Acorah Software Products - Accounts Production 16.7.461 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 04693437 Mrs Angela Pitts Mr William Pitts Mrs Angela Pitts iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04693437 2024-05-31 04693437 2025-05-31 04693437 2024-06-01 2025-05-31 04693437 frs-core:CurrentFinancialInstruments 2025-05-31 04693437 frs-core:ComputerEquipment 2025-05-31 04693437 frs-core:ComputerEquipment 2024-06-01 2025-05-31 04693437 frs-core:ComputerEquipment 2024-05-31 04693437 frs-core:NetGoodwill 2025-05-31 04693437 frs-core:NetGoodwill 2024-06-01 2025-05-31 04693437 frs-core:NetGoodwill 2024-05-31 04693437 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-05-31 04693437 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 04693437 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 04693437 frs-core:PlantMachinery 2025-05-31 04693437 frs-core:PlantMachinery 2024-06-01 2025-05-31 04693437 frs-core:PlantMachinery 2024-05-31 04693437 frs-core:ShareCapital 2025-05-31 04693437 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 04693437 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 04693437 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 04693437 frs-bus:SmallEntities 2024-06-01 2025-05-31 04693437 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 04693437 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 04693437 frs-bus:Director1 2024-06-01 2025-05-31 04693437 frs-bus:Director2 2024-06-01 2025-05-31 04693437 frs-bus:CompanySecretary1 2024-06-01 2025-05-31 04693437 frs-countries:EnglandWales 2024-06-01 2025-05-31 04693437 2023-05-31 04693437 2024-05-31 04693437 2023-06-01 2024-05-31 04693437 frs-core:CurrentFinancialInstruments 2024-05-31 04693437 frs-core:ShareCapital 2024-05-31 04693437 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 04693437
N B Pitts Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
N B Pitts Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
N B Pitts Limited
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 04693437

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 29,394 |  | 72,407
|  |  | 29,394 |  | 72,407
CURRENT ASSETS
Stocks | 6 | 1,288 |  | 973 |
Debtors | 7 | 852,616 |  | 877,432 |
Cash at bank and in hand |  | 290,154 |  | 231,804 |
|  | 1,144,058 |  | 1,110,209 |
Creditors: Amounts Falling Due Within One Year | 8 | (726,287 ) |  | (794,035 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 417,771 |  | 316,174
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 447,165 |  | 388,581
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (7,348 ) |  | (18,101 )
NET ASSETS |  |  | 439,817 |  | 370,480
CAPITAL AND RESERVES
Called up share capital | 9 |  | 200 |  | 200
Profit and Loss Account |  |  | 439,617 |  | 370,280
SHAREHOLDERS' FUNDS |  |  | 439,817 |  | 370,480

Page 1
Page 2
N B Pitts Limited
Balance Sheet (continued)
As At 31 May 2025
For the year ending 31 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

Mr William Pitts Director
27 November 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
N B Pitts Limited
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
N B Pitts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04693437 . The registered office is Unit 3 Atlas House, West Devon Business Park, Tavistock, Devon, PL19 9DP.
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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
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.
Amortisation:
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over
their useful life as follows:
Asset class Amortisation method and rate
Goodwill 10% straight line
2.4. 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 | 5% straight line
Plant & Machinery | 25% reducing balance
Computer Equipment | 3 years straight line

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. Taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Page 3
Page 4
N B Pitts Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
2.7. Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
2.8. Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
2.9. Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If
contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 June 2024 | 515,000
As at 31 May 2025 | 515,000
Amortisation
As at 1 June 2024 | 515,000
As at 31 May 2025 | 515,000
Net Book Value
As at 31 May 2025 | -
As at 1 June 2024 | -

Page 4
Page 5
N B Pitts Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
5. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Computer Equipment | Total
| £ | £ | £ | £
Cost
As at 1 June 2024 | 40,527 | 96,510 | 6,392 | 143,429
Disposals | - | (61,983 ) | - | (61,983 )
As at 31 May 2025 | 40,527 | 34,527 | 6,392 | 81,446
Depreciation
As at 1 June 2024 | 14,404 | 51,750 | 4,868 | 71,022
Provided during the period | 2,027 | 1,506 | 741 | 4,274
Disposals | - | (23,244 ) | - | (23,244 )
As at 31 May 2025 | 16,431 | 30,012 | 5,609 | 52,052
Net Book Value
As at 31 May 2025 | 24,096 | 4,515 | 783 | 29,394
As at 1 June 2024 | 26,123 | 44,760 | 1,524 | 72,407

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 1,288 |  | 973

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 739,585 |  | 849,382
Other debtors | 113,031 |  | 28,050
| 852,616 |  | 877,432

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 665,771 |  | 736,861
Other creditors | 1,096 |  | 1,020
Taxation and social security | 59,420 |  | 56,154
| 726,287 |  | 794,035

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 200 |  | 200

Page 5
Page 6
N B Pitts Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
10. Related Party Transactions
Other Debtor includes the overdrawn director's loan at the year end the outstanding of £106,520 (2024 : £22,246 ). Interest was charged at the HMRC standard rate on the outstanding balance on a monthly basis. All loans to the directors are repayable on demand.
Page 6