07-31 12722008 2023-08-01 2024-07-31 12722008 frs-core:CurrentFinancialInstruments 2024-07-31 12722008 frs-core:Non-currentFinancialInstruments 2024-07-31 12722008 frs-core:ShareCapital 2024-07-31 12722008 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 12722008
Pet Care Ventures Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
Chesterton House Accounting Services LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12722008
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 110,303 122,281
110,303 122,281
CURRENT ASSETS
Stocks 5 17,913 18,761
Debtors 6 28,705 27,026
Cash at bank and in hand 209,520 169,379
256,138 215,166
Creditors: Amounts Falling Due Within One Year 7 (99,782 ) (116,070 )
NET CURRENT ASSETS (LIABILITIES) 156,356 99,096
TOTAL ASSETS LESS CURRENT LIABILITIES 266,659 221,377
Creditors: Amounts Falling Due After More Than One Year 8 (91,669 ) (110,002 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (27,575 ) (30,570 )
NET ASSETS 147,415 80,805
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account 147,405 80,795
SHAREHOLDERS' FUNDS 147,415 80,805
Page 1
Page 2
For the year ending 31 July 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 James Bolt
Director
28/10/2025
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
Pet Care Ventures Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12722008 . The registered office is 3 Rectory Place, Loughborough, LE11 1UW.
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:
Short leasehold 15 years straight line
Plant & Machinery 25% reducing balance
Improvements to property 15 years straight line
Computer Equipment 5 years straight line
2.4. 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.
2.5. 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 11)
12 11
4. Tangible Assets
Land & Property
Short leasehold Plant & Machinery Improvements to property Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2024 72,485 54,186 36,672 6,678 170,021
Additions - 1,630 - 2,583 4,213
Disposals - (288 ) - (1,316 ) (1,604 )
As at 31 July 2025 72,485 55,528 36,672 7,945 172,630
Depreciation
As at 1 August 2024 12,382 26,989 6,316 2,053 47,740
Provided during the period 4,832 6,857 2,445 1,335 15,469
Disposals - (167 ) - (715 ) (882 )
As at 31 July 2025 17,214 33,679 8,761 2,673 62,327
Net Book Value
As at 31 July 2025 55,271 21,849 27,911 5,272 110,303
As at 1 August 2024 60,103 27,197 30,356 4,625 122,281
5. Stocks
2025 2024
£ £
Finished goods 17,913 18,761
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 10,973 9,852
Other debtors 17,732 17,174
28,705 27,026
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 25,053 22,615
Other loans 18,333 18,333
Other creditors 6,553 35,562
Taxation and social security 49,843 39,560
99,782 116,070
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Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 91,669 110,002
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
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