Acorah Software Products - Accounts Production 16.6.920 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 00874982 Mr Paul Milton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00874982 2024-03-31 00874982 2025-03-31 00874982 2024-04-01 2025-03-31 00874982 frs-core:CurrentFinancialInstruments 2025-03-31 00874982 frs-core:Non-currentFinancialInstruments 2025-03-31 00874982 frs-core:ComputerEquipment 2025-03-31 00874982 frs-core:ComputerEquipment 2024-04-01 2025-03-31 00874982 frs-core:ComputerEquipment 2024-03-31 00874982 frs-core:NetGoodwill 2025-03-31 00874982 frs-core:NetGoodwill 2024-04-01 2025-03-31 00874982 frs-core:NetGoodwill 2024-03-31 00874982 frs-core:PlantMachinery 2025-03-31 00874982 frs-core:PlantMachinery 2024-04-01 2025-03-31 00874982 frs-core:PlantMachinery 2024-03-31 00874982 frs-core:CapitalRedemptionReserve 2025-03-31 00874982 frs-core:ShareCapital 2025-03-31 00874982 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 00874982 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00874982 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 00874982 frs-bus:SmallEntities 2024-04-01 2025-03-31 00874982 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 00874982 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 00874982 frs-bus:Director1 2024-04-01 2025-03-31 00874982 frs-countries:EnglandWales 2024-04-01 2025-03-31 00874982 2023-03-31 00874982 2024-03-31 00874982 2023-04-01 2024-03-31 00874982 frs-core:CurrentFinancialInstruments 2024-03-31 00874982 frs-core:Non-currentFinancialInstruments 2024-03-31 00874982 frs-core:CapitalRedemptionReserve 2024-03-31 00874982 frs-core:ShareCapital 2024-03-31 00874982 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 00874982
Pay and Brown Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00874982
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 414 492
414 492
CURRENT ASSETS
Stocks 6 10,044 30,898
Debtors 7 9,107 7,189
19,151 38,087
Creditors: Amounts Falling Due Within One Year 8 (63,261 ) (65,012 )
NET CURRENT ASSETS (LIABILITIES) (44,110 ) (26,925 )
TOTAL ASSETS LESS CURRENT LIABILITIES (43,696 ) (26,433 )
Creditors: Amounts Falling Due After More Than One Year 9 (1,333 ) (9,333 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (79 ) (93 )
NET LIABILITIES (45,108 ) (35,859 )
CAPITAL AND RESERVES
Called up share capital 10 2 2
Capital redemption reserve 136 136
Profit and Loss Account (45,246 ) (35,997 )
SHAREHOLDERS' FUNDS (45,108) (35,859)
Page 1
Page 2
For the year ending 31 March 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 Paul Milton
Director
11th November 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
Pay and Brown Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00874982 . The registered office is Red Lodge 29 Princes Avenue, Minster On Sea, Sheerness, Kent, ME12 2HJ.
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 accounts have been prepared on the basis of going concern.  This basis may not be appropriate because the company had, at 31st March 2025, net liabilities of £45,108 (2024 £35,859).  The validity of the going concern basis is dependent upon the continued support of the company's director and ordinary creditors.
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of ten years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying value amount and are recognised in the Income Statement.
Plant & Machinery 15% on reducing balance
Computer Equipment 33% on reducing balance
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. 
2.6. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
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.
...CONTINUED
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Page 4
2.7. Taxation - continued
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Debtors
 Short term debtors are measured at transaction price, less any impairments for bad and doubtful debts.
2.10. Creditors
Short term creditors are measured at the transaction price.
2.11. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 100,000
As at 31 March 2025 100,000
Amortisation
As at 1 April 2024 100,000
As at 31 March 2025 100,000
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 3,374 3,462 6,836
As at 31 March 2025 3,374 3,462 6,836
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 April 2024 2,906 3,438 6,344
Provided during the period 70 8 78
As at 31 March 2025 2,976 3,446 6,422
Net Book Value
As at 31 March 2025 398 16 414
As at 1 April 2024 468 24 492
6. Stocks
2025 2024
£ £
Stock 10,044 30,898
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 5,695 5,300
Other debtors 3,412 1,889
9,107 7,189
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 216
Bank loans and overdrafts 21,335 33,034
Other creditors 41,070 30,816
Taxation and social security 856 946
63,261 65,012
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,333 9,333
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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